NOT LISTED FOR SALE

1226 8th Ave Neptune, NJ 07753

Estimated Value: $691,000 - $816,000

-- Bed
4 Baths
2,730 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $389,000 $142 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,014/month

22 Days on Market

Highlights

  • Cooling Available
  • 2 Car Garage
  • No Heating

About This Home

As of September 2019

This home is located at 1226 8th Ave, Neptune, NJ 07753 since 12 December 2018 and is currently estimated at $752,469, approximately $275 per square foot. This property was built in 1920. 1226 8th Ave is a home located in Monmouth County with nearby schools including Neptune High School.

Last Agent to Sell the Property

Frank Joseph Sorrentino

VRI Homes Brokerage Phone: 800-531-2885 Listed on: 12/12/2018

Last Buyer's Agent

Sharon Ferrari

Patrick Parker Realty License #1432119

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1920

Lot Details

  • 7,492

Parking

  • 2 Car Garage

Home Design

  • Triplex

Schools

  • Neptune Middle School

Utilities

  • Cooling Available
  • No Heating

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50 x 150
  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 35-00412-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,295

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Attribution Contact: 800-531-2885
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: None
  • HeatingYN: No
  • Water Source: Public
  • Heating:None3: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 35-00412-0000-00002

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6295.0
  • Tax Other Annual Assessment Amount: 290100.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2018
Closed on
Sep 18, 2019
Sold by
Yym Partners Llc
Bought by
1226 Eight Avenue Llc
Seller's Agent
Frank Joseph Sorrentino
VRI Homes
Buyer's Agent
Sharon Ferrari
Patrick Parker Realty
Sold Price
$389,000
Current Estimated Value
$752,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,469
Avg. Annual Appreciation
11.25%

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 5, 2017
Sold by
1226-1401 Neptune Llc
Bought by
Yym Partners Llc
Seller's Agent
Marc Sorrentino
VRI Homes
Buyer's Agent
Marc Sorrentino
VRI Homes
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$280,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2014
Sold by
Apple 25 Llc
Bought by
1226 1401 Neptune Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2013
Sold by
Brown Donna L and Estate Of Theresa Moreau
Bought by
Ellerman Tonni M and Ellerman Bridget M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2012
Sold by
Eisen Gitel
Bought by
Apple 25 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2012
Sold by
Frenkel Yehoshua
Bought by
Eisen Gitel

Purchase Details

Closed on
Apr 4, 2012
Sold by
Alessi John
Bought by
Frenkel Yehoshua

Purchase Details

Closed on
Feb 17, 2005
Sold by
Coriolan Roland
Bought by
Alessi John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1226 Eight Avenue Llc $389,000 Truex Abstract Inc
Yym Partners Llc $300,000 None Available
1226 1401 Neptune Llc $285,000 None Available
Ellerman Tonni M $225,000 Coastal Title Agency Inc
Apple 25 Llc -- None Available
Eisen Gitel $90,000 Quick Title Search Llc
Frenkel Yehoshua $85,000 Quick Title Search Llc
Alessi John $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yym Partners Llc $280,000
Previous Owner 1226 1401 Neptune Llc $393,750
Previous Owner Ellerman Tonni M $220,924
Previous Owner Apple 25 Llc $140,000
Previous Owner Alessi John $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2019 09/19/19 Sold $389,000 +29.7% $142 / Sq Ft
12/07/2017 12/07/17 Sold $300,000 -- $110 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,493 $811,100 $264,200 $546,900
2024 $11,587 $713,500 $251,200 $462,300
2023 $11,587 $641,600 $190,100 $451,500
2022 $8,279 $509,100 $154,300 $354,800
2021 $8,279 $391,800 $119,000 $272,800
2020 $7,792 $367,900 $109,400 $258,500
2019 $6,373 $297,100 $109,400 $187,700
2018 $6,295 $290,100 $103,800 $186,300
2017 $6,438 $285,000 $119,300 $165,700
2016 $7,488 $285,000 $119,300 $165,700
2015 $6,913 $310,400 $104,300 $206,100
2014 $6,721 $248,100 $69,300 $178,800
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Frank Joseph Sorrentino

    VRI Homes

  • Sharon Ferrari

    Buyer's Agent in 2019

    Sharon Ferrari

    Patrick Parker Realty

    (732) 455-5252

    7 in this area

    70 Total Sales

    Sharon Ferrari
    Section Image
  • Marc Sorrentino

    Seller's Agent in 2017

    Marc Sorrentino

    VRI Homes

    (732) 816-9178

    27 Total Sales

    Marc Sorrentino
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21846888

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00412-0000-00002

New Jersey Monmouth County Neptune 07753

1226 8th Ave, Neptune, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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