NOT LISTED FOR SALE

1237 Sherman Ave Point Pleasant Boro, NJ 08742

Estimated Value: $768,000 - $893,000

3 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold May 24, 2018

Last sale price $501,000

Est. 69% increase in value since last sale

Current estimated payment $5,227/month

Highlights

  • Deck
  • Furnished
  • 1 Car Attached Garage
  • Wood Flooring
  • Cottage
  • Patio

About This Home

As of February 2021

Short term rental only March, April and May (2,500.00 per month) .. possible for JUNE at increased rent. This home is perfect short term rental. Close to the beach, town and train.

Last Agent to Rent the Property

John Meechan

The Gallery Residential Brokerage License #0448924 Listed on: 02/06/2021

The Gallery Residential Brokerage

Last Renter's Agent

John Meechan

The Gallery Residential Brokerage License #0448924 Listed on: 02/06/2021

The Gallery Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,796

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage

Interior Spaces

  • 3-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Ocean Elementary School
  • Memorial Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 3/1/21
  • Short Term Lease
  • Assessor Parcel Number 25-00152-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,796

Year Built

Built in 1961

Lot Details

0

Parking

1

Rental Info

  • Furnished: Optional, Furnished
  • Available Date: 2021-03-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Expanded Ranch, Cottage/Bungalow
  • Reso Flooring: Wood
  • Year Built: 1961
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.28
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Contract Info Available Date: 2021-03-01
  • Maintenance Fees Security Deposit3: 2500.0
  • Lease Requirements Security Deposit4: Yes
  • Style Expanded Ranch: Yes
  • Style CottageBungalow: Yes
  • Furnished Full2: Yes
  • Furnished Optional: Yes
  • Lease Terms Short Term: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 3
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Acres: 0.28
  • Waterfront: No
  • Exterior Features: Deck, Fence, Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 25-00152-0000-00007

MLS Schools

  • Elementary School: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 24, 2018
Sold by
Palumbo Patrick and Palumbo Maria
Bought by
Simons Carol Anne
Seller's Agent
Lisa Waddleton
Keller Williams Realty Ocean Living
Buyer's Agent
James Ward
Ward Realty
Sold Price
$501,000
Current Estimated Value
$847,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,496
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jan 4, 1991
Bought by
Palumbo Patrick and Palumbo Maria
Source: Public Records

Range of Values:

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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
Simons Carol Anne $501,000 Anchor Title Agency
Palumbo Patrick $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Rented $12,500 +400.0% --
02/11/2021 02/11/21 Under Contract -- -- --
02/05/2021 02/05/21 For Rent $2,500 0.0% --
05/24/2018 05/24/18 Sold $501,000 -- $296 / Sq Ft
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 $8,796 $384,600 $220,000 $164,600
2024 $8,407 $384,600 $220,000 $164,600
2023 $8,234 $384,600 $220,000 $164,600
2022 $8,234 $384,600 $220,000 $164,600
2021 $8,107 $384,600 $220,000 $164,600
2020 $8,023 $384,600 $220,000 $164,600
2019 $7,915 $384,600 $220,000 $164,600
2018 $7,680 $384,600 $220,000 $164,600
2017 $7,511 $384,600 $220,000 $164,600
2016 $7,454 $384,600 $220,000 $164,600
2015 $7,365 $384,600 $220,000 $164,600
2014 $7,196 $384,600 $220,000 $164,600
Source: Public Records

Agents Affiliated with this Home

  • John Meechan

    Landlord's Agent in 2021

    John Meechan

    The Gallery Residential Brokerage

    (732) 773-7471

    1 in this area

    61 Total Sales

    John Meechan
    Section Image
  • Lisa Waddleton

    Seller's Agent in 2018

    Lisa Waddleton

    Keller Williams Realty Ocean Living

    (732) 814-7218

    8 in this area

    33 Total Sales

    Lisa Waddleton
    Section Image

  • J

    Buyer's Agent in 2018

    James Ward

    Ward Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22103458

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00152-0000-00007

New Jersey Ocean County 08742

1237 Sherman Ave, NJ

This home is located at 1237 Sherman Ave, Point Pleasant Boro, NJ 08742 since 06 February 2021 and is currently priced at $847,496. This property was built in 1961. 1237 Sherman Ave is a home located in Ocean County with nearby schools including Point Pleasant High School and St. Peter School.

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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