NOT LISTED FOR SALE

1237 Sherman Ave Point Pleasant Boro, NJ 08742

Estimated Value: $759,000 - $965,000

3 Beds
2 Baths
1,694 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $501,000 $296 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,322/month

About This Home

As of May 2018

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.

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
$825,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,481
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jan 4, 1991
Bought by
Palumbo Patrick and Palumbo Maria

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palumbo Patrick $110,904
Previous Owner Palumbo Patrick $35,000
Previous Owner Palumbo Patrick $25,000
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

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
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

    Seller's Agent in 2021

    John Meechan

    The Gallery Residential Brokerage

    (732) 773-7471

    1 in this area

    57 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

    31 Total Sales

    Lisa Waddleton
    Section Image

  • J

    Buyer's Agent in 2018

    James Ward

    Ward Realty

See All Agents

Map

New Jersey Ocean County Point Pleasant Boro 08742

1237 Sherman Ave, Point Pleasant Boro, NJ

Homes for Sale in Point Pleasant Boro, NJ

This home is located at 1237 Sherman Ave, Point Pleasant Boro, NJ 08742 and is currently estimated at $825,481, approximately $487 per square foot. 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.

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