NOT LISTED FOR SALE

124 Mount Hermon Way Ocean Grove, NJ 07756

Estimated Value: $929,000 - $1,321,000

4 Beds
3.5 Baths
1,510 Sq Ft
$695/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $800,000 $530 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,904/month

26 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Zoned Heating and Cooling
  • Colonial Architecture
  • Porch
  • 4-minute walk to Greenleaf Park

About This Home

As of September 2020

A Jewel at the Shore. Three story Colonial with three large bedrooms on second floor.Large suite on third floor. Newer kitchen with granite counters and stainless steel appliances. Formal dining room and custom woodwork in living room with hard wood floors throughout Nearly all new windows , two zoned heat and air. Inviting secret garden and patio with sprinkler system for the entire property plus mahogany porch

Last Agent to Sell the Property

Martha Bentley

Jack Green Realty License #1008214 Listed on: 07/08/2020

Jack Green Realty

Last Buyer's Agent

Shannon Mitchell

Vail Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,471

Year Built

  • Built in 1924

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 60
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,510 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Midtown Community Elementary School
  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Senior Community
  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00159-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,471

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Ocean Grove
  • Architectural Style: Colonial
  • New Construction: No
  • Year Built: 1924
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 30 x 60
  • General Property Info Farm: No
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Porch - Open, Sprinkler Under

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00159-0000-00002

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12471.0

MLS Schools

  • Elementary School: Midtown Community
  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2004
Sold by
Butera Patrick
Bought by
Dagostino Thomas
Current Estimated Value
$1,049,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.32%

Purchase Details

Closed on
Jun 25, 2002
Sold by
Gordon A Culver
Bought by
Butera Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.36%
Source: Public Records

Range of Values:

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Average Value
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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
Dagostino Thomas $330,000 --
Butera Patrick $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellbrocic Devon Day $640,000
Closed Wellbrock Devon Day $640,000
Closed Fairbairn David T $100,000
Closed Fairbairn David T $260,000
Closed Fairbairn David T $7,500
Closed Fairbairn David T $280,000
Closed Fairbairn David T $320,000
Closed Dagostino Thomas $225,000
Previous Owner Butera Patrick $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $800,000 +1.3% $530 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $790,000 -- $523 / 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 $14,749 $885,000 $423,800 $461,200
2024 $13,722 $858,000 $365,900 $492,100
2023 $13,722 $773,500 $394,400 $379,100
2022 $13,351 $747,800 $377,900 $369,900
2021 $12,471 $642,800 $358,400 $284,400
2020 $12,445 $596,900 $327,400 $269,500
2019 $12,471 $590,200 $337,400 $252,800
2018 $12,560 $588,300 $337,400 $250,900
2017 $11,678 $524,600 $292,300 $232,300
2016 $11,088 $497,200 $268,600 $228,600
2015 $10,304 $470,500 $247,400 $223,100
2014 $9,093 $341,200 $172,400 $168,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22022423

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00159-0000-00002