NOT LISTED FOR SALE

126 Inskip Ave Ocean Grove, NJ 07756

Estimated Value: $1,006,000 - $1,081,000

5 Beds
3 Baths
2,196 Sq Ft
$478/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $999,000 $455 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,759/month

13 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Ceiling height of 9 feet on the main level
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2024

Discover the quiet South side of Ocean Grove with this UNIQUE FAMILY HOME with desirable Rental Unit - perfect for home office, in-law suite or rental income. This legal 2-family corner property on a double lot has a Main House with large Living Room with high ceilings and giant stone gas fireplace. Hardwood floors throughout which lead you to a separate dining room, 2021 renovated kitchen with stainless steel appliances with lots of cabinets and hall pantry. Rare first floor bedroom with adjacent full bathroom w/stall shower & separate laundry room leading to the spacious 2 car garage. The second floor has 2 bedrooms and a full bathroom with soaker tub and shower. The attached 2 bedrom/1 bath apartment has it all. Separate exterior entrance, updated kitchen, newer floording, bathroom with stall shower and in-unit laundry and 2 small bedrooms. Separate gas and electric meters. New on-demand tankless Hot Water Baseboard Heat in Main House and Hot Water throughout. The dead-end street on the side leads you to the rare 2 car garage with supplemental loft storage. Fenced in side yard and small deck create additional outdoor living space. Seller is in approval process to install central air/mini splits in Main House. Home is vacant and easy to show.

Last Agent to Sell the Property

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 09/04/2024

RE/MAX Gateway

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,825

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 60 x 65
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Living Room
  • Dining Room

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Neptune Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: Kitchen water filtration system
  • Assessor Parcel Number 35-00293-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,825

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: AC Units, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Grove
  • Architectural Style: Mother/Daughter, 2 Story
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 1st Flr, In-Law Suite
  • Year Built: 1950
  • Contract Info List PriceSqFt: 432.15
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 65
  • Location Middle School: Neptune
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Foyer Two Story: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Interior In-Law Suite: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Dining Room Built-Ins3: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Foyer Fireplace - Gas: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Exclusions: Kitchen water filtration system
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 60 x 65
  • Parcel #: 35-00293-0000-00001
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14825.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2002
Sold by
Landrigan John
Bought by
Gentile Joseph and Ballas Richard
Current Estimated Value
$1,050,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
6.64%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gentile Joseph $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gentile Joseph $144,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $999,000 +5.3% $455 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $949,000 0.0% $432 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $949,000 +60.8% $432 / Sq Ft
02/22/2021 02/22/21 Sold $590,000 -1.5% $269 / Sq Ft View Prior Sale
12/04/2020 12/04/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $599,000 -4.2% $273 / Sq Ft
10/03/2020 10/03/20 For Sale $625,000 0.0% $285 / Sq Ft
02/01/2017 02/01/17 Rented $13,800 -42.5% --
03/01/2015 03/01/15 Rented $24,000 -25.9% --
12/08/2013 12/08/13 Rented $32,400 -- --
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 $14,825 $1,060,100 $614,500 $445,600
2024 $11,694 $862,400 $491,400 $371,000
2023 $11,694 $659,200 $434,500 $224,700
2022 $13,378 $588,200 $409,300 $178,900
2021 $12,570 $644,100 $357,700 $286,400
2020 $12,927 $620,000 $348,600 $271,400
2019 $12,570 $594,900 $340,300 $254,600
2018 $11,950 $559,700 $307,100 $252,600
2017 $11,896 $534,400 $300,500 $233,900
2016 $11,520 $516,600 $286,400 $230,200
2015 $10,932 $499,200 $274,600 $224,600
2014 $10,988 $412,300 $199,600 $212,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22425201

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00293-0000-00001