NOT LISTED FOR SALE

126 Morningside Ave North Middletown, NJ 07748

Estimated Value: $592,126 - $603,000

-- Bed
-- Bath
1,994 Sq Ft
$299/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $485,000 $243 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,174/month

35 Days on Market

Highlights

  • Cooling Available
  • Baseboard Heating
  • 1-Story Property
  • Tankless Water Heater

About This Home

As of July 2022

Fantastic opportunity to purchase a two family property in Middletown. Perfectly situated between Ideal Beach and McMahon Park for all your summer activities! Close to Manhattan ferries and mass transit. Perfect place to buy and live in one unit and rent out the other space. The main home has 3 large bedrooms, 2.5 baths, (including 1 that was just renovated), and brand new carpets throughout the home.The front home is a spacious 1 bed 1 bath apartment with vaulted ceilings and a sunroom, tastefully decorated with amazing tenants in already in place.

Last Agent to Sell the Property

Daniel Velez

Melrose Realty, LLC License #1972701 Listed on: 04/13/2022

Last Buyer's Agent

Tammy Aversa

C21 Thomson & Co. License #1866649

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,043

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water
  • Assessor Parcel Number 32-00074-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,043

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1938
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Water: Yes
  • General Property Info # Parking Spaces: 3.0
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Dishwasher3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Slab
  • Basement: No
  • Stories: 1
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 32-00074-0000-00004
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8043.0
  • Tax Other Annual Assessment Amount: 386700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 13, 2022
Sold by
Andrew Homiak
Bought by
Torres Enrique and Diaz Jennifer
Seller's Agent
Daniel Velez
Melrose Realty, LLC
Buyer's Agent
Tammy Aversa
C21 Thomson & Co.
List Price
$449,999
Sold Price
$485,000
Premium/Discount to List
$35,001
7.78%
Current Estimated Value
$632,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,114
Avg. Annual Appreciation
8.43%
Original Mortgage
$412,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1992
Bought by
Homiak Andrew and Caroline Alberta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Torres Enrique $485,000 --
Homiak Andrew $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Enrique $414,630
Previous Owner Torres Enrique $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $485,000 +7.8% $243 / Sq Ft
06/16/2022 06/16/22 For Sale $449,999 0.0% $226 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $449,999 -- $226 / 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
2024 $8,191 $517,800 $218,400 $299,400
2023 $8,191 $471,300 $196,000 $275,300
2022 $8,043 $465,200 $162,500 $302,700
2021 $8,043 $386,700 $120,000 $266,700
2020 $7,926 $370,700 $110,000 $260,700
2019 $7,850 $371,700 $112,500 $259,200
2018 $8,824 $407,200 $160,000 $247,200
2017 $8,031 $366,900 $125,000 $241,900
2016 $6,623 $310,800 $75,000 $235,800
2015 $6,793 $307,800 $75,000 $232,800
2014 $7,076 $312,700 $100,000 $212,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Velez

    Melrose Realty, LLC

    (732) 670-4104

    1 in this area

    15 Total Sales

    Section Image
  • Tammy Aversa

    Buyer's Agent in 2022

    Tammy Aversa

    C21 Thomson & Co.

    (732) 945-7035

    2 in this area

    43 Total Sales

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22210654

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00074-0000-00004

New Jersey Monmouth County North Middletown 07748

126 Morningside Ave, North Middletown, NJ

This home is located at 126 Morningside Ave, North Middletown, NJ 07748 since 13 April 2022 and is currently estimated at $596,532, approximately $299 per square foot. This property was built in 1938. 126 Morningside Ave is a home located in Monmouth County with nearby schools including Ocean Avenue Elementary School, Thorne Middle School, and Middletown High School North.

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.

Nearby Homes