NOT LISTED FOR SALE

1311 8th Ave Neptune, NJ 07753

Estimated Value: $544,000 - $732,961

2 Beds
1 Bath
2,053 Sq Ft
$319/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $215,000 $105 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $4,454/month

8 Days on Market

Highlights

  • Attic
  • Storm Windows
  • Fenced
  • 1 Car Detached Garage
  • Cooling Available
  • Level Lot

About This Home

As of March 2016

This is a Fannie Mae HomePath property. Calling all builders, investors and families looking to reduce some of their costs with the added rental income that the rear 2 units can bring in. Rents from 2 units in back will bring in $2000.00 per month. Front house has some updates and is a very nice home. Great location in the Bradley Park section of Neptune and close to all shopping and major transportation.

Last Agent to Sell the Property

Richard Shirvanian

EXIT Realty East Coast Shirvanian License #9331863 Listed on: 12/02/2015

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Shonda Neal

Results Real Estate, L.L.C

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,140

Year Built

  • Built in 1932

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Attic

  • Walkup Attic

Basement

  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 35-00407-0000-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,140

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: See Remarks, Other
  • Reso Interior Features: Attic, Attic - Walk Up
  • Year Built: 1932
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x150
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Storm Window: Yes
  • Interior Attic: Yes
  • Exterior Storm Door(s): Yes
  • Interior Attic - Walk Up: Yes
  • Siding Clapboard: Yes
  • General Property Info # Parking Spaces: 1.0
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 3 Water Meter: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Clapboard
  • Exterior Features: Storm Door(s), Storm Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Common, Off Street, Detached
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00407-0000-00019
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: See Remarks, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7140.0
  • Tax Other Annual Assessment Amount: 320600.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 24, 2016
Sold by
Fannie Mae
Bought by
Macey Kharis
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
Shonda Neal
Results Real Estate, L.L.C
Sold Price
$215,000
Current Estimated Value
$655,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,490
Avg. Annual Appreciation
12.07%

Purchase Details

Closed on
May 19, 2008
Sold by
Tucker Lenton
Bought by
Tucker Lenton and Tucker Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2002
Sold by
Keebler Gregory
Bought by
Tucker Lenton and Tucker Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Macey Kharis $215,000 None Available
Tucker Lenton -- First American Title Ins Co
Tucker Lenton $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker Lenton $380,000
Previous Owner Tucker Lenton $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $215,000 -- $105 / 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 $11,749 $736,000 $264,200 $471,800
2024 $10,838 $671,000 $251,200 $419,800
2023 $10,838 $600,100 $190,100 $410,000
2022 $8,965 $551,400 $154,300 $397,100
2021 $8,965 $424,300 $119,000 $305,300
2020 $8,444 $398,700 $109,400 $289,300
2019 $8,168 $380,800 $109,400 $271,400
2018 $8,096 $373,100 $103,800 $269,300
2017 $8,103 $358,700 $109,300 $249,400
2016 $7,724 $341,000 $119,300 $221,700
2015 $7,140 $320,600 $104,300 $216,300
2014 $7,458 $275,300 $59,300 $216,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21544734

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00407-0000-00019