NOT LISTED FOR SALE

1312 7th Ave Neptune, NJ 07753

Estimated Value: $446,000 - $773,000

5 Beds
3 Baths
990 Sq Ft
$658/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $700,000 $707 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,465/month

About This Home

As of March 2023

Newly Renovated, Modern Beach House w/Bonus 2 BR Cottage at the Jersey Shore! Located just 8 1/2 blocks to the beach, 2.5 blocks to Bradley Beach Train Station & just as close to the best nightlife & restaurants the Shore has to offer! Front House feat. 3 BRs, 2 BAs, Hardwood Floors, Kitchen w/Quartz Countertops & Stainless Steel Appliances, Mud Room Area w/Storage, Vaulted Ceilings on 2nd Floor & much more! The Stunning Rear House is Perfect for Guests or Additional Income! Feat. 2 BRs, 1 BA, Open Floor Plan w/Hardwood Floors, Kitchen w/Quartz Countertops & Stainless Steel Appliances, Vaulted Ceilings & Laundry Area. Both units have BRAND NEW Plumbing, HVAC, Electrical, Roof, Windows, Siding, etc. The List can go on! Easy access to all major roadways. Don't miss this Jersey Shore gem!

Last Agent to Sell the Property

Kristin Palmisano

Caplan Realty Associates LLC License #0563210 Listed on: 02/06/2023

Last Buyer's Agent

Michael D'Amelio

Real Broker, LLC- Point P License #2187874

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,144

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Neptune Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 35-00416-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,144

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Other
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00416-0000-00006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10144.0
  • Tax Other Annual Assessment Amount: 530000.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 9, 2023
Sold by
Palmisano Thomas
Bought by
Cook Nancy A
Seller's Agent
Kristin Palmisano
Caplan Realty Associates LLC
Buyer's Agent
Michael D'Amelio
Real Broker, LLC- Point P
List Price
$689,000
Sold Price
$700,000
Premium/Discount to List
$11,000
1.6%
Views
9
Current Estimated Value
$651,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,265
Avg. Annual Appreciation
-2.85%
Original Mortgage
$525,000
Outstanding Balance
$508,994
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$142,741

Purchase Details

Closed on
Feb 28, 2022
Sold by
Thomas Pahnisano
Bought by
Palmisano Thomas

Purchase Details

Listed on
Sep 11, 2017
Closed on
Dec 21, 2017
Sold by
Daly Brenda L
Bought by
Palmisano Thomas
Seller's Agent
Nicole Chopp
Realty One Group Emerge
Buyer's Agent
Kristin Palmisano
The Mary Holder Agency
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.36%

Purchase Details

Closed on
Jun 10, 2013
Sold by
Birchenough William J and Birchenough Elinor R
Bought by
Coxson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bellucci Marc
Bought by
Daly Brenda
Source: Public Records

Range of Values:

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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
Cook Nancy A $700,000 Evident Title Agency
Palmisano Thomas -- Stewart Title
Palmisano Thomas $80,000 Stewart Title
Coxson Mark $310,000 Agent For Old Republic
Daly Brenda $42,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Nancy A $525,000
Previous Owner Birchenough William J $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $700,000 +1.6% $707 / Sq Ft
02/06/2023 02/06/23 For Sale $689,000 +761.3% $696 / Sq Ft
12/21/2017 12/21/17 Sold $80,000 -- $81 / 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 $11,296 $628,000 $264,200 $363,800
2024 $10,381 $645,100 $251,200 $393,900
2023 $10,381 $574,800 $190,100 $384,700
2022 $8,617 $530,000 $154,300 $375,700
2021 $8,617 $407,800 $119,000 $288,800
2020 $8,114 $383,100 $109,400 $273,700
2019 $7,302 $340,400 $109,400 $231,000
2018 $4,726 $217,800 $103,800 $114,000
2017 $4,852 $214,800 $109,300 $105,500
2016 $5,053 $223,100 $119,300 $103,800
2015 $4,579 $205,600 $104,300 $101,300
2014 $3,969 $146,500 $69,300 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22303249

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00416-0000-00006