NOT LISTED FOR SALE

1318 Monroe Ave Neptune, NJ 07753

Estimated Value: $358,000 - $447,000

3 Beds
2 Baths
1,547 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 24, 2015

Last sale price $165,000 $107 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,693/month

68 Days on Market

About This Home

As of December 2015

Brand new roof. Separate utilities. Just waiting for new owner

Last Agent to Sell the Property

JoAnn Yagoda

Jersey Shore Real Estate Group Associates LLC License #7874129 Listed on: 09/30/2015

Last Buyer's Agent

Eugenia Torres

Coldwell Banker Realty License #8933474

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 1920

Lot Details

  • 3,006

Home Design

  • Duplex

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Neptune Middle School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 30 x 100

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenant's personal property
  • Tenant pays for heat, gas, electricity
  • The owner pays for yard maintenance, snow removal, sewer
  • Assessor Parcel Number 35-00709-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,454

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 100
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Heating Oil Above Ground: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Other, Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: tenant's personal property

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Above Ground, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 100
  • Parcel #: 35-00709-0000-00001

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Snow Removal, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3454.0
  • Tax Other Annual Assessment Amount: 149400.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Dec 22, 2015
Sold by
Hesbacher Lark Adrienne
Bought by
Velardi Thomas F and Velardi Christine
Seller's Agent
JoAnn Yagoda
Jersey Shore Real Estate Group Associates LLC
Buyer's Agent
Eugenia Torres
Coldwell Banker Realty
Sold Price
$165,000
Current Estimated Value
$413,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,136
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Apr 9, 1997
Sold by
Green Eli
Bought by
Hesbacher Lark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.76%
Mortgage Type
Commercial
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
Velardi Thomas F $165,000 Title Insurance Commitment
Hesbacher Lark $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hesbacher Lark $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2015 12/24/15 Sold $165,000 -- $107 / 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 $6,020 $336,000 $168,400 $167,600
2024 $5,362 $343,800 $155,000 $188,800
2023 $5,362 $296,900 $112,500 $184,400
2022 $4,034 $246,100 $68,000 $178,100
2021 $3,511 $190,900 $54,000 $136,900
2020 $3,654 $172,500 $42,700 $129,800
2019 $3,511 $163,700 $42,000 $121,700
2018 $3,533 $162,800 $42,000 $120,800
2017 $3,477 $153,900 $42,000 $111,900
2016 $3,445 $152,100 $42,000 $110,100
2015 $3,327 $149,400 $42,000 $107,400
2014 $3,454 $127,500 $34,000 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21537787

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00709-0000-00001