NOT LISTED FOR SALE

132 Mount Hermon Way Unit 2 Family Ocean Grove, NJ 07756

Estimated Value: $836,000 - $1,012,000

4 Beds
2 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold July 25, 2017

Last sale price $460,000

Est. 99% increase in value since last sale

Current estimated payment $5,886/month

116 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 4-minute walk to Greenleaf Park
  • Air Conditioning
  • Heating System Uses Natural Gas

About This Home

As of July 2017

Ocean Grove 2 Family up and down style. Upstairs 2 BR with lots of light. Downstairs 2 BR open lr & kitchen. One tenant Month to month the other has lease. Rear shed has washer dryer for tenant use, but could be reconfigured into first fl space with a creative mind and clever contractor.

Last Agent to Sell the Property

Mary Winkler

Jack Green Realty License #0335790 Listed on: 03/20/2017

Jack Green Realty

Last Buyer's Agent

Valerie Green

Jack Green Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,367

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 60
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: All tenants belongings.
  • Tenant pays for yard maintenance, snow removal, gas, electricity
  • The owner pays for hot water, water, sewer, heat, gas
  • Assessor Parcel Number 35-00158-0000-00004

Community Details

Overview

  • 2 Units
  • Ocean Grove Subdivision

Building Details

  • Electric Expense $960
  • Fuel Expense $2,040
  • Insurance Expense $1,600
  • Water Sewer Expense $1,060
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,367

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Reso Interior Features: Attic - Other
  • New Construction: No
  • Year Built: 1890
  • 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 60
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Siding Clapboard: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Income Expenses Electric Expense: 960.0
  • Income Expenses Insurance Expense: 1600.0
  • Income Expenses WaterSewer Expense: 1060.0
  • Income Expenses Gross Income2: 32400.0
  • Unit 1 Gas Stove: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 2040.0
  • Special Features: None

Interior Features

  • Basement: Partial, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: All tenants belongings.
  • Construction Type: Clapboard

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 1060.0

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00158-0000-00004
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8367.0
  • Tax Other Annual Assessment Amount: 375200.0

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 960.0
  • Annual Gross Income: 32400.0
  • Insurance Expense: 1600.0

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2004
Sold by
Allen Charles
Bought by
Chesler Caren
Current Estimated Value
$914,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
5.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Chesler Caren $351,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myrczek Erin Mccool $596,250
Closed Quinn Jamie $250,000
Closed Chesler Caren $317,627
Closed Chesler Caren $335,000
Closed Chesler Caren L $50,000
Closed Allied Land Development Llc $1,300,000
Closed Chesler Caren $280,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $460,000 -- --
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 $12,648 $751,400 $387,000 $364,400
2024 $10,548 $735,800 $378,100 $357,700
2023 $10,548 $594,600 $413,400 $181,200
2022 $9,899 $538,300 $365,800 $172,500
2021 $9,694 $476,600 $344,000 $132,600
2020 $9,343 $448,100 $322,400 $125,700
2019 $9,694 $458,800 $340,900 $117,900
2018 $9,776 $457,900 $340,900 $117,000
2017 $8,917 $400,600 $292,300 $108,300
2016 $8,367 $375,200 $268,600 $106,600
2015 $7,148 $326,400 $222,400 $104,000
2014 $7,414 $278,200 $147,400 $130,800
Source: Public Records

Agents Affiliated with this Home

  • Mary Winkler

    Seller's Agent in 2017

    Mary Winkler

    Jack Green Realty

    (732) 776-6400

    13 in this area

    17 Total Sales

    Mary Winkler
    Section Image

  • V

    Buyer's Agent in 2017

    Valerie Green

    Jack Green Realty LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21710486

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00158-0000-00004

New Jersey Monmouth County Ocean Grove 07756

132 Mount Hermon Way Unit 2 Family, Ocean Grove, NJ

This home is located at 132 Mount Hermon Way Unit 2 Family, Ocean Grove, NJ 07756 since 20 March 2017 and is currently estimated at $914,967. This property was built in 1890. 132 Mount Hermon Way Unit 2 Family is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

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.

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