NOT LISTED FOR SALE

132 Mount Hermon Way Ocean Grove, NJ 07756

Estimated Value: $654,000 - $980,000

4 Beds
3 Baths
1,800 Sq Ft
$475/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $801,000 $445 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,720/month

7 Days on Market

About This Home

As of October 2023

Well cared for Legal two family. Both apartments have 2 bedrooms , separate laundry ,storage ,beautiful kitchens , baths & outdoor space. Upstairs tenant is moving in September and first floor apartment is empty . So many options, you can live in one unit while collection rent in the other. Or rent out the entire home or convert into an adorable single family .

Last Agent to Sell the Property

Valerie Green

Jack Green Realty License #1221435 Listed on: 08/25/2023

Jack Green Realty

Last Buyer's Agent

Marisa Austin

Jack Green Realty License #2183436

Jack Green Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,549

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 30 x 60

Home Design

  • Duplex

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Neptune Middle School

Utilities

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

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3500158000000004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,549

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Year Built: 1890
  • General Property Info Waterview: 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
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Parcel #: 3500158000000004

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10549.0

Multi Family

  • Number Of Units Total: 2

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
$888,479

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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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
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
10/04/2023 10/04/23 Sold $801,000 +6.9% $445 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $749,000 -- $416 / 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 $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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22323725

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00158-0000-00004