NOT LISTED FOR SALE

132 Mount Hermon Way Ocean Grove, NJ 07756

Estimated Value: $867,000 - $964,000

4 Beds
3 Baths
1,800 Sq Ft
$506/Sq Ft Est. Value

Last Sold October 04, 2023

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

Est. 14% increase in value since last sale

Current estimated payment $5,925/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

1,786 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Year Built: 1890
  • Contract Info List PriceSqFt: 416.11
  • 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
$911,607

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
Outstanding Balance
$139,811
Interest Rate
5.85%
Mortgage Type
Commercial
Estimated Equity
$771,796
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Chesler Caren $280,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

  • Valerie Green

    Seller's Agent in 2023

    Valerie Green

    Jack Green Realty

    (732) 688-2012

    7 in this area

    14 Total Sales

    Valerie Green
    Section Image

  • M

    Buyer's Agent in 2023

    Marisa Austin

    Jack Green Realty

    (732) 403-7307

    6 in this area

    14 Total Sales

    Marisa Austin
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22323725

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00158-0000-00004

New Jersey Monmouth County Ocean Grove 07756

132 Mount Hermon Way, Ocean Grove, NJ

Not Listed for Sale

MultiFamily

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.