NOT LISTED FOR SALE

1325 9th Ave Neptune, NJ 07753

Estimated Value: $451,000 - $628,000

4 Beds
2 Baths
1,434 Sq Ft
$376/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $445,000 $310 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,519/month

23 Days on Market

Highlights

  • Multiple cooling system units
  • 2 Car Garage
  • 1-Story Property

About This Home

As of June 2023

Buy Bradley Park while it is still affordable! Offering a Cute and Cozy 3 bedroom bungalow bursting with potential. Includes a 2 bedroom apartment above garage. Closed in porch can be added to living space with open concept capabilities. Currently occupied with below market rents. Long term tenants. Garage unit can be expanded by making garages living space. Airbnb cashflow possibilities. Opportunity awaits YOU. Close proximity to beaches, schools, shopping and transportation centers. Buyer to obtain TOT

Last Agent to Sell the Property

Shonda Neal

EXIT Realty East Coast Shirvanian License #0017715 Listed on: 04/11/2023

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Deborah Pereira

Real Broker, LLC License #2293062

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 1935

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 37 x 120

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Midtown Community Elementary School
  • Neptune Middle School
  • Neptune Twp High School

Utilities

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

Listing and Financial Details

  • Exclusions: Tenants belongings
  • Tenant pays for heat, gas, electricity
  • Assessor Parcel Number 35-00402-0000-00026

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,103
  • Water Sewer Expense $2,724
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,680

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1935
  • 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: 37 x 120
  • 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 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 2103.0
  • Income Expenses WaterSewer Expense: 2724.0
  • Income Expenses Gross Income2: 30000.0
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Exclusions: Tenants belongings

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 2724.0

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 37 x 120
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00402-0000-00026
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6680.0
  • Tax Other Annual Assessment Amount: 349000.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Insurance Expense: 2103.0

MLS Schools

  • Elementary School: Midtown Community
  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 31, 2023
Sold by
Adventure Associates Llc
Bought by
Santos Pedro Francisco Co
Seller's Agent
Shonda Neal
EXIT Realty East Coast Shirvanian
Buyer's Agent
Deborah Pereira
Real Broker, LLC
List Price
$440,000
Sold Price
$445,000
Premium/Discount to List
$5,000
1.14%
Views
47
Current Estimated Value
$538,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,638
Avg. Annual Appreciation
8.66%
Original Mortgage
$441,849
Outstanding Balance
$430,120
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$108,518

Purchase Details

Closed on
Oct 4, 2013
Sold by
Becker Douglas E and Becker Grace
Bought by
Adventure Associates Llc

Purchase Details

Closed on
Jun 24, 2011
Sold by
Haymon Annette and Weber Richard J
Bought by
Becker Douglas E and Becker Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Santos Pedro Francisco Co $450,000 Scott Title Services
Santos Pedro Francisco Co $450,000 Scott Title Services
Adventure Associates Llc -- First American Title Ins
Becker Douglas E $150,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Pedro Francisco Co $441,849
Closed Santos Pedro Francisco Co $441,849
Previous Owner Becker Douglas E $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $445,000 +1.1% $310 / Sq Ft
04/11/2023 04/11/23 For Sale $440,000 0.0% $307 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $440,000 -90.0% $307 / Sq Ft
03/13/2023 03/13/23 For Sale $4,400,000 -- $3,068 / 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 $7,950 $515,200 $254,300 $260,900
2024 $7,063 $454,000 $241,300 $212,700
2023 $7,063 $391,100 $183,500 $207,600
2022 $5,650 $349,000 $148,800 $200,200
2021 $5,712 $267,400 $113,500 $153,900
2020 $5,293 $249,900 $103,900 $146,000
2019 $5,712 $266,300 $103,900 $162,400
2018 $5,633 $259,600 $98,300 $161,300
2017 $5,718 $253,100 $103,800 $149,300
2016 $5,907 $260,800 $113,800 $147,000
2015 $5,394 $242,200 $98,800 $143,400
2014 $3,933 $145,200 $53,800 $91,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22306764

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00402-0000-00026