$915,000 - $1,068,000
RENTED FEB 3, 2025

136 Mount Hermon Way Unit 2 Ocean Grove, NJ 07756

1 Bed
1 Bath
-- Sq Ft
1,786 Sq Ft Lot

Highlights

  • Wood Flooring
  • 5-minute walk to Asbury Park
  • Dogs Allowed
  • Multiple cooling system units
  • Ceiling Fan
  • 4-minute walk to Greenleaf Park

About This Home

As of February 2025

ANNUAL RENTAL - Put your own personal touches on this second floor one-bedroom with bonus space in the popular North side of Ocean Grove. Use as your own pied-d-terre to enjoy the Jersey Shore or settle in as a full time resident. Just a few blocks to the footbridge to Asbury Park dining and entertainment, close to train and buses to NYC and blocks to downtown Ocean Grove as well as the beach. Enter into your kitchen w/full size appliances which leads to a full bath plus spacious front living room which could hold a small dining area as well. One primary bedroom with an additional small bonus room which could be a great home office or large walk in closet/storage. Hardwood floors Owner lives on first floor full-time. $1900 per month plus tenant pays gas, electric and wifi. No laundry on property. No smoking/vaping. One (1) quiet, housebroken dog considered on case-by-case basis. Application plus solid income and credit over 700.

Last Agent to Rent the Property

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 12/25/2024

RE/MAX Gateway

Last Renter's Agent

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 12/25/2024

RE/MAX Gateway

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,806

Year Built

  • 1890

Lot Details

  • 1,786

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Location

  • Upper Level

Schools

  • Neptune Middle School

Utilities

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

Listing and Financial Details

  • Security Deposit $2,850
  • Assessor Parcel Number 35-00158-0000-00002

Community Details

Overview

  • 2 Units
  • Ocean Grove Subdivision

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,806

Year Built

1890

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Inclusions: Stove, Ceiling Fan(s), Microwave, Refrigerator
  • Subdivision Name: Ocean Grove
  • Architectural Style: Upper Level
  • Reso Flooring: Wood
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Maintenance Fees Security Deposit3: 2850.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Allowable Dogs2: Yes
  • Special Features: None
  • Year Built (Public Record): 1890

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

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: Other
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00158-0000-00002

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 1997
Sold by
Loysen Leslie
Bought by
Thompson Joseph
Current Estimated Value
$978,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Outstanding Balance
$9,498
Interest Rate
7.79%
Mortgage Type
Commercial
Estimated Equity
$959,191
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
Thompson Joseph $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Joseph $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Rented $24,050 +1165.8% --
01/07/2025 01/07/25 Price Changed $1,900 -2.6% --
12/25/2024 12/25/24 For Rent $1,950 -- --
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 $10,806 $642,200 $387,000 $255,200
2024 $10,440 $628,600 $378,100 $250,500
2023 $10,440 $588,500 $413,400 $175,100
2022 $9,496 $513,100 $365,800 $147,300
2021 $9,331 $457,200 $344,000 $113,200
2020 $8,959 $429,700 $322,400 $107,300
2019 $9,331 $441,600 $340,900 $100,700
2018 $8,493 $397,800 $296,500 $101,300
2017 $8,739 $392,600 $292,300 $100,300
2016 $9,571 $392,600 $268,600 $124,000
2015 $8,302 $379,100 $222,400 $156,700
2014 $8,011 $300,600 $147,400 $153,200
Source: Public Records

Agents Affiliated with this Home

  • Michele DeRose

    Landlord's Agent in 2025

    Michele DeRose

    RE/MAX

    (732) 361-0770

    13 in this area

    21 Total Sales

    Michele DeRose
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435706

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00158-0000-00002

New Jersey Monmouth County Ocean Grove 07756

136 Mount Hermon Way Unit 2, Ocean Grove, NJ

This home is located at 136 Mount Hermon Way Unit 2, Ocean Grove, NJ 07756 since 25 December 2024 and is currently priced at $978,789. This property was built in 1890. 136 Mount Hermon Way Unit 2 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.

Nearby Homes