NOT LISTED FOR SALE

136 Mount Hermon Way Ocean Grove, NJ 07756

Estimated Value: $877,541 - $1,088,000

4 Beds
2 Baths
2,066 Sq Ft
$461/Sq Ft Est. Value

Last Sold April 22, 2023

Last sale price $680,000 $329 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,948/month

12 Days on Market

Highlights

  • Cooling Available
  • 5-minute walk to Asbury Park
  • 4-minute walk to Greenleaf Park
  • Baseboard Heating

About This Home

As of April 2023

Calling all investors Great opportunity to add this two family with detached bungalow to your portfolio Spacious first floor unit has two bedrooms and one bath, enclosed porch for added living space, living room, dining room, and kitchen. Walk up second floor unit has hardwood floors throughout and has been recently updated Freshly painted this unit boasts two bedrooms ,renovated full bath, living room and kitchen Detached studio bungalow is totally adorable with one open area with vaulted ceiling , kitchen and full bath. Recent updates include 2023 replaced front porch roof, 2021 chimney rebuilt, 2018 rear stairs replaced, 2017 apt 2 renovated (replaced all electrical, new main panel, hardwired smoke and carbon detectors, replaced all plumbing i Bath and kitchen, 2019 replaced main water line 3/4 copper, 2012 painted building and replaced windows, 2008 replaced two boilers, 2002 replaced roof (complete rip and new sheathing) Two units are occupied Also could be a fantastic single family for the buyer that wants to renovate and create the home of their dreams. Close to the Asbury Park, Public transportation, Beaches and quaint town of Ocean Grove Sale is AS-IS

Last Agent to Sell the Property

Michelle Green

Jack Green Realty License #1110702 Listed on: 03/15/2023

Jack Green Realty

Co-Listed By

Jack Green

Jack Green Realty License #0902169

Last Buyer's Agent

Michele DeRose

RE/MAX Gateway License #1969530

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,651

Year Built

  • Built in 1890

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Stove

Schools

  • Neptune Middle School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00158-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,651

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Co List Office Mls Id: 2582
  • Co List Office Phone: 732-776-6400
  • 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
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Electric Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00158-0000-00002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9651.0
  • Tax Other Annual Assessment Amount: 513100.0

Multi Family

  • Number Of Units Total: 3

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
$951,885

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
$9,114
Interest Rate
7.79%
Mortgage Type
Commercial
Estimated Equity
$942,771
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
04/22/2023 04/22/23 Sold $680,000 +4.8% $329 / Sq Ft
04/22/2023 04/22/23 For Sale $649,000 0.0% $314 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $649,000 -- $314 / 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 $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

  • Michelle Green

    Seller's Agent in 2023

    Michelle Green

    Jack Green Realty

    (908) 433-3074

    55 in this area

    86 Total Sales

    Michelle Green
    Section Image
  • Jack Green

    Seller Co-Listing Agent in 2023

    Jack Green

    Jack Green Realty

    (732) 832-9685

    52 in this area

    77 Total Sales

    Jack Green
    Section Image
  • Michele DeRose

    Buyer's Agent in 2023

    Michele DeRose

    RE/MAX

    (732) 361-0770

    14 in this area

    22 Total Sales

    Michele DeRose
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22306919

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00158-0000-00002

New Jersey Monmouth County Ocean Grove 07756

136 Mount Hermon Way, Ocean Grove, NJ

This home is located at 136 Mount Hermon Way, Ocean Grove, NJ 07756 since 15 March 2023 and is currently estimated at $951,885, approximately $460 per square foot. This property was built in 1890. 136 Mount Hermon Way 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