$516,000
SOLD AUG 27, 2024

138 Summit Ave Neptune, NJ 07753

5 Beds
4.5 Baths
3,352 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

9% Below List Price

32 Days on Market

Highlights

  • Colonial Architecture
  • Patio
  • Central Heating and Cooling System
  • No HOA
  • Shed

About This Home

As of August 2024

ATTENTION! This 1927 built single-family residence sits on an approximately 10000 sqft lot with approximately 3352 sqft of living space. It includes a basement, enclosed porch, patio, shed, and yard. It will need repairs but has so much potential. Make it your own. Jump on this great deal before its gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding. No inspection contingencies in contract. Absolutely no repairs before closing. This property is sold As-Is. This is a REO auction property. Visual Inspection is available.

Last Agent to Sell the Property

Garth Nathan Page

REALHome Services and Solutions, Inc. License #RB0031254 Listed on: 06/06/2024

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,312

Year Built

  • Built in 1927

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Property is zoned R1 RESIDENTIAL DETACHED, FLOOD ZONE X

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,352 Sq Ft Home
  • Property has 2 Levels
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Neptune City Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 36-00083-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,312

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Remarks Public: ATTENTION! This 1927 built single-family residence sits on an approximately 10000 sqft lot with approximately 3352 sqft of living space. It includes a basement, enclosed porch, patio, shed, and yard. It will need repairs but has so much potential. Make it your own. Jump on this great deal before its gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding. No inspection contingencies in contract. Absolutely no repairs before closing. This property is sold As-Is. This is a REO auction property. Visual Inspection is available.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 3352
  • Living Area Sq Ft: 3352
  • Price Per Sq Ft: 160.80
  • Above Grade Finished Sq Ft: 3352
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 138

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: NEPTUNE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397511
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: R1 RESIDENTIAL DETACHED
  • Zoning Description: FLOOD ZONE X

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 15312.00
  • Assessor Parcel Number: 36-00083-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 3372
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/27/2024

MLS Schools

  • School District Name: NEPTUNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 13, 2024
Sold by
Ace Securities Corp and Home Equity Loan Trust
Bought by
138 Summit Ave Llc
Seller's Agent
Garth Nathan Page
REALHome Services and Solutions, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$569,000
Sold Price
$516,000
Premium/Discount to List
-$53,000
-9.31%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.59%

Purchase Details

Closed on
Dec 8, 2023
Sold by
The Sheriff and The County
Bought by
Ace Sec Corp Hm Eqity Ln Tr and David Sims Of Ecological Systems

Purchase Details

Closed on
Apr 14, 2004
Sold by
Maffia James
Bought by
Foy William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
5.36%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Caropan Richard
Bought by
Maffia James

Purchase Details

Closed on
Apr 28, 1995
Sold by
Zampetti Nicholas
Bought by
Caron Richard and Jolain Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
8.36%

Purchase Details

Closed on
Dec 2, 1994
Sold by
Prudential Home Mtg
Bought by
Zampetti Nicholas
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $516,000 Premium Title Services
Sheriffs Deed $1,000 None Listed On Document
Deed $222,000 --
Deed $175,000 --
Deed $107,900 --
Deed $55,620 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $188,700 No Value Available
Previous Owner $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $999,000 +93.6% $296 / Sq Ft
08/27/2024 08/27/24 Sold $516,000 -4.3% $154 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $539,000 -5.3% $161 / Sq Ft
06/06/2024 06/06/24 For Sale $569,000 -- $170 / Sq Ft
Source: Bright MLS

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 $14,479 $814,900 $241,900 $573,000
2023 $14,479 $751,000 $203,900 $547,100
2022 $13,636 $688,300 $169,500 $518,800
2021 $13,636 $623,200 $144,200 $479,000
2020 $13,393 $584,600 $131,200 $453,400
2019 $13,494 $570,100 $134,600 $435,500
2018 $13,319 $539,000 $129,100 $409,900
2017 $12,944 $521,100 $124,000 $397,100
2016 $12,731 $511,300 $127,000 $384,300
2015 $12,647 $499,100 $120,000 $379,100
2014 $11,060 $383,100 $115,000 $268,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMM2002580

Bright MLS

APN: 36-00083-0000-00010