NOT LISTED FOR SALE

140 Clark Ave Ocean Grove, NJ 07756

Estimated Value: $837,000 - $1,002,000

3 Beds
2.5 Baths
2,472 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $585,000 $237 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,996/month

40 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Zoned Heating
  • Corner Lot
  • Patio
  • Storm Doors

About This Home

As of July 2021

Corner location for this two family located on a double lot. Owner's apartment can be used as a two bedroom or large one bedroom with spacious living room. The kitchens and baths have been updated as well as the windows have been replaced. The second floor is a one bedroom apartment with separate electric and rents for $1,500 per month annual.

Last Agent to Sell the Property

Gary Huizenga

C21/ Coastal Realtors License #8130855 Listed on: 03/25/2021

Last Buyer's Agent

Sheila Bodner

Compass New Jersey , LLC License #8437692

Compass New Jersey , LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,225

Year Built

  • Built in 1912

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60 x 60
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

  • Neptune Middle School

Utilities

  • Zoned Heating
  • Radiator
  • Heating System Uses Oil Above Ground
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for hot water, water, sewer, heat, gas
  • Assessor Parcel Number 35-00273-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,225

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood
  • Year Built: 1912
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 60 x 60
  • Location Middle School: Neptune
  • Lot Description Corner Lot: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • Heating Oil Above Ground: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Gas Stove: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Patio, Storm Door(s), Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, Oil Above Ground, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 60 x 60
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00273-0000-00004
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Hot Water, Water, Sewer, Heat, Gas

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10225.0
  • Tax Other Annual Assessment Amount: 506700.0

Multi Family

  • Number Of Units Total: 2

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $585,000 +6.6% $237 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $549,000 0.0% $222 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $549,000 -- $222 / 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 $12,267 $848,300 $512,500 $335,800
2024 $11,258 $713,600 $351,600 $362,000
2023 $11,258 $634,600 $413,500 $221,100
2022 $10,456 $600,000 $389,500 $210,500
2021 $10,225 $503,400 $306,400 $197,000
2020 $10,565 $506,700 $320,000 $186,700
2019 $10,225 $483,900 $298,600 $185,300
2018 $10,299 $482,400 $298,600 $183,800
2017 $9,645 $433,300 $263,100 $170,200
2016 $9,205 $412,800 $245,300 $167,500
2015 $8,405 $383,800 $220,300 $163,500
2014 $12,160 $456,300 $184,800 $271,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gary Huizenga

    C21/ Coastal Realtors

    (732) 774-7166

    27 in this area

    40 Total Sales

    Gary Huizenga
    Section Image
  • Sheila Bodner

    Buyer's Agent in 2021

    Sheila Bodner

    Compass New Jersey , LLC

    (732) 245-0681

    1 in this area

    13 Total Sales

    Sheila Bodner
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22105191

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00273-0000-00004

New Jersey Monmouth County Ocean Grove 07756

140 Clark Ave, 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.

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