$585,000
SOLD JUL 19, 2021

140 Clark Ave Ocean Grove, NJ 07756

3 Beds
2.5 Baths
2,472 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

7% Above List Price

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
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

  • Neptune Middle School

Utilities

  • Zoned Heating
  • 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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 New Conventional
Closed $10,000 New Conventional
Closed $14,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22105191

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00273-0000-00004