NOT LISTED FOR SALE

1401 9th Ave Unit 1 Neptune, NJ 07753

Estimated Value: $496,000 - $618,000

1 Bed
1.5 Baths
-- Sq Ft
3,920 Sq Ft Lot

About This Home

As of March 2020

Annual rental available for immediate occupancy. Conveniently located near Bradley Beach (1.2 miles away) - make sure to bring your beach chair! Residents can enjoy this location with close proximity to shops, grocery stores, and public transportation. This one bedroom apartment home features updated stainless steel appliances and new flooring throughout. Apartment home is located on the top floor. Some utilities are included... you only pay for Electric! Professionally managed. Application, Credit and Background check required

Last Agent to Rent the Property

Jerricka Davis

Weichert Realtors License #1222660 Listed on: 02/19/2020

Last Renter's Agent

Deshawn Young

Del Virginia Realtors License #1329450

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,954

Year Built

  • Built in 1931

Lot Details

  • 3,920

Parking

  • No Garage

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • Lower Level

Community Details

  • 3 Units

Listing and Financial Details

  • Security Deposit $2,175
  • Property Available on 2/21/20
  • Ask Agent About Lease Term
  • Assessor Parcel Number 35-00401-0000-00012

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,954

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Available Date: 2020-02-21

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Year Built: 1931
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2020-02-21
  • Maintenance Fees Security Deposit3: 2175.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Lease Terms Winter: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00401-0000-00012

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Gibbs Peter E
Bought by
1401 9Th Llc
Current Estimated Value
$571,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$442,900
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$128,116

Purchase Details

Closed on
Jul 21, 2020
Sold by
14099M Ave Pg Llc
Bought by
Gibbs Peter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Yym Partners Llc
Bought by
1401 9Th Ave Pg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2017
Sold by
1226 1401 Neptune Llc
Bought by
Yym Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2014
Sold by
Apple 25 Llc
Bought by
1226 1401 Neptune Llc

Purchase Details

Closed on
Feb 17, 2014
Sold by
Smith Delores
Bought by
Apple 25 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 1999
Sold by
Davis J Michael
Bought by
Smith Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,560
Interest Rate
6.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
1401 9Th Llc -- Metro Title
Gibbs Peter E -- Metro Title Agency
1401 9Th Ave Pg Llc $355,000 Liberty Abstract Inc
Yym Partners Llc $300,000 None Available
1226 1401 Neptune Llc $240,000 None Available
Apple 25 Llc $167,969 None Available
Smith Delores $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1401 9Th Llc $446,250
Closed 1401 9Th Llc $446,250
Previous Owner Gibbs Peter E $266,500
Previous Owner 1401 9Th Ave Pg Llc $256,000
Previous Owner Yym Partners Llc $255,000
Previous Owner Apple 25 Llc $130,000
Previous Owner Smith Delores $245,880
Previous Owner Smith Delores $245,880
Previous Owner Smith Delores $170,000
Previous Owner Smith Delores $20,000
Previous Owner Smith Delores $19,445
Previous Owner Smith Delores $79,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Rented $17,700 +1080.0% --
02/26/2020 02/26/20 Under Contract -- -- --
02/18/2020 02/18/20 For Rent $1,500 -- --
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 $8,954 $557,000 $217,300 $339,700
2023 $8,954 $495,800 $164,100 $331,700
2022 $7,446 $434,200 $133,200 $301,000
2021 $7,446 $352,400 $121,000 $231,400
2020 $7,714 $364,200 $119,000 $245,200
2019 $6,532 $304,500 $102,500 $202,000
2018 $5,464 $251,800 $98,900 $152,900
2017 $5,471 $242,200 $104,300 $137,900
2016 $5,518 $243,600 $104,300 $139,300
2015 $5,349 $240,200 $104,300 $135,900
2014 $4,906 $181,100 $52,800 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22006701

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00401-0000-00012