NOT LISTED FOR SALE

1420 Transit Ave Jackson, NJ 08527

Estimated Value: $561,000 - $635,155

3 Beds
2.5 Baths
-- Sq Ft
1.11 Acres

Last Sold May 23, 2024

Last sale price $575,000

Est. 6% increase in value since last sale

Current estimated payment $4,073/month

176 Days on Market

Highlights

  • Garage Apartment
  • No HOA
  • Patio
  • Dutch Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

REDUCED!!!! Check out this incredible 1.1 acre completely renovated 3 bed 2.5 bath home. This home has been reconfigured with new beams, trim, flooring columns, recessed LED lighting, and numerous custom touches. Amazing open floor plan which includes family room, dining room and kitchen. Newer stainless appliances, granite and countertops. Laundry room and powder room is located on first floor along with your master bedroom/ master bathroom. Upstairs you will find two bedrooms and a full bath. There is also a dry basement for additional storage. There is 1 two car garage with a large loft above it and 2 separate one garages for plenty of storage. Bring your classic cars to their new home with plenty of valuable garage space. Don't let this excellent opportunity pass you by.

Last Agent to Sell the Property

Mike Koen

Mike Koen Realty License #0562978 Listed on: 09/09/2023

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,849

Year Built

  • Built in 1950

Lot Details

  • 1.11

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Parking Storage or Cabinetry

Home Design

  • Dutch Colonial Architecture
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Dirt Floor
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Additional Features

  • 2-Story Property
  • Patio
  • 1.11 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12-23102-0000-00004-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,849

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial, Detached
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • ExteriorPatio: Yes
  • General Property Info Acreage: 1.11
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Garage Storage Above: Yes
  • Water Heater Propane Gas: Yes
  • Style Dutch Colonial: Yes
  • Garage Apt Above Garage: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial, Dirt Floor
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.11
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Storage
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 48351.6
  • Parcel #: 12-23102-0000-00004-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Apr 29, 2024
Sold by
Wells Walter R and Wells Kelly L
Bought by
Lampmann Scott William and Lampmann Diane Michele
Seller's Agent
Mike Koen
Mike Koen Realty
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$699,900
Sold Price
$575,000
Premium/Discount to List
-$124,900
-17.85%
Total Days on Market
176
Views
134
Current Estimated Value
$609,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,039
Avg. Annual Appreciation
5.69%
Original Mortgage
$402,500
Outstanding Balance
$398,316
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$210,723

Purchase Details

Listed on
Dec 23, 2020
Closed on
Mar 22, 2021
Sold by
1420 Transit Ave Llc
Bought by
Wells Walter R and Wells Kelly L
Seller's Agent
Amy Hommel
Crossroads Realty Ocean Cty Regional Office
Buyer's Agent
Monique DeMers
Diane Turton, Realtors-Point Pleasant Boro
List Price
$389,999
Sold Price
$372,000
Premium/Discount to List
-$17,999
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$356,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 26, 2018
Sold by
Smith Chad J
Bought by
1420 Transit Ave Llc
Seller's Agent
Audrey Callahan
NextHome Zenith
Buyer's Agent
Audrey Callahan
NextHome Zenith
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.19%

Purchase Details

Closed on
Oct 6, 2017
Sold by
Ocean County Tax Collector
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 11, 2015
Sold by
Pizzola Salvatore and Pizzola Rosalie
Bought by
Smith Chad J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.07%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Lampmann Scott William $575,000 Berkshire Title
Wells Walter R $375,000 Counsellors Title
1420 Transit Ave Llc $135,000 Madison Title Agency Llc
Us Bank Na -- --
Smith Chad J $85,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampmann Scott William $402,500
Previous Owner Wells Walter R $356,250
Previous Owner Smith Chad J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $575,000 0.0% --
03/04/2024 03/04/24 Pending -- -- --
02/24/2024 02/24/24 Price Changed $574,900 -4.2% --
11/03/2023 11/03/23 Price Changed $599,900 -7.6% --
09/29/2023 09/29/23 Price Changed $649,000 -7.3% --
09/09/2023 09/09/23 For Sale $699,900 +88.1% --
03/24/2021 03/24/21 Sold $372,000 -4.6% --
01/29/2021 01/29/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $389,999 0.0% --
12/09/2020 12/09/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $389,999 0.0% --
09/30/2020 09/30/20 Pending -- -- --
08/25/2020 08/25/20 Price Changed $389,999 -4.9% --
07/31/2020 07/31/20 For Sale $410,000 +203.7% --
01/09/2019 01/09/19 Sold $135,000 -- $63 / 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 $7,849 $304,000 $78,400 $225,600
2023 $7,682 $304,000 $78,400 $225,600
2022 $7,682 $304,000 $78,400 $225,600
2021 $7,603 $90,800 $78,400 $12,400
2020 $2,241 $90,800 $78,400 $12,400
2019 $2,210 $90,800 $78,400 $12,400
2018 $2,157 $90,800 $78,400 $12,400
2017 $2,097 $90,800 $78,400 $12,400
2016 $2,058 $90,800 $78,400 $12,400
2015 $2,093 $93,900 $81,500 $12,400
2014 $2,038 $93,900 $81,500 $12,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22324547

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-23102-0000-00004-01