1420 Transit Ave Jackson, NJ 08527
5
Beds
1.5
Baths
2,132
Sq Ft
1.11
Acres
Highlights
- Garage Apartment
- Wooded Lot
- Attic
- Colonial Architecture
- Main Floor Primary Bedroom
- Corner Lot
About This Home
As of May 2024The Price is Right. The Time is Right. Investor Days are Here Again! Ideal opportunity to purchase either cash or with a FHA 203K Rehab Loan. The After Repair Value is at least $300,000 Plus! Here's your Chance to make an Outstanding Profit, or Renovate an Existing Home to Your Specifications. The Possibilities are Endless! Currently 2,132 Square Feet of Living Space situated on a Country Setting on 1.11 Acre, not too far from Transportation, Shopping, and Schools, there is a Detached 2-Car Garage with Overhead Storage as well. Elevation Survey Available. Absolutely The Best Buy In Town Within Reach!
Last Agent to Sell the Property
NextHome Zenith License #8637611 Listed on: 11/23/2018
Last Buyer's Agent
Audrey Callahan
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,097
Year Built
- Built in 1950
Lot Details
- 1.11 Acre Lot
- Lot Dimensions are 248x261
- Corner Lot
- Irregular Lot
- Wooded Lot
- Backs to Trees or Woods
Parking
- 2 Car Detached Garage
- Garage Apartment
- Driveway
- On-Street Parking
Home Design
- Colonial Architecture
- Dutch Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,132 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Living Room
- Dining Room
- Unfinished Basement
- Partial Basement
- Eat-In Kitchen
- Laundry Room
- Attic
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Patio
Schools
- Switlik Elementary School
- Carl W. Goetz Middle School
- Jackson Memorial High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Well
- Propane Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 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%
Views
134
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,752
Avg. Annual Appreciation
3.68%
Original Mortgage
$402,500
Outstanding Balance
$398,316
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$202,147
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $575,000 | Berkshire Title | |
| Deed | $375,000 | Counsellors Title | |
| Deed | $135,000 | Madison Title Agency Llc | |
| Deed | -- | -- | |
| Deed | $85,000 | Westcor Land Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,500 | New Conventional | |
| Previous Owner | $356,250 | New Conventional | |
| Previous Owner | $80,000 | Balloon |
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
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
-
Seller's Agent in 2024
Mike Koen
Mike Koen Realty
(732) 910-0440
1 in this area
36 Total Sales
-
N
Buyer's Agent in 2024
NON MEMBER MORR
NON MEMBER
-
Seller's Agent in 2021
Amy Hommel
Crossroads Realty Ocean Cty Regional Office
(732) 552-7395
2 in this area
56 Total Sales
-
M
Buyer's Agent in 2021
Monique DeMers
Diane Turton, Realtors-Point Pleasant Boro
-
Seller's Agent in 2019
Audrey Callahan
NextHome Zenith
(732) 580-1546
14 in this area
53 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21845033
APN: 12-23102-0000-00004-01
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