NOT LISTED FOR SALE

Estimated Value: $873,000 - $1,021,000

6 Beds
4 Baths
2,792 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $665,000 $238 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,164/month

20 Days on Market

Highlights

  • Waterfront
  • Multiple cooling system units
  • 5-minute walk to Old Wharf Park
  • Wolf Hill Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of August 2021

Fantastic opportunity to own a 4 Family home in Oceanport. 2/2 bedroom units 2/1 bedroom units. Great investment property fully occupied. Beautiful water-view location in Oceanport. Nearby beaches and shopping!!

Last Listed By

Thomas Tvrdik

RE/MAX Gateway License #1649035 Listed on: 05/04/2021

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,679

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 74 x 200
  • Waterfront

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 38-00110-0000-00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,679

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Year Built: 1910
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 74 x 200
  • Location Middle School: Maple Place
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: Yes
  • Exclusions: personal belongings
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 74 x 200
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 38-00110-0000-00022
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7679.0
  • Tax Other Annual Assessment Amount: 420100.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 24, 2021
Sold by
Jakubecy Courtney A
Bought by
Ironstone Capital Llc
Seller's Agent
Thomas Tvrdik
RE/MAX Gateway
Buyer's Agent
Henry Eisenstein
Striker Realty
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Total Days on Market
20
Current Estimated Value
$931,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,420
Avg. Annual Appreciation
9.87%
Original Mortgage
$656,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2018
Sold by
Mangan Michael W
Bought by
Jakubecy Courtney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,149
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Stewart Patricia
Bought by
Mangan Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 1995
Sold by
Piparo Chae Suk
Bought by
Lenzen Leonard and Lenzen Charlote

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.8%
Mortgage Type
Commercial

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
Ironstone Capital Llc $655,000 Nextgen Abstract Llc
Jakubecy Courtney A $415,000 Trident Abstract Title Agenc
Mangan Michael W $356,000 None Available
Lenzen Leonard $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ironstone Capital Llc $723,750
Closed Ironstone Capital Llc $656,000
Previous Owner Kakubecy Courtney A $410,500
Previous Owner Jakubecy Courtney A $401,149
Previous Owner Mangan Michael W $322,000
Previous Owner Mangan Michael W $267,000
Previous Owner Stewart Patricia $338,000
Previous Owner Lenzen Leonard $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $665,000 -4.9% $238 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $699,000 -- $250 / 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 $11,994 $776,900 $374,800 $402,100
2023 $11,994 $720,800 $338,800 $382,000
2022 $8,393 $648,100 $311,800 $336,300
2021 $8,393 $440,600 $298,300 $142,300
2020 $7,679 $420,100 $280,300 $139,800
2019 $7,912 $439,300 $271,300 $168,000
2018 $9,161 $512,100 $271,300 $240,800
2017 $8,850 $410,300 $192,200 $218,100
2016 $8,726 $407,200 $193,200 $214,000
2015 $8,225 $396,600 $188,200 $208,400
2014 $8,654 $423,200 $238,200 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22113688

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 38-00110-0000-00022