NOT LISTED FOR SALE

1501 Allen Ave Ocean, NJ 07712

Wanamassa Neighborhood
-- Bed
-- Bath
42,148 Sq Ft
2.05 Acres

About This Home

This home is located at 1501 Allen Ave, Ocean, NJ 07712. 1501 Allen Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, St. Mary of the Assumption School, and Our Lady of Mount Carmel School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Newco 1501 Llc
Bought by
Lipac Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,059,145
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2012
Sold by
First Choice Bank
Bought by
Lipac Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2011
Sold by
Mett Enterprises Llc
Bought by
First Choice Bank

Purchase Details

Closed on
Mar 8, 2001
Sold by
Betesh Michael
Bought by
Mett Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lipac Limited Liability Company $487,046 Madison Title Agency Llc
Newco 1501 Llc $487,046 Madison Title Agency Llc
Lipac Llc $710,000 Old Republic National Title
First Choice Bank $1,800,000 None Available
Mett Enterprises Inc $1,000,000 --
Betesh Michael $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipac Limited Liability Company $2,250,000
Previous Owner Lipac Llc $1,150,000
Previous Owner Lipac Llc $568,000
Previous Owner Mett Enterprises Llc $500,000
Previous Owner Mett Enterprises Llc $0
Previous Owner Betesh Michael $1,000,000
Source: Public Records

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 $16,856 $1,105,300 $886,200 $219,100
2023 $16,856 $1,082,600 $886,200 $196,400
2022 $25,678 $1,312,800 $886,200 $426,600
2021 $25,678 $1,282,000 $886,200 $395,800
2020 $26,276 $1,295,000 $886,200 $408,800
2019 $26,365 $1,270,000 $886,200 $383,800
2018 $26,767 $1,254,900 $886,200 $368,700
2017 $27,334 $1,276,700 $886,200 $390,500
2016 $30,259 $1,270,300 $970,300 $300,000
2015 $29,865 $1,270,300 $970,300 $300,000
2014 $30,108 $1,300,000 $1,000,000 $300,000
Source: Public Records

Map

New Jersey Monmouth County Ocean 07712 Wanamassa

1501 Allen Ave, Ocean, NJ

This home is located at 1501 Allen Ave, Ocean, NJ 07712. 1501 Allen Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, St. Mary of the Assumption School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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