1609 Bangs Ave Neptune, NJ 07753
Estimated Value: $466,000 - $496,497
4
Beds
3
Baths
1,584
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Programmable Thermostat
- Hot Water Heating System
- Patio
About This Home
As of December 2024Come see this 3-Family home in Neptune, NJ (on the border of world famous Asbury Park). This home features a New Roof (2021) & New Boiler (2023). Unit 1 offers 2 Bedrooms, 1 Bath, Hardwood Floors throughout, Living & Dining Room combo w/ well appointed Kitchen. Unit 2 was recently renovated & freshly painted last summer and features newer laminate flooring, new cabinets and new windows. Unit 3 is the same size as Unit 2 and has a long-standing tenant with a newer Hot Water Heater. All units occupied, but have 3 great paying tenants. All Units are below market rent. There is also a large driveway allowing parking for 4 cars or more and a full unfinished basement for lots of storage. Sit on the front porch and enjoy the summer breeze. Won't last long!
Last Agent to Sell the Property
Weichert Realtors-Manalapan License #0676253 Listed on: 09/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,417
Year Built
- Built in 1924
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 49 x 75
Home Design
- Triplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,584 Sq Ft Home
- 2-Story Property
- Window Screens
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- No Garage
- Common or Shared Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
- Exterior Lighting
Schools
- Neptune Middle School
Utilities
- Multiple cooling system units
- Hot Water Heating System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Thermostat
- Natural Gas Water Heater
Listing and Financial Details
- Exclusions: Tenant belongings
- Tenant pays for hot water, gas
- The owner pays for water, electricity
- Assessor Parcel Number 35-00711-0000-00004
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $1,200
- Insurance Expense $2,089
- Water Sewer Expense $2,640
- Gross Income $44,520
- Net Operating Income $26,676
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2024
Closed on
Dec 12, 2024
Sold by
Guzzardi Joseph and Guzzardi Alisa
Bought by
1609 Bangs Llc
Seller's Agent
Rey Castaneda
Weichert Realtors-Manalapan
Buyer's Agent
Michael Mizrahi
Weichert Realtors
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%
Total Days on Market
148
Views
67
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
$13,624
Avg. Annual Appreciation
5.60%
Purchase Details
Listed on
Sep 20, 2019
Closed on
Feb 14, 2020
Sold by
Spitzer Lipa
Bought by
Guzzardi Joseph and Guzzardi Alisa
Seller's Agent
Jacquelyn Mery
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Reynaldo Castaneda
Weichert Realtors-Ocean
Sold Price
$340,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$255,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2017
Sold by
Jackson Ulysses C
Bought by
Spitzer Lipa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,375
Interest Rate
3.83%
Mortgage Type
New Conventional
Similar Home in Neptune, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1609 Bangs Llc | $465,000 | Trident Abstract Title | |
| 1609 Bangs Llc | $465,000 | Trident Abstract Title | |
| Guzzardi Joseph | $340,000 | Clearpoint Title Agency Llc | |
| Spitzer Lipa | $152,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guzzardi Joseph | $255,000 | |
| Previous Owner | Spitzer Lipa | $114,375 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $465,000 | -11.4% | $294 / Sq Ft |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- |
| 09/14/2024 09/14/24 | For Sale | $525,000 | 0.0% | $331 / Sq Ft |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | Off Market | $525,000 | -- | -- |
| 05/11/2024 05/11/24 | For Sale | $525,000 | +54.4% | $331 / Sq Ft |
| 02/19/2020 02/19/20 | Sold | $340,000 | -- | $215 / Sq Ft |
| 12/26/2019 12/26/19 | Pending | -- | -- | -- |
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 | $7,417 | $460,000 | $166,700 | $293,300 |
| 2023 | $7,417 | $410,700 | $124,200 | $286,500 |
| 2022 | $8,076 | $356,100 | $79,700 | $276,400 |
| 2021 | $3,642 | $382,200 | $65,700 | $316,500 |
| 2020 | $3,787 | $178,800 | $50,500 | $128,300 |
| 2019 | $3,642 | $169,800 | $49,800 | $120,000 |
| 2018 | $3,665 | $168,900 | $49,800 | $119,100 |
| 2017 | $3,617 | $160,100 | $49,800 | $110,300 |
| 2016 | $3,586 | $158,300 | $49,800 | $108,500 |
| 2015 | $3,467 | $155,700 | $49,800 | $105,900 |
| 2014 | $3,806 | $140,500 | $39,900 | $100,600 |
Source: Public Records
Agents Affiliated with this Home
-
Rey Castaneda
R
Seller's Agent in 2024
Rey Castaneda
Weichert Realtors-Manalapan
(732) 618-5202
3 in this area
31 Total Sales
-
Michael Mizrahi
Buyer's Agent in 2024
Michael Mizrahi
Weichert Realtors
(732) 539-8801
11 in this area
88 Total Sales
-
J
Seller's Agent in 2020
Jacquelyn Mery
Berkshire Hathaway HomeServices Signature Properties
-
R
Buyer's Agent in 2020
Reynaldo Castaneda
Weichert Realtors-Ocean
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22412498
APN: 35-00711-0000-00004
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