NOT LISTED FOR SALE

Estimated Value: $353,000 - $476,000

2 Beds
1 Bath
1,080 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $470,000 $435 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,698 / mo

92 Days on Market

About This Home

As of August 2024

CONVENIENTLY LOCATED 2 FAMILY! This two family property is a short distance to shopping, dining and all of the action of Downtown Freehold Boro! Both units feature a thoughtfully designed layout with two bedrooms and one full bathroom, maximizing space and functionality to ensure a comfortable living experience. This building is fully occupied and rents are $1700/mo for Unit 1, and $1800/mo for Unit 2. Heat, hot water and electricity are the responsibility of the tenants. Kitchens and bathrooms have been renovated in the last 5 years in both units. Whether you're an investor looking for rental income or a homeowner seeking supplemental income, this two-family residence presents an excellent opportunity to generate revenue.

Last Agent to Sell the Property

Loryn Colasuonno

Real Broker, LLC- Point P License #2079399 Listed on: 06/06/2024

Last Buyer's Agent

Kyle Braun

Real Broker, LLC- Red Bank License #2079341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 115

Home Design

  • Duplex

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • On-Street Parking

Schools

  • Park Avenue Elementary School
  • Freehold Middle School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, water, heat, electricity
  • Assessor Parcel Number 16-00007-0000-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,624

Year Built

Built in 1930

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1930
  • Contract Info List PriceSqFt: 449.07
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 115
  • Location Middle School: Freehold
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Shared Storage
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Acres: 0.11
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes
  • GarageParking:Common: Yes

Utilities

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

Schools

  • Middle Or Junior School: Freehold

Lot Info

  • Lot Dimensions: 40 x 115
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00007-0000-00017
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4624.0
  • Tax Other Annual Assessment Amount: 220500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Park Avenue

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 21, 2024
Sold by
Bought by
Seller's Agent
Loryn Colasuonno
Real Broker, LLC- Point P
Buyer's Agent
Kyle Braun
Real Broker, LLC- Red Bank
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Views
11
Current Estimated Value
$405,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,849
Avg. Annual Appreciation
-7.52%
Original Mortgage
$352,500
Outstanding Balance
$345,453
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$59,698

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 22, 2017
Sold by
Bought by
Seller's Agent
Jeffrey Kagan
Weichert Realtors-Old Bridge
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%
Original Mortgage
$116,600
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bought by

Purchase Details

Closed on
May 21, 2002
Sold by
Bought by

Purchase Details

Closed on
May 13, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Madison Title
$120,750 --
$1,000 None Available
$138,000 --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $352,500
Previous Owner $116,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $470,000 -3.1% $435 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $485,000 -2.8% $449 / Sq Ft
06/06/2024 06/06/24 For Sale $499,000 0.0% $462 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $499,000 +333.9% $462 / Sq Ft
10/03/2017 10/03/17 Sold $115,000 -- $106 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,881 $347,300 $201,800 $145,500
2025 $5,881 $293,300 $149,100 $144,200
2024 $4,624 $255,000 $113,400 $141,600
2023 $4,624 $220,500 $82,200 $138,300
2022 $4,849 $208,100 $82,200 $125,900
2021 $4,849 $184,900 $71,500 $113,400
2020 $4,781 $179,600 $71,500 $108,100
2019 $4,675 $176,400 $71,500 $104,900
2018 $4,711 $174,400 $71,500 $102,900
2017 $4,694 $173,100 $71,500 $101,600
2016 $4,678 $176,200 $102,500 $73,700
2015 $4,440 $175,200 $101,500 $73,700
2014 $3,754 $155,200 $81,500 $73,700
Source: Public Records

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22410259

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00007-0000-00017

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