NOT LISTED FOR SALE

1741 Columbus Ave Neptune, NJ 07753

Estimated Value: $576,000 - $646,039

6 Beds
4 Baths
2,256 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $525,000 $233 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,983/month

9 Days on Market

Highlights

  • 0.3 Acre Lot
  • Handicap Accessible
  • Zoned Heating
  • Multiple cooling system units
  • Shed
  • Hot Water Heating System

About This Home

As of June 2023

Investors dream 3 unit unique California Ranch style. Bonus of Extra large lot with subdivision possibilities. However, buyer must perform due diligence. All units are occupied at market rents. Want your own but thought you could not afford it? Live in the 4 bedroom and rent out other 2 units. Real potential for a family compound or cash flowing asset. Low taxes. Buyer to obtain Transfer of Title.Long time tenant on site handyman.

Last Agent to Sell the Property

Shonda Neal

EXIT Realty East Coast Shirvanian License #0017715 Listed on: 03/13/2023

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Kyle Braun

Real Broker, LLC License #2079341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,040

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 132

Home Design

  • Triplex
  • Flat Roof Shape
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Midtown Community Elementary School
  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Hot Water Heating System
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • Handicap Accessible
  • Shed

Community Details

  • Fuel Expense $1,512
  • Water Sewer Expense $3,780
  • Gross Income $56,100

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 35-00608-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,040

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1961
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 100 x 132
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: Yes
  • Cooling Electric3: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses WaterSewer Expense: 3780.0
  • Income Expenses Gross Income2: 56100.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 3 Water Heater3: Yes
  • Income Expenses Gas Expense: 1512.0
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water2: Yes

Fee Information

  • Annual Water Sewer Expense: 3780.0

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 100 x 132
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00608-0000-00005
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7040.0
  • Tax Other Annual Assessment Amount: 367800.0

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 56100.0

MLS Schools

  • Elementary School: Midtown Community
  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Fuks Evgenya
Bought by
1741 Columbus Llc
Current Estimated Value
$605,260

Purchase Details

Closed on
Oct 4, 2013
Sold by
Becker Douglas E and Becker Grace
Bought by
Adventure Associates Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Hogan Richard W and Estate Of Lillian J Williams
Bought by
Becker Douglas and Becker Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.31%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
1741 Columbus Llc -- Old Republic Title
Adventure Associates Llc -- First American Title
Becker Douglas $180,000 Multiple
Becker Douglas $180,000 Agent For First American Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Douglas $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $525,000 +1.0% $233 / Sq Ft
05/03/2023 05/03/23 For Sale $519,900 0.0% $230 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $519,900 -- $230 / 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 $7,874 $485,000 $204,200 $280,800
2023 $7,874 $436,000 $161,700 $274,300
2022 $6,250 $367,800 $117,200 $250,600
2021 $6,250 $295,800 $103,200 $192,600
2020 $5,467 $258,100 $75,500 $182,600
2019 $5,277 $246,000 $74,800 $171,200
2018 $5,312 $244,800 $74,800 $170,000
2017 $5,245 $232,200 $74,800 $157,400
2016 $5,497 $242,700 $74,800 $167,900
2015 $5,316 $238,700 $74,800 $163,900
2014 $5,147 $190,000 $58,600 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22306755

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00608-0000-00005