NOT LISTED FOR SALE

18 Abbott Ave Unit Garden Level - SUMME Ocean Grove, NJ 07756

Estimated Value: $1,651,000 - $2,303,275

3 Beds
2 Baths
-- Sq Ft
2,178 Sq Ft Lot

Highlights

  • Furnished
  • Patio
  • Dining Room
  • Multiple cooling system units
  • Living Room
  • 2-minute walk to Ocean Grove Park

About This Home

As of September 2022

SUMMER WEEKLY RENTAL - AVAIL Aug 26 and beyond. Bring your family & spread out in this 3 bedrooms/ 2 bath garden level, 1st floor apt w/ direct access to side patio with BBQ to enjoy starting late May. Building is located just 1 block from the beach, 5 blocks to charming downtown shops, & less than 1/2 mile to Asbury Park. Apt includes One (1) king bedroom with en suite bath, One (1) full bedroom w/ patio access, one (1) bedroom w/ 2 twin beds, comfortable living room w/small dining set, 2nd full bathroom, fully stocked kitchen, & private washer/dryer. SMART TV, Cable TV & Wifi inc. $3200 /week, $750 security dep & $200 cleaning fee. Enhanced cleaning protocol. 4 Beach badges available. Dog considered with $200 pet rent, no cats. No smoking/vaping. Friday to Friday bookings.Can be combined w/upper apt to create a 9 bedroom/7 bath beach house. BOOKED ALL JUNE, July 8 to Aug 5 and Aug 12 - 26.May also be available for short term booking in the off season.

Last Agent to Rent the Property

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 11/12/2021

RE/MAX Gateway

Last Renter's Agent

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 11/12/2021

RE/MAX Gateway

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $35,069

Year Built

  • Built in 1914

Lot Details

  • 2,178

Interior Spaces

  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 2,178 Sq Ft Lot
  • Lower Level

Listing and Financial Details

  • Security Deposit $750
  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 35-00246-0000-00009

Community Details

Overview

  • 2 Units
  • Ocean Grove Subdivision

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$35,069

Year Built

Built in 1914

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: Ocean Grove
  • Architectural Style: Lower Level
  • Year Built: 1914
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.05
  • Location Middle School: Neptune
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Maintenance Fees Security Deposit3: 750.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 1
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • BasementOther: Yes
  • Primary Bedroom Level First39: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bathroom Level First35: Yes

Exterior Features

  • Acres: 0.05
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 35-00246-0000-00009

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2002
Sold by
Willis Edward
Bought by
Stone D Wyatt
Current Estimated Value
$1,951,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 1994
Sold by
Lypchak Peter
Bought by
Willis Edward and Crecchio Nicholas
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Stone D Wyatt $610,000 --
Willis Edward $166 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Luis $930,000
Closed Hartgers John R $550,000
Closed Teh Hayes Family Trust $65,000
Closed The Hayes Family Trust $100,000
Closed Stone D Wyatt $150,000
Previous Owner Stone D Wyatt $488,000
Closed Willis Edward --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Rented $6,400 +100.0% --
11/12/2021 11/12/21 For Rent $3,200 -- --
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
2025 $35,069 $2,227,000 $797,000 $1,430,000
2024 $27,646 $2,040,100 $636,400 $1,403,700
2023 $27,646 $1,558,400 $678,200 $880,200
2022 $23,975 $1,290,100 $460,700 $829,400
2021 $23,975 $1,154,300 $516,600 $637,700
2020 $21,002 $1,007,300 $516,600 $490,700
2019 $18,954 $897,000 $436,600 $460,400
2018 $19,076 $893,500 $436,600 $456,900
2017 $16,633 $747,200 $419,100 $328,100
2016 $16,544 $741,900 $419,100 $322,800
2015 $16,077 $734,100 $419,100 $315,000
2014 $16,288 $611,200 $294,100 $317,100
Source: Public Records

Agents Affiliated with this Home

  • Michele DeRose

    Landlord's Agent in 2022

    Michele DeRose

    RE/MAX

    (732) 361-0770

    13 in this area

    21 Total Sales

    Michele DeRose
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22136660

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00246-0000-00009

New Jersey Monmouth County Ocean Grove 07756

18 Abbott Ave Unit Garden Level - SUMME, Ocean Grove, NJ

This home is located at 18 Abbott Ave Unit Garden Level - SUMME, Ocean Grove, NJ 07756 since 12 November 2021 and is currently priced at $1,951,569. This property was built in 1914. 18 Abbott Ave Unit Garden Level - SUMME is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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