NOT LISTED FOR SALE

18 Sunset Ave E Red Bank, NJ 07701

Estimated Value: $495,000 - $803,000

7 Beds
4 Baths
1,440 Sq Ft
$476/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $520,000 $361 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,697/month

42 Days on Market

Highlights

  • Forced Air Heating System
  • Red Bank Reg High School Rated A
  • 3-minute walk to Johnny Jazz Park

About This Home

As of September 2020

3 Family in Red Bank don't miss this opportunity! Rare find! This is what the Investors are waiting for... Single Family House in front and 2 Family in rear. being sold as is..

Last Agent to Sell the Property

Leonora Bossie

Arbor Sales And Marketing LLC License #8436913 Listed on: 08/29/2020

Last Buyer's Agent

Jerricka Davis

Jersey Shore Real Estate Group Associates LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,569

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40 x 188

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 39-00091-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,569

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • 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 188
  • Location Middle School: Red Bank
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 40 x 188
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 39-00091-0000-00013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6569.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 23, 2020
Sold by
Tri-State Realty Llc
Bought by
Gibbs Peter
Seller's Agent
Leonora Bossie
Arbor Sales And Marketing LLC
Buyer's Agent
Jerricka Davis
Jersey Shore Real Estate Group Associates LLC
List Price
$480,000
Sold Price
$520,000
Premium/Discount to List
$40,000
8.33%
Current Estimated Value
$686,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,120
Avg. Annual Appreciation
5.75%
Original Mortgage
$390,000
Outstanding Balance
$346,252
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$339,868

Purchase Details

Closed on
Jul 29, 2014
Sold by
Salerno Michael M
Bought by
Tri State Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,415,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2011
Sold by
Tri State Realty Llc
Bought by
Salerno Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,700
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2006
Sold by
Salerno Michael M
Bought by
Tri State Realty

Purchase Details

Closed on
May 13, 2005
Sold by
Tri State Realty Llc
Bought by
Salerno Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2001
Sold by
Lawrie Brian
Bought by
Liswoski Scott and Salerno Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.03%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Apat Robert
Bought by
Lawrie Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

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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
Gibbs Peter $520,000 Fidelity National Title
Tri State Realty Llc -- None Available
Salerno Michael M -- Multiple
Tri State Realty -- --
Salerno Michael -- --
Liswoski Scott $185,000 --
Lawrie Brian $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Peter $390,000
Previous Owner Tri State Realty Llc $2,415,000
Previous Owner Salerno Michael M $317,700
Previous Owner Tri State Realty Llc $200,000
Previous Owner Salerno Michael $350,000
Previous Owner Liswoski Scott $148,000
Previous Owner Lawrie Brian $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $520,000 0.0% $361 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/10/2020 08/10/20 Off Market $520,000 -- --
07/18/2020 07/18/20 For Sale $480,000 -- $333 / 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
2025 $11,850 $743,500 $189,300 $554,200
2024 $11,363 $627,300 $169,300 $458,000
2023 $11,363 $594,600 $149,300 $445,300
2022 $8,469 $560,600 $134,400 $426,200
2021 $8,469 $378,600 $89,600 $289,000
2020 $6,893 $303,400 $89,600 $213,800
2019 $6,569 $297,100 $89,600 $207,500
2018 $6,327 $289,300 $89,600 $199,700
2017 $6,077 $288,000 $89,600 $198,400
2016 $5,963 $283,000 $89,600 $193,400
2015 $5,930 $291,700 $129,800 $161,900
2014 $6,122 $320,000 $189,600 $130,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Leonora Bossie

    Arbor Sales And Marketing LLC

    (732) 687-7915

    5 in this area

    10 Total Sales

    Leonora Bossie
    Section Image

  • J

    Buyer's Agent in 2020

    Jerricka Davis

    Jersey Shore Real Estate Group Associates LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22024389

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00091-0000-00013

New Jersey Monmouth County Red Bank 07701

18 Sunset Ave E, Red Bank, NJ

This home is located at 18 Sunset Ave E, Red Bank, NJ 07701 since 29 August 2020 and is currently estimated at $686,120, approximately $476 per square foot. 18 Sunset Ave E is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High 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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