NOT LISTED FOR SALE

1818 Milton Ave Neptune, NJ 07753

Estimated Value: $381,000 - $666,000

8 Beds
3.5 Baths
-- Sq Ft
3,093 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $430,000

Est. 7% increase in value since last sale

Current estimated payment $2,956/month

105 Days on Market

Highlights

  • Attic
  • Ceramic Tile Flooring
  • Forced Air Heating System

About This Home

As of October 2019

Neptune Three Family. Two houses covering 3 lots, unit one is rear house which has 4 bedrooms, newly renovated, vacant and ready to go. Front house has two units and is occupied with tenants. Live in one and rent the other two. Current rents are under market value. Total rent for last year was $54,0032. Separate utilities except for water in front house. Large lot with plenty of parking, close to Rte 35 and transportation.

Last Agent to Sell the Property

Diane Pritzlaff

Weichert Realtors-Ocean Listed on: 05/29/2019

Last Buyer's Agent

Toni Siragusa

Keller Williams Realty West Monmouth License #0894796

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1940

Lot Details

  • 3,093

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Stove
  • Attic

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Off-Street Parking

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Gross Income $54,032

Listing and Financial Details

  • Exclusions: Tenants Belongings
  • Assessor Parcel Number 35-00615-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Laminate, Ceramic Tile
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: @75 x 125
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Garage None4: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Income Expenses Gross Income2: 54032.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants Belongings
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: @75 x 125
  • Parcel #: 35-00615-0000-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6000.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 54032.0

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Oct 2, 2019
Sold by
Yosef Raya and Yosef Sason
Bought by
Community Plus Property Mgt Llc
Seller's Agent
Diane Pritzlaff
Weichert Realtors-Ocean
Buyer's Agent
Toni Siragusa
Keller Williams Realty West Monmouth
Sold Price
$430,000
Current Estimated Value
$460,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,952
Avg. Annual Appreciation
1.22%
Original Mortgage
$390,000
Outstanding Balance
$347,104
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$113,848
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
Community Plus Property Mgt Llc $430,000 Plaza Abstract Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Community Plus Property Mgt Llc $390,000
Previous Owner Yosef Raya $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $430,000 -- --
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 $4,936 $319,700 $137,900 $181,800
2023 $4,936 $273,300 $99,600 $173,700
2022 $4,790 $293,200 $66,200 $227,000
2021 $4,790 $226,700 $52,200 $174,500
2020 $4,382 $206,900 $41,500 $165,400
2019 $3,012 $140,400 $40,800 $99,600
2018 $3,031 $139,700 $40,800 $98,900
2017 $2,991 $132,400 $40,800 $91,600
2016 $2,965 $130,900 $40,800 $90,100
2015 $2,866 $128,700 $40,800 $87,900
2014 $2,630 $97,100 $33,100 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21922217

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00615-0000-00013