NOT LISTED FOR SALE

Estimated Value: $487,000 - $523,000

4 Beds
2 Baths
1,386 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $100,000 $72 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $3,445/month

72 Days on Market

Highlights

  • Garage Apartment
  • 2 Car Direct Access Garage
  • Heating System Uses Natural Gas

About This Home

As of May 2021

Looking for an Investment property that will yield incoming revenue immediately - this is it. A muti-family home with 2 apartments each w/ 2BD, 1FB, Kitchen, and Living Room. 1st Fl - 1254sqft, 2nd Fl 594sqft. Shared Basement for storage 2 separate washer/dryer hookups, 2 Furnaces, 2 HWH, separate water meters. 2 Car Garage and long driveway & on street parking. Minutes from Rt.35/36 and the GSP,Matawan/Aberdeen Train Station. A few miles to the Keyport Bayfront w/shopping & entertainment. Sold strictly AS IS, no repairs, Buyer resp CO & Smoke. Apt 1 currently rented have town rental CO/Smoke Certs. AGENTS see AGENT NOTES for scheduling. OFFER ACCEPTED - NO MORE SHOWINGS

Last Listed By

Kim Koehl

Cammarota Real Estate License #1645340 Listed on: 01/18/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 2 Car Direct Access Garage
  • Garage Apartment
  • Common or Shared Parking
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Central Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 24-00001-01-00042

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl
  • New Construction: No
  • Year Built: 1930
  • 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
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Central
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Parking Unpaved: Yes
  • Garage Apt Above Garage: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full, Tenant Storage, Shared Storage
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Tenants personal property
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Common, Off Street, On Street, Unpaved, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • GarageParking:Common: Yes

Utilities

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

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-00001-01-00042
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6530.0
  • Tax Other Annual Assessment Amount: 264500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jun 4, 2021
Sold by
Glomar Rwe Properties Llc and Stone Gloria M
Bought by
195 Chingarora Llc
Seller's Agent
Kim Koehl
Cammarota Real Estate
Buyer's Agent
Kim Koehl
C21/ Charles Smith Agency
List Price
$329,900
Sold Price
$100,000
Premium/Discount to List
-$229,900
-69.69%
Total Days on Market
72
Current Estimated Value
$499,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,015
Avg. Annual Appreciation
47.72%
Interest Rate
2.99%

Purchase Details

Closed on
Oct 6, 2014
Sold by
Ehlers Mary C
Bought by
Glomar Rwe Properties Llc

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
195 Chingarora Llc $100,000 --
Glomar Rwe Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 195 Chingarora Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $100,000 -69.7% $72 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $329,900 -- $238 / 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 $8,141 $403,800 $145,900 $257,900
2023 $8,141 $370,400 $126,900 $243,500
2022 $6,982 $322,000 $110,300 $211,700
2021 $6,982 $276,700 $102,200 $174,500
2020 $6,726 $264,500 $98,500 $166,000
2019 $6,530 $257,200 $95,000 $162,200
2018 $6,219 $239,200 $87,500 $151,700
2017 $6,252 $239,800 $90,000 $149,800
2016 $5,845 $226,100 $90,000 $136,100
2015 $5,695 $219,300 $85,000 $134,300
2014 $5,172 $201,100 $60,000 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22101500

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00001-01-00042