NOT LISTED FOR SALE

196 Milton Ave Cliffwood, NJ 07721

Estimated Value: $436,000 - $544,585

4 Beds
2 Baths
1,736 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $499,999 $288 Per Sq Ft

Current estimated payment $3,410/month

18 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 1-minute walk to Philip N. Gumbs Park
  • Matawan Reg High School Rated A-
  • Baseboard Heating

About This Home

As of December 2023

This two-family home presents a fantastic opportunity for a firdst time home-owner or real estate investors. With its modern upgrades, separate utilities, and outdoor space, it has all the elements of a sound investment. Whether you plan to generate rental income or live in one unit while renting out the other, this property offers multiple avenues for financial growth and stability. Don't miss out on the chance to make this great investment property yours and unlock its potential for your real estate investment dreams.

Last Agent to Sell the Property

Josephine Jordan

Keller Williams Realty East Monmouth License #0455651 Listed on: 10/27/2023

Keller Williams Realty East Monmouth

Last Buyer's Agent

Bernadette Ruegg

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,100

Lot Details

  • 4,008

Home Design

  • Duplex

Flooring

  • Wood
  • Ceramic Tile

Basement

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

Schools

  • Matawan Avenue Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 01-00171-00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,100

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Matawan Avenue
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Basement Tenant Storage: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full, Tenant Storage
  • Basement: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Items

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Matawan Avenue

Lot Info

  • Parcel #: 01-00171-00021

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 11, 2023
Sold by
196 Milton Ave Cliffwood Llc
Bought by
Gaddie Todd Joseph
Seller's Agent
Josephine Jordan
Keller Williams Realty East Monmouth
Buyer's Agent
Bernadette Ruegg
Gloria Nilson & Co. Real Estate
List Price
$499,999
Sold Price
$499,999
Views
253
Current Estimated Value
$501,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,897
Avg. Annual Appreciation
1.50%
Original Mortgage
$374,250
Outstanding Balance
$369,150
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$143,355

Purchase Details

Closed on
Mar 29, 2023
Sold by
Sheriff Of The County Of Monmouth
Bought by
196 Milton Ave Cliffwood Llc and Restashore Llc

Purchase Details

Closed on
May 12, 2014
Sold by
Fannie Mae
Bought by
Raman Gita and Bharadwaj Subash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Phillip Sharon and Rosenger Ephraim Fishel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 31, 2002
Sold by
Gumbs Hugh
Bought by
Estivenson Garciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.73%
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
Gaddie Todd Joseph $499,999 Trident Land Transfer
196 Milton Ave Cliffwood Llc $178,512 None Listed On Document
Raman Gita $135,000 Land Title Services
Federal National Mortgage Association $4,298 None Available
Estivenson Garciela $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddie Todd Joseph $374,250
Previous Owner Bharadwaj Subash $161,000
Previous Owner Raman Gita $156,000
Previous Owner Raman Gita $101,250
Previous Owner Phillip Sharon $77,000
Previous Owner Phillip Sharon $288,000
Previous Owner Estivenson Garciela $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $499,999 0.0% $288 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $499,999 -- $288 / 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 $8,100 $413,200 $231,800 $181,400
2023 $8,100 $373,600 $196,100 $177,500
2022 $7,677 $329,600 $160,600 $169,000
2021 $7,677 $281,300 $131,000 $150,300
2020 $7,417 $270,900 $124,000 $146,900
2019 $6,983 $247,700 $101,600 $146,100
2018 $6,741 $239,300 $100,000 $139,300
2017 $6,415 $231,000 $96,000 $135,000
2016 $6,431 $241,600 $110,000 $131,600
2015 $7,035 $253,500 $100,000 $153,500
2014 $7,426 $272,400 $120,000 $152,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Josephine Jordan

    Keller Williams Realty East Monmouth

    (732) 552-4022

    1 in this area

    13 Total Sales

    Josephine Jordan
    Section Image

  • B

    Buyer's Agent in 2023

    Bernadette Ruegg

    BHHS Fox & Roach

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22330043

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00171-0000-00021

New Jersey Monmouth County Cliffwood 07721

196 Milton Ave, Cliffwood, NJ

This home is located at 196 Milton Ave, Cliffwood, NJ 07721 since 27 October 2023 and is currently estimated at $501,896, approximately $289 per square foot. 196 Milton Ave is a home located in Monmouth County with nearby schools including Matawan Reg High School, Matawan Montessori Academy, and St. Joseph Elementary 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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