NOT LISTED FOR SALE

205 E Bergen Place Unit 207 Red Bank, NJ 07701

Estimated Value: $429,000 - $787,000

6 Beds
3 Baths
1,216 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $320,000 $263 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,764/month

23 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Multiple cooling system units
  • Red Bank Regional High School Rated A
  • Storm Windows
  • Patio

About This Home

As of September 2021

Two family Affordable Housing property. Two side by side 3 bedroom.units. Investment opportunity with long term tenants. Recent upgrades to property. Please call for all details.

Last Agent to Sell the Property

Jo Ann Davenport

Resources Real Estate Brokerage Phone: 732-212-0440 Listed on: 08/07/2021

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,609

Year Built

  • Built in 1910

Lot Details

  • 8,276

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Walkup Attic
  • Storm Windows
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

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

Utilities

  • Multiple cooling system units
  • Heating System Uses Oil Above Ground
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Water Heater

Additional Features

  • Patio
  • Level Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Belongings.
  • Tenant pays for hot water, yard maintenance, water, snow removal, sewer, heat, gas, electricity
  • The owner pays for garbage removal
  • Assessor Parcel Number 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,609

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic - Walk Up
  • New Construction: No
  • Year Built: 1910
  • 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
  • ExteriorPatio: Yes
  • Location Middle School: Red Bank
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Exterior Storm Window: Yes
  • Heating Oil Above Ground: Yes
  • Siding Shingle: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: 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
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Basement Tenant Storage: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants Belongings.
  • Construction Type: Shingle Siding
  • Exterior Features: Patio, Storm Window, Screens

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Off Street, On Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 1
  • Zoning Description: Multi-Use

Rental Info

  • Tenant Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Sewer, Heat, Gas, Electricity
  • Owner Pays: Garbage Removal

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

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 7, 2021
Closed on
Sep 23, 2021
Sold by
Blaisdell Lumber Llc
Bought by
Leon Holdings Rb Llc
Seller's Agent
Jo Ann Davenport
Resources Real Estate
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%
Current Estimated Value
$594,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,498
Avg. Annual Appreciation
16.05%
Original Mortgage
$256,000
Outstanding Balance
$232,941
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$361,557

Purchase Details

Closed on
Jun 23, 2015
Sold by
205 E Bergen Llc
Bought by
Blaisdell Lumber Llc

Purchase Details

Closed on
Apr 2, 2015
Sold by
205 East Bergen Llc
Bought by
Red Bank Borough

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.7%

Purchase Details

Listed on
Feb 6, 2013
Closed on
May 13, 2013
Sold by
Moran Edward T and Smith Patricia A
Bought by
205 East Bergen Llc
Seller's Agent
Kevin Murphy
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Jo Ann Davenport
Coldwell Banker Res. Brokerage
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leon Holdings Rb Llc $320,000 Sunnyside Title
Leon Holdings Rb Llc $320,000 Catic Title
Blaisdell Lumber Llc -- Agent For Westcor Land Title
Red Bank Borough -- --
205 East Bergen Llc $415,000 Agent For Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Holdings Rb Llc $256,000
Closed Leon Holdings Rb Llc $256,000
Previous Owner Red Bank Borough --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $320,000 -10.9% $263 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $359,000 -13.5% $295 / Sq Ft
05/13/2013 05/13/13 Sold $415,000 -- $341 / Sq Ft View Prior Sale
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 $7,609 $320,000 $261,800 $58,200
2024 $7,002 $402,800 $249,300 $153,500
2023 $7,002 $366,400 $219,100 $147,300
2022 $6,666 $343,400 $205,400 $138,000
2021 $6,666 $298,000 $178,600 $119,400
2020 $6,391 $281,300 $178,600 $102,700
2019 $6,107 $276,200 $178,600 $97,600
2018 $5,905 $270,000 $223,200 $46,800
2017 $8,094 $383,600 $223,200 $160,400
2016 $8,205 $389,400 $233,200 $156,200
2015 $8,437 $415,000 $283,200 $131,800
2014 $7,939 $415,000 $283,200 $131,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jo Ann Davenport

    Resources Real Estate

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

  • Kevin Murphy

    Seller's Agent in 2013

    Kevin Murphy

    Better Homes and Gardens Real Estate Murphy & Co.

    (732) 687-1830

    6 in this area

    55 Total Sales

    Kevin Murphy
    Section Image
  • Joann Davenport

    Buyer's Agent in 2013

    Joann Davenport

    Resources Real Estate

    (732) 687-6221

    3 in this area

    8 Total Sales

    Joann Davenport
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126164

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00099-0000-00007

New Jersey Monmouth County Red Bank 07701

205 E Bergen Place Unit 207, Red Bank, NJ

Not Listed for Sale

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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