NOT LISTED FOR SALE

213 Drummond Ave Neptune, NJ 07753

Estimated Value: $341,000 - $742,000

7 Beds
1 Bath
995 Sq Ft
$584/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $418,000 $420 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,060/month

79 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2018

Investor's Dream !!! One lot, Two buildings, Three units, each with it's own separate utilities; Electric, gas and water for greater ROI. Front house has three bedrooms, living room and partial basement. The two newer rear units each has two bedrooms, kitchen, living room, central air and laundry hookups. Lots of off street parking, don't let this one get away

Last Agent to Sell the Property

Abel Reis

Berkshire Hathaway HomeServices New Jersey Properties Listed on: 07/12/2017

Last Buyer's Agent

ming zhang

Burke&Manna Real Estate Agency License #1537262

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,507

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 75 x 150

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7 Bedrooms
  • 1-Story Property
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Basement

  • Partial Basement
  • Basement Storage

Parking

  • Paved Parking
  • Assigned Parking

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Owner and tenants' possessions
  • The owner pays for sewer
  • Assessor Parcel Number 35-00612-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,507

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate, Ceramic Tile
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75 x 150
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: 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
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Dryer Hookup: Yes
  • Unit 3 Washer Hookup: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 2 Washer Hookup2: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Slab, Tenant Storage, Shared Storage
  • Basement: Yes
  • Total Bedrooms: 7
  • Stories: 1
  • Basement:Slab: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Owner and tenants' possessions
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Assigned
  • General Property Info:Garage: No
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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 150
  • Parcel #: 35-00612-0000-00005
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6507.0
  • Tax Other Annual Assessment Amount: 290800.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Li Min Rui and Zhang Ming Teng
Bought by
Tf Investment 2025 Nj Llc
Current Estimated Value
$581,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,750
Outstanding Balance
$476,094
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$105,433

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jan 10, 2018
Sold by
Gutzmore Donald J
Bought by
Li Min Rui and Zhang Ming Teng
Seller's Agent
Abel Reis
Berkshire Hathaway HomeServices New Jersey Properties
Buyer's Agent
ming zhang
Burke&Manna Real Estate Agency
Sold Price
$418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$234,000
Interest Rate
3.93%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 24, 2004
Sold by
Perry Thermon
Bought by
Gutzmore Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Tf Investment 2025 Nj Llc -- Hudson One Title
Tf Investment 2025 Nj Llc -- Hudson One Title
Li Min Rui $418,000 American Land Title
Gutzmore Donald $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tf Investment 2025 Nj Llc $477,750
Closed Tf Investment 2025 Nj Llc $477,750
Previous Owner Li Min Rui $234,000
Previous Owner Gutzmore Donald $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2018 01/11/18 Sold $418,000 -- $420 / 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 $11,942 $712,500 $237,700 $474,800
2024 $11,340 $682,000 $189,700 $492,300
2023 $11,340 $627,900 $147,200 $480,700
2022 $10,075 $603,400 $102,700 $500,700
2021 $8,797 $476,800 $88,700 $388,100
2020 $9,184 $433,600 $65,800 $367,800
2019 $8,797 $410,100 $65,100 $345,000
2018 $6,705 $309,000 $65,100 $243,900
2017 $6,569 $290,800 $65,100 $225,700
2016 $6,507 $287,300 $65,100 $222,200
2015 $6,276 $281,800 $65,100 $216,700
2014 $6,279 $132,300 $61,300 $71,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Abel Reis

    Berkshire Hathaway HomeServices New Jersey Properties

  • m

    Buyer's Agent in 2018

    ming zhang

    Burke&Manna Real Estate Agency

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21727146

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00612-0000-00005

New Jersey Monmouth County Neptune 07753

213 Drummond Ave, Neptune, 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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