NOT LISTED FOR SALE

Estimated Value: $727,304

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $555,000

Est. 31% increase in value since last sale

Current estimated payment $4,785/month

38 Days on Market

About This Home

As of December 2021

Mixed use multi family 3 residential units and 1 storefront fantastic investment opportunity right on Main st detached garage and parking space backs up right to municipal complex steps to water front

Last Listed By

Caitlyn Mulligan

RE/MAX Revolution Listed on: 06/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,779

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 33 x 140

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Central Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for hot water, yard maintenance, water, heat, gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 24-00039-0000-00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,779

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1958
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 33 x 140
  • Location Middle School: Central
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: 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: 33 x 140
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-00039-0000-00042
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Yard Maintenance, Water, Heat, Gas, Electricity
  • Owner Pays: Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9779.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Nov 30, 2021
Sold by
Rmk Realty Llc
Bought by
Abt Nj Llc
Seller's Agent
Caitlyn Mulligan
RE/MAX Revolution
Buyer's Agent
Rino Martino
Keller Williams Realty West Monmouth
List Price
$500,000
Sold Price
$555,000
Premium/Discount to List
$55,000
11%
Total Days on Market
38
Current Estimated Value
$727,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,304
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Dec 31, 2019
Sold by
Cunningham Kristen Lynn and Estate Of Charles S Rauth Jr
Bought by
Rmk Realty Llc

Purchase Details

Closed on
Nov 5, 1993
Sold by
Bankers Savings
Bought by
Rauth Charles and Rauth Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.79%
Mortgage Type
Commercial

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
Abt Nj Llc $555,000 Trident Abstract Ttl Agcy Ll
Rmk Realty Llc -- None Available
Rauth Charles $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rauth Charles $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $555,000 +11.0% --
07/29/2021 07/29/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $500,000 -- --
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 $9,027 $465,900 $208,100 $257,800
2023 $9,027 $410,700 $189,200 $221,500
2022 $9,572 $386,000 $164,500 $221,500
2021 $9,572 $366,900 $152,400 $214,500
2020 $9,779 $372,100 $152,400 $219,700
2019 $6,590 $250,300 $148,500 $101,800
2018 $6,721 $250,300 $148,500 $101,800
2017 $6,753 $250,300 $148,500 $101,800
2016 $6,645 $250,300 $148,500 $101,800
2015 $6,598 $247,300 $145,500 $101,800
2014 $6,327 $239,100 $145,500 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22119908

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00039-0000-00042