NOT LISTED FOR SALE

2613 Herbertsville Rd Point Pleasant Boro, NJ 08742

Estimated Value: $1,124,000 - $1,177,000

2 Beds
1 Bath
7,608 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $1,125,000 $148 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,253/month

464 Days on Market

Highlights

  • Concrete Pool
  • Shed
  • Space Heater
  • 0.98 Acre Lot
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of October 2019

Wenkes Motel & Cottages *** This Point Pleasant Landmark has been operating for more than 50 + years . The site is located on the well traveled Route 88 and is located in the GC Gerneral Commercial Zone. There is 200 feet of road frontage . The property consists of 18 cottages 5 motel units ,main house with office and additional 1 bedroom 1 bath unit . Total of 24 units . Excellent property for bed & breakfast .

Last Agent to Sell the Property

Gina Troncone

Real Estate, LTD Listed on: 06/27/2018

Last Buyer's Agent

Joseph Carannante

Realty One Group Emerge License #0338011

Realty One Group Emerge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,916

Year Built

  • Built in 1960

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 200x213
  • Level Lot

Home Design

  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 7,608 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 25 Parking Spaces
  • Visitor Parking
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Shed

Schools

  • Ocean Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, snow removal, sewer, heat, gas, electricity
  • Assessor Parcel Number 25-00045-0000-00001

Community Details

Overview

  • 23 Units

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,916

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Level
  • ResoPoolFeatures: Concrete, In Ground
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Ceramic Tile
  • Reso Interior Features: Cable TV
  • New Construction: No
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 200x213
  • Location Middle School: Memorial
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Siding Clapboard: Yes
  • Pool Concrete2: Yes
  • General Property Info # Parking Spaces: 25.0
  • Exterior Shed3: Yes
  • Parking Visitor2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Basement:Partial: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.98
  • Waterfront: No
  • Construction Type: Clapboard
  • Exterior Features: Recreation Area
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Visitor
  • Total Parking Spaces: 25.0
  • General Property Info:Garage: No
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Space Heater
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Space Heater: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 200x213
  • Lot Size Sq Ft: 42688.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-00045-0000-00001
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Snow Removal, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 25916.0
  • Tax Other Annual Assessment Amount: 1327000.0

Multi Family

  • Number Of Units Total: 23

MLS Schools

  • Elementary School: Ocean
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2005
Sold by
Edmond Robert and Edmond Margaret V
Bought by
Ogorman Stephen and Ogorman Kathleen M
Total Days on Market
464
Current Estimated Value
$1,147,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2005
Sold by
Galloway Barbara and Edmond Barbara M
Bought by
Edmond Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Ogorman Stephen $365,000 --
Edmond Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogorman Stephen $237,000
Closed Ogorman Stephen $237,000
Closed Ogorman Steven $50,000
Closed Ogorman Stephen $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $1,125,000 -- $148 / 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 $13,958 $638,500 $191,000 $447,500
2023 $13,670 $638,500 $191,000 $447,500
2022 $13,670 $638,500 $191,000 $447,500
2021 $13,460 $638,500 $191,000 $447,500
2020 $13,319 $638,500 $191,000 $447,500
2019 $13,140 $638,500 $191,000 $447,500
2018 $12,751 $638,500 $191,000 $447,500
2017 $12,470 $638,500 $191,000 $447,500
2016 $12,374 $638,500 $191,000 $447,500
2015 $12,227 $638,500 $191,000 $447,500
2014 $11,946 $638,500 $191,000 $447,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21825354

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00018-0000-00049