NOT LISTED FOR SALE

268 State Route 36 Port Monmouth, NJ 07758

New Monmouth Neighborhood

Estimated Value: $630,000 - $798,000

5 Beds
3.5 Baths
2,150 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $600,000 $279 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,650/month

5 Days on Market

Highlights

  • Deck
  • Recessed Lighting
  • Awning
  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • 1-minute walk to Henry Hudson Trail County Park

About This Home

As of July 2022

Rare opportunity to own a legal Two Family Home in Middletown. This beautiful income producing property was built in 2015. The 1st level unit consists of 3 bedrooms & 2 bathrooms. The 2nd level unit consists of 2 bedrooms & 1.1 bathrooms. Each unit has its own laundry area. Gleaming hardwood floors throughout, plus a wraparound deck that leads to a lovely backyard. ALL separate utilities including the solar panels. The house was lifted to FEMA standards. It features a 2 car garage - the ground level provides ample storage room. The house is set back in a very private location, with plenty of driveway space. The home also comes with a backup generator and is set up for a future elevator. Located near public transportation to NYC.

Last Agent to Sell the Property

Jill Tascon

EXP Realty License #0789622 Listed on: 04/28/2022

EXP Realty

Last Buyer's Agent

BISHOY AWAD

EXP Realty License #2185944

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 2015

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 100 x 91
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Awning
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Port Monmouth Ele Elementary School
  • Thorne Middle School
  • Middle North High School

Utilities

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

Community Details

  • 2 Units
  • Fenced Storage

Listing and Financial Details

  • Exclusions: Tenants and owners personal property. *The Washer/Dryer in unit # 1 belongs to the tenant.
  • Tenant pays for water, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 32-00206-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,889

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Reso Interior Features: Attic - Pull Down Strs, Recessed Lighting
  • Year Built: 2015
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 100 x 91
  • Location Middle School: Thorne
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • ExteriorDeck: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Exterior Awnings2: Yes
  • Exterior Locked Storage2: Yes
  • Basement Shared Storage3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full, Slab, Shared Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Basement:Slab: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Exclusions: Tenants and owners personal property. *The Washer/Dryer in unit # 1 belongs to the tenant.
  • Exterior Features: Deck, Fence, Awnings, Locked Storage, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: See Remarks
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Thorne

Lot Info

  • Lot Dimensions: 100 x 91
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 32-00206-0000-00008
  • Zoning Description: Multi-Family, Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Heat, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7889.0
  • Tax Other Annual Assessment Amount: 379300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Port Monmouth Ele
  • High School: Middle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 14, 2022
Sold by
Kolb Sr Robert A
Bought by
Johnson Nicholas
Seller's Agent
Jill Tascon
EXP Realty
Buyer's Agent
BISHOY AWAD
EXP Realty
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Current Estimated Value
$728,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,555
Avg. Annual Appreciation
6.30%
Original Mortgage
$480,000
Outstanding Balance
$459,588
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$268,967
Source: Public Records

Range of Values:

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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
Johnson Nicholas $600,000 Chicago Title
Johnson Nicholas $600,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Nicholas $480,000
Closed Johnson Nicholas $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $600,000 +9.1% $279 / Sq Ft
04/28/2022 04/28/22 For Sale $549,900 -- $256 / 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 $9,442 $634,400 $268,200 $366,200
2024 $9,237 $574,000 $210,400 $363,600
2023 $9,237 $531,500 $176,100 $355,400
2022 $7,639 $431,000 $103,600 $327,400
2021 $7,639 $379,300 $87,600 $291,700
2020 $8,039 $376,000 $87,600 $288,400
2019 $7,971 $377,400 $87,600 $289,800
2018 $7,901 $364,600 $87,600 $277,000
2017 $7,865 $359,300 $87,600 $271,700
2016 $7,631 $358,100 $87,600 $270,500
2015 $7,427 $89,600 $87,600 $2,000
2014 $4,574 $202,100 $87,600 $114,500
Source: Public Records

Agents Affiliated with this Home

  • Jill Tascon

    Seller's Agent in 2022

    Jill Tascon

    EXP Realty

    (908) 468-1733

    4 in this area

    42 Total Sales

    Jill Tascon
    Section Image

  • B

    Buyer's Agent in 2022

    BISHOY AWAD

    EXP Realty

    (732) 620-9120

    1 in this area

    4 Total Sales

    BISHOY AWAD
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22212083

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00206-0000-00008

New Jersey Monmouth County Port Monmouth 07748 New Monmouth

268 State Route 36, Port Monmouth, NJ

This home is located at 268 State Route 36, Port Monmouth, NJ 07758 since 28 April 2022 and is currently estimated at $728,555, approximately $338 per square foot. This property was built in 2015. 268 State Route 36 is a home located in Monmouth County with nearby schools including Port Monmouth Elementary School, Thorne Middle School, and Middletown High School North.

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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