NOT LISTED FOR SALE

29 Olin St Unit 2 Ocean Grove, NJ 07756

Estimated Value: $878,000 - $1,142,000

2 Beds
1 Bath
-- Sq Ft
1,917 Sq Ft Lot

Highlights

  • Deck
  • No HOA
  • Skylights
  • Wood Flooring
  • Balcony
  • 4-minute walk to Greenleaf Park

About This Home

As of October 2021

ANNUAL RENTAL. Located on the second beach block, this home is situated close to town, close to Asbury Park night life, restaurants and public transportation. This 2 bedroom is recently updated and offers a bright south facing exposure. There are newer appliances in the kitchen including a washer/dryer and dishwasher. Add to this a private rear deck off the back and you have the perfect place to call home. This won't last! Excellent credit and proof of employment required..

Last Agent to Rent the Property

Lynn Bowne Merry

Jack Green Realty License #1110347 Listed on: 09/20/2021

Jack Green Realty

Last Renter's Agent

Robyn Singer

Keller Williams Realty Spring Lake License #1005896

Keller Williams Realty Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,452

Year Built

  • Built in 1964

Lot Details

  • 1,917

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Skylights
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Upper Level

Schools

  • Midtown Community Elementary School
  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $3,300
  • Property Available on 10/15/19
  • Assessor Parcel Number 3500147000000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,452

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2019-10-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Architectural Style: Upper Level
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony, Skylight
  • Year Built: 1964
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Contract Info Available Date: 2019-10-15
  • Maintenance Fees Security Deposit3: 3300.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 3500147000000016

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Midtown Community
  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2005
Sold by
Haun Russell G
Bought by
Walsh Ricca Philip A and Walsh Ricca Amy
Current Estimated Value
$1,063,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 1994
Sold by
Sosdian Evelyn
Bought by
Palaleo Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.78%
Mortgage Type
Commercial
Source: Public Records

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
Walsh Ricca Philip A $535,000 --
Palaleo Julie $95,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricca Philip A $345,000
Closed Walsh Ricca Philip A $385,000
Previous Owner Haun Russell G $100,000
Previous Owner Palaleo Julie $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Rented $26,400 +1100.0% --
09/20/2021 09/20/21 For Rent $2,200 0.0% --
09/14/2021 09/14/21 Off Market $2,200 -- --
09/13/2021 09/13/21 For Rent $2,200 +22.2% --
11/22/2019 11/22/19 Rented $1,800 0.0% --
09/01/2018 09/01/18 Rented $1,800 -- --
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 $15,452 $961,300 $616,500 $344,800
2023 $15,452 $871,000 $659,000 $212,000
2022 $13,528 $640,700 $444,800 $195,900
2021 $11,976 $651,300 $500,700 $150,600
2020 $13,686 $656,400 $500,700 $155,700
2019 $11,976 $566,800 $420,700 $146,100
2018 $12,078 $565,700 $420,700 $145,000
2017 $11,963 $537,400 $403,200 $134,200
2016 $11,937 $535,300 $403,200 $132,100
2015 $11,653 $532,100 $403,200 $128,900
2014 $11,915 $447,100 $278,200 $168,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2021

    Lynn Bowne Merry

    Jack Green Realty

    (908) 625-0879

    6 in this area

    8 Total Sales

    Lynn Bowne Merry
    Section Image

  • R

    Tenant's Agent in 2021

    Robyn Singer

    Keller Williams Realty Spring Lake

    Section Image

  • H

    Buyer's Agent in 2019

    Hope Precopio

    Diane Turton, Realtors-Avon

    (908) 489-2743

    2 in this area

    15 Total Sales

    Hope Precopio
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130283

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00147-0000-00016

New Jersey Monmouth County Ocean Grove 07756

29 Olin St Unit 2, Ocean Grove, NJ

This home is located at 29 Olin St Unit 2, Ocean Grove, NJ 07756 since 20 September 2021 and is currently priced at $1,063,535. This property was built in 1964. 29 Olin St Unit 2 is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

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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