NOT LISTED FOR SALE

30 Abbott Ave Unit 1-3 Ocean Grove, NJ 07756

Neptune Neighborhood

Estimated Value: $1,184,000 - $1,807,177

9 Beds
6.5 Baths
3,800 Sq Ft
$406/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $1,120,000 $295 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,762/month

153 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Recessed Lighting
  • Oceanside
  • Patio
  • 1-minute walk to Ocean Grove Park

About This Home

As of September 2020

Great INVESTMENT PROPERTY! 100K PRICE REDUCTION! WONT LAST! This unique large/ spacious THREE FAMILY located in the Heart of Ocean Grove on an over-sized 60 x 63 Lot w/outside yard space & fabulous wrap around porch. Almost 4000sf of living space! Location! This property is on desirable Abbott Avenue 1 1/2 blocks to Beach, Boardwalk & close to town, shopping, restaurants & Asbury Park! The 3 units offer a lucrative rent roll. Unit 30 offers 5 bedrooms/3 full baths on 3 levels with patio, Unit 32B totally renovated open floor plan offers 3 bedrooms 2.5 baths on 2 levels, and Unit 32A offers 1 large bedroom with full bath on one level. Unit 30 is comparable to a single family. Use a unit for your Beach home and rent the other 2 units out to offset your expenses. 24 hour notice needed!

Last Listed By

Denise Sherman-Pula

Jack Green Realty License #0446543 Listed on: 02/10/2020

Jack Green Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,539

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 60 x 63
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Window Screens
  • Ocean Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Oceanside
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Heating System Uses Steam
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: personal items
  • Tenant pays for water, snow removal, heat, gas, electricity
  • The owner pays for yard maintenance, sewer
  • Assessor Parcel Number 35-00246-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,539

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Ocean Block, Level
  • Subdivision Name: Ocean Grove
  • Reso Flooring: W/W Carpet, Wood, Ceramic Tile
  • Reso Interior Features: Cable TV, Recessed Lighting
  • Year Built: 1890
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 60 x 63
  • 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
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Siding Shingle: Yes
  • Cooling Multi Units: Yes
  • Lot Description Ocean Block: Yes
  • Exterior Ocean View: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Exterior Screens2: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Partial, Tenant Storage, Shared Storage
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Stories: 3
  • Full Basement: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Basement:Partial: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exclusions: personal items
  • Construction Type: Shingle Siding
  • Exterior Features: Patio, Ocean View, Screens, Lighting

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, Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 60 x 63
  • Parcel #: 35-00246-0000-00005
  • Zoning Description: Residential, Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15539.0
  • Tax Other Annual Assessment Amount: 729800.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2005
Sold by
Thomas Dogas
Bought by
Dogas Thomas
Total Days on Market
153
Current Estimated Value
$1,541,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1998
Sold by
O'Donnell Lisa
Bought by
Terpenning Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1997
Sold by
Sorenson Elizabeth
Bought by
O'Donnell Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 1995
Sold by
Sohre Stephen
Bought by
Herbst Fred and Herbst Marie

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
Dogas Thomas -- --
Terpenning Michael $252,500 --
O'Donnell Lisa $190,000 --
Herbst Fred $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jengo Amy Peak $840,000
Closed Ocean View Cir 1890 Llc $482,500
Closed Krawitz Jeffrey S $506,200
Closed Dogas Rose Ann $316,575
Closed Dogas Thomas $312,000
Previous Owner Dogas Thomas $321,000
Previous Owner Terpenning Michael $176,250
Previous Owner O'Donnell Lisa $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $1,120,000 -6.6% $295 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $1,199,000 -7.7% $316 / Sq Ft
02/14/2020 02/14/20 For Sale $1,299,000 -- $342 / 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 $26,608 $1,357,500 $668,500 $689,000
2023 $26,608 $1,499,900 $709,000 $790,900
2022 $23,144 $1,230,400 $486,400 $744,000
2021 $18,962 $1,114,300 $542,300 $572,000
2020 $18,759 $899,700 $542,300 $357,400
2019 $15,421 $729,800 $462,300 $267,500
2018 $15,539 $727,800 $462,300 $265,500
2017 $16,208 $728,100 $444,800 $283,300
2016 $16,134 $723,500 $444,800 $278,700
2015 $15,698 $716,800 $444,800 $272,000
2014 $14,658 $550,000 $319,800 $230,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005492

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00246-0000-00005