NOT LISTED FOR SALE

308 Prospect Ave Avenel, NJ 07001

Estimated Value: $442,916 - $600,000

4 Beds
3 Baths
-- Sq Ft
7,501 Sq Ft Lot

Last Sold July 05, 2023

Last sale price $510,000

Est. 9% increase in value since last sale

Current estimated payment $3,893/month

142 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Attic
  • Deck
  • Main Floor Primary Bedroom
  • Den

About This Home

As of July 2023

Welcome To This Move-in Ready Spacious 4-bedroom 3-bathroom Home Located In A Quiet Neighborhood Of Avenel. New Siding, A New Roof, And A New Front Porch Have Just Been Completed. The First Floor Welcomes You To A Beautiful Living Room, An Extra-large Kitchen, And 2 Bedrooms. In 2020 Central Air Conditioning Was Added, And The Master Bedroom Was Expanded To Accommodate A Walk-in Closet And Master Bathroom. The Master Bedroom Has A Second Closet. The Master Bathroom Has A Rain Shower And A Bidet. French Doors Off The Kitchen Lead You To A Newer Trex Deck Added In 2020. This Home Boasts A Large Backyard Excellent For Entertaining. On The Second Floor, You Will Find 2 Bedrooms With Ample Storage In The Attic Area. Finished Basement With A Full Bathroom Utility Room, Laundry Room, And 2 Extra Rooms. It Is A Must See, Make This Home Yours Today! It Is Located Under 1 Mile From The Avenel Train Station. Nearby Easy Access To Route 1 & 9, The Garden State Parkway, The Njtp, And Route 287. It Is Perfect For Commuters.

Last Agent to Sell the Property

James Aumick

SAMSEL & ASSOCIATES REALTY Listed on: 02/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,971

Year Built

  • Built in 1947

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned R-7.5

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Shades
  • Living Room
  • Den
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Parking

  • Tandem Parking
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Hot Water Baseboard Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Demorest/Hill Tops Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,971

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1722
  • Lot Size: 50X150
  • Ownership: Fee Simple
  • Subdivision Name: Demorest/Hill Tops
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Bidet, Stall Shower, Stall Shower and Tub
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Bath Full, Den, Recreation Room, Storage Space, Utility Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: 2 Bedrooms, Bath Main, Kitchen, Living Room, Attic
  • Stories: 2
  • Window Features: Shades-Existing

Exterior Features

  • Lot Features: See Remarks
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 3 Cars Deep, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 7501
  • Zoning: R-7.5

Tax Info

  • Tax Annual Amount: 9971
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Jun 8, 2023
Sold by
Gutt Patrice and Gutt Hughes
Bought by
Paris Olguitha and Kernizant Rodney
Seller's Agent
James Aumick
SAMSEL & ASSOCIATES REALTY
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Views
300
Current Estimated Value
$555,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,352
Avg. Annual Appreciation
4.81%
Original Mortgage
$520,965
Outstanding Balance
$503,860
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$58,981

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 13, 2019
Sold by
Zapco Realty Group Llc
Bought by
Gutt Patrice
Seller's Agent
Mayer Stroh
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$328,932
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2017
Sold by
Dubols Derrell and Garcia Melanie
Bought by
Zapco Realty Group Llc

Purchase Details

Listed on
Jul 21, 2015
Closed on
Jun 22, 2015
Sold by
Fannie Mae
Bought by
Dubois Derrell and Garcia Melanie
Seller's Agent
Jose Nunes
NJ REALTY PLUS
Buyer's Agent
Jose Nunes
NJ REALTY PLUS
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$220,924
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 30, 2001
Sold by
Roder Joseph
Bought by
Lee Antonio and Marife Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,330
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Paris Olguitha $510,000 Old Republic National Title In
Gutt Patrice $335,000 Noble Title Agency Inc
Zapco Realty Group Llc $178,000 None Available
Dubois Derrell $225,000 None Available
Federal National Mortgage Association -- Attorney
Lee Antonio $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paris Olguitha $520,965
Previous Owner Gutt Patrice $330,523
Previous Owner Gutt Patrice $328,932
Previous Owner Dubois Derrell $220,924
Previous Owner Lee Antonio $280,000
Previous Owner Akpata Osahon Mure $25,000
Previous Owner Lee Antonio $283,000
Previous Owner Lee Antonio $211,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $510,000 +2.2% --
03/29/2023 03/29/23 Price Changed $499,000 -5.7% --
03/17/2023 03/17/23 Price Changed $529,000 -1.9% --
02/13/2023 02/13/23 For Sale $539,000 +60.9% --
03/15/2019 03/15/19 Sold $335,000 +48.9% --
07/21/2015 07/21/15 Sold $225,000 -- --
Source: All Jersey MLS

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 $10,234 $87,300 $19,400 $67,900
2023 $10,234 $87,300 $19,400 $67,900
2022 $9,971 $87,300 $19,400 $67,900
2021 $8,731 $77,100 $19,400 $57,700
2020 $8,464 $77,100 $19,400 $57,700
2019 $8,027 $74,000 $19,400 $54,600
2018 $7,770 $74,000 $19,400 $54,600
2017 $7,629 $74,000 $19,400 $54,600
2016 $7,567 $74,000 $19,400 $54,600
2015 $7,439 $74,000 $19,400 $54,600
2014 $7,280 $74,000 $19,400 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2350803M

All Jersey MLS

APN: 25-00782-0000-00018