NOT LISTED FOR SALE

309 Hume St Allenhurst, NJ 07711

Estimated Value: $1,128,000 - $1,652,000

8 Beds
4.5 Baths
2,226 Sq Ft
$659/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $530,000 $238 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $8,594/month

57 Days on Market

About This Home

As of October 2015

Ideal for an investor this property consists of 4 units. The main house (Unit 4) features 2 bedrooms, 1.5 baths and newer kitchen appliances, new roofs on all buildings and all windows have been replaced except garage apt. Two spacious apts. (Units 1 & 2) are separate from the house and are situated on the rear of the lot; each has 2 bedrooms and feature newer kitchens. Unit 3 is a 1 bedroom garage apt. Conveniently located near the heart of town and is just blocks to the train station. This an Estate Sale and the property in its entirety is being sold strictly AS IS. Lock-box w/24 hours notice, as certain units are occupied. Separate meters for gas & electric. 1 HW heater. LL pays water & sewer, tenants pay other utilities. Windows replaced except garage apt. New roof all buildings.

Last Agent to Sell the Property

DIANE WEST

Berkshire Hathaway HomeServices Fox & Roach - Ocean License #0228944 Listed on: 06/08/2015

Berkshire Hathaway HomeServices Fox & Roach - Ocean

Last Buyer's Agent

Richard Nagel

RE/MAX Elite License #7937272

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1907

Lot Details

  • 6,708

Parking

  • 2 Car Garage

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $27,000

Listing and Financial Details

  • Assessor Parcel Number 02-00018-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1907
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Income Expenses Gross Income2: 27000.0
  • Unit 1 Gas Stove: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 4 Water Heater4: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 4 Dryer11: Yes
  • Unit 4 Washer10: Yes
  • Unit 4 Dishwasher11: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Property

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 02-00018-0000-00011

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3896.0
  • Tax Other Annual Assessment Amount: 487800.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Matsas Rachel Muriel
Bought by
Ironclad Realty Inc
Current Estimated Value
$1,466,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Outstanding Balance
$1,086,545
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$320,216

Purchase Details

Closed on
May 10, 2024
Sold by
Policastro Jennifer and Drake Jennifer
Bought by
Matsas Rachel Muriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2024
Sold by
Policastro James R and Policastro Jennifer
Bought by
Drake Jennifer

Purchase Details

Listed on
Jun 8, 2015
Closed on
Sep 25, 2015
Sold by
Napolitani Margaret
Bought by
Policastro James R and Drake Policastro Jennifer
Seller's Agent
DIANE WEST
Berkshire Hathaway HomeServices Fox & Roach - Ocean
Buyer's Agent
Richard Nagel
RE/MAX Elite
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$330,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Ironclad Realty Inc -- Old Republic National Title In
Matsas Rachel Muriel $1,400,000 Security Title
Drake Jennifer -- Trident Abstract Title
Policastro James R $530,000 Trident Abstract Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ironclad Realty Inc $1,087,500
Previous Owner Matsas Rachel Muriel $1,050,000
Previous Owner Policastro James R $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $530,000 -- $238 / 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 $6,775 $1,653,000 $1,387,500 $265,500
2023 $6,775 $1,085,800 $873,100 $212,700
2022 $5,528 $836,800 $647,000 $189,800
2021 $4,740 $730,200 $561,300 $168,900
2020 $5,130 $648,500 $479,600 $168,900
2019 $4,740 $596,200 $428,200 $168,000
2018 $4,397 $552,400 $428,200 $124,200
2017 $4,244 $545,500 $428,200 $117,300
2016 $4,597 $552,500 $393,100 $159,400
2015 $4,571 $495,800 $351,000 $144,800
2014 $3,896 $487,800 $319,200 $168,600
Source: Public Records

Agents Affiliated with this Home

  • DIANE WEST

    Seller's Agent in 2015

    DIANE WEST

    Berkshire Hathaway HomeServices Fox & Roach - Ocean

    (732) 996-4851

    20 Total Sales

    Section Image
  • Richard Nagel

    Buyer's Agent in 2015

    Richard Nagel

    RE/MAX

    (732) 820-1425

    159 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21522482

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00018-0000-00011

New Jersey Monmouth County Allenhurst 07711

309 Hume St, Allenhurst, NJ

This home is located at 309 Hume St, Allenhurst, NJ 07711 since 08 June 2015 and is currently estimated at $1,466,574, approximately $658 per square foot. This property was built in 1907. 309 Hume St is a home located in Monmouth County with nearby schools including Hope Academy Charter School, St. Mary of the Assumption 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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