$435,000
SOLD AUG 15, 2016

31 Abbott Ave Ocean Grove, NJ 07756

-- Bed
-- Bath
1,867 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

20 Days on Market

Highlights

  • Ocean View
  • Attic
  • Fenced
  • Wood Flooring
  • Balcony
  • 1-minute walk to Ocean Grove Park

About This Home

As of November 2024

KEY 2 WORDS: OCEAN VIEW, BEACH BLOCKS, SOUTH SUN, OPEN PORCHES, WELCOME INCOME, HISTORIC TOWN, CALL TODAY!because this Three Family Home located 1 1/2 blocks to the oceanfront with open porches and historic charm will adapt itself to Your lifestyles as an investment, owner occupied vacation and year round home, and accomodate future plans,e.g. apt. with in law suite or gracious single family home. Take a look! Consider the possibilities with one constant intact: Its Prime Location within the first two Beach Blocks in Ocean Grove.

Last Agent to Sell the Property

Karen Pentz

James J. Pentz, REALTORS License #8241299 Listed on: 06/08/2016

Last Buyer's Agent

Laura Massaro

RE/MAX Gateway License #1005437

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,679

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 30 x 64
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Ocean Views
  • Stove
  • Attic

Flooring

  • Wood
  • Laminate

Basement

  • Walk-Out Basement
  • Partial Basement
  • Dirt Floor

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Apartment 3-all lighting fixtures belong to tenant
  • The owner pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 35-00231-0000-00018

Community Details

Overview

  • 3 Units
  • Ocean Grove Subdivision

Building Details

  • Electric Expense $1,272
  • Fuel Expense $1,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,679

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: See Remarks, Other
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Wood, Laminate
  • Reso Interior Features: Attic, Balcony
  • Year Built: 1900
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 64
  • Location Middle School: Neptune
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Siding Shingle: Yes
  • Exterior Ocean View: Yes
  • Floors Laminate2: Yes
  • Income Expenses Electric Expense: 1272.0
  • Unit 1 Gas Stove: Yes
  • Income Expenses Gas Expense: 1308.0
  • Special Features: None

Interior Features

  • Basement: Dirt Floor, Walk-Out Access, Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Apartment 3-all lighting fixtures belong to tenant
  • Construction Type: Shingle Siding
  • Exterior Features: Fence, Ocean View, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 64
  • Parcel #: 35-00231-0000-00018
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11679.0
  • Tax Other Annual Assessment Amount: 533300.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1272.0

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2007
Sold by
Declerk Richard and Declerk Nancy
Bought by
Mildner Robert
Current Estimated Value
$965,396

Purchase Details

Closed on
May 17, 1995
Sold by
Montague Franziska
Bought by
Williams Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.34%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Bargain Sale Deed $250,000 Transnation Title Ins Co
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $799,999 New Conventional
Previous Owner $35,000 Commercial
Previous Owner $68,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $991,999 -8.9% $539 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/24/2024 08/24/24 For Sale $1,089,000 +150.3% $591 / Sq Ft
08/15/2016 08/15/16 Sold $435,000 -- $233 / 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 $13,575 $862,300 $678,500 $183,800
2024 $13,621 $789,700 $609,300 $180,400
2023 $13,621 $767,800 $652,100 $115,700
2022 $13,287 $627,300 $439,000 $188,300
2021 $13,287 $639,700 $494,900 $144,800
2020 $13,179 $632,100 $494,900 $137,200
2019 $11,486 $543,600 $414,900 $128,700
2018 $11,420 $534,900 $414,900 $120,000
2017 $9,683 $435,000 $323,900 $111,100
2016 $11,966 $536,600 $397,400 $139,200
2015 $11,679 $533,300 $397,400 $135,900
2014 $10,372 $389,200 $272,400 $116,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21622740

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00231-0000-00018