NOT LISTED FOR SALE

31 Atlantic Ave Unit 1E SPRING Ocean Grove, NJ 07756

Neptune Neighborhood

Estimated Value: $980,000 - $1,308,000

1 Bed
1 Bath
2,332 Sq Ft
$501/Sq Ft Est. Value

About This Home

SPRING RENTAL - This one-bedroom, one bath apartment is located in a clean, quiet buiilding just 2 blocks from the beach in Ocean Grove and just 1 block to the footbridge to Asbury Park. Available late March to late May at $1750 per month, inc utilities. Fully furnished with everything you need to enjoy SPRING by the Beach. Great for travel nurse, transitional housing and just a getaway. Living room with sofabed and SMART TV, WIFI, sleeping area with queen bed, good closets, fully stocked kitchen and full bathroom with tub/shower. $1000 refundable sec deposit and $150 cleaning fee. 1 dog considered with pet rent. Must be non smoker.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Ocean Grove Associates Llc
Bought by
Macdonald Petra
Current Estimated Value
$1,169,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.62%

Purchase Details

Closed on
Dec 12, 1996
Sold by
Bates Cristopher
Bought by
Busch Alfred and Busch Dorothy

Purchase Details

Closed on
Oct 6, 1994
Sold by
Lang Steven
Bought by
Bates Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
8.43%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Macdonald Petra $729,000 --
Busch Alfred $140,000 --
Bates Christopher $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Nigel $460,500
Closed Macdonald Petra $410,000
Closed Macdonald Petra --
Closed Ross Macdonald Petra $410,000
Previous Owner Ocean Grove Associates Llc $500,000
Previous Owner Ocean Grove Associates Llc $20,000
Previous Owner Bates Christopher $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2023 03/25/23 Rented $3,850 +120.0% --
03/03/2023 03/03/23 For Rent $1,750 -- --

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 $17,318 $1,129,700 $609,300 $520,400
2023 $17,318 $976,200 $652,100 $324,100
2022 $15,648 $747,500 $439,000 $308,500
2021 $12,744 $753,400 $494,900 $258,500
2020 $15,425 $739,800 $494,900 $244,900
2019 $12,744 $603,100 $414,900 $188,200
2018 $12,846 $601,700 $414,900 $186,800
2017 $12,695 $570,300 $397,400 $172,900
2016 $12,657 $567,600 $397,400 $170,200
2015 $12,341 $563,500 $397,400 $166,100
2014 $11,875 $445,600 $272,400 $173,200
Source: Public Records

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