$1,023,000 - $1,408,000
RENTED FEB 19, 2025

31 Atlantic Ave Unit 1W SUMMER Ocean Grove, NJ 07756

1 Bed
1 Bath
2,332 Sq Ft
$537 Price per Sq Ft

About This Home

SUMMER RENTALL - Comfortable first floor one-bedroom, one bath apartment with direct access to front porch. Close to beach, town and Asbury Park but easy on-street parking in the off-season. Living room with sofabed, SMART TV, wifi, fully stocked eat-in kitchen, bathroom with stall shower and bedroom with full size bed. Everything included - just bring your tooth brush. Quiet, well behaved dog welcomed too for additional pet rent! Full Season Rental (June 1- Sept 1) avail for $14,000. Monthly at $4000 for June, $5500 for July or August. 2 beach badges, beach chairs, A/C and wifi. $500 refundable security deposit and $150 exit cleaning fee. No smokers please.

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
$1,251,476

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
02/19/2025 02/19/25 Rented $14,000 +154.5% --
02/07/2025 02/07/25 Under Contract -- -- --
01/20/2025 01/20/25 For Rent $5,500 -59.3% --
03/26/2024 03/26/24 Rented $13,500 -6.9% --
03/08/2024 03/08/24 Under Contract -- -- --
01/12/2024 01/12/24 For Rent $14,500 +7.4% --
02/20/2023 02/20/23 Rented $13,500 0.0% --
01/13/2023 01/13/23 For Rent $13,500 +14.4% --
08/15/2021 08/15/21 Rented $11,800 +883.3% --
08/08/2021 08/08/21 Price Changed $1,200 -20.0% --
06/29/2021 06/29/21 Price Changed $1,500 +25.0% --
06/08/2021 06/08/21 Price Changed $1,200 -73.3% --
01/07/2021 01/07/21 For Rent $4,500 -67.9% --
03/09/2020 03/09/20 Rented $14,000 +366.7% --
01/06/2020 01/06/20 For Rent $3,000 -- --

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

Agents Affiliated with this Home

  • Michele DeRose

    Seller's Agent in 2025

    Michele DeRose

    RE/MAX

    (732) 682-6483

    15 in this area

    23 Total Sales

    Michele DeRose
    Section Image

  • J

    Buyer's Agent in 2025

    Janet Manni

    RE/MAX

    (732) 208-6399

    21 in this area

    43 Total Sales

    Janet Manni
    Section Image
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Map

New Jersey Monmouth County Ocean Grove 07756

31 Atlantic Ave Unit 1W SUMMER, Ocean Grove, NJ

This home is located at 31 Atlantic Ave Unit 1W SUMMER, Ocean Grove, NJ 07756 and is currently estimated at $1,251,476, approximately $536 per square foot. 31 Atlantic Ave Unit 1W SUMMER is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter 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.

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