NOT LISTED FOR SALE

31 Atlantic Ave Unit 2W Summer Ocean Grove, NJ 07756

Estimated Value: $1,023,000 - $1,318,000

1 Bed
1 Bath
2,332 Sq Ft
$493/Sq Ft Est. Value

About This Home

FULL SUMMER RENTAL. Looking for some quiet outdoor space and a great location near the beach? This comfortable and quiet second floor, 1 bedroom/1 bath unit might be perfect for you for SUMMER 2023. Ideal for a single or couple for their summer getaway spot. Building is located less than 2 blocks from the beach and a block from the footbridge to Asbury Park and Founders Park. Fully furnished with king bed, large closet, cozy living room with SMART TV, bathroom with clawfoot tub/shower, fully stocked eat-in kitchen & pantry. $14500 for May 25 to Sept 5. No smoking/vaping/ candles on property. Wifi, A/C, 2 beach badges, beach chairs and 1 umbrella. No laundry on property. 1 pet may be considered with pet rent. $500 refundable sec dep, $200 cleaning fee.

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
$1,150,422

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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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
11/10/2022 11/10/22 Rented $14,500 0.0% --
10/28/2022 10/28/22 For Rent $14,500 +7.4% --
03/25/2022 03/25/22 Rented $13,500 0.0% --
11/15/2021 11/15/21 For Rent $13,500 +125.0% --
05/29/2020 05/29/20 Rented $6,000 +100.0% --
05/26/2020 05/26/20 Under Contract -- -- --
05/24/2020 05/24/20 Price Changed $3,000 -90.0% --
05/24/2020 05/24/20 For Rent $30,000 -- --

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 2022

    Michele DeRose

    RE/MAX

    (732) 682-6483

    15 in this area

    23 Total Sales

    Michele DeRose
    Section Image
  • Roberto Suarez

    Buyer's Agent in 2022

    Roberto Suarez

    Heritage House Sotheby's International Realty

    (732) 241-3596

    19 Total Sales

    Roberto Suarez
    Section Image
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Map

New Jersey Monmouth County Ocean Grove 07756

31 Atlantic Ave Unit 2W Summer, Ocean Grove, NJ

This home is located at 31 Atlantic Ave Unit 2W Summer, Ocean Grove, NJ 07756 and is currently estimated at $1,150,422, approximately $493 per square foot. 31 Atlantic Ave Unit 2W 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.

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