NOT LISTED FOR SALE

311 Bay Ave Highlands, NJ 07732

Estimated Value: $501,417

-- Bed
-- Bath
3,700 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $365,000 $99 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,339/month

12 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Steam
  • 1-minute walk to Huddy Park
  • 1 Car Garage

About This Home

As of July 2021

This home is located at 311 Bay Ave, Highlands, NJ 07732 since 28 April 2021 and is currently estimated at $501,417, approximately $135 per square foot. This property was built in 1900. 311 Bay Ave is a home located in Monmouth County with nearby schools including Highlands Elementary School, Henry Hudson Regional School, and Holy Cross School.

Last Agent to Sell the Property

Eric Layton

Layton & Miele Realty License #9480360 Listed on: 04/28/2021

Co-Listed By

Ricky Miele

Layton & Miele Realty

Last Buyer's Agent

Eric Layton

C21/ Showcase

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,789

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 54 x 71

Parking

  • 1 Car Garage

Home Design

  • 3,700 Sq Ft Home
  • Duplex
  • Slab Foundation

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 19-00088-0000-00001-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,789

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 1134
  • Co List Office Phone: 732-245-0590
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1900
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 54 x 71
  • Location Middle School: Henry Hudson Reg
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Basement:Slab: Yes

Exterior Features

  • Acres: 0.09
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 54 x 71
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 19-00088-0000-00001-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8789.0
  • Tax Other Annual Assessment Amount: 316300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Highlands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
John Caruso Realty Inc
Bought by
Jcs Holdings Llc
Current Estimated Value
$501,417

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 29, 2021
Sold by
Resch Allen and Resch Geraldine
Bought by
John Caruso Realty Inc
Seller's Agent
Eric Layton
Layton & Miele Realty
Buyer's Agent
Eric Layton
Layton & Miele Realty
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Jun 25, 2015
Sold by
Resch Allen P
Bought by
Resch Allen and Resch Geraldine

Purchase Details

Closed on
Sep 8, 1994
Sold by
Estate Margaret Cann
Bought by
Resch Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Jcs Holdings Llc -- Arbor Title Services
John Caruso Realty Inc $365,000 Old Republic Natl Ttl Ins Co
John Caruso Realty Inc $365,000 Old Republic Title
Resch Allen -- Attorney
Resch Allen $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Resch Allen $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $365,000 +4.3% $99 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $349,900 -- $95 / 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 $7,125 $371,300 $177,400 $193,900
2023 $7,125 $355,200 $161,300 $193,900
2022 $7,847 $328,600 $134,700 $193,900
2021 $7,847 $316,300 $122,400 $193,900
2020 $7,857 $316,300 $122,400 $193,900
2019 $8,789 $301,200 $122,400 $178,800
2018 $8,687 $298,300 $119,500 $178,800
2017 $8,749 $298,300 $119,500 $178,800
2016 $8,567 $298,300 $119,500 $178,800
2015 $8,633 $298,300 $119,500 $178,800
2014 $6,803 $244,700 $119,500 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Eric Layton

    Seller's Agent in 2021

    Eric Layton

    Layton & Miele Realty

    (732) 245-0590

    2 in this area

    10 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Ricky Miele

    Layton & Miele Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22112868

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00088-0000-00001-01

New Jersey Monmouth County Highlands 07732

311 Bay Ave, Highlands, NJ

This home is located at 311 Bay Ave, Highlands, NJ 07732 since 28 April 2021 and is currently estimated at $501,417, approximately $135 per square foot. This property was built in 1900. 311 Bay Ave is a home located in Monmouth County with nearby schools including Highlands Elementary School, Henry Hudson Regional School, and Holy Cross 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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