NOT LISTED FOR SALE

32 Oakland St Unit 34 Red Bank, NJ 07701

Estimated Value: $938,991 - $1,320,000

1 Bed
1 Bath
2,539 Sq Ft
$445/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $599,000 $236 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,284/month

48 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Level Lot
  • Red Bank Reg High School Rated A
  • Forced Air Heating System

About This Home

As of February 2017

Great location, only 1.5 Blocks to Train Station & around the corner from the Count Basie Theater! 4 residential apartments and a separate 479 SF office. Tenats pay all utilities!

Last Agent to Sell the Property

James Giannell

New Markets Realty Inc License #7844904 Listed on: 08/27/2016

Last Buyer's Agent

Brenda Schofield

Diane Turton, Realtors-Holmdel License #7866198

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,053

Lot Details

  • Lot Dimensions are 60x105x105x60
  • Level Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Thermal Windows
  • Window Screens
  • Wood Flooring
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Parking

  • 5 Parking Spaces
  • No Garage
  • Assigned Parking

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water, sewer, heat, gas, electricity
  • The owner pays for yard maintenance
  • Assessor Parcel Number 00043-0000-00018

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $3,400
  • Maintenance Expense $2,700
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,053

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Level
  • Income And Expenses Maintenance Expense: 2700.0
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • New Construction: No
  • 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: 60x105x105x60
  • Location Middle School: Red Bank
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • General Property Info # Parking Spaces: 5.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 3400.0
  • Income Expenses Gross Income2: 64800.0
  • Unit 2 Water Meter2: Yes
  • Unit 3 Furnace3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Water Heater4: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 3 Dishwasher2: Yes
  • Unit 4 Dishwasher11: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: No
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Thermal Window, Part Storm, Screens

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned
  • Total Parking Spaces: 5.0
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 60x105x105x60
  • Parcel #: 00043-0000-00018
  • Zoning Description: Professional

Rental Info

  • Tenant Pays: Hot Water, Sewer, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11053.0
  • Tax Other Annual Assessment Amount: 503400.0

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 64800.0
  • Insurance Expense: 3400.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2016
Closed on
Mar 17, 2017
Sold by
Factors Associates Llp and Stanul Maureen Stanul
Bought by
Black River Properties Ll C
Seller's Agent
James Giannell
New Markets Realty Inc
Buyer's Agent
Brenda Schofield
Diane Turton, Realtors-Holmdel
Sold Price
$599,000
Current Estimated Value
$1,129,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,496
Avg. Annual Appreciation
7.61%
Interest Rate
4.3%

Purchase Details

Closed on
Sep 12, 2003
Sold by
Mccullough Fred
Bought by
Factors Associates Llp
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
Black River Properties Ll C $599,000 --
Factors Associates Llp $432,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Black River Properties Ll C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $599,000 0.0% $236 / Sq Ft
10/22/2016 10/22/16 Rented $1,300 +13.0% --
04/07/2016 04/07/16 Rented $1,150 -- --
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 $15,546 $925,200 $343,000 $582,200
2024 $15,452 $823,000 $304,600 $518,400
2023 $15,452 $808,600 $304,600 $504,000
2022 $15,109 $765,800 $283,400 $482,400
2021 $15,109 $675,400 $236,200 $439,200
2020 $14,473 $637,000 $236,200 $400,800
2019 $13,116 $593,200 $236,200 $357,000
2018 $12,682 $579,900 $236,200 $343,700
2017 $10,772 $510,500 $236,200 $274,300
2016 $10,607 $503,400 $236,200 $267,200
2015 $11,053 $543,700 $336,200 $207,500
2014 $10,401 $543,700 $336,200 $207,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Giannell

    New Markets Realty Inc

    Section Image

  • B

    Buyer's Agent in 2017

    Brenda Schofield

    Diane Turton, Realtors-Holmdel

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21633862

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00043-0000-00018

New Jersey Monmouth County Red Bank 07701

32 Oakland St Unit 34, Red Bank, NJ

This home is located at 32 Oakland St Unit 34, Red Bank, NJ 07701 since 27 August 2016 and is currently estimated at $1,129,496, approximately $444 per square foot. 32 Oakland St Unit 34 is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High 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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