NOT LISTED FOR SALE

324 Myrtle Ave Neptune, NJ 07753

Estimated Value: $425,000 - $552,000

6 Beds
2 Baths
1,584 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $490,000 $309 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,355/month

113 Days on Market

About This Home

As of April 2024

Legal 2-Family house. HANDYMAN SPECIAL. Two 3-BR Apartments. The first floor 3-bedroom apartment needs total restoration. The second-floor, 3-bedroom apartment has been restored and is rented to a very good tenant. Tenant is on Section 8 and pays $1,500 per month. Financials will be provided upon request. Listing agent is also the owner of this property.

Last Agent to Sell the Property

Patrick Schiavino

Sackman Realty License #8632233 Listed on: 03/04/2024

Sackman Realty

Last Buyer's Agent

Mordechai Friedman

Platinum Commercial Real Estate Group License #2437406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48 x 135

Home Design

  • Duplex

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Furnace
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All tenant's property is excluded
  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 35-00602-0000-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,331

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Year Built: 1928
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 48 x 135
  • Location Middle School: Neptune
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Exclusions: All tenant's property is excluded

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 48 x 135
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00602-0000-00010
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7331.0
  • Tax Other Annual Assessment Amount: 405900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 15, 2024
Sold by
Schiavino Patrick A
Bought by
Asbury Jersey Llc
Seller's Agent
Patrick Schiavino
Sackman Realty
Buyer's Agent
Mordechai Friedman
Platinum Commercial Real Estate Group
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
61
Current Estimated Value
$507,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,461
Avg. Annual Appreciation
2.50%
Original Mortgage
$437,500
Interest Rate
6.87%
Mortgage Type
Construction
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
Asbury Jersey Llc $490,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Asbury Jersey Llc $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $490,000 -1.8% $309 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $499,000 0.0% $315 / Sq Ft
03/04/2024 03/04/24 For Sale $499,000 +25.1% $315 / Sq Ft
12/28/2023 12/28/23 Off Market $399,000 -- --
12/27/2023 12/27/23 For Sale $399,000 0.0% $252 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $399,000 -- $252 / 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
2025 $7,969 $494,200 $198,100 $296,100
2024 $7,331 $455,100 $169,800 $285,300
2023 $7,331 $405,900 $127,300 $278,600
2022 $4,456 $315,400 $82,800 $232,600
2021 $3,805 $210,900 $68,800 $142,100
2020 $3,967 $187,300 $52,600 $134,700
2019 $3,805 $177,400 $51,900 $125,500
2018 $3,828 $176,400 $51,900 $124,500
2017 $3,777 $167,200 $51,900 $115,300
2016 $3,746 $165,400 $51,900 $113,500
2015 $3,621 $162,600 $51,900 $110,700
2014 $3,340 $123,300 $41,400 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22333192

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00602-0000-00010