NOT LISTED FOR SALE

37 Pitman Ave Ocean Grove, NJ 07756

Estimated Value: $1,124,000 - $1,375,000

4 Beds
2 Baths
2,268 Sq Ft
$574/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $1,380,000 $608 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,651/month

1 Day on Market

Highlights

  • Ocean View
  • Forced Air Heating and Cooling System
  • 3-minute walk to Greenleaf Park
  • Tankless Water Heater

About This Home

As of February 2024

Fantastic opportunity to own this renovated two family on the SECOND BEACH BLOCK in Quaint Ocean Grove.This has been a labor of love and has been renovated over a period of a few years. The house has transformed into one main house and an income producing 1 bedroom apartment around back. This house has enough room for all! Enter into the large open and airy living room with electric fireplace, game nook, beautifully renovated kitchen with large island for gatherings, and renovated bath. Upstairs you will be surprised when you find a master bedroom with en suite and master kitchen with access to the large second floor porch. Three more bedrooms and full bath finish off second floor . Finished basement is a great space for a man cave, teen hang out, work out room, etc. and has a Laundry room, full bath and access to outside. The income producing 1 bedroom apartment is adorable! Can be used for income or overflow from front house. Don't wait

Last Agent to Sell the Property

Michelle Green

Jack Green Realty License #1110702 Listed on: 12/20/2023

Jack Green Realty

Co-Listed By

Jack Green

Jack Green Realty License #0902169

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,768

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 57

Home Design

  • Duplex

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Neptune Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00144-0000-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,768

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 2582
  • Co List Office Phone: 732-776-6400
  • Subdivision Name: Ocean Grove
  • Year Built: 1940
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 57
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Exterior Ocean View: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Stories: 2
  • Basement Finished: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Ocean View

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 57
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00144-0000-00020
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16768.0
  • Tax Other Annual Assessment Amount: 945200.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2000
Sold by
Ungar Jadwiga
Bought by
Jansen Mary
Current Estimated Value
$1,302,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.81%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Jansen Mary $238,860 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradiso Robert J $880,000
Closed Jansen Mary Ann $528,800
Closed Jansen Mary Ann $423,000
Closed Jansen Mary $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $1,380,000 -1.4% $608 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $1,399,000 0.0% $617 / Sq Ft
10/20/2014 10/20/14 Rented $8,050 -43.7% --
07/05/2014 07/05/14 Rented $14,300 +921.4% --
09/11/2012 09/11/12 Rented $1,400 -- --
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 $16,768 $1,161,600 $606,300 $555,300
2023 $16,768 $945,200 $649,200 $296,000
2022 $14,628 $712,100 $436,600 $275,500
2021 $13,217 $704,300 $492,500 $211,800
2020 $14,453 $693,200 $492,500 $200,700
2019 $13,217 $625,500 $412,500 $213,000
2018 $13,320 $623,900 $412,500 $211,400
2017 $13,149 $590,700 $395,000 $195,700
2016 $13,103 $587,600 $395,000 $192,600
2015 $12,768 $583,000 $395,000 $188,000
2014 $12,478 $468,200 $270,000 $198,200
Source: Public Records

Agents Affiliated with this Home

  • Michelle Green

    Seller's Agent in 2024

    Michelle Green

    Jack Green Realty

    (908) 433-3074

    55 in this area

    87 Total Sales

    Michelle Green
    Section Image
  • Jack Green

    Seller Co-Listing Agent in 2024

    Jack Green

    Jack Green Realty

    (732) 832-9685

    48 in this area

    73 Total Sales

    Jack Green
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2024

    NON MEMBER MORR

    NON MEMBER

  • E

    Buyer's Agent in 2014

    Elizabeth Vitale

    The Mary Holder Agency

  • V

    Buyer's Agent in 2014

    Valerie Green

    Jack Green Realty LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334173

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00144-0000-00020

New Jersey Monmouth County Ocean Grove 07756

37 Pitman Ave, Ocean Grove, NJ

This home is located at 37 Pitman Ave, Ocean Grove, NJ 07756 since 20 December 2023 and is currently estimated at $1,302,204, approximately $574 per square foot. This property was built in 1940. 37 Pitman Ave 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.

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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