$445,000
SOLD JAN 16, 2025

371 Prospect Ave Avenel, NJ 07001

3 Beds
2 Baths
1,109 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$401 Per Sq Ft

7% Below List Price

26 Days on Market

Highlights

  • 0.23 Acre Lot
  • Property is near public transit
  • Laundry Room
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of January 2025

Great home in desirable neighborhood, House offers 2 beds and full bath on first floor, Enlarged master bedroom. Large kitchen with eating area, Sunroom, 1bed and full bath on 2nd floor. House features replaced roof, siding, boiler and water heater. Laminate floor through-out first floor. Newer kitchen with SS appliances . Deep lot. Close to NY train station. Very motivated seller.

Last Agent to Sell the Property

Mahmoud Hamza

HOME ACCESS REALTY Listed on: 10/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1947

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Property is zoned R-7.5

Parking

  • Open Parking

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,109 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • Demorest On The Hilltops Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2296
  • Lot Size: 50X200
  • Ownership: Fee Simple
  • Subdivision Name: Demorest-On-The-Hilltops
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: 2 Bedrooms, Bath Full, Unfinished/Other Room, Kitchen, Laundry Room, Other Room(s), 1 Bedroom, None
  • Living Area: 1109
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Car Width

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 10001
  • Zoning: R-7.5

Tax Info

  • Tax Annual Amount: 7022
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 27, 2024
Sold by
Mcrae Paul
Bought by
Cordero Miguel E Ortiz and Ortiz Leticia I
Seller's Agent
Mahmoud Hamza
HOME ACCESS REALTY
List Price
$479,000
Sold Price
$445,000
Premium/Discount to List
-$34,000
-7.1%
Views
112
Current Estimated Value
$448,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,410
Avg. Annual Appreciation
-0.80%
Original Mortgage
$422,750
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Mcrae Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2010
Sold by
Gehrke Alan E and Gehrke Joanne
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.78%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Bargain Sale Deed $445,000 Stewart Title
Bargain Sale Deed $445,000 Stewart Title
Deed $160,000 Coastal Title Agency Inc
Sheriffs Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $422,750 New Conventional
Previous Owner $153,000 Adjustable Rate Mortgage/ARM
Previous Owner $144,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $445,000 -3.1% $401 / Sq Ft
10/30/2024 10/30/24 Price Changed $459,000 -4.2% $414 / Sq Ft
10/18/2024 10/18/24 For Sale $479,000 -- $432 / Sq Ft
Source: All Jersey MLS

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 $7,022 $59,900 $20,200 $39,700
2023 $7,022 $59,900 $20,200 $39,700
2022 $6,842 $59,900 $20,200 $39,700
2021 $6,365 $59,900 $20,200 $39,700
2020 $6,576 $59,900 $20,200 $39,700
2019 $6,497 $59,900 $20,200 $39,700
2018 $6,290 $59,900 $20,200 $39,700
2017 $6,175 $59,900 $20,200 $39,700
2016 $6,125 $59,900 $20,200 $39,700
2015 $6,022 $59,900 $20,200 $39,700
2014 $5,893 $59,900 $20,200 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2560543M

All Jersey MLS

APN: 25-00776-01-00018