NOT LISTED FOR SALE

38 Johnson Ln Unit 40 Keansburg, NJ 07734

Estimated Value: $260,000

2 Beds
2 Baths
1,283 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $118,000 $92 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,023/month

25 Days on Market

Highlights

  • Air Conditioning
  • Storm Doors
  • Heating System Uses Natural Gas

About This Home

As of November 2014

This is truly a turnkey investor property. Two single family homes on one lot. Off street parking for both homes with each home having it's own brand new driveway with poured concrete walkway. Both long term tenants pay a combined monthly rental income of $2,575.00. Preferred rate flood zone, total cost is less than $700.00 per year. Both homes just recently underwent and passed all township inspections for certificate of occupancy. Excellent rate of return.

Last Agent to Sell the Property

Laura Castella

Coldwell Banker Realty Brokerage Phone: 917-922-4356 License #0902580 Listed on: 08/10/2014

Coldwell Banker Realty

Last Buyer's Agent

Gary Thomson

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1938

Lot Details

  • 6,098

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Window Screens
  • Insulated Doors
  • Crawl Space
  • Storm Doors
  • Stove

Parking

  • 2 Parking Spaces
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Port Monmouth Rd Elementary School
  • J. R. Bolger Middle School
  • Keansburg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Lot Dimensions are 50x122

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, yard maintenance, snow removal, heat, gas, electricity
  • The owner pays for water, sewer, garbage removal
  • Assessor Parcel Number 00029000000007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 917-922-4356
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • Reso Interior Features: Cable TV
  • New Construction: No
  • Year Built: 1938
  • 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: 50X122
  • Location Middle School: J. R. Bolger
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingAluminum: Yes
  • Exterior Storm Door(s): Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior Insulated Doors2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Basement:Crawl Space: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Storm Door(s), Insulated Doors, Screens, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, Unpaved
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: J. R. Bolger

Lot Info

  • Lot Dimensions: 50X122
  • Parcel #: 00029000000007
  • Zoning Description: Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5198.0
  • Tax Other Annual Assessment Amount: 131800.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Port Monmouth Rd
  • High School: Keansburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Marchak Angela
Bought by
Marchak Angela and Marchak Sean
Current Estimated Value
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$155,869
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$104,131

Purchase Details

Listed on
Aug 10, 2014
Closed on
Nov 7, 2014
Sold by
Css Secured Lending Llc
Bought by
Marchak Angela
Seller's Agent
Laura Castella
Coldwell Banker Realty
Buyer's Agent
Gary Thomson
Gloria Nilson & Co. Real Estate
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$88,500
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2012
Sold by
Lafoe Allen
Bought by
Css Lending Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marchak Angela -- New Era Title & Setmnt Llc
Marchak Angela $118,000 Green Labal Title
Css Lending Llc $20,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchak Angela $175,000
Closed Marchak Angela $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $118,000 -- $92 / 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 $7,275 $320,200 $167,400 $152,800
2023 $7,275 $280,900 $120,300 $160,600
2022 $5,931 $256,400 $100,200 $156,200
2021 $5,931 $192,800 $66,500 $126,300
2020 $4,981 $124,300 $43,300 $81,000
2019 $4,822 $121,800 $41,300 $80,500
2018 $4,617 $118,100 $39,300 $78,800
2017 $4,159 $109,600 $42,300 $67,300
2016 $4,116 $112,900 $38,300 $74,600
2015 $4,060 $115,900 $43,300 $72,600
2014 $4,485 $131,800 $53,300 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21423612

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00029-0000-00007