NOT LISTED FOR SALE

40 Central Ave Unit 3rd Floor Ocean Grove, NJ 07756

Estimated Value: $1,206,000 - $1,420,867

2 Beds
1 Bath
-- Sq Ft
1,786 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Heating System Uses Natural Gas
  • 3-minute walk to Greenleaf Park
  • Wood Flooring
  • 1-Story Property

About This Home

As of May 2020

ANNUAL RENTAL located just 2 BLOCKS TO THE BEACH. This third floor apartment has 2 bedrooms and 1 bath and is located in historic Ocean Grove. Close to downtown Main Ave shopping or cross the footbridge to Cookman Ave and enjoy the great restaurants and night life in Asbury Park. Utilities fee is $150/month. Sorry no pets or smokers.

Last Agent to Rent the Property

Mark Pasch

Pasch Real Estate License #1222792 Listed on: 02/05/2020

Last Renter's Agent

Mark Pasch

Pasch Real Estate License #1222792 Listed on: 02/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,394

Year Built

  • Built in 1890

Lot Details

  • 1,786

Home Design

  • Triplex
  • Colonial Architecture

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $2,475
  • Property Available on 2/15/20
  • Assessor Parcel Number 35-00147-0000-00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,394

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Available Date: 2020-02-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Subdivision Name: Ocean Grove
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Year Built: 1890
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2020-02-15
  • Maintenance Fees Security Deposit3: 2475.0
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00147-0000-00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Sullivan Doris A
Bought by
Schementi Michael and Schementi Joanne E
Current Estimated Value
$1,317,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2000
Sold by
Juliano Annette
Bought by
Sullivan Doris
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
Schementi Michael $655,000 None Available
Sullivan Doris $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Laura $880,000
Closed Sonsev Veronika $555,000
Closed Schementi Michael $458,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Rented $20,400 +1260.0% --
04/07/2020 04/07/20 Under Contract -- -- --
02/05/2020 02/05/20 For Rent $1,500 -91.7% --
10/16/2019 10/16/19 Rented $18,000 +3.4% --
04/25/2018 04/25/18 Rented $17,400 -- --
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 $20,394 $1,189,100 $606,300 $582,800
2023 $20,394 $1,149,600 $649,200 $500,400
2022 $16,687 $841,000 $436,600 $404,400
2021 $13,997 $803,400 $492,500 $310,900
2020 $16,413 $787,200 $492,500 $294,700
2019 $13,997 $662,400 $412,500 $249,900
2018 $14,102 $660,500 $412,500 $248,000
2017 $13,429 $603,300 $395,000 $208,300
2016 $16,279 $730,000 $395,000 $335,000
2015 $15,810 $721,900 $395,000 $326,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22004875

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00147-0000-00022