40 Central Ave Ocean Grove, NJ 07756
Neptune Neighborhood
5
Beds
4
Baths
3,000
Sq Ft
1,742
Sq Ft Lot
Highlights
- Multiple cooling system units
- Zoned Heating and Cooling System
- 3-minute walk to Greenleaf Park
About This Home
As of May 2024This Grand Victorian three family home is comprised of a separate residence on each of three floors, each home with separate washer and dryer on each floor. 1st floor is a large 1 bed 1 bath with front porch & central A/C, 2nd floor is a 2 bed with 2 full baths, and 3rd is a 2 bed 1 full bath. 2nd floor can be delivered vacant or with Summer tenant. Recent renovations include updated kitchens and new W/D in 2 units. Located two blocks to the beach and a block to shops and restaurants in Ocean Grove, you will also enjoy easy access to all the restaurants, shops, and music venues up the boardwalk in Asbury Park.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,394
Year Built
- Built in 1890
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 30 x 59
Parking
- On-Street Parking
Home Design
- Triplex
Interior Spaces
- 3,000 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Schools
- Neptune Middle School
Utilities
- Multiple cooling system units
- Zoned Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 35-00147-0000-00022
Community Details
Overview
- 3 Units
- Ocean Grove Subdivision
Building Details
- Electric Expense $2,418
- Fuel Expense $1,988
- Water Sewer Expense $630
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $1,100,000 | 0.0% | $367 / Sq Ft |
| 03/25/2024 03/25/24 | Pending | -- | -- | -- |
| 02/25/2024 02/25/24 | For Sale | $1,100,000 | +48.6% | $367 / Sq Ft |
| 09/25/2020 09/25/20 | Sold | $740,000 | -5.0% | $256 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 07/02/2020 07/02/20 | For Sale | $779,000 | +18.9% | $269 / Sq Ft |
| 08/11/2017 08/11/17 | Sold | $655,000 | -- | $221 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $880,000 | New Conventional | |
| Closed | $555,000 | New Conventional | |
| Closed | $458,500 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $655,000 | None Available | |
| Deed | $285,000 | -- |
Source: Public Records
Similar Home in the area
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22404558
APN: 35-00147-0000-00022
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