NOT LISTED FOR SALE

406 Central Ave Union Beach, NJ 07735

Estimated Value: $543,000 - $584,000

0.21 Acre
$2,699,961 Price per Acre
9,017 Sq Ft Lot

Last Sold March 04, 2016

Last sale price $82,500 $49 Per Sq Ft

Est. 577% increase in value since last sale

Current estimated payment $3,812/month

About This Lot

As of March 2016

This home is located at 406 Central Ave, Union Beach, NJ 07735 since 04 March 2016 and is currently estimated at $558,892, approximately $332 per square foot. 406 Central Ave is a home located in Monmouth County with nearby schools including Memorial School and Baytul-Iman Academy.

Last Agent to Sell the Property

FRANK J REALI JR

SAFARI REALTY Brokerage Phone: 732-409-0700 Listed on: 03/04/2016

Last Buyer's Agent

FRANK J REALI JR

SAFARI REALTY Brokerage Phone: 732-409-0700 Listed on: 03/04/2016

Property Details

Property Type

Land

Est. Annual Taxes

$9,260

Lot Details

0

Listing Details

  • County Name: Monmouth
  • I D: 4560898
  • Modified: 2017-03-05
  • Attribution Contact: 732-409-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Ferraro Arlena and Estate Of Guy F Ferraro
Bought by
Ferraro Arlena
Current Estimated Value
$558,892

Purchase Details

Closed on
Nov 29, 2016
Sold by
New Prospect Builders
Bought by
Ferraro Guy and Ferraro Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$130,191
Interest Rate
4.03%
Estimated Equity
$405,775

Purchase Details

Closed on
Sep 13, 2016
Sold by
New Prospect Llc
Bought by
New Prospect Builders Llc

Purchase Details

Listed on
Mar 4, 2016
Closed on
Mar 7, 2016
Sold by
Desooky Abdel A
Bought by
New Prospect Llc
Seller's Agent
FRANK J REALI JR
SAFARI REALTY
Buyer's Agent
FRANK J REALI JR
SAFARI REALTY
Sold Price
$82,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.80%
Interest Rate
3.64%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Fannie Mae
Bought by
Desooky Abdel Aziz

Purchase Details

Closed on
Oct 10, 2013
Sold by
Cordaro Leonard J and Cordaro Alison
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Givens Ronald A and Givens Rita M
Bought by
Cordaro Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ferraro Arlena -- None Available
Ferraro Guy -- --
New Prospect Builders Llc -- None Available
New Prospect Llc $82,500 --
Desooky Abdel Aziz $72,975 American Home Title Agency
Federal National Mortgage Association $227,481 None Available
Cordaro Leonard J $300,000 Century-Inter County Title A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Prospect Llc $155,000
Closed New Prospect Llc --
Previous Owner New Prospect Llc --
Previous Owner Cordaro Leonard J $243,000
Previous Owner Cordaro Leonard J $240,000
Previous Owner Givens Ronald A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $82,500 -- $49 / Sq Ft
Source: Garden State 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
2025 $9,260 $499,800 $216,200 $283,600
2024 $8,626 $449,100 $179,300 $269,800
2023 $8,626 $403,100 $155,900 $247,200
2022 $7,709 $349,200 $124,700 $224,500
2021 $7,709 $314,000 $113,400 $200,600
2020 $7,495 $297,900 $110,300 $187,600
2019 $5,589 $216,700 $105,000 $111,700
2018 $5,468 $203,800 $95,500 $108,300
2017 $4,491 $160,900 $81,000 $79,900
2016 $4,607 $165,200 $86,800 $78,400
2015 $5,935 $216,700 $95,000 $121,700
2014 $7,488 $225,400 $82,400 $143,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    FRANK J REALI JR

    SAFARI REALTY

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Map

Source: Garden State MLS

MLS Number: 3246528

Garden State MLS

APN: 50-00157-0000-00002

New Jersey Monmouth County Union Beach 07735

406 Central Ave, Union Beach, NJ

This home is located at 406 Central Ave, Union Beach, NJ 07735 since 04 March 2016 and is currently estimated at $558,892, approximately $332 per square foot. 406 Central Ave is a home located in Monmouth County with nearby schools including Memorial School and Baytul-Iman Academy.

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