NOT LISTED FOR SALE

42 Abbott Ave Unit SUMMER WEEKLY Ocean Grove, NJ 07756

Estimated Value: $873,000

3 Beds
2 Baths
-- Sq Ft
1,786 Sq Ft Lot

Highlights

  • Wood Flooring
  • Great Room
  • Eat-In Kitchen
  • Furnished
  • Porch
  • 1-minute walk to Ocean Grove Park

About This Home

As of February 2023

SUMMER 2023 WEEKLY RENTAL. Spacious 3 bdrm/2 bath home close to beach & Fletcher Lake. Ideal property for extended family as it is set up as 2 units for privacy. Main area has large, open living room/full kitchen w/ dining table for 4, sofabed, 2 bdrms (1 w/ queen, 1 w/ queen & twin) & 1 bath + washer/dryer. Lower area is separated by privacy door & includes 1 bdrm w/queen bed, fully stocked kitchenette (no stove), small living rm w/sofa & private exterior first fl entrance. A/C, cable TV, wifi & 4 beach tags/supplies. Private front porch & grassy rear fenced yard space w/BBQ grill & patio table/chairs. $3,250 per week. Fri to Fri booking. Dog considered w/$150 pet rent. $500 sec dep & $250 cleaning fee. No smoking on property. AVAIL June 16-23. Inquire about Sept

Last Agent to Rent the Property

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 12/11/2022

RE/MAX Gateway

Last Renter's Agent

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 12/11/2022

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,253

Year Built

  • 1969

Lot Details

  • 1,786

Home Design

  • Split Level Home

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Patio
  • Outdoor Gas Grill
  • Porch

Schools

  • Neptune Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $500
  • Weekly Lease Term
  • Assessor Parcel Number 35-00245-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,253

Year Built

1969

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Dryer, Gas Grill
  • Subdivision Name: Ocean Grove
  • Architectural Style: Split Level
  • Reso Flooring: Tile, Wood
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Neptune
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Eat-In: Yes
  • Maintenance Fees Security Deposit3: 500.0
  • Lease Requirements Security Deposit4: Yes
  • Included Gas Grill: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 0
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Style Split Level: Yes
  • Special Features: None
  • Year Built (Public Record): 1969

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 3
  • Stories: 3
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Level Third39: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Patio, Porch - Open, Other

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
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: See Remarks, Other
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00245-0000-00011

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Bought by
Herusso Eileen
Current Estimated Value
$873,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,600
Outstanding Balance
$394,960
Interest Rate
4.85%
Estimated Equity
$478,040

Purchase Details

Closed on
Feb 4, 2000
Sold by
Gannon Matthew
Bought by
Heller Joel and Springer Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1998
Sold by
Tippe Marie
Bought by
Gannon Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Herusso Eileen $562,000 --
Heller Joel $159,900 --
Gannon Matthew $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herusso Eileen $449,600
Closed Herusso Eileen --
Previous Owner Heller Joel $118,500
Previous Owner Gannon Matthew $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Rented $22,650 +596.9% --
12/10/2022 12/10/22 For Rent $3,250 -84.4% --
05/17/2022 05/17/22 Rented $20,800 +550.0% --
12/20/2021 12/20/21 For Rent $3,200 -- --
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
2025 $16,253 $912,800 $529,200 $383,600
2024 $15,136 $945,500 $425,900 $519,600
2023 $15,136 $853,200 $542,900 $310,300
2022 $12,713 $751,400 $449,500 $301,900
2021 $12,029 $612,100 $380,000 $232,100
2020 $12,018 $576,400 $356,400 $220,000
2019 $12,029 $569,300 $347,400 $221,900
2018 $10,677 $500,100 $347,400 $152,700
2017 $9,102 $408,900 $284,400 $124,500
2016 $8,884 $398,400 $235,000 $163,400
2015 $9,680 $442,000 $322,400 $119,600
2014 $8,664 $325,100 $222,400 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Michele DeRose

    Landlord's Agent in 2023

    Michele DeRose

    RE/MAX

    (732) 361-0770

    14 in this area

    22 Total Sales

    Michele DeRose
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22235193

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00245-0000-00011

New Jersey Monmouth County Ocean Grove 07756

42 Abbott Ave Unit SUMMER WEEKLY, Ocean Grove, NJ

This home is located at 42 Abbott Ave Unit SUMMER WEEKLY, Ocean Grove, NJ 07756 since 11 December 2022 and is currently priced at $873,000. This property was built in 1969. 42 Abbott Ave Unit SUMMER WEEKLY is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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