Seller's Agent in 2021
Nance Stellato
BHHS Fox & Roach
(818) 381-1576
6 in this area
41 Total Sales
42 Ocean Ave Highlands, NJ 07732
Estimated Value: $697,000 - $858,000
4
Beds
2.5
Baths
1,785
Sq Ft
$433/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Air Conditioning
- Shed
- 1 Car Attached Garage
- Patio
- Zoned Heating
About This Home
As of March 2021Coming Soon! Cannot be shown until1/25. Great opportunity to own a 2 family home in Highlands, one of hottest beach towns on the Jersey Shore! The front home has three bedrooms, 1.5 baths, eat-in kitchen & laundry room and has been raised to Fema compliant standards. The second home boasts a large floor plan and is currently a large 1 bedroom with a completely redone attic space wired and plumbed for someone to finish. This back home could be a potential 3 bedroom rental. This home screams potential for the right buyer that will utilize all its potential. Beautiful bay beach at the end of the block. High speed Sea Streak ferry to Manhattan is down the street! All room sizes are approximate. Both homes have long term tenants with leases in place until end of February 2022. Instant income! Seller is offering a 1 year home warranty.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #1647025 Listed on: 01/25/2021
Last Buyer's Agent
Helen Mary Maresca
Heritage House Sotheby's Int'l
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,924
Year Built
- Built in 1967
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 37 x 95
Parking
- 1 Car Attached Garage
- On-Street Parking
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Window Screens
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Dirt Floor
- Crawl Space
Outdoor Features
- Patio
- Shed
Schools
- Highlands Elementary School
- Henry Hudson Reg Middle School
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Listing and Financial Details
- Exclusions: Tenants personal property
- Tenant pays for hot water, water, heat, gas, electricity
- Assessor Parcel Number 19-00100-0000-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 20, 2021
Sold by
G & G Property Partners Llc
Bought by
Stephen & Son Llc
Seller's Agent
Nance Stellato
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Buyer's Agent
Helen Mary Maresca
Heritage House Sotheby's Int'l
List Price
$479,000
Sold Price
$512,000
Premium/Discount to List
$33,000
6.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,779
Avg. Annual Appreciation
9.43%
Interest Rate
3.09%
Purchase Details
Listed on
Aug 9, 2017
Closed on
Nov 20, 2017
Sold by
Strickland Jessica Ann
Bought by
G&G Property Patners Llc
Seller's Agent
Ryan Britton
Heritage House Sotheby's International Realty
Buyer's Agent
Ann Candy DeFalco
Coldwell Banker Res. Brokerage
Sold Price
$350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Purchase Details
Closed on
Nov 8, 2007
Sold by
Peterson Pauline E Whitney
Bought by
Peterson Paul and Peterson Pauline E Whitney
Purchase Details
Closed on
Oct 10, 2000
Sold by
Polachek John
Bought by
Schenecker Allan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.78%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stephen & Son Llc | $512,000 | -- | |
| G&G Property Patners Llc | $275,000 | -- | |
| Peterson Paul | -- | None Available | |
| Schenecker Allan | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Stephen & Son Llc | -- | |
| Previous Owner | Schenecker Allan | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $512,000 | +6.9% | $287 / Sq Ft |
| 02/04/2021 02/04/21 | Pending | -- | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $479,000 | +36.9% | $268 / Sq Ft |
| 11/21/2017 11/21/17 | Sold | $350,000 | -- | $196 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $10,379 | $517,800 | $192,000 | $325,800 |
| 2023 | $10,379 | $517,400 | $192,000 | $325,400 |
| 2022 | $8,535 | $368,600 | $86,400 | $282,200 |
| 2021 | $8,535 | $344,000 | $78,500 | $265,500 |
| 2020 | $8,396 | $338,000 | $78,500 | $259,500 |
| 2019 | $8,924 | $315,900 | $78,500 | $237,400 |
| 2018 | $8,193 | $292,400 | $78,500 | $213,900 |
| 2017 | $8,222 | $292,400 | $78,500 | $213,900 |
| 2016 | $7,507 | $271,300 | $78,500 | $192,800 |
| 2015 | $7,493 | $268,100 | $78,500 | $189,600 |
| 2014 | $7,322 | $219,400 | $98,100 | $121,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2021
Helen Mary Maresca
Heritage House Sotheby's Int'l
-
H
Buyer's Agent in 2021
Helen Maresca
Heritage House Sotheby's International Realty
(732) 241-8132
23 in this area
51 Total Sales
-
R
Seller's Agent in 2017
Ryan Britton
Heritage House Sotheby's International Realty
-
A
Buyer's Agent in 2017
Ann Candy DeFalco
Coldwell Banker Res. Brokerage
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22101966
APN: 19-00100-0000-00002
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.
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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