NOT LISTED FOR SALE

422 Monmouth Ave Bradley Beach, NJ 07720

Estimated Value: $1,359,000 - $1,505,901

4 Beds
2 Baths
2,280 Sq Ft
$640/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $923,100 $405 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,908/month

10 Days on Market

Highlights

  • Garage Apartment
  • 2 Car Detached Garage
  • 1-Story Property
  • 1 Fireplace
  • Zoned Heating and Cooling System

About This Home

As of September 2020

OFFER HAS BEEN ACCEPTED. IN ATTORNEY REVIEW. The One You've Been Waiting For! Desirable South-end of town, very quiet area, close to beach & boardwalk! True Craftsman-style main home w/rocking chair porch! Wonderful blend of classic orig architecture & current updates. Newer 2BR income-prod apt over detached 2 car garage. Open floorplan LR/DR/Kitchen, leads to a separate Main BR en-suite w/private entrance. Make this your secluded suite, in-law suite, or guest area. 3 other BRs have space for everyone! Full, clean basement great for storage, & 2-car garage offers the same! Shared Driveway. After a hot day on the beach, come home to the private outdoor shower or jump into the Sauna Hut for total relaxation! BONUS: rental income from the 2BR garage apartment! Welcome Home!

Last Agent to Sell the Property

Mary McAllister

Diane Turton, Realtors-Asbury Park Listed on: 08/26/2020

Last Buyer's Agent

Janet Stephens

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0447109

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,282

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 128
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Tenant pays for gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 08-00079-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,282

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Sloped
  • Subdivision Name: None
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 128
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Garage Storage Above: Yes
  • General Property Info # Parking Spaces: 2.0
  • Garage Apt Above Garage: Yes
  • Lot Description Sloped: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Exclusions: Personal Belongings

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: See Remarks, Other, Off Street, On Street, Detached, Storage
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiator, HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 128
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-00079-0000-00024
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9282.0
  • Tax Other Annual Assessment Amount: 911900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 30, 2020
Sold by
Kosley Catherine F
Bought by
Clifford Daniel and Clifford Catherine
Seller's Agent
Mary McAllister
Diane Turton, Realtors-Asbury Park
Buyer's Agent
Janet Stephens
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$897,000
Sold Price
$923,100
Premium/Discount to List
$26,100
2.91%
Current Estimated Value
$1,459,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,125
Avg. Annual Appreciation
9.68%
Original Mortgage
$631,600
Outstanding Balance
$566,829
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$883,349

Purchase Details

Closed on
Oct 8, 2016
Sold by
Hosley Catherine F and Philllips Deidre
Bought by
Hosley Catherine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.52%

Purchase Details

Closed on
Aug 21, 1998
Sold by
Rottenberg Mildred
Bought by
Hosley Catherine and Phillips Deidre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.9%
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
Clifford Daniel $931,600 Acres Land Title Agency Inc
Cliford Daniel $931,600 Land Title
Hosley Catherine F -- Attorney
Hosley Catherine $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Daniel A $200,000
Open Cliford Daniel $631,600
Closed Cliford Daniel $631,600
Previous Owner Hosley Catherine F $100,000
Previous Owner Hosley Catherine $150,000
Previous Owner Hosley Catherine F $25,000
Previous Owner Hosley Catherine F $198,500
Previous Owner Hosley Catherine $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $923,100 +2.9% $405 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $897,000 -- $393 / Sq Ft
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 $11,484 $1,342,700 $802,500 $540,200
2023 $11,484 $1,216,500 $724,600 $491,900
2022 $10,956 $990,000 $609,900 $380,100
2021 $10,956 $934,800 $527,200 $407,600
2020 $11,143 $911,900 $528,800 $383,100
2019 $9,282 $733,200 $478,500 $254,700
2018 $9,450 $682,800 $440,000 $242,800
2017 $9,214 $651,600 $415,000 $236,600
2016 $8,902 $636,800 $405,000 $231,800
2015 $8,759 $627,400 $405,000 $222,400
2014 $8,463 $611,500 $385,000 $226,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22030029

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00079-0000-00024