43 Ocean Ave North Middletown, NJ 07748
North Middletown NeighborhoodEstimated Value: $546,000 - $586,000
3
Beds
2
Baths
2,120
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Bay View
- Colonial Architecture
- Wood Flooring
- New Kitchen
- Deck
- Corner Lot
About This Home
As of June 2023This colonial with rental property offers a spacious open floor plan in the main house with a gas fireplace in the living room. The kitchen includes a breakfast counter, pantry, and stainless steel appliances. Additionally, there is a full bathroom on the first level along with a laundry room and utility combo that provides extra storage space. On the second level, there are three generously sized bedrooms, with the master bedroom featuring vaulted ceilings and skylights. The second bedroom has a built-in office area that can be converted back to a fourth bedroom. The back door off the kitchen leads to a private partially covered deck, providing an excellent space for outdoor entertainment. In addition to the main house, there is a separate back house with its own utilities, a kitchen open to the living room, a separate bedroom, and a full bathroom. This space can be rented for additional income.Located on a corner property, this colonial is conveniently located close to beaches, highly rated Middletown schools, and public transportation.
Last Agent to Sell the Property
C21 Thomson & Co. License #2298759 Listed on: 03/11/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,713
Year Built
- 1928
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
- Fenced
- Corner Lot
Home Design
- Duplex
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,120 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Skylights
- Light Fixtures
- Gas Fireplace
- Blinds
- Bay Window
- Living Room
- Dining Room
- Bay Views
- Crawl Space
- Pull Down Stairs to Attic
- Washer
Kitchen
- New Kitchen
- Breakfast Bar
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Parking
- No Garage
- Parking Available
- Driveway
- Paved Parking
- On-Street Parking
Outdoor Features
- Deck
- Storage Shed
Schools
- Ocean Elementary School
- Thorne Middle School
- Middle North High School
Utilities
- Multiple cooling system units
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 32-00004-0000-00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2023
Closed on
May 30, 2023
Sold by
Corridon Kimberly
Bought by
Martin Christopher S
Seller's Agent
Colleen Tucker
C21 Thomson & Co.
Buyer's Agent
Valerie Thomas
O'Brien Realty, LLC
List Price
$479,900
Sold Price
$500,000
Premium/Discount to List
$20,100
4.19%
Total Days on Market
12
Views
112
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
$68,925
Avg. Annual Appreciation
6.64%
Original Mortgage
$457,875
Outstanding Balance
$448,033
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$120,892
Similar Homes in North Middletown, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Christopher S | $500,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Christopher S | $457,875 | |
| Previous Owner | Imbemba Patricia A | $100,000 | |
| Previous Owner | Imbemba Patricia A | $61,429 | |
| Previous Owner | Corridon Sean M | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $500,000 | +4.2% | $236 / Sq Ft |
| 03/23/2023 03/23/23 | Pending | -- | -- | -- |
| 03/11/2023 03/11/23 | For Sale | $479,900 | -- | $226 / 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 | $7,181 | $489,200 | $195,000 | $294,200 |
| 2023 | $7,181 | $413,200 | $170,000 | $243,200 |
| 2022 | $6,519 | $356,500 | $125,000 | $231,500 |
| 2021 | $6,519 | $313,400 | $107,500 | $205,900 |
| 2020 | $6,012 | $281,200 | $80,000 | $201,200 |
| 2019 | $5,916 | $280,100 | $80,000 | $200,100 |
| 2018 | $5,974 | $275,700 | $85,000 | $190,700 |
| 2017 | $6,068 | $277,200 | $90,000 | $187,200 |
| 2016 | $5,568 | $261,300 | $75,000 | $186,300 |
| 2015 | $5,729 | $259,600 | $75,000 | $184,600 |
| 2014 | $6,078 | $268,600 | $100,000 | $168,600 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Tucker
C
Seller's Agent in 2023
Colleen Tucker
C21 Thomson & Co.
(908) 461-4814
1 in this area
6 Total Sales
-
Valerie Thomas
V
Buyer's Agent in 2023
Valerie Thomas
O'Brien Realty, LLC
(732) 310-4141
1 in this area
2 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22306577
APN: 32-00004-0000-00015
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