NOT LISTED FOR SALE

44 S Wall St Neptune, NJ 07753

Estimated Value: $501,000 - $616,376

5 Beds
3 Baths
810 Sq Ft
$712/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $590,000 $728 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,879/month

76 Days on Market

Highlights

  • Air Conditioning
  • Forced Air Heating System
  • 1-Story Property
  • Ceramic Tile Flooring
  • Hot Water Heating System

About This Home

As of March 2024

Discover a remarkable investment opportunity in the heart of Neptune, NJ, just moments away from the sun-soaked beaches of Belmar and Bradley Beach. With two 2 bedroom 1 bath and 1 one bedroom 1 bath this provides an ideal scenario for savvy investors and those seeking rental income potential. Live in one, and rent out the others to offset your coastal living lifestyle. There is even additional storage under one of the units that could be utilized for an at home business or to rent to a contractor.Perfectly positioned near Neptune's beautiful beaches, as well as the vibrant communities of Belmar and Bradley Beach, this property offers unparalleled convenience.

Last Agent to Sell the Property

Connie Maynard

Space & Company License #2080391 Listed on: 10/26/2023

Co-Listed By

Josh Starner

Berkshire Hathaway HomeServices Signature Properties License #2191038

Last Buyer's Agent

Connie Maynard

Space & Company License #2080391 Listed on: 10/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,444

Year Built

  • Built in 1927

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60 x 161

Home Design

  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Schools

  • Woodrow Wilson Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Hot Water Heating System
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Personal belongings
  • Tenant pays for yard maintenance, water, sewer, hot water
  • Assessor Parcel Number 36-00019-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,444

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Co List Office Mls Id: 3798
  • Co List Office Phone: 732-798-8188
  • Subdivision Name: None
  • Reso Flooring: Laminate, Ceramic Tile, Other
  • New Construction: No
  • Year Built: 1927
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 161
  • Location Middle School: Woodrow Wilson
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: 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 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Floors Laminate2: Yes
  • Roof Rubber Roll: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Dryer Hookup: Yes
  • Unit 3 Washer Hookup: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle, Rubber
  • Acres: 0.22
  • Waterfront: No
  • Exclusions: Personal belongings
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Woodrow Wilson

Lot Info

  • Lot Dimensions: 60 x 161
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 36-00019-0000-00026
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Yard Maintenance, Water, Sewer, Hot Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8444.0
  • Tax Other Annual Assessment Amount: 457400.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Mar 26, 2024
Sold by
Puzino Angelo and Puzino Anthony
Bought by
Mg Residential Properties Llc
Seller's Agent
Connie Maynard
Space & Company
Buyer's Agent
Connie Maynard
Space & Company
List Price
$899,000
Sold Price
$590,000
Premium/Discount to List
-$309,000
-34.37%
Views
110
Current Estimated Value
$577,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,906
Avg. Annual Appreciation
-1.56%
Original Mortgage
$442,500
Outstanding Balance
$435,963
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$141,131
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
Mg Residential Properties Llc $590,000 Scott Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mg Residential Properties Llc $442,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $590,000 -28.5% $728 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $825,000 -2.8% $1,019 / Sq Ft
11/12/2023 11/12/23 Price Changed $849,000 -5.6% $1,048 / Sq Ft
10/26/2023 10/26/23 For Sale $899,000 -- $1,110 / 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 $8,819 $517,100 $241,800 $275,300
2023 $8,819 $457,400 $192,100 $265,300
2022 $7,927 $414,100 $162,600 $251,500
2021 $7,927 $362,300 $128,500 $233,800
2020 $7,622 $332,700 $111,400 $221,300
2019 $7,257 $306,600 $94,100 $212,500
2018 $7,346 $297,300 $97,200 $200,100
2017 $7,097 $285,700 $91,900 $193,800
2016 $6,992 $280,800 $93,300 $187,500
2015 $7,280 $287,300 $102,300 $185,000
2014 $7,209 $249,700 $102,300 $147,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22328511

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 36-00019-0000-00026