NOT LISTED FOR SALE

45 Middletown Ave Atlantic Highlands, NJ 07716

Navesink Neighborhood

Estimated Value: $725,249 - $859,000

5 Beds
3 Baths
3,137 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $345,000 $110 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,268/month

194 Days on Market

Highlights

  • Wood Flooring
  • Navesink Elementary School Rated A
  • Heating System Uses Steam

About This Home

As of October 2013

Opportunity Knocks! Legal 3 family home in the desirable Navesink section of Middletown. Located just a short walk to the Atlantic Highlands business district and Sea Streak Ferry, this home has plenty to offer. Live in one and have the tenants pay your mortgage or purchase as strictly investment.

Last Agent to Sell the Property

Kevin Murphy

Better Homes and Gardens Real Estate Murphy & Co. License #9331754 Listed on: 02/08/2013

Better Homes and Gardens Real Estate Murphy & Co.

Last Buyer's Agent

James Kesling

Prudential Zack Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,023

Lot Details

  • Lot Dimensions are 100x125

Home Design

  • Triplex
  • Asphalt Rolled Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partial Basement
  • Stove

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

  • Navesink Elementary School
  • Bayshore Middle School
  • Middle South High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Separate Meters
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for hot water, yard maintenance, water, snow removal, sewer, heat, gas
  • Assessor Parcel Number 00718000000009

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $275
  • Fuel Expense $2,000
  • Insurance Expense $2,000
  • Maintenance Expense $2,500
  • Water Sewer Expense $1,500
  • Gross Income $41,500
  • Net Operating Income $24,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Income And Expenses Maintenance Expense: 2500.0
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 100X125
  • Location Middle School: Bayshore
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Roof Timberline: Yes
  • Water Heater Oil: Yes
  • General Property Info # Parking Spaces: 5.0
  • Unit 1 Electric Meter: Yes
  • Income Expenses Electric Expense: 275.0
  • Income Expenses Insurance Expense: 2000.0
  • Income Expenses WaterSewer Expense: 1500.0
  • Income Expenses Gross Income2: 41500.0
  • Income Expenses Net Income: 24500.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 2000.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Dimensions: 100X125
  • Parcel #: 00718000000009
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 8023.0
  • Tax Other Annual Assessment Amount: 367000.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 275.0
  • Annual Gross Income: 41500.0
  • Insurance Expense: 2000.0

MLS Schools

  • Elementary School: Navesink Elementary
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Oct 1, 2013
Sold by
Mehi Walter J and Torre Mark R
Bought by
Schadle Carolyn J
Seller's Agent
Kevin Murphy
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
James Kesling
Prudential Zack Shore Properties
Sold Price
$345,000
Current Estimated Value
$792,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,125
Avg. Annual Appreciation
7.25%
Original Mortgage
$227,500
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2004
Sold by
Robinson Harry
Bought by
Mehl Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2000
Sold by
Melvin Linnell
Bought by
Robinson Harry and Stromp Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
8.59%
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
Schadle Carolyn J $345,000 Stewart Title
Mehl Walter $475,000 --
Robinson Harry $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schadle Carolyn J $342,000
Closed Schadle Carolyn J $275,000
Closed Schadle Carolyn J $227,500
Previous Owner Mccoy Madelene C $170,000
Previous Owner Mehl Walter $427,500
Previous Owner Robinson Harry $172,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $345,000 -- $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
2025 $11,531 $796,600 $467,500 $329,100
2024 $9,952 $701,000 $378,000 $323,000
2023 $9,952 $572,600 $367,500 $205,100
2022 $8,696 $524,700 $311,000 $213,700
2021 $8,696 $418,100 $228,000 $190,100
2020 $8,772 $410,300 $224,500 $185,800
2019 $7,749 $366,900 $224,000 $142,900
2018 $7,177 $331,200 $195,000 $136,200
2017 $7,843 $358,300 $225,000 $133,300
2016 $7,316 $343,300 $210,000 $133,300
2015 $7,614 $345,000 $210,000 $135,000
2014 $8,321 $367,700 $210,000 $157,700
Source: Public Records

Agents Affiliated with this Home

  • Kevin Murphy

    Seller's Agent in 2013

    Kevin Murphy

    Better Homes and Gardens Real Estate Murphy & Co.

    (732) 687-1830

    54 Total Sales

    Kevin Murphy
    Section Image

  • J

    Buyer's Agent in 2013

    James Kesling

    Prudential Zack Shore Properties

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21304431

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00718-0000-00009

New Jersey Monmouth County Atlantic Highlands 07716 Navesink

45 Middletown Ave, Atlantic Highlands, NJ

This home is located at 45 Middletown Ave, Atlantic Highlands, NJ 07716 since 08 February 2013 and is currently estimated at $792,125, approximately $252 per square foot. 45 Middletown Ave is a home located in Monmouth County with nearby schools including Navesink Elementary School, Bayshore Middle School, and Middletown - South High 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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