NOT LISTED FOR SALE

48 Embury Ave Ocean Grove, NJ 07756

Estimated Value: $875,000 - $1,013,000

3 Beds
2 Baths
1,359 Sq Ft
$688/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $537,500 $396 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,284/month

18 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Stained Glass
  • Wood Flooring
  • Balcony
  • 3-minute walk to Ocean Grove Park

About This Home

As of July 2017

GREAT OPPORTUNITY Multi-Family in a FABULOUS LOCATION 2 BLOCKS to BEACH,TOWN & DINING.This property offers OPPORTUNITY options-Use the 3BR/2BA MAIN HOME as your BEACH HOUSE & RENT the cozy COTTAGE SUMMER/WINTER to offset expenses.OR Purchase the 2F for a TURNKEY INVESTMENT & Enjoy the LUCRATIVE INCOME it generates.MAIN HOME 1st level offers wide plank floors,open LR/DR area,kitchen & Breakfast Nook w/sliders to deck,FULL BA w/laundry area,2 covered ROCKING CHAIR MAHOGANY porches & side Yard for entertaining.2nd level has plank floors,3 bright BRS/Newer FULL BA.The COZY COTTAGE offers open floor plan w/LR/DR area,kitchenette,accented by stain glass,oak HW floors,vaulted ceilings & GAS FIREPLACE.Also BR w/Sliders & newer full BA.This is the BEACH HOME/INVESTMENT PROPERTY you've waited for!!

Last Agent to Sell the Property

Denise Sherman-Pula

Jack Green Realty License #0446543 Listed on: 05/18/2017

Jack Green Realty

Last Buyer's Agent

Amy Peak Jengo

Weichert Realtors-Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,699

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 30 x 60
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Stained Glass
  • Window Screens
  • Stove

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Dirt Floor
  • Crawl Space

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: turn key all furniture included
  • Assessor Parcel Number 35-00227-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,699

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Wood, Laminate, Ceramic Tile
  • Reso Interior Features: Balcony, Cable TV
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 30 x 60
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Siding Shingle: Yes
  • Cooling Multi Units: Yes
  • Siding Clapboard: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Exterior Stained Glass: Yes
  • Unit 1 Gas Stove: Yes
  • Exterior Screens2: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Dirt Floor, Crawl Space, Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes
  • Basement:Dirt Floor: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: turn key all furniture included
  • Construction Type: Clapboard, Shingle Siding
  • Exterior Features: Deck, Patio, Stained Glass, Screens, Lighting

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Parcel #: 35-00227-0000-00007
  • Zoning Description: Residential, Multi-Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8699.0
  • Tax Other Annual Assessment Amount: 390100.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • High School: Neptune Twp

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vallone Anthony J $333,750
Closed Rennie Michael J $68,800
Closed Rennie Michael J $250,000
Closed Rennie Michael $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $537,500 -- $396 / 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 $13,420 $775,900 $425,900 $350,000
2023 $13,420 $756,500 $542,900 $213,600
2022 $11,930 $652,900 $449,500 $203,400
2021 $11,351 $574,400 $380,000 $194,400
2020 $11,272 $540,600 $356,400 $184,200
2019 $11,351 $537,200 $347,400 $189,800
2018 $10,462 $490,000 $347,400 $142,600
2017 $8,472 $380,600 $284,400 $96,200
2016 $8,699 $390,100 $235,000 $155,100
2015 $9,082 $414,700 $322,400 $92,300
2014 $9,224 $346,100 $222,400 $123,700
Source: Public Records

Agents Affiliated with this Home

  • Denise Sherman-Pula

    Seller's Agent in 2017

    Denise Sherman-Pula

    Jack Green Realty

    (570) 977-4250

    40 in this area

    51 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    Amy Peak Jengo

    Weichert Realtors-Ocean

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21719432

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00227-0000-00007

New Jersey Monmouth County Ocean Grove 07756

48 Embury Ave, Ocean Grove, NJ

This home is located at 48 Embury Ave, Ocean Grove, NJ 07756 since 18 May 2017 and is currently estimated at $934,368, approximately $687 per square foot. This property was built in 1925. 48 Embury Ave is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel 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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