NOT LISTED FOR SALE

49 Locust Ave Red Bank, NJ 07701

Estimated Value: $536,224

3 Beds
1 Bath
1,164 Sq Ft
$461/Sq Ft Est. Value

Highlights

  • New Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Red Bank Reg High School Rated A
  • Deck
  • 2-minute walk to Bellhaven Nature Area

About This Home

As of May 2023

Beautiful 3 bedroom single family in quiet Red Bank neighborhood available for annual rental. Newly renovated kitchen with granite countertops, center island, new cabinets, and dishwasher. Dining room, tiled bathroom, Hardwood floors throughout, backroom off kitchen with washer/dryer, large backyard with deck and shed, and a driveway for off street parking. Near restaurant and shopping district, train station, and just down the street from Bellhaven Nature Area on the Navesink River. Tenants must have an established credit history with multiple accounts in good standing and a score of at least 700, renters insurance, and meet income requirements. No pets, no smoking. Tenants responsible for all utilities, lawn and snow maintenance.

Last Agent to Rent the Property

Brian Johnson

Sackman Realty License #1537239 Listed on: 02/15/2023

Sackman Realty

Last Renter's Agent

Brian McNamara

Heritage House Sotheby's International Realty License #1970186

Heritage House Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,970

Year Built

  • Built in 1915

Lot Details

  • 4,661

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,500
  • Property Available on 5/15/23
  • Exclusions: Tenant's belongings
  • Assessor Parcel Number 39-00066-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,970

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-05-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Storage Shed, Stove Hood, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1915
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Location Middle School: Red Bank
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Contract Info Available Date: 2023-05-15
  • Maintenance Fees Security Deposit3: 4500.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Included Storage Shed2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Floor - Ceramic10: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenant's belongings
  • Exterior Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 39-00066-0000-00003

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2009
Sold by
Outback Barnyard Llc
Bought by
Pierson James
Current Estimated Value
$536,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,547
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2005
Sold by
Welch Kevin
Bought by
Outback Barnyard Llc
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
Pierson James $196,100 Old Republic National Title
Outback Barnyard Llc $9,080 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson James $189,600
Closed Pierson James $192,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Rented $36,000 +1100.0% --
04/13/2023 04/13/23 Price Changed $3,000 -7.7% $3 / Sq Ft
03/13/2023 03/13/23 Price Changed $3,250 -4.4% $3 / Sq Ft
02/15/2023 02/15/23 For Rent $3,400 -89.9% --
03/09/2021 03/09/21 Rented $33,600 +1100.0% --
02/12/2021 02/12/21 Under Contract -- -- --
01/27/2021 01/27/21 Price Changed $2,800 -3.4% $2 / Sq Ft
01/06/2021 01/06/21 For Rent $2,900 -- --
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 $5,970 $342,500 $133,600 $208,900
2023 $5,970 $312,400 $127,100 $185,300
2022 $5,557 $294,200 $116,900 $177,300
2021 $5,557 $248,400 $97,400 $151,000
2020 $5,344 $235,200 $97,400 $137,800
2019 $4,997 $226,000 $92,400 $133,600
2018 $4,835 $221,100 $92,400 $128,700
2017 $4,437 $210,300 $82,400 $127,900
2016 $4,361 $207,000 $82,400 $124,600
2015 $4,326 $212,800 $126,200 $86,600
2014 $5,146 $269,000 $182,400 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304166

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00066-0000-00003