5 Arbor Way Ocean, NJ 07712
Tinton Falls NeighborhoodEstimated Value: $633,000 - $704,839
3
Beds
1.5
Baths
2,285
Sq Ft
$286/Sq Ft
Est. Value
Highlights
- Custom Home
- Backs to Trees or Woods
- Bonus Room
- Deck
- Wood Flooring
- No HOA
About This Home
As of March 2025*** Hugh Price Reduction*** Premier location in prestigious Wayside. This 3-bedroom, 1.5 bath can be expanded to a 4 or 5-bedroom home within its current square footage. One room upstairs could be used as a possible 4th bedroom if a closet is added. There is the possibility of adding a 5th bedroom and another bathroom in the unfinished area on the second floor.Living room, dining room and the 3 bedrooms have hardwood floors. there is a bonus room on the first level.Large full finished basement, has a wood burning fireplace A little bit of updating will make this home a gem and surely increase the value in this wonderful neighborhood.More pictures are coming soon
Last Agent to Sell the Property
Preferred Properties Real Estate License #0226224 Listed on: 12/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,270
Year Built
- Built in 1956
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 100 x 115
- Fenced
- Backs to Trees or Woods
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Custom Home
- Shingle Roof
Interior Spaces
- 2,285 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Living Room
- Dining Room
- Bonus Room
- Wood Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Outdoor Features
- Deck
Schools
- Wayside Elementary School
- Ocean Middle School
- Ocean Twp High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 37-00037-11-00012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2024
Closed on
Mar 13, 2025
Sold by
Harshman Jeffrey W and Harshman Brenda S
Bought by
Martin Jeremiah Joseph and Nelson Heidi
Seller's Agent
Chris Neyhart
Preferred Properties Real Estate
Buyer's Agent
Cindy Nelson
Nelson Realtors
List Price
$739,000
Sold Price
$640,000
Premium/Discount to List
-$99,000
-13.4%
Views
42
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
$14,210
Avg. Annual Appreciation
8.16%
Original Mortgage
$440,000
Outstanding Balance
$439,631
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$214,579
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Jeremiah Joseph | $640,000 | None Listed On Document | |
| Martin Jeremiah Joseph | $640,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Jeremiah Joseph | $440,000 | |
| Closed | Martin Jeremiah Joseph | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $640,000 | +0.8% | $280 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | Price Changed | $635,000 | -9.2% | $278 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $699,000 | -5.4% | $306 / Sq Ft |
| 12/27/2024 12/27/24 | For Sale | $739,000 | -- | $323 / 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 | $9,270 | $612,800 | $378,800 | $234,000 |
| 2023 | $9,270 | $606,300 | $378,800 | $227,500 |
| 2022 | $7,031 | $530,400 | $313,800 | $216,600 |
| 2021 | $7,031 | $357,800 | $178,800 | $179,000 |
| 2020 | $7,044 | $353,800 | $178,800 | $175,000 |
| 2019 | $7,294 | $357,700 | $183,800 | $173,900 |
| 2018 | $7,951 | $379,700 | $213,800 | $165,900 |
| 2017 | $7,373 | $350,600 | $193,800 | $156,800 |
| 2016 | $7,573 | $323,900 | $178,800 | $145,100 |
| 2015 | $7,393 | $320,200 | $178,800 | $141,400 |
| 2014 | $7,716 | $338,700 | $193,800 | $144,900 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Neyhart
C
Seller's Agent in 2025
Chris Neyhart
Preferred Properties Real Estate
(732) 245-8048
1 in this area
9 Total Sales
-
Mark Brennan
M
Seller Co-Listing Agent in 2025
Mark Brennan
Preferred Properties Real Estate
(732) 224-9200
1 in this area
23 Total Sales
-
Cindy Nelson
Buyer's Agent in 2025
Cindy Nelson
Nelson Realtors
(732) 774-5554
2 in this area
159 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22435625
APN: 37-00037-11-00012
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.
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.
Nearby Homes
- 31 Oxford Dr
- 15 Buckingham Dr
- 29 Ascot Dr
- 223 Green Grove Rd
- 330 Green Grove Rd
- 9 Jerome Smith Dr
- 66 Cold Indian Springs Rd
- 32 Ellen Ct
- 3 Seward Dr
- 43 Periwinkle Cir
- 9 Mahoras Dr
- 1144 Deal Rd
- 10 Rutgers Terrace
- 7 Centre St Unit 6103
- 7 Centre St Unit 1303
- 7 Centre St Unit 3311
- 7 Centre St Unit 5208
- 41 Redwood Dr
- 42 Middlebrook Dr
- 25 Overhill Rd
- 7 Arbor Way
- 3 Arbor Way
- 11 Standish Dr
- 8 Arbor Way
- 6 Arbor Way
- 9 Arbor Way
- 10 Arbor Way
- 1 Arbor Way
- 15 Standish Dr
- 12 Arbor Way
- 23 Jackson Cir
- 121 Cold Indian Springs Rd
- 4 Arbor Way
- 119 Cold Indian Springs Rd
- 123 Cold Indian Springs Rd
- 11 Arbor Way
- 2 Arbor Way
- 117 Cold Indian Springs Rd
- 17 Standish Dr
- 125 Cold Indian Springs Rd