NOT LISTED FOR SALE

50 Harding Rd Red Bank, NJ 07701

Estimated Value: $717,704 - $884,000

3 Beds
2 Baths
1,884 Sq Ft
$422/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $338,700 $180 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,134/month

23 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • Outdoor Storage
  • Red Bank Reg High School Rated A
  • Multiple cooling system units
  • 3 Car Garage

About This Home

As of September 2014

Excellent location steps away from downtown Red Bank. Property has private parking, small yard and a shed/garage in the rear of the property. Units were recently remodeled. Both units are currently rented but are month to month to allow flexibility to buyer.

Last Agent to Sell the Property

Eric Hoffman

Summit Realty Services Inc. Listed on: 07/15/2014

Last Buyer's Agent

Kenneth Walker

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,560

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 43 x 150

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Car Garage
  • No Garage
  • Common or Shared Parking

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Fenced Storage

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer, garbage removal
  • Assessor Parcel Number 00057000000026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,560

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • Year Built: 1910
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 43 X 150
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 3.0
  • Exterior Locked Storage2: Yes
  • Special Features: None

Interior Features

  • Basement: Other, Full
  • Basement: Yes
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Exterior Features: Locked Storage

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Common, None
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 43 X 150
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 00057000000026
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7560.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 30, 2014
Sold by
The Lh & Family Group Llc
Bought by
Welch Jeffrey P
Seller's Agent
Eric Hoffman
Summit Realty Services Inc.
Buyer's Agent
Kenneth Walker
Gloria Nilson & Co. Real Estate
Sold Price
$338,700
Current Estimated Value
$794,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,226
Avg. Annual Appreciation
7.97%
Original Mortgage
$332,564
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2009
Sold by
Wells Fargo Bank Na
Bought by
The Lh & Family Group Llc

Purchase Details

Closed on
Jun 20, 2003
Sold by
Branda Mary
Bought by
Vetrano Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,870
Interest Rate
5.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2001
Sold by
Herz Erich
Bought by
Branda Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.93%
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
Welch Jeffrey P $338,700 Agent For Westcor Land Title
The Lh & Family Group Llc $287,000 First American Title Ins Co
Vetrano Carl $100,000 --
Branda Mary $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Jeffrey $325,000
Closed Welch Jeffrey P $332,564
Previous Owner Vetrano Carl M $488,000
Previous Owner Vetrano Carl M $122,000
Previous Owner Vetrano Carl M $464,000
Previous Owner Vetrano Carl M $116,000
Previous Owner Vetrano Carl M $499,500
Previous Owner Vetrano Carl M $2,072,005
Previous Owner Vetrano Carl $261,870
Previous Owner Branda Mary $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $338,700 -- $180 / 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 $11,234 $645,000 $355,900 $289,100
2024 $9,177 $594,700 $301,900 $292,800
2023 $9,177 $480,200 $273,500 $206,700
2022 $8,666 $456,900 $259,100 $197,800
2021 $8,666 $387,400 $207,300 $180,100
2020 $8,443 $371,600 $207,300 $164,300
2019 $8,108 $366,700 $207,300 $159,400
2018 $7,891 $360,800 $207,300 $153,500
2017 $7,592 $359,800 $207,300 $152,500
2016 $7,499 $355,900 $207,300 $148,600
2015 $7,624 $375,000 $270,300 $104,700
2014 $8,232 $430,300 $270,300 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21428433

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00057-0000-00026