NOT LISTED FOR SALE

54 Highland Ave Keansburg, NJ 07734

Estimated Value: $287,000 - $350,238

2 Beds
2 Baths
1,344 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $105,000 $78 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,298/month

70 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • Thermal Windows
  • Fenced

About This Home

As of March 2017

Check the market and you'll see that the majority of multi's don't turn a profit. End your search here with this renovated 2 family home which generates an approximate 13.7% return on investment! Each unit has 1 bedroom, 1 bathroom and has updated kitchens, bathrooms, flooring and more. Each unit has a loft upstairs that is great for an office or play room. Close to the NYC bus and also the beach! If you are looking for a solid return, do NOT delay and make your offer today!

Last Agent to Sell the Property

Michael Minervini

RE/MAX 1st. Advantage License #9803637 Listed on: 11/04/2016

Last Buyer's Agent

Juan Sardo

Real Broker, LLC- Red Bank License #1646752

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 25 x 100
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • J. C. Caruso Elementary School
  • J. R. Bolger Middle School
  • Keansburg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23-00052-0000-00014

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,300
  • Net Operating Income $4,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,300

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • Year Built: 1928
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • Location Middle School: J. R. Bolger
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Income Expenses Gross Income2: 24300.0
  • Income Expenses Net Income: 4784.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Fence, Thermal Window, Lighting
  • Construction:Siding - Vinyl: Yes

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
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: J. R. Bolger

Lot Info

  • Lot Dimensions: 25 x 100
  • Parcel #: 23-00052-0000-00014
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5300.0
  • Tax Other Annual Assessment Amount: 149300.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24300.0

MLS Schools

  • Elementary School: J. C. Caruso
  • High School: Keansburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 16, 2017
Sold by
54 Highland Avenue Llc
Bought by
Robles Adrian
Seller's Agent
Michael Minervini
RE/MAX 1st. Advantage
Buyer's Agent
Juan Sardo
Real Broker, LLC- Red Bank
Sold Price
$105,000
Total Days on Market
70
Current Estimated Value
$328,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,413
Avg. Annual Appreciation
12.57%
Original Mortgage
$103,098
Interest Rate
4.3%

Purchase Details

Closed on
Sep 27, 2013
Sold by
Leone Cataldo
Bought by
54 Highland Avenue Llc

Purchase Details

Closed on
Feb 4, 2005
Sold by
Galvez Eda
Bought by
Leone Cataldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2004
Sold by
Express Mtg
Bought by
Galvez Eda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1998
Sold by
Oriol Gilbert
Bought by
Diab Jamal Abu

Purchase Details

Closed on
Jan 3, 1997
Sold by
Litchfield George
Bought by
Oriol Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.5%
Mortgage Type
FHA
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
Robles Adrian -- --
54 Highland Avenue Llc $20,000 None Available
Leone Cataldo $175,000 --
Galvez Eda $175,000 --
Diab Jamal Abu $122,000 --
Oriol Gilbert $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Adrian $150,000
Closed Robles Adrian $103,000
Closed Robles Adrian $103,098
Closed Robles Adrian --
Closed Robles Adrian $103,098
Previous Owner Leone Cataldo $189,000
Previous Owner Leone Cataldo $140,000
Previous Owner Galvez Eda $157,500
Previous Owner Oriol Gilbert $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $105,000 -- $78 / 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 $6,102 $275,600 $145,000 $130,600
2023 $6,102 $235,600 $98,300 $137,300
2022 $4,937 $215,500 $81,900 $133,600
2021 $4,937 $160,500 $52,500 $108,000
2020 $4,420 $110,300 $36,300 $74,000
2019 $4,268 $107,800 $34,300 $73,500
2018 $4,308 $110,200 $32,300 $77,900
2017 $5,381 $141,800 $35,300 $106,500
2016 $5,443 $149,300 $31,300 $118,000
2015 $5,300 $151,300 $36,300 $115,000
2014 $4,005 $117,700 $46,300 $71,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Minervini

    RE/MAX

  • Juan Sardo

    Buyer's Agent in 2017

    Juan Sardo

    Real Broker, LLC- Red Bank

    (732) 927-0782

    3 in this area

    79 Total Sales

    Juan Sardo
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21627567

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00052-0000-00014

New Jersey Monmouth County Keansburg 07734

54 Highland Ave, Keansburg, NJ

This home is located at 54 Highland Ave, Keansburg, NJ 07734 since 04 November 2016 and is currently estimated at $328,413, approximately $244 per square foot. This property was built in 1928. 54 Highland Ave is a home located in Monmouth County with nearby schools including Joseph C. Caruso School, Joseph R. Bolger Middle School, and Keansburg 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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