NOT LISTED FOR SALE

55 Merritt Ave Neptune, NJ 07753

Estimated Value: $454,000 - $695,742

3 Beds
2 Baths
1,321 Sq Ft
$457/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $565,000 $428 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,131/month

37 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • Granite Countertops
  • 2 Car Detached Garage

About This Home

As of January 2023

BEST & FINAL WED 12/21 @ 3pm Stunning Fully Gut-Renovated 3BR/2BA Home w/EIK, 2-Car Garage, on Large Lot Is Not to be Missed! Located Just 5 Min. to Asbury, Bradley & Belmar, This Charmer Is Move-In Ready! But This Beauty Isn't Just Pretty on The Outside, EVERYTHING is UPGRADED From the Belly Up! The List Is Endless...Including All New Mechanical Systems (HVAC & HWH) & Complete New Electrical Service & Plumbing from Water to Waste Lines. Exterior Upgrades Incl. Concrete Floor in 2-Car Garage, Maintenance-Free TREX on Front & Rear & Easy-Care Landscaping. The Kitchen & Bathrooms Showcase the Glamorous Upgrades That Can Easily Be Seen! EIK Boasts Shaker Cabinets w/New SS Appliances & Leathered Granite Countertops. BAs Feature Tiled Floors, Walls & Pristine Additions. Gorgeous Oak HDWD Floors Throughout the 1st Fl While BR's Boast Plush Berber Carpeting. The Large Partially Finished Basement Is Just Waiting to Be Completed, Outfitted w/Heat & Air & W/D Hookups! Summer Days Après Beach Can Be Spent in The Huge Back Yard Positioned for a Multitude of Fun Activities.

Last Agent to Sell the Property

Thea Bowers

RE/MAX Gateway License #0787334 Listed on: 12/16/2022

RE/MAX Gateway

Last Buyer's Agent

Michael Loundy

Seaside Heights Realty Inc. License #8435976

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,617

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 115
  • Fenced

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • Shingle Roof

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Living Room
  • Laundry Room

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Schools

  • Woodrow Wilson Middle 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 36-00063-0000-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,617

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Cape, Craftsman
  • Reso Interior Features: Breakfast Bar, Recessed Lighting
  • Year Built: 1922
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 50 x 115
  • Location Middle School: Woodrow Wilson
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • Parking Concrete: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Laundry Level Basement20: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Heated, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Exterior Features: Fence, Patio, Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Woodrow Wilson

Lot Info

  • Lot Dimensions: 50 x 115
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 36-00063-0000-00026

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6617.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jan 19, 2023
Sold by
D-Con Construction Llc
Bought by
Young Brian
Seller's Agent
Thea Bowers
RE/MAX Gateway
Buyer's Agent
Michael Loundy
Seaside Heights Realty Inc.
List Price
$515,000
Sold Price
$565,000
Premium/Discount to List
$50,000
9.71%
Views
58
Current Estimated Value
$603,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,686
Avg. Annual Appreciation
2.56%
Original Mortgage
$423,750
Outstanding Balance
$410,406
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$193,280

Purchase Details

Listed on
Jul 14, 2022
Closed on
Jul 28, 2022
Sold by
Helen Edwards
Bought by
D-Con Construction Llc
Seller's Agent
Gary Carpenter
Choices Realty Group
Buyer's Agent
Thea Bowers
Gloria Nilson & Co. Real Estate
List Price
$290,000
Sold Price
$265,000
Premium/Discount to List
-$25,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
437.86%

Purchase Details

Closed on
Jan 24, 2003
Sold by
Holdzkom Paul
Bought by
Edwards John and Edwards Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Holdzkom Paul
Bought by
Maffia James
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
Young Brian $565,000 First American Title
D-Con Construction Llc $265,000 Westcor Land Title
Edwards John $190,000 --
Maffia James $27,000 --
Maffia James $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Brian $423,750
Previous Owner Edwards John R $268,000
Previous Owner Edwards John R $248,000
Previous Owner Edwards John $216,000
Previous Owner Edwards John $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $565,000 +9.7% $428 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $515,000 0.0% $390 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $515,000 +94.3% $390 / Sq Ft
08/12/2022 08/12/22 Sold $265,000 -8.6% $201 / Sq Ft
08/07/2022 08/07/22 For Sale $290,000 0.0% $220 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $290,000 -- $220 / 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 $10,402 $607,600 $264,600 $343,000
2024 $6,251 $552,100 $224,100 $328,000
2023 $6,251 $324,200 $174,400 $149,800
2022 $6,008 $324,500 $144,900 $179,600
2021 $6,008 $274,600 $110,800 $163,800
2020 $5,707 $249,100 $94,100 $155,000
2019 $5,378 $227,200 $78,300 $148,900
2018 $5,473 $221,500 $81,400 $140,100
2017 $5,189 $208,900 $76,100 $132,800
2016 $5,129 $206,000 $77,500 $128,500
2015 $5,405 $213,300 $86,500 $126,800
2014 $5,659 $196,000 $86,500 $109,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22237601

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 36-00063-0000-00026