NOT LISTED FOR SALE

551 Newman Springs Rd Unit 4 Lincroft, NJ 07738

Estimated Value: $798,150

1 Bed
1 Bath
-- Sq Ft
0.49 Acres

Highlights

  • Fitness Center
  • Oversized Parking
  • Forced Air Heating and Cooling System
  • Thompson Middle School Rated A-
  • Living Room
  • Wall to Wall Carpet

About This Home

As of June 2017

Spacious and inviting 1 Bedroom 1 Bath rental available in desirable Lincroft. Oversized rooms and open floorplan. Move in ready with fresh paint and newer carpeting throughout. Landlord pays electric, gas and water! Great for commuters with convenient location in center of town and minutes from GSP exit 109 and Park and Ride. Walking distance to shops and restaurants. Full size washer and dryer. This rental is part of a larger building with 2 residential units and 3 medical offices below.

Last Agent to Rent the Property

Jennifer Bernabeo

EXP Realty License #1434725 Listed on: 05/10/2017

EXP Realty

Last Renter's Agent

Marc Brennan

Berkshire Hathaway HomeServices New Jersey Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $17,618

Year Built

  • Built in 1961

Lot Details

  • 0.49

Interior Spaces

  • 1-Story Property
  • Living Room
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Oversized Parking
  • Common or Shared Parking
  • Open Parking

Location

  • Upper Level

Schools

  • Lincroft Elementary School
  • Thompson Middle School
  • Middle South High School

Utilities

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

Community Details

  • Fitness Center

Listing and Financial Details

  • Security Deposit $2,025
  • Property Available on 6/1/17
  • Assessor Parcel Number 32-01113-0000-00001

Property Details

Home Type

Apartment

Est. Annual Taxes

$17,618

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1961
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Thompson
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2017-06-01
  • Maintenance Fees Security Deposit3: 2025.0
  • Lease Requirements Security Deposit4: Yes
  • Parking Oversized2: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Oversized, Common, None
  • General Property Info:Garage: No
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

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

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel #: 32-01113-0000-00001

MLS Schools

  • Elementary School: Lincroft
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2008
Sold by
Ibrahim Adel and Hafez Faten M
Bought by
A & F Ibrahim Family Lp
Current Estimated Value
$798,150

Purchase Details

Closed on
Apr 3, 2007
Sold by
Ibrahim Adel and Hafez Faten M
Bought by
Ibrahim Adel and Hafez Faten M

Purchase Details

Closed on
Sep 30, 2004
Sold by
Reeman Christopher
Bought by
Ibrahim Adel and Hafez Faten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1995
Sold by
Hohmeier John
Bought by
Reeman Christopher and Reeman Karen

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
7.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
A & F Ibrahim Family Lp -- None Available
Ibrahim Adel -- None Available
Ibrahim Adel $415,000 --
Reeman Christopher $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & F Ibrahim Family Lp $800,000
Closed A & F Ibrahim Family Lp $1,150,000
Previous Owner Ibrahim Adel $332,000
Previous Owner Reeman Christopher $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Rented $33,600 +7.7% --
02/01/2016 02/01/16 Rented $31,200 -- --
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 $17,618 $1,015,100 $360,800 $654,300
2023 $17,618 $1,013,700 $360,800 $652,900
2022 $18,104 $964,200 $345,300 $618,900
2021 $18,104 $870,400 $332,200 $538,200
2020 $21,850 $1,022,000 $332,200 $689,800
2019 $21,029 $995,700 $343,300 $652,400
2018 $21,538 $993,900 $343,300 $650,600
2017 $21,756 $993,900 $343,300 $650,600
2016 $21,289 $999,000 $343,300 $655,700
2015 $22,048 $999,000 $343,300 $655,700
2014 $22,607 $999,000 $343,300 $655,700
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Bernabeo

    Landlord's Agent in 2017

    Jennifer Bernabeo

    EXP Realty

    (732) 690-8687

    10 in this area

    46 Total Sales

    Jennifer Bernabeo
    Section Image

  • M

    Tenant's Agent in 2017

    Marc Brennan

    Berkshire Hathaway HomeServices New Jersey Properties

  • M

    Tenant's Agent in 2017

    Mark Brennan

    Preferred Properties Real Estate

    (732) 224-9200

    3 in this area

    22 Total Sales

    Mark Brennan
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21718183

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01113-0000-00001

New Jersey Monmouth County Lincroft 07738

551 Newman Springs Rd Unit 4, Lincroft, NJ

This home is located at 551 Newman Springs Rd Unit 4, Lincroft, NJ 07738 since 10 May 2017 and is currently priced at $798,150. This property was built in 1961. 551 Newman Springs Rd Unit 4 is a home located in Monmouth County with nearby schools including Lincroft Elementary School, Thompson Middle School, and Middletown - South 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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