NOT LISTED FOR SALE

551 Newman Springs Rd Lincroft, NJ 07738

Lincroft Neighborhood

Estimated Value: $786,696

2 Beds
1 Bath
5,850 Sq Ft
$134/Sq Ft Est. Value

About This Home

2 bedroom apartment located on the second floor of a professional office building in the heart of Lincroft. Close to college, major highways and shopping. Sorry, no pets.

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
$786,696

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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
02/15/2014 02/15/14 Rented $18,000 0.0% --
11/01/2012 11/01/12 Rented $18,000 -- --

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

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