NOT LISTED FOR SALE

6 Locust St Highlands, NJ 07732

Estimated Value: $584,884 - $665,000

4 Beds
2.5 Baths
1,176 Sq Ft
$527/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $450,000 $383 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,153/month

14 Days on Market

Highlights

  • Tankless Water Heater
  • 1-Story Property
  • 3-minute walk to Henry Hudson Trail / Popamora Point
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

HUGE POTENTIAL!!!!! Charming investment property with two houses. Front house offers 3 bedrooms, 1.5 baths, open concept living. Kitchen is huge and the layout is great for a family. Back house is a very cute 1 bedroom cottage. Front house is vacant and ready for its next tenants. Once fully rented at markets rates this home will be a great investment! Home is being sold as is.

Last Agent to Sell the Property

Vincent Hennessey

Coldwell Banker Realty Listed on: 10/22/2021

Last Buyer's Agent

Vincent Hennessey

RE/MAX Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,073

Year Built

  • Built in 1935

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School
  • Henry Hudson High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 19-00102-0000-00003-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,073

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1935
  • 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: 50 x 100
  • Location Middle School: Henry Hudson Reg
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Tenants Personal Property

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

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: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 19-00102-0000-00003-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6073.0
  • Tax Other Annual Assessment Amount: 248800.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Highlands
  • High School: Henry Hudson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
6 Locust Llc
Bought by
6 Locust Street Llc
Current Estimated Value
$619,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 6, 2021
Sold by
Grumbach John R and Grumbach Georgina E
Bought by
6 Locust Llc
Seller's Agent
Vincent Hennessey
Coldwell Banker Realty
Buyer's Agent
Vincent Hennessey
RE/MAX Generations
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
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
6 Locust Street Llc -- Break Water Title
6 Locust Llc $450,000 Break Water Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 6 Locust Street Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $450,000 -5.3% $383 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $475,000 -- $404 / 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 $8,582 $447,300 $132,600 $314,700
2023 $8,582 $427,800 $120,400 $307,400
2022 $6,173 $277,400 $61,200 $216,200
2021 $6,173 $248,800 $55,700 $193,100
2020 $6,073 $244,500 $55,700 $188,800
2019 $6,433 $227,700 $55,700 $172,000
2018 $6,142 $219,200 $63,700 $155,500
2017 $6,164 $219,200 $63,700 $155,500
2016 $6,065 $219,200 $63,700 $155,500
2015 $6,054 $216,600 $63,700 $152,900
2014 $6,130 $185,300 $87,500 $97,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vincent Hennessey

    Coldwell Banker Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22134558

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00102-0000-00003-01

New Jersey Monmouth County Highlands 07716

6 Locust St, Highlands, NJ

This home is located at 6 Locust St, Highlands, NJ 07732 since 22 October 2021 and is currently estimated at $619,471, approximately $526 per square foot. This property was built in 1935. 6 Locust St is a home located in Monmouth County with nearby schools including Highlands Elementary School, Henry Hudson Regional School, and Holy Cross 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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