NOT LISTED FOR SALE

6 Union Ave Neptune, NJ 07753

Estimated Value: $518,000 - $1,843,000

5 Beds
3 Baths
1,974 Sq Ft
$440/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $480,000 $243 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,228/month

21 Days on Market

Highlights

  • Attic
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Double-Wide Driveway
  • Shed

About This Home

As of February 2024

Welcome to your new 2 Family Investment Property in Neptune, where comfort and convenience meet affordability. Located in a tranquil neighborhood, this property offers the best of both worlds - a cozy upper unit and a spacious lower unit. Upper Unit: 1 Bed, 1 Bath. Just renovated w/ new carpeting, stove, refrigerator, toilet, and vanity. The entire unit has been freshly painted, providing a clean feel. The water heater was replaced just 2 years ago, ensuring efficiency and peace of mind. Lower Unit: Large 3 bedrooms and 1 bath with a spacious eat-in kitchen. Conveniently located by schools, shops, dining, highways and short drive to the beach.

Last Agent to Sell the Property

Charles Cutaia-Hamilton

Patrick Parker Realty License #1005293 Listed on: 12/21/2023

Last Buyer's Agent

Cynthia Meehan

Christie's Int'l RE Group License #0896996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,928

Home Design

  • Duplex
  • Shingle Roof

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Double-Wide Driveway
  • Off-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Washer and Dryer Hookup
  • Shed
  • Attic

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, snow removal, gas, electricity
  • The owner pays for grounds care, sewer, garbage removal
  • Assessor Parcel Number 35-01107-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • Reso Other Structures: Shed
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Parking Double Wide: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Double Wide
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-01107-0000-00009

Rental Info

  • Tenant Pays: Water, Snow Removal, Gas, Electricity
  • Owner Pays: Grounds Care, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6928.0
  • Tax Other Annual Assessment Amount: 383600.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 21, 2024
Sold by
Stewart Gary L and Smith Kanika N
Bought by
Mazza Michael
Seller's Agent
Charles Cutaia-Hamilton
Patrick Parker Realty
Buyer's Agent
Cynthia Meehan
Christie's Int'l RE Group
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Views
169
Current Estimated Value
$867,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,993
Avg. Annual Appreciation
40.56%
Original Mortgage
$480,000
Outstanding Balance
$471,129
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$396,864

Purchase Details

Closed on
Mar 31, 2021
Sold by
Deutsche Bank National Trust Company
Bought by
Stewart Gary L and Stewart Diane T

Purchase Details

Closed on
Apr 16, 2009
Sold by
Stewart Diane T
Bought by
Stewart Gary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mazza Michael $480,000 Scott Title Services
Mazza Michael $480,000 Scott Title Services
Stewart Gary L $77,900 None Available
Stewart Gary L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazza Michael $480,000
Closed Mazza Michael $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $480,000 +6.7% $243 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $450,000 -- $228 / 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 $7,832 $498,900 $257,900 $241,000
2024 $6,928 $447,300 $244,900 $202,400
2023 $6,928 $383,600 $185,900 $197,700
2022 $5,509 $312,500 $150,800 $161,700
2021 $5,509 $260,700 $136,400 $124,300
2020 $5,189 $245,000 $127,200 $117,800
2019 $4,704 $219,300 $108,800 $110,500
2018 $4,655 $214,500 $104,800 $109,700
2017 $4,787 $211,900 $110,800 $101,100
2016 $4,763 $210,300 $110,800 $99,500
2015 $4,628 $207,800 $110,800 $97,000
2014 $4,375 $161,500 $51,100 $110,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Charles Cutaia-Hamilton

    Patrick Parker Realty

    (732) 791-6971

    1 in this area

    3 Total Sales

    Charles Cutaia-Hamilton
    Section Image
  • Cynthia Meehan

    Buyer's Agent in 2024

    Cynthia Meehan

    Christie's Int'l RE Group

    (201) 240-0976

    9 in this area

    79 Total Sales

    Cynthia Meehan
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334229

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-01107-0000-00009

New Jersey Monmouth County Neptune 07753

6 Union Ave, Neptune, NJ

Not Listed for Sale

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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