NOT LISTED FOR SALE

61 Benson Ave Ocean Grove, NJ 07756

Estimated Value: $753,000

4 Beds
3 Baths
1,636 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $587,500 $359 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,761/month

57 Days on Market

About This Home

As of October 2021

PRICE ADJUSTMENT!!!

RARE 3 UNIT Investment property in Ocean Grove. Live in one unit and rent the other two units or potential CONVERSION TO 4 bedroom/3 bath SINGLE FAMILY home !

All units currently leased.

Unit A - 2 BR/1BTH 1st floor with front porch. Recently fully renovated with W/D and basement access and private porches

Unit B - 2nd floor large 1BR/1BTH, living room with bright sunny office space. Below market rent.

Unit C - 1st floor 1BR/1BTH sleeping space in loft. North side of house with private enclosed porch area.

HUGE AIRBNB POSSIBILITIES!!

Backyard space!

Lease and expense information available to serious buyers.

Last Agent to Sell the Property

Carol Dunleavy

Sunrise Coastal Properties License #1222036 Listed on: 05/26/2021

Last Buyer's Agent

Bobir Botir

Green Light Realty License #1861482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,224

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 60

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: Tenant's personal property.
  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 35-00220-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,224

Year Built

Built in 1910

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: Ocean Grove
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 60
  • Location Middle School: Neptune
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 2
  • Appliances:Water Heater - Tankless: Yes
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Tenant's personal property.

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00220-0000-00024
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9224.0
  • Tax Other Annual Assessment Amount: 442400.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2007
Sold by
Garrick Alicia and Oneil Daniel
Bought by
Garrick Alicia M
Current Estimated Value
$753,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$218,024
Interest Rate
6.18%
Mortgage Type
Commercial
Estimated Equity
$568,976

Purchase Details

Closed on
Feb 4, 2000
Sold by
Sicilia Paul
Bought by
Garrick Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,650
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Garrick Alicia M -- Surety Title Corporation
Garrick Alicia $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrick Alicia M $360,000
Closed Garrick Alicia $107,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $587,500 -2.0% $359 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $599,700 0.0% $367 / Sq Ft
06/06/2021 06/06/21 Price Changed $599,800 -3.1% $367 / Sq Ft
05/25/2021 05/25/21 For Sale $619,000 +60.8% $378 / Sq Ft
04/14/2020 04/14/20 Sold $385,000 -- $239 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,615 $763,800 $387,000 $376,800
2024 $12,968 $617,500 $304,200 $313,300
2023 $12,968 $731,000 $489,700 $241,300
2022 $8,223 $540,400 $338,600 $201,800
2021 $8,223 $395,900 $343,600 $52,300
2020 $9,224 $442,400 $337,400 $105,000
2019 $9,063 $428,900 $330,400 $98,500
2018 $9,140 $428,100 $330,400 $97,700
2017 $8,497 $381,700 $256,800 $124,900
2016 $9,937 $445,600 $235,000 $210,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carol Dunleavy

    Sunrise Coastal Properties

    Section Image

  • B

    Buyer's Agent in 2021

    Bobir Botir

    Green Light Realty

    (347) 733-8453

    1 in this area

    3 Total Sales

    Bobir Botir
    Section Image

  • M

    Seller's Agent in 2020

    Melissa Lopresti

    RE/MAX

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22116474

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00220-0000-00024

New Jersey Monmouth County Ocean Grove 07753

61 Benson Ave, Ocean Grove, NJ

Not Listed for Sale

MultiFamily

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.