$827,000
SOLD OCT 21, 2024

62 Ocean Blvd Atlantic Highlands, NJ 07716

6 Beds
5 Baths
2,611 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$317 Per Sq Ft

13% Below List Price

36 Days on Market

Highlights

  • Bay View
  • Screened Porch
  • Air Conditioning
  • Atlantic Highlands Elementary School Rated A-
  • Thermal Windows
  • Heating System Uses Steam

About This Home

As of October 2024

Excellent investment opportunity to own a five-family home located in a beautiful residential area on Ocean Boulevard. This property is a very short distance to the NYC ferry, offering easy access to the city, and is close to town, excellent restaurants, the Henry Hudson Trail, and public tennis and paddle courts. Each apartment features window air conditioners and separate meters for electric, gas cooking, and refrigerators, while the owner pays for heat, water, and sewer. Additionally, there is plenty of on-site parking available. This is an ideal investment opportunity in a highly desirable location with a very strong rental potential.

Last Agent to Sell the Property

Laura Gambacorto

O'Brien Realty, LLC License #8440371 Listed on: 08/08/2024

O'Brien Realty, LLC

Co-Listed By

Catherine Sheehan McHugh

O'Brien Realty, LLC License #1971340

Last Buyer's Agent

John Yablonski

Keller Williams Realty East Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,074

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,611 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Screened Porch
  • Bay Views
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Atl Highland Elementary School
  • Henry Hudson Reg Middle School
  • Henry Hudson High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • Oil Water Heater

Listing and Financial Details

  • Exclusions: Tenant's possessions.
  • Tenant pays for gas, electricity
  • The owner pays for hot water, yard maintenance, water, snow removal, sewer, heat, garbage removal
  • Assessor Parcel Number 05-00060-0000-00001

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $5,547
  • Water Sewer Expense $10,188
  • Gross Income $55,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,074

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Five Family
  • ResoLotFeatures: Level
  • Co List Office Mls Id: 3739
  • Co List Office Phone: 732-229-3532
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Henry Hudson Reg
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Water Type Bayview: Yes
  • Exterior Porch - Screened: Yes
  • Cooling Multi Units: Yes
  • Siding Cedar: Yes
  • Water Heater Oil: Yes
  • General Property Info # Parking Spaces: 6.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 AC Unit2: Yes
  • Income Expenses Insurance Expense: 5547.0
  • Income Expenses WaterSewer Expense: 10188.0
  • Income Expenses Gross Income2: 55755.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 5 Gas Stove9: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.19
  • Waterfront Features: Bayview
  • Waterfront: No
  • Exclusions: Tenant's possessions.
  • Construction Type: Cedar
  • Exterior Features: Porch - Screened, Thermal Window, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, None
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 10188.0

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 05-00060-0000-00001
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Sewer, Heat, Garbage Removal

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10074.0
  • Tax Other Annual Assessment Amount: 614300.0

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 55755.0
  • Insurance Expense: 5547.0

MLS Schools

  • Elementary School: Atl Highland
  • High School: Henry Hudson

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $827,000 -12.9% $317 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $950,000 +78.9% $364 / Sq Ft
06/28/2016 06/28/16 Sold $531,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Laura Gambacorto

    O'Brien Realty, LLC

    (732) 890-7007

    1 in this area

    22 Total Sales

    Laura Gambacorto
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Catherine Sheehan McHugh

    O'Brien Realty, LLC

    (732) 233-9168

    1 in this area

    11 Total Sales

    Catherine Sheehan McHugh
    Section Image

  • J

    Buyer's Agent in 2024

    John Yablonski

    Keller Williams Realty East Monmouth

  • Edwin Oels

    Buyer Co-Listing Agent in 2024

    Edwin Oels

    O'Brien Realty, LLC

    (908) 447-4280

    4 in this area

    123 Total Sales

    Edwin Oels
    Section Image

  • H

    Seller's Agent in 2016

    Helen Lehen

    VRI Homes

    (732) 291-0070

    1 Total Sale

    Helen Lehen
    Section Image
  • Anthony Krsyzckowski

    Buyer's Agent in 2016

    Anthony Krsyzckowski

    Diane Turton, Realtors-Rumson

    (908) 601-1950

    1 Total Sale

    Anthony Krsyzckowski
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22422891

MOREMLS (Monmouth Ocean Regional REALTORS®)

New Jersey Monmouth County Atlantic Highlands 07716

62 Ocean Blvd, Atlantic Highlands, NJ

This home is located at 62 Ocean Blvd, Atlantic Highlands, NJ 07716 and is currently priced at $827,000, approximately $316 per square foot. This property was built in 1920. 62 Ocean Blvd is a home located in Monmouth County with nearby schools including Atlantic Highlands Elementary School, Henry Hudson Regional School, and Mountain Hill 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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