NOT LISTED FOR SALE

68 Clark Ave Ocean Grove, NJ 07756

Estimated Value: $1,155,000 - $1,227,000

4 Beds
4 Baths
1,916 Sq Ft
$625/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $821,000 $428 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,885/month

25 Days on Market

Highlights

  • Deck
  • Cooling Available
  • 3-minute walk to Ocean Grove Park
  • Wood Flooring
  • Energy-Efficient Appliances

About This Home

As of August 2021

Best and Final due Monday June 7 by 5 pm This home is now a multi offer situation.4 units avail for renting or large groups. Total rehab has been completed. New kitchens, baths everything done in this beautiful Circa 1920 home. This summer you could be sitting on your covered porch. Seller responsible for co and fire .

Last Agent to Sell the Property

Joyce Gambilonghi

RE/MAX First Realty License #0678029 Listed on: 06/03/2021

RE/MAX First Realty

Co-Listed By

Frank Gambilonghi

RE/MAX First Realty License #1112235

Last Buyer's Agent

Kimberly Newsome

Resources Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,906

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 32 x 60

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Basement

  • Dirt Floor
  • Basement Storage

Parking

  • No Garage
  • Off-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Deck

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: nothing
  • Assessor Parcel Number 35-00267-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,906

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Co List Office Mls Id: 761
  • Co List Office Phone: 732-257-3500
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 32 x 60
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Basement Shared Storage3: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: None

Interior Features

  • Basement: Dirt Floor, Other, Shared Storage
  • Basement: No
  • Stories: 2
  • BasementOther: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exclusions: nothing
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 32 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00267-0000-00006
  • Zoning Description: Residential, Planned Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: See Remarks

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9906.0
  • Tax Other Annual Assessment Amount: 475100.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Hsbc Bank Usa
Bought by
Rutgers Bakery & Cafe Llc
Current Estimated Value
$1,197,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,030
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2017
Sold by
Crownover Denise and Crownover David
Bought by
Hsbc Bank Usa National Association and Stern & Eisenberg Pc

Purchase Details

Closed on
Oct 17, 2017
Sold by
Monmouth County Sheriff
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
May 15, 2002
Sold by
Odonnell William
Bought by
Drownover David and Drownover Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 1999
Sold by
Schneck Eric
Bought by
Odonnell William and Lake Jean Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 1994
Sold by
Little David
Bought by
Schneck Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.07%
Mortgage Type
Commercial
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
Rutgers Bakery & Cafe Llc $443,200 Premium Title Services Inc
Hsbc Bank Usa National Association $1,000 None Available
Hsbc Bank Usa Na $1,000 --
Drownover David $178,000 --
Odonnell William $105,000 --
Schneck Eric $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denarius Holdings Llc $640,000
Closed Denarius Holdings Llc $600,000
Closed Rutgers Bakery & Cafe Llc $517,030
Previous Owner Crownover Denise $235,000
Previous Owner Crownover Denise $100,000
Previous Owner Drownover David $122,500
Previous Owner Odonnell William $94,500
Previous Owner Schneck Eric $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $821,000 +5.4% $428 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $779,000 +61.0% $407 / Sq Ft
05/06/2019 05/06/19 Sold $484,000 -- $247 / 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 $16,331 $1,243,500 $432,800 $810,700
2023 $16,331 $920,600 $425,800 $494,800
2022 $17,052 $837,900 $316,200 $521,700
2021 $17,052 $503,500 $305,700 $197,800
2020 $9,906 $475,100 $287,600 $187,500
2019 $9,538 $451,400 $252,400 $199,000
2018 $9,603 $449,800 $252,400 $197,400
2017 $9,556 $429,300 $246,500 $182,800
2016 $9,103 $408,200 $228,300 $179,900
2015 $9,332 $426,100 $250,600 $175,500
2014 $9,455 $354,800 $175,600 $179,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joyce Gambilonghi

    RE/MAX

    Section Image
  • Frank Gambilonghi

    Seller Co-Listing Agent in 2021

    Frank Gambilonghi

    RE/MAX

    1 in this area

    39 Total Sales

    Frank Gambilonghi
    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Newsome

    Resources Real Estate

  • E

    Seller's Agent in 2019

    Elena Levin

    RealHome Services and Solutions, Inc

    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2019

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117558

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00267-0000-00006

New Jersey Monmouth County Ocean Grove 07756

68 Clark Ave, Ocean Grove, NJ

This home is located at 68 Clark Ave, Ocean Grove, NJ 07756 since 03 June 2021 and is currently estimated at $1,197,384, approximately $624 per square foot. This property was built in 1920. 68 Clark Ave is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel 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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