NOT LISTED FOR SALE

7 Abbott Ave Unit 1W Ocean Grove, NJ 07756

Estimated Value: $1,357,000

1 Bed
1 Bath
-- Sq Ft
2,526 Sq Ft Lot

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heating Available
  • Ceramic Tile Flooring
  • Historic Home
  • 3-minute walk to Ocean Grove Park

About This Home

As of June 2024

Ocean Grove Beach Block Annual Rental - 1 bedroom, 1 bath apartment with modern finishes throughout. Only 4 houses in from the beach, 4 blocks to Ocean Grove downtown, and about 1 mile to Asbury Park downtown. Rare opportunity just in time for Summer. Tenant only pays electric utility. No pets, no smoking.

Last Agent to Rent the Property

Philip Bertole III

Sackman Realty License #1111638 Listed on: 05/14/2024

Sackman Realty

Co-Listed By

Brian Johnson

Sackman Realty License #1537239

Last Renter's Agent

Thea Bowers

RE/MAX Gateway License #0787334

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,921

Year Built

  • Built in 1890

Lot Details

  • 2,526

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Multiple cooling system units
  • Heating Available

Additional Features

  • Historic Home
  • Lower Level

Community Details

  • 4 Units

Listing and Financial Details

  • Security Deposit $2,812
  • Property Available on 7/5/24
  • Assessor Parcel Number 35-00230-0000-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,921

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-05

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Four Family
  • Co List Office Mls Id: 3798
  • Co List Office Phone: 732-798-8188
  • Inclusions: Stove, Ceiling Fan(s), Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Historic, Lower Level
  • Year Built: 1890
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Floor - Laminate3: Yes
  • Kitchen Floor - Laminate2: Yes
  • Contract Info Available Date: 2024-07-05
  • Maintenance Fees Security Deposit3: 2812.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Style Lower Level: Yes
  • Style Historic: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bedroom Floor - Laminate8: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00230-0000-00016

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 1996
Sold by
Wengenroth Raymond
Bought by
Baziotis John and Baziotis Barbara
Current Estimated Value
$1,357,000
Source: Public Records

Range of Values:

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Average Value
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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
Baziotis John $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Elaine $192,000
Closed Brown Elaine $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Rented $22,500 +1100.0% --
05/21/2024 05/21/24 Under Contract -- -- --
05/14/2024 05/14/24 For Rent $1,875 -- --
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 $21,921 $1,559,700 $728,300 $831,400
2023 $21,921 $1,235,700 $728,300 $507,400
2022 $19,630 $1,067,400 $691,600 $375,800
2021 $19,294 $945,100 $656,200 $288,900
2020 $19,391 $930,000 $656,200 $273,800
2019 $19,294 $913,100 $656,200 $256,900
2018 $19,452 $911,100 $656,200 $254,900
2017 $14,841 $666,700 $430,700 $236,000
2016 $14,785 $663,000 $430,700 $232,300
2015 $16,918 $772,500 $545,800 $226,700
2014 $18,575 $697,000 $370,800 $326,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22413462

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00230-0000-00016