NOT LISTED FOR SALE

7 Galassi Ct Jackson, NJ 08527

Estimated Value: $796,789 - $1,038,000

1 Acre
$917,395 Price per Acre
43,560 Sq Ft Lot

Last Sold March 14, 2024

Last sale price $725,000

Est. 26% increase in value since last sale

Current estimated payment $5,079/month

60 Days on Market

About This Lot

As of March 2024

Once in a lifetime opportunity!

Fantastic CLEARED 1 acre property. surrounded by new construction!

Last Agent to Sell the Property

Tzvi Holtz

Four Points Realty License #1109141 Listed on: 10/30/2023

Last Buyer's Agent

Tzvi Holtz

Four Points Realty License #1109141 Listed on: 10/30/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,893

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac

Utilities

  • Gas Available at Street
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 12-21401-0000-00036

Community Details

Overview

  • Kensington Mnr Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$9,893

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Cul-De-Sac
  • Subdivision Name: Kensington Mnr
  • General Property Info Waterview: No
  • General Property Info Acreage: 1.0
  • General Property Info Lot Dimensions: 100x400 gets wider in rear of property
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Cul-De-Sac: Yes
  • WaterSewer Septic - Needed: Yes
  • WaterSewer Well - Needed: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.0
  • Waterfront: No

Lot Info

  • Lot Dimensions: 100x400 gets wider in rear of property
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 12-21401-0000-00036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9893.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Mar 13, 2024
Sold by
Kaplan Aaron and Prager Avrohom
Bought by
7 Galassi Llc
Seller's Agent
Tzvi Holtz
Four Points Realty
Buyer's Agent
Tzvi Holtz
Four Points Realty
List Price
$1,899,000
Sold Price
$725,000
Premium/Discount to List
-$1,174,000
-61.82%
Views
52
Current Estimated Value
$916,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,084
Avg. Annual Appreciation
14.14%

Purchase Details

Closed on
Apr 25, 2022
Sold by
Sheriff Of The County Of Ocean
Bought by
Huth Edward and Huth Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2002
Sold by
Hill Christopher
Bought by
Huth Edward and Huth Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.08%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Bogush Gregory G and Bogush Cynthia K Hutson
Bought by
Hill Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,825
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1995
Sold by
Weinberg Solomon
Bought by
Bogush Gregory and Bogush Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.7%
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
7 Galassi Llc $725,000 Sutton Land Title
7 Galassi Llc $725,000 Sutton Land Title
Huth Edward $778,331 None Listed On Document
Huth Edward $264,900 --
Hill Christopher $185,000 --
Bogush Gregory $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huth Edward $525,000
Previous Owner Huth Edward $225,000
Previous Owner Hill Christopher $173,825
Previous Owner Bogush Gregory $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $725,000 -9.3% --
12/29/2023 12/29/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $799,500 -57.9% --
10/30/2023 10/30/23 For Sale $1,899,000 -- --
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 $3,343 $398,500 $398,500 --
2024 $10,109 $125,100 $125,100 $0
2023 $9,893 $391,500 $125,100 $266,400
2022 $9,893 $391,500 $125,100 $266,400
2021 $9,791 $391,500 $125,100 $266,400
2020 $9,662 $391,500 $125,100 $266,400
2019 $9,529 $391,500 $125,100 $266,400
2018 $9,298 $391,500 $125,100 $266,400
2017 $9,044 $391,500 $125,100 $266,400
2016 $8,871 $391,500 $125,100 $266,400
2015 $8,867 $391,500 $125,100 $266,400
2014 $8,617 $391,500 $125,100 $266,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22330276

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-21401-0000-00036