$537,500
SOLD DEC 31, 2024

7 George St Neptune, NJ 07753

5 Beds
3 Baths
1,800 Sq Ft
8,146 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

4% Above List Price

15 Days on Market

About This Home

As of December 2024

Recently renovated 2 family investment property on Asbury/Neptune boarder. First unit has 3 bedrooms and the second unit has 2 bedrooms, spacious backyard, and prime location near shops, dining, and the beach

Last Agent to Sell the Property

Julie Elkon

J Elkon Realty LLC License #1539500 Listed on: 11/18/2024

Last Buyer's Agent

Michael Mizrahi

Weichert Realtors License #2076694

Weichert Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,186

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 52 x 157

Home Design

  • Duplex

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35-00714-0000-00044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,186

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 52 x 157
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Special Features: None

Interior Features

  • Basement: Tenant Acc
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Waterfront: No

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: 52 x 157
  • Parcel #: 35-00714-0000-00044

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6186.0
  • Tax Other Annual Assessment Amount: 105000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Dec 31, 2024
Sold by
Strategic Equity Solutions Llc
Bought by
Seven George Street Llc
Seller's Agent
Julie Elkon
J Elkon Realty LLC
Buyer's Agent
Michael Mizrahi
Weichert Realtors
List Price
$515,000
Sold Price
$537,500
Premium/Discount to List
$22,500
4.37%
Views
22
Current Estimated Value
$531,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,502
Avg. Annual Appreciation
-2.17%

Purchase Details

Closed on
Aug 27, 2021
Sold by
Susan Govhari
Bought by
Strategic Equity Solutions Llc

Purchase Details

Listed on
May 27, 2017
Closed on
Sep 29, 2017
Sold by
7 George St Llc
Bought by
Govhari Susan
Seller's Agent
Brian Johnson
John C. Conover Agency
Buyer's Agent
Brian Johnson
John C. Conover Agency
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$142,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2014
Sold by
Appleseed Llc
Bought by
7 George St Llc

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 27, 2013
Sold by
Booker Edward J and Booker Hazel L
Bought by
Appleseed Llc
Seller's Agent
Connie King
Weichert Realtors-Ocean
Buyer's Agent
Kelly Victor
Keller Williams Realty East Monmouth
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $537,500 Madison Title
Deed $210,000 Madison Title Agency Llc
Deed $190,000 Madison Title
Deed -- None Available
Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,500 New Conventional
Previous Owner $1,900,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $537,500 +4.4% $299 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $515,000 +171.1% $286 / Sq Ft
11/28/2017 11/28/17 Sold $190,000 0.0% $106 / Sq Ft
07/13/2015 07/13/15 Rented $21,000 0.0% --
07/09/2013 07/09/13 Sold $150,000 -- $83 / 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 $6,186 $390,000 $173,800 $216,200
2023 $6,186 $342,500 $131,300 $211,200
2022 $4,351 $259,900 $86,800 $173,100
2021 $4,351 $205,900 $72,800 $133,100
2020 $3,840 $181,300 $55,200 $126,100
2019 $3,707 $172,800 $54,500 $118,300
2018 $3,685 $169,800 $54,500 $115,300
2017 $3,642 $161,200 $54,500 $106,700
2016 $3,613 $159,500 $54,500 $105,000
2015 $3,496 $157,000 $54,500 $102,500
2014 $4,467 $164,900 $43,400 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22433089

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00714-0000-00044