NOT LISTED FOR SALE

70 Mount Hermon Way Unit 2 Ocean Grove, NJ 07756

Estimated Value: $1,233,000 - $1,426,000

1 Bed
1 Bath
3,102 Sq Ft
$422/Sq Ft Est. Value

Highlights

  • No HOA
  • Porch
  • Living Room
  • Balcony
  • Cooling Available
  • 1-minute walk to Greenleaf Park

About This Home

As of February 2024

Very spacious one bedroom apartment just 3.5 blocks to beach and one block to center of town. First floor unit in 4 family building features open Living/Dining/Kitchen, large bedroom & tons of closet space. New York City bus/train, downtown Asbury Park & many shops/restaurants nearby. Strong application, references and credit report a must. No smoking/vaping/candles on premises. No dogs permitted. Cat on case by case. Paneling cannot be painted.

Last Agent to Rent the Property

Anna Jackow

RE/MAX Gateway License #9697027 Listed on: 12/20/2023

RE/MAX Gateway

Last Renter's Agent

Anna Jackow

RE/MAX Gateway License #9697027 Listed on: 12/20/2023

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,949

Year Built

  • Built in 1970

Lot Details

  • 3,049

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 3,102 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Stove

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 3,049 Sq Ft Lot
  • Lower Level

Community Details

  • No Home Owners Association
  • Association fees include trash, water, sewer
  • 4 Units

Listing and Financial Details

  • Property Available on 1/15/24
  • Assessor Parcel Number 35-00163-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,949

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-01-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Four Family
  • Reso Association Fee Includes: Trash, Water, Sewer
  • Inclusions: Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Reso Interior Features: Balcony
  • Year Built: 1970
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.07
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2024-01-15
  • Lease Requirements Security Deposit4: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes
  • Primary Bath Floor - LinoleumVinyl9: Yes

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Exterior Features: Porch - Open

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: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 35-00163-0000-00004

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 1992
Bought by
Marzano Associates
Current Estimated Value
$1,308,676
Source: Public Records

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 Buyer Sale Price Title Company
Marzano Associates $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Rented $19,800 +1137.5% --
01/18/2024 01/18/24 Under Contract -- -- --
12/20/2023 12/20/23 For Rent $1,600 -91.7% --
12/26/2022 12/26/22 Rented $19,200 +1100.0% --
11/26/2022 11/26/22 For Rent $1,600 -89.7% --
11/01/2020 11/01/20 Rented $15,600 +1100.0% --
10/23/2020 10/23/20 Under Contract -- -- --
10/07/2020 10/07/20 For Rent $1,300 -91.0% --
12/15/2018 12/15/18 Rented $14,400 -- --
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 $19,949 $1,135,400 $625,500 $509,900
2024 $17,767 $1,160,500 $401,700 $758,800
2023 $17,767 $1,001,500 $520,800 $480,700
2022 $14,296 $855,800 $481,800 $374,000
2021 $13,341 $688,300 $400,800 $287,500
2020 $13,705 $657,300 $384,800 $272,500
2019 $13,341 $631,400 $375,800 $255,600
2018 $12,874 $603,000 $375,800 $227,200
2017 $11,820 $531,000 $320,700 $210,300
2016 $11,239 $504,000 $297,000 $207,000
2015 $12,106 $552,800 $350,800 $202,000
2014 $11,193 $420,000 $250,800 $169,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334202

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00163-0000-00004