$894,899 - $1,081,000
RENTED OCT 22, 2024

71 Mount Hermon Way Unit 1 Ocean Grove, NJ 07756

2 Beds
1.5 Baths
1,898 Sq Ft
$518 Price per Sq Ft

Highlights

  • Wood Flooring
  • Great Room
  • Air Conditioning
  • Furnished
  • Cottage
  • 1-minute walk to Greenleaf Park

About This Home

As of October 2024

Discover the perfect winter getaway located just three blocks from the beach and near the heart of Historic Ocean Grove. This inviting two-bedroom rental features an open floor plan on the ground level, seamlessly connecting the living and dining areas. At the rear, a quaint kitchen opens up to a cozy private yard, ideal for relaxation.The second floor boasts a spacious open bedroom, accompanied by an additional bedroom and a full bath. This delightful property is available from October 15th to May 1st. Don't miss the chance to enjoy this charming retreat this winter!

Last Agent to Rent the Property

Jack Green

Jack Green Realty License #0902169 Listed on: 10/04/2024

Jack Green Realty

Last Renter's Agent

Jack Green

Jack Green Realty License #0902169 Listed on: 10/04/2024

Jack Green Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,271

Year Built

  • Built in 1885

Lot Details

  • 1,742 Sq Ft Lot
  • Historic Home

Home Design

  • Duplex
  • Cottage

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include trash, sewer
  • Ocean Grove Subdivision

Listing and Financial Details

  • Property Available on 10/15/24
  • Ask Agent About Lease Term
  • Assessor Parcel Number 35-00149-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,271

Year Built

Built in 1885

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-10-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Reso Association Fee Includes: Trash, Sewer
  • Inclusions: Washer, Ceiling Fan(s), Microwave, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: Ocean Grove
  • Architectural Style: Historic, Cottage/Bungalow
  • Reso Flooring: Vinyl, Wood
  • Year Built: 1885
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Neptune
  • Included Gas Cooking: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Contract Info Available Date: 2024-10-15
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Style CottageBungalow: Yes
  • General Property Info # Parking Spaces3: 0
  • Furnished Full2: Yes
  • GreatFamily Room Floor - LinoleumVinyl5: Yes
  • Lease Terms Winter: Yes
  • Style Historic: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Acres: 0.04
  • 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: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00149-0000-00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2012
Sold by
Freer Alexandra and Chilvers Christopher
Bought by
Freer Alexandra
Current Estimated Value
$982,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,600
Outstanding Balance
$187,858
Interest Rate
3.86%
Mortgage Type
Commercial
Estimated Equity
$794,867

Purchase Details

Closed on
Feb 25, 2004
Sold by
Freer Alexandra
Bought by
Sheehan Michael

Purchase Details

Closed on
Feb 28, 1995
Sold by
Jones Flave
Bought by
Sheehan Michael and Sheehan Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
9.09%
Mortgage Type
Commercial
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
Freer Alexandra -- Lsi
Sheehan Michael $349,000 --
Sheehan Michael $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freer Alexandra $274,600
Previous Owner Sheehan Michael $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Rented $12,950 +600.0% --
10/18/2024 10/18/24 Under Contract -- -- --
10/04/2024 10/04/24 Price Changed $1,850 +2.8% $1 / Sq Ft
10/04/2024 10/04/24 For Rent $1,800 -- --
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 $13,271 $993,100 $518,100 $475,000
2024 $12,505 $772,000 $376,500 $395,500
2023 $12,505 $704,900 $493,000 $211,900
2022 $11,133 $665,200 $456,600 $208,600
2021 $10,421 $536,000 $375,600 $160,400
2020 $10,667 $511,600 $359,600 $152,000
2019 $10,421 $493,200 $350,600 $142,600
2018 $10,506 $492,100 $350,600 $141,500
2017 $9,494 $426,500 $295,500 $131,000
2016 $8,936 $400,700 $271,800 $128,900
2015 $9,886 $451,400 $325,600 $125,800
2014 $9,999 $375,200 $225,600 $149,600
Source: Public Records

Agents Affiliated with this Home

  • Jack Green

    Landlord's Agent in 2024

    Jack Green

    Jack Green Realty

    (732) 832-9685

    52 in this area

    77 Total Sales

    Jack Green
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22428888

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00149-0000-00015

New Jersey Monmouth County Ocean Grove 07756

71 Mount Hermon Way Unit 1, Ocean Grove, NJ

This home is located at 71 Mount Hermon Way Unit 1, Ocean Grove, NJ 07756 since 04 October 2024 and is currently priced at $982,725. This property was built in 1885. 71 Mount Hermon Way Unit 1 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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