$888,728 - $1,048,000
RENTED OCT 22, 2024

71 Mount Hermon Way Unit 1 Ocean Grove, NJ 07756

2 Beds
2 Baths
1,898 Sq Ft
$500 Price per Sq Ft

About This Home

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!

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
$949,932

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
Interest Rate
3.86%
Mortgage Type
Commercial

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Chilvers Christopher David $257,000
Closed Freer Alexandra $274,600
Closed Freer Alexandra $285,000
Closed Freer Alexandra L $100,000
Previous Owner Sheehan Michael $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- --

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 $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

    Seller's Agent in 2024

    Jack Green

    Jack Green Realty

    (732) 832-9685

    48 in this area

    73 Total Sales

    Jack Green
    Section Image
See All Agents

Map

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 and is currently estimated at $949,932, approximately $500 per square foot. 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.

Nearby Homes