NOT LISTED FOR SALE

71 Mount Hermon Way Unit B Ocean Grove, NJ 07756

Neptune Neighborhood

Estimated Value: $887,464 - $1,193,000

1 Bed
1 Bath
1,898 Sq Ft
$518/Sq Ft Est. Value

About This Home

Great 1 Bedroom Annual rental in the heart of Ocean Grove. Newly renovated with all new appliances.

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
$983,616

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

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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
02/01/2017 02/01/17 Rented $16,200 -- --

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

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