NOT LISTED FOR SALE

71 Mount Tabor Way Ocean Grove, NJ 07756

Estimated Value: $964,000 - $1,449,000

5 Beds
3 Baths
2,372 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $749,000 $316 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,238/month

16 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Natural Gas
  • 1-minute walk to Greenleaf Park

About This Home

As of February 2019

This Historic Ocean Grove 3 family home sits in front of Green Leaf park. This unique home offer 3 renovated units and it is only 3 blocks to the beach, 2 blocks to the center of town and close to Asbury Park. The first level offer 2 units, one is a 1 bedroom with living room, kitchen, bath and laundry. The other unit is a 2 bedroom, living room, dining room, kitchen, bath and laundry. Both units share a large porch facing the park. the owners unit occupies the entire 2nd and 3rd level. This spacious unit offer a foyer, open living/dining room, new kitchen, bedroom, bath with laundry and a wrap around porch. he upper level is the master suite with a large bath with soaking tub separate shower and double sinks. Come take a look so many possibilities here!

Last Agent to Sell the Property

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 01/02/2019

RE/MAX Gateway

Last Buyer's Agent

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 01/02/2019

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,386

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 32 x 60

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Neptune Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00142-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,386

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Wood
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 32 x 60
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 32 x 60
  • Parcel #: 35-00142-0000-00007

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11386.0
  • Tax Other Annual Assessment Amount: 533300.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2001
Sold by
Burleson Michael
Bought by
White Kathryn and Kovalcik Susan
Current Estimated Value
$1,135,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$97,943
Interest Rate
7.2%
Mortgage Type
Commercial
Estimated Equity
$1,037,904

Purchase Details

Closed on
Nov 29, 1999
Sold by
Mocik Kevin
Bought by
Burleson Michael and Burleson Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
White Kathryn $320,000 --
Burleson Michael $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Kathryn $256,000
Previous Owner Burleson Michael $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2019 02/28/19 Sold $749,000 +96.1% $316 / Sq Ft
02/01/2016 02/01/16 Sold $382,000 -- $166 / Sq Ft View Prior Sale
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 $14,596 $999,600 $518,100 $481,500
2024 $13,862 $849,100 $376,500 $472,600
2023 $13,862 $781,400 $493,000 $288,400
2022 $13,870 $836,600 $456,600 $380,000
2021 $12,655 $667,800 $375,600 $292,200
2020 $14,993 $719,100 $359,600 $359,500
2019 $12,655 $598,900 $350,600 $248,300
2018 $11,386 $533,300 $350,600 $182,700
2017 $10,344 $464,700 $295,500 $169,200
2016 $9,774 $438,300 $271,800 $166,500
2015 $10,689 $488,100 $325,600 $162,500
2014 $12,784 $479,700 $225,600 $254,100
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Fresnedo

    Seller's Agent in 2019

    Alfredo Fresnedo

    RE/MAX

    (732) 763-2961

    48 in this area

    64 Total Sales

    Alfredo Fresnedo
    Section Image
  • Kathleen Festino

    Seller's Agent in 2016

    Kathleen Festino

    C21/ Lawrence Realty

    (732) 300-3511

    1 in this area

    91 Total Sales

    Kathleen Festino
    Section Image

  • M

    Buyer's Agent in 2016

    Mary Winkler

    Oliver Brothers

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21900144

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00142-0000-00007

New Jersey Monmouth County Ocean Grove 07756

71 Mount Tabor Way, Ocean Grove, NJ

This home is located at 71 Mount Tabor Way, Ocean Grove, NJ 07756 since 02 January 2019 and is currently estimated at $1,135,847, approximately $478 per square foot. This property was built in 1900. 71 Mount Tabor Way 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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