NOT LISTED FOR SALE

72 Lake Ave Unit AVE 1/2 Ocean Grove, NJ 07756

Estimated Value: $831,000 - $1,041,000

3 Beds
2.5 Baths
1,500 Sq Ft
$629/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $770,000 $513 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,348/month

119 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Marble Bathroom Countertops
  • Lake On Lot
  • Wood Flooring
  • 2-minute walk to Founder's Park

About This Home

As of December 2018

Lowest Priced waterfront Single family home in Ocean Grove! Pristine turn key living. Renovated to the studs. No flood zone-overlooking Wesley Lake and downtown Asbury Park and 3 blocks to the beach. 3 Bedrm, 2.5 bath, Large Closets, Wood Floors throughout, Chef's kitchen, Mud room with Laundry area, Mahogany porch and Waterfront Views make for spectacular sunsets...Make this your Summer or Year round respite. Unpack and enjoy!

Last Agent to Sell the Property

Bridget Gannon Smith

Diane Turton, Realtors-Wall Listed on: 06/22/2018

Last Buyer's Agent

Kenneth Rickel

Vail Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 32 x 46
  • Lake Front
  • Land Lease

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Track Lighting
  • Light Fixtures
  • Awning
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Primary Bathroom includes a Walk-In Shower

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Lake On Lot
  • Exterior Lighting
  • Porch

Schools

  • Neptune Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00110-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,226

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake, Leased Land
  • Inclusions: Track Lighting, Dishwasher, Light Fixtures, Stove, Refrigerator, Screens, Awnings, Gas Cooking
  • Subdivision Name: Ocean Grove
  • Architectural Style: Colonial
  • Reso Interior Features: Dec Molding
  • Year Built: 1890
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Lot Dimensions: 32 x 46
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Siding Shingle: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Heater Tank: Yes
  • Included Awnings: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Lot Description Leased Land: Yes
  • Included Track Lighting: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 11
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exclusions: None
  • Construction Type: Shingle Siding
  • Exterior Features: Porch - Open, Lighting

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: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 32 x 46
  • Parcel #: 35-00110-0000-00004
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7226.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Haynes Nathan A $577,500
Closed Rutzler Deborah Ann $286,452
Closed Rutzler Oeborah Ann $108,672
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $770,000 +92.5% $513 / Sq Ft
06/06/2017 06/06/17 Sold $400,000 -- $267 / Sq Ft
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
2024 $13,672 $889,900 $334,500 $555,400
2023 $13,672 $770,700 $342,800 $427,900
2022 $16,375 $775,200 $338,700 $436,500
2021 $11,772 $788,400 $338,700 $449,700
2020 $15,946 $764,800 $338,700 $426,100
2019 $11,772 $557,100 $200,900 $356,200
2018 $8,230 $385,500 $200,900 $184,600
2017 $7,226 $324,600 $197,600 $127,000
2016 $7,192 $322,500 $197,600 $124,900
2015 $8,837 $403,500 $281,600 $121,900
2014 $8,491 $318,600 $241,600 $77,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bridget Gannon Smith

    Diane Turton, Realtors-Wall

  • K

    Buyer's Agent in 2018

    Kenneth Rickel

    Vail Realty

  • R

    Seller's Agent in 2017

    Rose Venezia

    Diane Turton, Realtors-Spring Lake

  • B

    Buyer's Agent in 2017

    Bridget Smith

    Diane Turton, Realtors-Ocean Grove

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21824802

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00110-0000-00004

New Jersey Monmouth County Ocean Grove 07756

72 Lake Ave Unit AVE 1/2, Ocean Grove, NJ

This home is located at 72 Lake Ave Unit AVE 1/2, Ocean Grove, NJ 07756 since 22 June 2018 and is currently estimated at $943,280, approximately $628 per square foot. This property was built in 1890. 72 Lake Ave Unit AVE 1/2 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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