$542,000
SOLD JUN 14, 2020

73 Cookman Ave Ocean Grove, NJ 07756

4 Beds
2 Baths
2,365 Sq Ft
1,917 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

8% Below List Price

18 Days on Market

About This Home

As of June 2020

Fantastic opportunity to Own an income property in Quaint Ocean Grove. This lovingly maintained two family has had steady income for years. The oversized one bedroom first floor unit comes with an annual tenant in place (1600 monthly) Hardwood floors throughout , Large living, dining room and kitchen with a bonus room perfect for a walk in closet/ changing room or office. House was gut renovated in the 90's and has Central air, full basement, small side yard and front porch Second floor apartments has three bedrooms and one full bath, living room/dining combo, kitchen and family room on third floor. Hardwood floors, and skylights. Owner would like to sell furnished. Some Summer rentalsin place. Don't wait. Will go fast

Last Agent to Sell the Property

Michelle Green

Jack Green Realty License #1110702 Listed on: 04/06/2020

Jack Green Realty

Co-Listed By

Jack Green

Jack Green Realty License #0902169

Last Buyer's Agent

Joseph Baumann

The Connolly Agency License #9134474

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,701

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 32 x 60

Home Design

  • Duplex

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Neptune Middle School

Utilities

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

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 35-00249-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,701

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 2582
  • Co List Office Phone: 732-776-6400
  • Subdivision Name: Ocean Grove
  • Year Built: 1890
  • 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
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal items

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 32 x 60
  • Parcel #: 35-00249-0000-00013

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8701.0
  • Tax Other Annual Assessment Amount: 411800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 1997
Sold by
Gibson Douglas
Bought by
Pittis Moffit Matthew and Pittis Moffitt Elizabeth
Current Estimated Value
$1,061,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1994
Sold by
Toth Grza
Bought by
Westby Gisbson Douglas Wesbty and Westby Gibson Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.7%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $150,000 --
Deed $128,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,600 New Conventional
Closed $169,000 Commercial
Closed $105,000 Commercial
Previous Owner $127,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2020 06/14/20 Sold $542,000 -8.0% $229 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $589,000 -- $249 / 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 $11,973 $852,900 $432,800 $420,100
2023 $11,973 $674,900 $425,800 $249,100
2022 $10,119 $552,300 $316,200 $236,100
2021 $8,701 $487,200 $305,700 $181,500
2020 $9,539 $457,500 $287,600 $169,900
2019 $8,701 $411,800 $252,400 $159,400
2018 $8,766 $410,600 $252,400 $158,200
2017 $8,748 $393,000 $246,500 $146,500
2016 $8,305 $372,400 $228,300 $144,100
2015 $8,567 $391,200 $250,600 $140,600
2014 $10,127 $380,000 $175,600 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22012034

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00249-0000-00013