NOT LISTED FOR SALE

82 Mount Hermon Way Ocean Grove, NJ 07756

Neptune Neighborhood

Estimated Value: $987,000

4 Beds
2 Baths
2,041 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $350,000 $171 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $6,909/month

67 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 1-minute walk to Greenleaf Park
  • Wood Flooring

About This Home

As of July 2017

So Many Possibilities In the Heart of Ocean Grove. 4 Blocks to the beach, 1 block to Main Ave. Currently a 2 family home. East unit has 1 long bedroom with a sitting area and 1 bath; west unit has 3 bedrooms, 1 bath and eat-in-kitchen. Make this home your own. Make the larger unit a 4 bedroom (notice sealed door off landing -- it leads to bedroom in smaller unit); or convert to a single family. You decide. Perfect for someone looking for a project. Reduced for quick sale!

Last Listed By

Fred Nerbel

C21/ Coastal Realtors Listed on: 03/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,431

Year Built

  • Built in 1910

Lot Details

  • 1,873

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partial Basement
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 31 x 60

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00162-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,431

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Linoleum/Vinyl, Wood
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 31 x 60
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Heating Oil Above Ground: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

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
  • Heating: Forced Air, Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 31 x 60
  • Parcel #: 35-00162-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9431.0
  • Tax Other Annual Assessment Amount: 422900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Loesser Eileen M
Bought by
Smith Eileen M
Total Days on Market
67
Current Estimated Value
$987,000

Purchase Details

Closed on
Aug 21, 2020
Sold by
Loesser David and Loesser Eileen M
Bought by
Loesser Eileen M

Purchase Details

Closed on
Nov 2, 2011
Sold by
Millett Peter A
Bought by
Nationstar Mortgage Llc

Range of Values:

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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
Smith Eileen M -- None Listed On Document
Loesser Eileen M -- None Available
Nationstar Mortgage Llc $3,669 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loesser David $280,000
Previous Owner Millet Peter $234,000
Previous Owner Millet Peter $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $350,000 -- $171 / 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 $17,247 $1,171,800 $374,900 $796,900
2023 $17,247 $972,200 $491,300 $480,900
2022 $15,162 $918,100 $455,000 $463,100
2021 $14,677 $730,000 $374,000 $356,000
2020 $14,499 $695,400 $358,000 $337,400
2019 $7,402 $350,300 $328,300 $22,000
2018 $7,473 $350,000 $328,300 $21,700
2017 $9,995 $449,000 $293,900 $155,100
2016 $9,431 $422,900 $270,200 $152,700
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Fred Nerbel

    C21/ Coastal Realtors

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21711955

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00162-0000-00005

New Jersey Monmouth County Ocean Grove 07753 Neptune

82 Mount Hermon Way, Ocean Grove, NJ

Homes for Sale in Ocean Grove, NJ

This home is located at 82 Mount Hermon Way, Ocean Grove, NJ 07756 since 30 March 2017 and is currently estimated at $987,000, approximately $483 per square foot. This property was built in 1910. 82 Mount Hermon 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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