NOT LISTED FOR SALE

84 Asbury Ave Ocean Grove, NJ 07756

Estimated Value: $911,000 - $1,000,000

3 Beds
4 Baths
1,536 Sq Ft
$612/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $536,125 $349 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,149/month

18 Days on Market

Highlights

  • Deck
  • Air Conditioning
  • Storm Doors
  • Wood Flooring
  • Awning
  • 1-minute walk to Greenleaf Park

About This Home

As of November 2018

LOCATION! LOCATION! LOCATION! Rare opportunity to own a four family in desirable Ocean Grove one block south of Wesley Lake boarder of Asbury Park. With close proximity to all that downtown Asbury Park and Ocean Grove's Main Ave have to offer. Great restaurants, shopping, cinema, night life, the boardwalk. beaches and the live music scene. Solid rental income or live in one unit and rent the other three. Each unit has private entrances and outdoor spaces. Three out of 4 units have upgraded kitchen, baths, replacement windows and front doors. Note: All appliances included (except front 1st floor front refrigerator and top rear). Exterior: cedar siding, Roof is approximately 4 years young. Approximately four blocks to beach.

Last Agent to Sell the Property

Carol Calamari

The Agency Rutherford License #0124963 Listed on: 08/25/2018

The Agency Rutherford

Last Buyer's Agent

James Hann

C21/ Coastal Realtors License #9913105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,837

Year Built

  • Built in 1904

Lot Details

  • 1,699

Parking

  • No Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Awning
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Adamsville Elementary School
  • Neptune Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 31 x 55

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: 1st Floor Front and Top Rear Unit Refrigerators are tenants personal property.
  • Assessor Parcel Number 35-00123-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,837

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Reso Flooring: Wood
  • New Construction: No
  • Year Built: 1904
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 31 x 55
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • SidingCedarShake: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior Awnings2: Yes
  • Unit 4 AC Unit10: Yes
  • Unit 4 Dryer11: Yes
  • Unit 4 Washer10: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: 1st Floor Front and Top Rear Unit Refrigerators are tenants personal property.
  • Construction Type: Shake Siding
  • Exterior Features: Deck, Storm Door(s), Awnings

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, No Parking
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 31 x 55
  • Parcel #: 35-00123-0000-00002

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8837.0
  • Tax Other Annual Assessment Amount: 441900.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Adamsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2018
Closed on
Nov 13, 2018
Sold by
Peter Dalesso
Bought by
Crowe William
Seller's Agent
Carol Calamari
The Agency Rutherford
Buyer's Agent
James Hann
C21/ Coastal Realtors
Sold Price
$536,125
Current Estimated Value
$940,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,424
Avg. Annual Appreciation
8.62%
Original Mortgage
$402,093
Interest Rate
4.94%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Thompson Joseph
Bought by
Carbone Stavroula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.01%
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
Crowe William $536,125 --
Carbone Stavroula $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowe William J $404,500
Closed Crowe William $402,093
Closed Crowe William --
Closed Crowe William $402,093
Previous Owner Dalesso Peter $296,250
Previous Owner Carbone Stavroula $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $536,125 +35.7% $349 / Sq Ft
05/08/2015 05/08/15 Sold $395,000 -- $257 / 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
2025 $14,189 $960,200 $427,500 $532,700
2024 $13,584 $825,400 $373,800 $451,600
2023 $13,584 $765,700 $490,100 $275,600
2022 $11,108 $664,500 $453,900 $210,600
2021 $9,365 $534,800 $372,900 $161,900
2020 $10,642 $510,400 $356,900 $153,500
2019 $9,365 $443,200 $275,600 $167,600
2018 $9,435 $441,900 $275,600 $166,300
2017 $8,837 $397,000 $275,600 $121,400
2016 $8,811 $395,100 $275,600 $119,500
2015 $8,530 $389,500 $272,900 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21833843

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00123-0000-00002