NOT LISTED FOR SALE

855 E Concourse Keyport, NJ 07735

Estimated Value: $580,000 - $689,000

Studio
3 Baths
2,542 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $290,000 $114 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,170/month

73 Days on Market

About This Home

As of September 2016

Great and rare investment opportunity in Key port. Turn key fully rented and utilities are split except for water/sewer. Two of the unit are freshly painted with new appliances.

Last Agent to Sell the Property

Karl Mosier

(856) 778-0880 info@rhmosier.com Cheryl Eliason & Associates, LLC Listed on: 03/22/2016

Last Buyer's Agent

Karl Mosier

(856) 778-0880 info@rhmosier.com Cheryl Eliason & Associates, LLC Listed on: 03/22/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,277

Year Built

  • Built in 1946

Lot Details

  • 9,964 Sq Ft Lot
  • Lot Dimensions are 106x94
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • 2,542 Sq Ft Home
  • Triplex
  • Aluminum Siding

Laundry

  • Laundry in unit

Schools

  • Matawan Aberdeen Middle School
  • Matawan Regional High School

Utilities

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

Community Details

  • No Home Owners Association
  • Operating Expense $11,639

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 01-00353-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,277

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2542
  • Living Area Sq Ft: 2542
  • Price Per Sq Ft: 127.85
  • Above Grade Finished Sq Ft: 2542
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3362.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: MATAWAN REGIONAL
  • Middle Or Junior School: MATAWAN ABERDEEN

Lot Info

  • Improvement Assessed Value: 186200.00
  • Land Assessed Value: 112100.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 106X94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9964.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 39840.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 3449089
  • Tax Annual Amount: 8277.00
  • Assessor Parcel Number: 01-00353-00009
  • Tax Lot: 00009
  • Tax Year: 2016

MLS Schools

  • School District Name: MATAWAN-ABERDEEN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2005
Sold by
Astrom Lars F
Bought by
Fortunato John and Fortunato Kimberly
Current Estimated Value
$638,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$132,415
Interest Rate
5.78%
Mortgage Type
Commercial
Estimated Equity
$506,336
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fortunato John $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortunato John $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $290,000 -10.8% $114 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $325,000 0.0% $128 / Sq Ft
01/29/2014 01/29/14 Rented $12,000 -2.4% --
02/16/2013 02/16/13 Rented $12,300 -- --
Source: Bright MLS

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 $10,186 $548,200 $278,600 $269,600
2024 $9,710 $496,900 $232,200 $264,700
Source: Public Records

Agents Affiliated with this Home

  • Karl Mosier

    Seller's Agent in 2016

    Karl Mosier

    Cheryl Eliason & Associates, LLC

    (609) 820-5620

    60 Total Sales

    Karl Mosier
    Section Image

  • J

    Seller's Agent in 2014

    Jackie Cossean

    Heritage House Sotheby's International Realty

  • M

    Buyer's Agent in 2014

    Michelle Vega

    Better Homes Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003911125

Bright MLS

APN: 01-00353-0000-00009

New Jersey Monmouth County Keyport 07735

855 E Concourse, Keyport, NJ

Not Listed for Sale

MultiFamily

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