NOT LISTED FOR SALE

855 E Concourse Keyport, NJ 07735

Estimated Value: $564,000 - $696,000

-- Bed
3 Baths
2,542 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 15, 2016

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

Est. 118% increase in value since last sale

Current estimated payment $4,275/month

73 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Forced Air Heating System
  • Matawan Reg High School Rated A-

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

Cheryl Eliason & Associates, LLC Listed on: 03/22/2016

Last Buyer's Agent

Karl Mosier

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

Schools

  • Matawan Aberdeen Middle School
  • Matawan Regional High School

Utilities

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

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

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
  • Remarks Public: 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.
  • 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
  • Street Number Modifier: 855

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

  • School District: MATAWAN-ABERDEEN REGIONAL SCHOOLS
  • Middle School: MATAWAN ABERDEEN
  • High School: MATAWAN REGIONAL
  • School District Key: 300200396867
  • 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
  • Close Date: 09/15/2016

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
$632,995

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
Interest Rate
5.78%
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
Fortunato John $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skybrocas Llc $217,500
Closed Fortunato John $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $9,710 $496,900 $232,200 $264,700
2023 $9,710 $447,900 $189,400 $258,500
2022 $10,179 $412,800 $166,700 $246,100
2021 $10,179 $373,000 $154,100 $218,900
2020 $9,870 $360,500 $146,500 $214,000
2019 $9,759 $346,200 $133,500 $212,700
2018 $9,251 $328,400 $126,100 $202,300
2017 $9,114 $328,200 $132,100 $196,100
2016 $8,340 $313,300 $122,100 $191,200
2015 $8,278 $298,300 $112,100 $186,200
2014 $8,235 $302,100 $117,100 $185,000
Source: Public Records

Agents Affiliated with this Home

  • Karl Mosier

    Seller's Agent in 2016

    Karl Mosier

    Cheryl Eliason & Associates, LLC

    (609) 820-5620

    65 Total Sales

    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

This home is located at 855 E Concourse, Keyport, NJ 07735 since 22 March 2016 and is currently estimated at $629,024, approximately $247 per square foot. This property was built in 1946. 855 E Concourse is a home located in Monmouth County with nearby schools including Matawan Reg High School, St. Joseph Elementary School, and Icob Academy.

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