$982,346 - $1,149,000
RENTED OCT 9, 2024

87 Mount Zion Way Unit 1 Ocean Grove, NJ 07756

2 Beds
1 Bath
2,162 Sq Ft
$501 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Multiple cooling system units
  • Forced Air Heating System
  • Victorian Architecture
  • Living Room
  • 1-minute walk to Greenleaf Park

About This Home

As of October 2024

What a great WINTER rental! Spacious apartment featuring 2 bedrooms, living room, dining room and full bath with hardwood floors throughout. Other features include a washer dryer , an open front porch and a back yard with a grill! Close to the oceanfront and downtown Ocean Grove. Available 10/01/24 - 5/15/25 Includes utilities and Wifi. $200 cleaning fee, 1.5 month's security. No smoking/vaping and no pets.

Last Agent to Rent the Property

Janet Manni

RE/MAX Gateway License #9236673 Listed on: 07/18/2024

RE/MAX Gateway

Last Renter's Agent

Michele DeRose

RE/MAX Gateway License #1969530

RE/MAX Gateway

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,793

Year Built

  • Built in 1904

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,162 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Property Available on 10/1/24
  • Ask Agent About Lease Term
  • Assessor Parcel Number 35-00123-0000-00009

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,793

Year Built

Built in 1904

Lot Details

0

Rental Info

  • Available Date: 2024-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: Ocean Grove
  • Architectural Style: Victorian
  • Year Built: 1904
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Neptune
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2024-10-01
  • Cooling Multi Units: Yes
  • Lease Terms Winter: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • BasementOther: Yes
  • Primary Bedroom Level First39: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00123-0000-00009

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2006
Sold by
Kane Joyce
Bought by
Gradin Allen and Gradin Lynn
Current Estimated Value
$1,082,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$227,521
Interest Rate
6.31%
Mortgage Type
Commercial
Estimated Equity
$854,566

Purchase Details

Closed on
Aug 5, 2004
Sold by
Ayyash Amyer
Bought by
Kane Joyce
Source: Public Records

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
Gradin Allen $510,000 --
Kane Joyce $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gradin Allen $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Rented $13,650 +600.0% --
09/02/2024 09/02/24 Under Contract -- -- --
07/18/2024 07/18/24 For Rent $1,950 -80.0% --
10/29/2023 10/29/23 Rented $9,750 +400.0% --
10/25/2023 10/25/23 Under Contract -- -- --
09/29/2023 09/29/23 Price Changed $1,950 -2.5% $1 / Sq Ft
08/14/2023 08/14/23 Price Changed $2,000 -90.0% $1 / Sq Ft
08/12/2023 08/12/23 For Rent $20,000 +36.8% --
10/25/2022 10/25/22 Rented $14,625 +650.0% --
10/14/2022 10/14/22 Under Contract -- -- --
07/14/2022 07/14/22 For Rent $1,950 -78.6% --
10/08/2017 10/08/17 Rented $9,100 -39.3% --
10/05/2016 10/05/16 Rented $15,000 +66.7% --
10/01/2015 10/01/15 Rented $9,000 -- --
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 $13,793 $867,200 $431,700 $435,500
2024 $13,344 $802,400 $374,900 $427,500
2023 $13,344 $752,200 $491,300 $260,900
2022 $14,383 $703,400 $455,000 $248,400
2021 $12,934 $692,500 $317,900 $374,600
2020 $13,746 $659,300 $304,300 $355,000
2019 $12,934 $612,100 $279,000 $333,100
2018 $13,013 $609,500 $279,000 $330,500
2017 $12,372 $555,800 $249,800 $306,000
2016 $11,837 $530,800 $229,700 $301,100
2015 $9,923 $453,100 $259,200 $193,900
2014 $9,594 $360,000 $179,200 $180,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22420484

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00123-0000-00009