NOT LISTED FOR SALE

92 Main St Farmingdale, NJ 07727

Estimated Value: $616,000 - $701,000

4 Beds
4 Baths
2,809 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $385,000 $137 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,188/month

119 Days on Market

Highlights

  • Air Conditioning
  • Howell High School Rated A-
  • Boiler Heating System

About This Home

As of March 2021

This LEGAL 4 FAMILY is located in the heart of Farmingdale, close to shops & restaurants The units are fully rented! Great income producing property! Vinyl Siding, Roof replaced in 2013. Plenty of off street parking.

Last Agent to Sell the Property

Sheri Taylor

Realty One Group Emerge License #1110141 Listed on: 09/21/2020

Realty One Group Emerge

Last Buyer's Agent

Sheri Taylor

EXIT Realty East Coast Shirvanian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,728

Year Built

  • Built in 1956

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 34 x 120

Parking

  • No Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Boiler Heating System
  • Heating System Uses Oil Above Ground

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 15-00002-0000-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,728

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Year Built: 1956
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 34 x 120
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Water Heater Off Boiler: Yes
  • Heating Oil Above Ground: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Electric Stove: Yes
  • Unit 4 AC Unit10: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.09
  • 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: Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 34 x 120
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 15-00002-0000-00017
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7728.0
  • Tax Other Annual Assessment Amount: 339400.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 24, 2021
Sold by
Shanik Yitzchok and Shanik Batsheva
Bought by
Horowitz Menachem Mendel
Seller's Agent
Sheri Taylor
Realty One Group Emerge
Buyer's Agent
Sheri Taylor
EXIT Realty East Coast Shirvanian
List Price
$500,000
Sold Price
$385,000
Premium/Discount to List
-$115,000
-23%
Current Estimated Value
$650,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,259
Avg. Annual Appreciation
13.39%
Original Mortgage
$288,750
Outstanding Balance
$263,704
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$405,611

Purchase Details

Listed on
Apr 14, 2015
Closed on
Sep 4, 2015
Sold by
Supplee Jamie and Supplee Richard Supplee
Bought by
Shanik Batsheva and Shanik Yitzchok
Seller's Agent
Lawrence McCown
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Gerine Skamarak
EXIT Realty East Coast Shirvanian
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$234,500
Interest Rate
3.89%

Purchase Details

Closed on
Jul 28, 2011
Sold by
Daniels Sheketa M and Henson Sheketa M
Bought by
Lamberto Buildres Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2003
Sold by
Lambert Christian
Bought by
Supplee Richard and Supplee Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1998
Sold by
El Menshawy El Sayed
Bought by
Lambert Cristian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.02%
Mortgage Type
FHA
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
Horowitz Menachem Mendel $385,000 Riverside Abstract Llc
Horowitz Menachem Mendel $385,000 Old Republic Title
Shanik Batsheva $335,000 --
Lamberto Buildres Llc $425,000 Old Republic National Title
Supplee Richard $370,000 --
Lambert Cristian $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horowitz Menachem Mendel $288,750
Closed Horowitz Menachem Mendel $288,750
Previous Owner Shanik Batsheva $234,500
Previous Owner Shanik Batsheva --
Previous Owner Lamberto Buildres Llc $520,000
Previous Owner Supplee Richard $289,000
Previous Owner Supplee Richard $314,500
Previous Owner Lambert Cristian $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $385,000 -19.6% $137 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $479,000 -4.2% $171 / Sq Ft
09/21/2020 09/21/20 For Sale $500,000 0.0% $178 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $500,000 +49.3% $178 / Sq Ft
07/29/2015 07/29/15 Sold $335,000 -- $119 / 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 $7,744 $484,400 $159,400 $325,000
2023 $7,744 $409,500 $119,400 $290,100
2022 $7,731 $373,200 $104,400 $268,800
2021 $7,731 $337,000 $89,400 $247,600
2020 $7,769 $342,400 $99,400 $243,000
2019 $7,728 $339,400 $99,400 $240,000
2018 $7,210 $340,900 $99,400 $241,500
2017 $7,010 $336,200 $89,400 $246,800
2016 $6,724 $328,500 $97,400 $231,100
2015 $6,703 $355,800 $85,000 $270,800
2014 $6,610 $361,800 $60,200 $301,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22024748

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-00002-0000-00017