NOT LISTED FOR SALE

921 Ocean Rd Point Pleasant Boro, NJ 08742

Estimated Value: $688,000 - $858,893

2 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $700,000

Est. 12% increase in value since last sale

Current estimated payment $4,768/month

8 Days on Market

About This Home

As of July 2022

Traditional/Victorian home in Point Pleasant close to the beach, schools, restaurants, and shopping. This is a perfect opportunity to live in a house, while collecting rent at the same time. The main unit has 2 bedrooms, 1.5 baths with an updated kitchen, new windows, and high-end finishes. Tons of natural sunlight throughout the house. The huge front porch is perfect for your morning newspaper and coffee. The bedrooms are large with ample closet space. There is a large driveway allowing for plenty of parking. The back unit consists of 2 bedrooms/1bathroom, currently rented to a long-term tenant.

Last Agent to Sell the Property

Matthew Coscia

Glen Mary Real Estate License #1751581 Listed on: 06/09/2022

Last Buyer's Agent

Brad Gardner

Keller Williams Realty West Monmouth License #1432799

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,484

Year Built

  • Built in 1916

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Memorial Middle School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: personal items
  • The owner pays for yard maintenance, snow removal
  • Assessor Parcel Number 25-00127-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,484

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1916
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exclusions: personal items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: Memorial

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-00127-0000-00024
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Yard Maintenance, Snow Removal

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6484.0
  • Tax Other Annual Assessment Amount: 307600.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 29, 2022
Sold by
Lombardi Residential Llc
Bought by
Ridolfo Robert S and Ridolfo Dorris M
Seller's Agent
Matthew Coscia
Glen Mary Real Estate
Buyer's Agent
Brad Gardner
Keller Williams Realty West Monmouth
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$786,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,973
Avg. Annual Appreciation
3.76%
Original Mortgage
$525,000
Outstanding Balance
$503,099
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$283,874

Purchase Details

Closed on
Jan 18, 2012
Sold by
Lombardi Matthew
Bought by
Lombardi Residential Llc

Purchase Details

Closed on
Nov 23, 2010
Sold by
Franzoni Edward
Bought by
Lombardi Matthew

Purchase Details

Closed on
May 8, 2000
Sold by
Libby Laura
Bought by
Franzoni Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
8.21%
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
Ridolfo Robert S $700,000 Trident Abstract Title
Ridolfo Robert S $700,000 Trident Abstract Title
Lombardi Residential Llc -- None Available
Lombardi Matthew $237,500 Couch Braunsdorf Insurance T
Franzoni Edward $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridolfo Robert S $525,000
Closed Ridolfo Robert S $525,000
Previous Owner Franzoni Edward $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $700,000 +0.1% --
07/16/2022 07/16/22 For Sale $699,000 0.0% --
06/18/2022 06/18/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $699,000 0.0% --
04/01/2015 04/01/15 Rented $2,000 +8.1% --
05/01/2012 05/01/12 Rented $1,850 -- --
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 $7,147 $312,500 $169,300 $143,200
2024 $6,831 $312,500 $169,300 $143,200
2023 $6,586 $307,600 $169,300 $138,300
2022 $6,586 $307,600 $169,300 $138,300
2021 $6,484 $307,600 $169,300 $138,300
2020 $6,417 $307,600 $169,300 $138,300
2019 $6,330 $307,600 $169,300 $138,300
2018 $6,143 $307,600 $169,300 $138,300
2017 $6,007 $307,600 $169,300 $138,300
2016 $5,961 $307,600 $169,300 $138,300
2015 $5,891 $307,600 $169,300 $138,300
2014 $5,755 $307,600 $169,300 $138,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22217767

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00127-0000-00024