$350,000
SOLD FEB 14, 2013

98 Mount Hermon Way Ocean Grove, NJ 07756

6 Beds
2 Baths
2,168 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

119 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Dual Heating Fuel
  • Screened Porch
  • Wood Siding
  • 2-minute walk to Greenleaf Park

About This Home

As of October 2020

WOW! ONLY $194,500 PER 3 BEDROOM UNIT! So many possibilities: 1.Income property. 2.Live in one & let other pay your taxes, utils & part of mortgage. 3.Buy with friends & you'll each have your own 3BR home. 4.Possible condo conversion. Spacious duplex located just 3 short blocks to heart of town & 5 to beach. Each unit offers formal LR, DR, wood floors, newer kitchen, laundry, bsmt storage, 3 bedrooms, newer windows, open porch, rear patio & plenty of room for expansion on 3rd floor.

Last Agent to Sell the Property

Anna Jackow

C21/ Coastal Realtors Listed on: 10/01/2012

C21/ Coastal Realtors

Last Buyer's Agent

Mary Winkler

Oliver Brothers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,430

Year Built

  • Built in 1897

Home Design

  • Duplex
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Screened Porch
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Dual Heating Fuel
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 00089000000040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,430

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • Year Built: 1897
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Screened: Yes
  • Heating Multi-Fuel System: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 6
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Wood
  • Waterfront: No
  • Exterior Features: Patio, Porch - Screened

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Parcel #: 00089000000040
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 9430.0
  • Tax Other Annual Assessment Amount: 384600.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2002
Sold by
Borden Mitchell
Bought by
Tucci Nunzio
Current Estimated Value
$1,075,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,500
Interest Rate
6.88%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $249,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $250,000 Commercial
Previous Owner $236,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $625,000 -5.2% $247 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $659,000 +88.3% $261 / Sq Ft
02/14/2013 02/14/13 Sold $350,000 -- $161 / 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 $10,997 $734,700 $367,500 $367,200
2023 $10,997 $619,900 $395,800 $224,100
2022 $10,883 $592,900 $379,500 $213,400
2021 $10,614 $524,000 $360,000 $164,000
2020 $10,519 $504,500 $349,000 $155,500
2019 $10,614 $502,300 $360,800 $141,500
2018 $10,701 $501,200 $360,800 $140,400
2017 $9,436 $423,900 $293,900 $130,000
2016 $8,880 $398,200 $270,200 $128,000
2015 $9,831 $448,900 $324,000 $124,900
2014 $10,250 $384,600 $224,000 $160,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Winkler

    Seller's Agent in 2020

    Mary Winkler

    Jack Green Realty

    (732) 776-6400

    14 in this area

    18 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Thea Bowers

    BHHS Fox & Roach

    Section Image

  • A

    Seller's Agent in 2013

    Anna Jackow

    C21/ Coastal Realtors

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21234284

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00161-0000-00002

New Jersey Monmouth County Ocean Grove 07756

98 Mount Hermon Way, Ocean Grove, NJ

This home is located at 98 Mount Hermon Way, Ocean Grove, NJ 07756 and is currently priced at $350,000, approximately $161 per square foot. This property was built in 1897. 98 Mount Hermon Way is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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