NOT LISTED FOR SALE

98 Osborne Ave Bay Head, NJ 08742

Estimated Value: $1,557,728 - $1,826,000

5 Beds
3 Baths
1,020 Sq Ft
$1,656/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $1,035,900 $1,016 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,954/month

19 Days on Market

Highlights

  • 1 Car Detached Garage
  • 2-minute walk to Bay Head
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

Rare Find in Bay Head!Imagine living In Bay Head and earning added income as you sit back and relax.Legal 2 single family homes on one property!! Just a block from the Ocean sits 2 sun filled beautiful houses on same landscape property! The front house features 3 beautifully appointed bedrooms 2 spa like baths with a lovely open floor plan living room and gourmet kitchen,all brand new with granite counters and stainless appliances. The cottage has 2 bedrooms 1 bath, kitchen and living room, all newly refurbished. This is A rare find & unique opportunity! Both homes have been Renovated & restored in 2013 in a classic design.Hardwood floors throughout.Cross the private yard to the cottage,perfect for family and friends.Central to town and train. Great Investment!

Last Agent to Sell the Property

Lisa Bendixen

Realty One Group Emerge License #0571396 Listed on: 11/03/2016

Realty One Group Emerge

Last Buyer's Agent

Annabelle Flynn

Diane Turton, Realtors-Sea Girt License #7843264

Diane Turton, Realtors-Sea Girt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,654

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 140
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,020 Sq Ft Home
  • Window Screens
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Bay Head Elementary School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03-00023-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,654

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 140
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Sprinkler Under: Yes
  • General Property Info # Parking Spaces: 3.0
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Exterior Screens2: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Sprinkler Under, Screens

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Detached
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: 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

Lot Info

  • Lot Dimensions: 50 x 140
  • Parcel #: 03-00023-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7654.0
  • Tax Other Annual Assessment Amount: 918800.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bay Head
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Jan 27, 2017
Sold by
Jzc Shore Properties Llc
Bought by
Geoghan John and Geoghan Hillary
Seller's Agent
Lisa Bendixen
Realty One Group Emerge
Buyer's Agent
Annabelle Flynn
Diane Turton, Realtors-Sea Girt
Sold Price
$1,035,900
Current Estimated Value
$1,688,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,782
Avg. Annual Appreciation
5.84%
Original Mortgage
$776,925
Outstanding Balance
$631,916
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,056,766

Purchase Details

Closed on
Oct 4, 2011
Sold by
Carluccio Joanne
Bought by
Jzc Shore Properties Llc

Purchase Details

Closed on
Apr 28, 2010
Sold by
Byrne Christopher J
Bought by
Carluccio Joanne

Purchase Details

Closed on
Oct 9, 1998
Sold by
Bryan Carmen and Predale John E
Bought by
Byrne Christopher J
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
Geoghan John $1,035,900 --
Jzc Shore Properties Llc -- None Available
Carluccio Joanne $740,000 First American Title Ins Co
Byrne Christopher J $225,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geoghan John $776,925
Previous Owner Byrne Christopher J $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $1,035,900 -- $1,016 / 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
2025 $9,892 $979,400 $708,700 $270,700
2024 $9,510 $979,400 $708,700 $270,700
2023 $8,815 $979,400 $708,700 $270,700
2022 $8,815 $979,400 $708,700 $270,700
2021 $8,599 $979,400 $708,700 $270,700
2020 $8,580 $979,400 $708,700 $270,700
2019 $7,791 $918,800 $708,700 $210,100
2018 $7,727 $918,800 $708,700 $210,100
2017 $7,479 $918,800 $708,700 $210,100
2016 $7,580 $918,800 $708,700 $210,100
2015 $7,654 $918,800 $708,700 $210,100
2014 $7,341 $918,800 $708,700 $210,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21641948

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 03-00023-0000-00004