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249 Osborne Avenue

249 Osborne Avenue, Point Pleasant Beach, NJ 08742
Property in Bay Head
Sold May 22, 2001
$280,000
Sold May 22, 2001
$280,000
$155,000 by Roselle Savings Bank
Mortgage
249 Osborne Avenue has been categorized by the local assessors in Point Pleasant Beach, NJ as a residential type of property. The building on the property was first built in 1908 and is 116 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 249 Osborne Avenue has 1,246 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,460 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,300 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. In terms of heating, the home is utilizing oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 249 Osborne Avenue sold most recently in May 18, 2001 for a total of $280,000. If you work out the math, that's approximately a cost of $224.72 per sqft. Before that, the property was also sold for $280,000 in May 18, 2001. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,997 in taxes each year. 249 Osborne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $555,200. If we break it down further, the land itself was valued at $425,700. Improvements to the property, however, were assessed at a total of $129,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,300
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,246
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,246
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RUSSO VINCENT
  • Current Owner 2: RUSSO MARIE
  • Previous Owner : COLANGELO KELLY
  • Owner Before Previous Owner: COLANGELO KELLY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bay Head Borough School District
  • Census Tract: 739200

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 03
  • Parcel: 03 00002-0000-00017
  • Block: 2
  • Lot: 17
  • Municipality: BAY HEAD BORO
  • Latitude: 40.0787
  • Longitude: -74.0521

    Address

  • Full Address: 249 Osborne Ave
  • Address - House Number: 249
  • Address - Street Name: Osborne
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bay Head
  • Carrier Code: C029
  • 4-Digit Zip Code: 4633
  • Zip Code: 08742

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,997

    Appraisal Valuation

  • Standard Deviation: 0.2278
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 782,317
  • High Value: 960,582
  • Low Value: 604,051

    Market Valuation

  • Market Total Value: $555,200
  • Market Land Value: $425,700
  • Market Improvement Value: $129,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,200
  • Assessed Land Value: $425,700
  • Assessed Improvements Value: $129,500

    Sales

  • Current Sale Contract Date: May 18, 2001
  • Current Sale Recording Date: May 22, 2001
  • Current Sale Transaction ID: 11475009249
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 22, 2001
  • Previous Sale Contract Date: May 18, 2001
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROSELLE SAVINGS BANK
  • First Mortgage Transaction Date: May 22, 2001
  • First Mortgage Loan Amount: $155,000

    Previous Mortgages

  • Previous Mortgage Lender: ROSELLE SAVINGS BANK
  • Previous Mortgage Transaction Date: May 22, 2001
  • Previous Mortgage Loan Amount: $155,000
  • Previous Mortgage Term: 360

About Bay Head



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Frequently Asked Questions

What neighborhood is 249 Osborne Avenue located in?
The 249 Osborne Avenue is a located in the neighborhood of Bay Head in Bay Head, Point Pleasant Beach.
What is the average sales price for listings in 249 Osborne Avenue?
The average sales price for units in 249 Osborne Avenue is $0 currently.

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