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344 Park Avenue

344 Park Avenue, Oakhurst, NJ 07755
House in Monmouth
Sold May 26, 2020
$1,530,000
$1,223,999 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2050
Sold Jun 17, 2009
$800,000
344 Park Avenue in Oakhurst, NJ was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 344 Park Avenue has 3,792 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,785 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 18,750 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. The home has a hip style roof made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a built-in garage. The garage is 441 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 344 Park Avenue was last sold in Apr 28, 2020 for $1,530,000. According to our calculations, that's $403.48 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Jun 12, 2009. Current property owners are expected to pay $20,325 in taxes per year. The property on 344 Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,329,300. To break that down further, the land itself was valued at $542,500. While improvements to the property were assessed at a total of $786,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Other
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,785
  • Garage Type: Built-in
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 18,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,792
  • Building Area: 3,792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHEHEBAR SOLOMON
  • Previous Owner : A N H PARK FAMILY LIMITED PARTNERSHIP
  • Owner Before Previous Owner: ASHEAR MORRIS S
  • Owner Before Previous Owner 2: ASHEAR LOUISE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806300

Zoning

  • Zoning: SF20

Geography

  • Assessors Map Reference: TAX MAP 12
  • District: 37
  • Parcel: 37 00020-0000-00005
  • Block: 20
  • Lot: 5
  • Municipality: OCEAN TWP
  • Latitude: 40.2693
  • Longitude: -74.015

    Address

  • Full Address: 344 Park Ave
  • Address - House Number: 344
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Oakhurst
  • Carrier Code: C004
  • 4-Digit Zip Code: 1622
  • Zip Code: 07755

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,325

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 2,028,801
  • High Value: 2,419,917
  • Low Value: 1,637,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,223,999
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,223,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,329,300
  • Market Land Value: $542,500
  • Market Improvement Value: $786,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,329,300
  • Assessed Land Value: $542,500
  • Assessed Improvements Value: $786,800

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Transaction ID: 11764274606
  • Current Sale Price: $1,530,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020054532
  • Previous Sale Recording Date: Jun 17, 2009
  • Previous Sale Contract Date: Jun 12, 2009
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 26, 2020
  • First Mortgage Loan Amount: $1,223,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 344 Park Avenue located in?
The 344 Park Avenue is a house located in the neighborhood of Monmouth in Monmouth, Oakhurst.
What is the average sales price for listings in 344 Park Avenue?
The average sales price for units in 344 Park Avenue is $0 currently.

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