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400 Monmouth Avenue

400 Monmouth Avenue, Pine Beach, NJ 08741
House in Ocean
Sold Jul 14, 2021
$275,000
$206,250 by Family First Funding Llc
Mortgage Due Aug 01, 2051
Sold Oct 16, 2019
$240,000
400 Monmouth Avenue in Pine Beach, NJ was first built in 1959 and is 65 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 ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 400 Monmouth Avenue has 2,230 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 572 sqft and has been categorized as a unknown. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 12,500 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. 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 frame control joints. As for 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, 400 Monmouth Avenue sold most recently in Jun 17, 2021 for a total of $275,000. If you work out the math, that's approximately a cost of $123.32 per sqft. Before that, the property was also sold for $240,000 in Jan 2, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,758 in taxes each year. 400 Monmouth Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $400,800. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $250,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Driveway

Driveway

Parking

Attached Garage
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 572
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,230
  • Building Area: 2,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,230
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 8-10

Ownership

  • Current Owner : FORMAROLI GINO
  • Current Owner 2: HUTMAN FORMAROLI DONNA
  • Previous Owner : BROUGHAM REO OWNER LP
  • Owner Before Previous Owner: SCHMIDT ALERIE S
  • Owner Before Previous Owner 2: CALLAN SCHMIDT VALERIE S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 730000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 23
  • Parcel: 23 00054-0000-00007
  • Block: 54
  • Lot: 7
  • Municipality: PINE BEACH BORO
  • Latitude: 39.9335
  • Longitude: -74.1741

    Address

  • Full Address: 400 Monmouth Ave
  • Address - House Number: 400
  • Address - Street Name: Monmouth
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1608
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,758

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 563,038
  • High Value: 685,107
  • Low Value: 440,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,250
  • First Open Lien Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $206,250
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $400,800
  • Market Land Value: $150,000
  • Market Improvement Value: $250,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,800
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $250,800

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11842984276
  • Current Sale Price: $275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021104076
  • Previous Sale Recording Date: Oct 16, 2019
  • Previous Sale Contract Date: Jan 02, 2019
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $206,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Pine Beach



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Frequently Asked Questions

What neighborhood is 400 Monmouth Avenue located in?
The 400 Monmouth Avenue is a house located in the neighborhood of Ocean in Pine Beach, Pine Beach.
What is the average sales price for listings in 400 Monmouth Avenue?
The average sales price for units in 400 Monmouth Avenue is $0 currently.

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