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77 Locust Avenue

77 Locust Avenue, Neptune, NJ 07753
Sold Sep 28, 2017
$215,500
$204,725 by Manasquan Bank
Mortgage Due Oct 01, 2047
Sold Jun 01, 2005
Transfer
$138,000 by Countrywide Home Loans Inc
Mortgage Due Jun 01, 2035
Local assessors in Neptune, NJ have categorized 77 Locust Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 77 Locust Avenue has a total of 1,408 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 77 Locust Avenue sold most recently in Sep 11, 2017 for a total of $215,500. If you work out the math, that's approximately a cost of $153.05 per sqft. 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 $7,159 in taxes each year. 77 Locust Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $371,300. If we break it down further, the land itself was valued at $168,100. Improvements to the property, however, were assessed at a total of $203,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 832
  • Garage Type: Detached
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BONFANTE STEVEN
  • Current Owner 2: BONFANTE RAE J
  • Previous Owner : DESENO C DEBRA
  • Owner Before Previous Owner: YUSCHAK C DEBRA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Neptune City School District
  • Census Tract: 808100

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 36
  • Parcel: 36 00100-0000-00037
  • Block: 100
  • Lot: 37
  • Municipality: NEPTUNE CITY BORO
  • Latitude: 40.202
  • Longitude: -74.0374

    Address

  • Full Address: 77 Locust Ave
  • Address - House Number: 77
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C018
  • 4-Digit Zip Code: 6214
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,159

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 424,121
  • High Value: 503,577
  • Low Value: 344,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,725
  • First Open Lien Mortgage Lender: MANASQUAN BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $204,725
  • 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: Oct 01, 2047

    Market Valuation

  • Market Total Value: $371,300
  • Market Land Value: $168,100
  • Market Improvement Value: $203,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,300
  • Assessed Land Value: $168,100
  • Assessed Improvements Value: $203,200

    Sales

  • Current Sale Contract Date: Sep 11, 2017
  • Current Sale Recording Date: Sep 28, 2017
  • Current Sale Transaction ID: 11372586979
  • Current Sale Price: $215,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017095936
  • Previous Sale Recording Date: Jun 01, 2005
  • Previous Sale Contract Date: May 17, 2005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANASQUAN BANK
  • First Mortgage Transaction Date: Sep 28, 2017
  • First Mortgage Loan Amount: $204,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 01, 2005
  • Previous Mortgage Loan Amount: $138,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 77 Locust Avenue located in?
The 77 Locust Avenue is a located in the neighborhood of Downtown Neptune City in Downtown Neptune City, Neptune.
What is the average sales price for listings in 77 Locust Avenue?
The average sales price for units in 77 Locust Avenue is $0 currently.

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