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90 Ocean Avenue

90 Ocean Avenue, Monmouth Beach, NJ 07750
Property in Monmouth Beach
Sold Jul 23, 2015
$2,400,000
$1,000,000 by Bank Of America Na
Mortgage Due Jul 01, 2045
Sold Dec 09, 2009
$2,160,000
$1,500,000 by Hudson City Savings Bank
Mortgage Due Jan 01, 2040
90 Ocean Avenue has been categorized by the local assessors in Monmouth Beach, NJ as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 90 Ocean Avenue has 6,965 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 1,950 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 29,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 flat style roof made of roll composition. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 90 Ocean Avenue was last sold in Jun 23, 2015 for $2,400,000. According to our calculations, that's $344.58 per sqft. Prior to that sales transaction, the property was sold for $2,160,000 in Dec 4, 2009. Current property owners are expected to pay $30,903 in taxes per year. The property on 90 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,000,300. To break that down further, the land itself was valued at $1,621,000. While improvements to the property were assessed at a total of $1,379,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 205
  • Garage Type: Mixed use
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 29,250
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 6,965
  • Building Area: 6,965
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 6,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.671
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRAGGOS ANGELO
  • Current Owner 2: FRAGGOS VICKY
  • Previous Owner : TULLO RICHARD
  • Previous Owner 2: TULLO LAUREEN
  • Owner Before Previous Owner: JENNINGS DARRIN
  • Owner Before Previous Owner 2: JENNINGS NICHELLE A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monmouth Beach Borough School District
  • Census Tract: 804100

Zoning

  • Zoning: 9123

Geography

  • District: 34
  • Parcel: 34 00017-0000-00001
  • Block: 17
  • Lot: 1
  • Municipality: MONMOUTH BEACH BORO
  • Latitude: 40.3367
  • Longitude: -73.9748

    Address

  • Full Address: 90 Ocean Ave
  • Address - House Number: 90
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Monmouth Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1229
  • Zip Code: 07750

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,903

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 3,626,017
  • High Value: 4,243,552
  • Low Value: 3,008,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 23, 2015
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Jul 01, 2045

    Market Valuation

  • Market Total Value: $3,000,300
  • Market Land Value: $1,621,000
  • Market Improvement Value: $1,379,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,000,300
  • Assessed Land Value: $1,621,000
  • Assessed Improvements Value: $1,379,300

    Sales

  • Current Sale Contract Date: Jun 23, 2015
  • Current Sale Recording Date: Jul 23, 2015
  • Current Sale Transaction ID: 1349598181
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015067074
  • Previous Sale Recording Date: Dec 09, 2009
  • Previous Sale Contract Date: Dec 04, 2009
  • Previous Sale Amount: $2,160,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 23, 2015
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 09, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2040

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Frequently Asked Questions

What neighborhood is 90 Ocean Avenue located in?
The 90 Ocean Avenue is a located in the neighborhood of Monmouth Beach in Monmouth Beach, Monmouth Beach.
What is the average sales price for listings in 90 Ocean Avenue?
The average sales price for units in 90 Ocean Avenue is $0 currently.

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