NOT LISTED FOR SALE

1000 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $507,000 - $552,000

5 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 08, 2021

Last sale price $385,000

Est. 35% increase in value since last sale

Current estimated payment $3,314/month

12 Days on Market

About This Home

As of July 2021

Great 2 family home close to the train, shopping and Asbury Park beaches! Both units rented and occupied. Wonderful porch, side yard and detached garage for extra storage! Own a piece of historic Asbury Park! Being sold as is and buyer is responsible for the CO.

Last Agent to Sell the Property

Maureen Gilroy

Ward Wight Sotheby's International Realty License #0566183 Listed on: 04/24/2021

Ward Wight Sotheby's International Realty

Co-Listed By

Erin Kavanaugh

Ward Wight Sotheby's International Realty License #0789652

Last Buyer's Agent

Christopher Pizzola

Heritage House Sotheby's International Realty License #1541547

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50 x 65

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 04-00601-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,719

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 2119
  • Co List Office Phone: 732-449-3322
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 65
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Lot Info

  • Lot Dimensions: 50 x 65
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00601-0000-00013
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4719.0
  • Tax Other Annual Assessment Amount: 330600.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 30, 2021
Sold by
Presbrey James B and Presbrey Joann D
Bought by
1000 Summerfield Llc
Seller's Agent
Maureen Gilroy
Ward Wight Sotheby's International Realty
Buyer's Agent
Christopher Pizzola
Heritage House Sotheby's International Realty
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$520,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,710
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Moco Investments
Bought by
Presbrey James B and Presbrey Joanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,100
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 2005
Sold by
Bercovicz Amir
Bought by
Moco Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,383
Interest Rate
6.06%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2001
Sold by
Phenol Camille
Bought by
Bercovicz Amir and Bercovicz Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1000 Summerfield Llc $385,000 Premier Abstract & Ttl Agcy
Presbrey James B $321,300 --
Moco Investments Llc $262,000 --
Bercovicz Amir $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Presbrey James B $32,100
Previous Owner Presbrey James B $256,800
Previous Owner Moco Investments Llc $258,383
Previous Owner Bercovicz Amir $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $385,000 -3.5% --
05/06/2021 05/06/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $399,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,746 $447,400 $195,500 $251,900
2024 $6,691 $426,400 $169,200 $257,200
2023 $6,691 $432,800 $165,400 $267,400
2022 $5,720 $379,900 $137,800 $242,100
2021 $5,720 $362,000 $125,200 $236,800
2020 $5,207 $330,600 $118,800 $211,800
2019 $4,719 $286,000 $113,100 $172,900
2018 $4,328 $242,900 $102,800 $140,100
2017 $3,946 $189,700 $81,200 $108,500
2016 $3,887 $181,300 $76,200 $105,100
2015 $3,835 $173,200 $70,800 $102,400
2014 $3,413 $157,500 $70,800 $86,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maureen Gilroy

    Ward Wight Sotheby's International Realty

    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Erin Kavanaugh

    Ward Wight Sotheby's International Realty

    (732) 859-8366

    1 in this area

    66 Total Sales

    Erin Kavanaugh
    Section Image
  • Christopher Pizzola

    Buyer's Agent in 2021

    Christopher Pizzola

    Heritage House Sotheby's International Realty

    (732) 575-6523

    1 in this area

    45 Total Sales

    Christopher Pizzola
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22112349

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00601-0000-00013

New Jersey Monmouth County Asbury Park 07712

1000 Summerfield Ave, Asbury Park, NJ

This home is located at 1000 Summerfield Ave, Asbury Park, NJ 07712 since 24 April 2021 and is currently estimated at $520,710. This property was built in 1920. 1000 Summerfield Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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