NOT LISTED FOR SALE

1014 5th Ave Asbury Park, NJ 07712

Estimated Value: $1,035,000 - $1,375,920

7 Beds
4.5 Baths
3,556 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $775,000 $218 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,098/month

15 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Fenced
  • Multiple cooling system units
  • Forced Air Heating System
  • Level Lot

About This Home

As of August 2018

ONE OF A KIND! This income producing property is on one of the most desirable blocks in Asbury Park. Fully rented, stable tenancies. Three units in the 2400 sq ft main house, plus a separate 1100 sq ft carriage house on the back drive with off-street parking. Large, 65x140 level lot. Sit back and let this one make you money.

Last Agent to Sell the Property

Maryanne Roberto

Berkshire Hathaway HomeServices Signature Properties Listed on: 05/30/2018

Last Buyer's Agent

William McClellan

Prudential Zack Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,901

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 65 x 140
  • Fenced
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Home Security System
  • Stove

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking
  • Off Alley Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenants' furnishings and belongings (inc a washer & dryer stored in the basement)
  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 04-00205-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,901

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate, Ceramic Tile
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 65 x 140
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Exterior Security System5: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 4 Water Heater4: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Parking In Alley: Yes
  • Unit 4 Dryer11: Yes
  • Unit 4 Washer10: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants' furnishings and belongings (inc a washer & dryer stored in the basement)
  • Exterior Features: Fence, Security System, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None, In Alley
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 65 x 140
  • Parcel #: 04-00205-0000-00003

Rental Info

  • Tenant Pays: See Remarks, Hot Water, Heat, Gas, Electricity
  • Owner Pays: See Remarks, Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10901.0
  • Tax Other Annual Assessment Amount: 524100.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 8, 2018
Sold by
1014 Ap Llc
Bought by
Sambogna Pompilio and Sambogna Amy
Seller's Agent
Maryanne Roberto
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
William McClellan
Prudential Zack Shore Properties
Sold Price
$775,000
Current Estimated Value
$1,235,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,480
Avg. Annual Appreciation
7.84%
Original Mortgage
$581,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2016
Sold by
Vitagliano Francine and Young Joann E
Bought by
1014 Ap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.56%

Purchase Details

Closed on
Feb 25, 2003
Sold by
Hogan Barbara
Bought by
Young Joann and Vitagliano Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,720
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1999
Sold by
Pak Yon
Bought by
Hogan Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 1997
Sold by
The Royce Co
Bought by
Pak Yon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.97%
Mortgage Type
Commercial
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
Sambogna Pompilio $775,000 Arcadia Title
1014 Ap Llc $529,000 --
Young Joann $300,900 --
Hogan Barbara $81,000 --
Pak Yon $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sambogna Pompilio $589,000
Closed Sambogna Pompilio $581,200
Previous Owner 1014 Ap Llc --
Previous Owner Young Joanne $204,470
Previous Owner Vitagliano Francine M $25,000
Previous Owner Young Joann $236,720
Previous Owner Hogan Barbara $64,800
Previous Owner Pak Yon $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $775,000 -- $218 / Sq Ft
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 $18,187 $1,217,200 $616,300 $600,900
2024 $16,428 $1,149,600 $536,000 $613,600
2023 $16,428 $1,062,600 $364,500 $698,100
2022 $14,512 $1,010,800 $303,700 $707,100
2021 $14,512 $918,500 $276,100 $642,400
2020 $12,625 $801,600 $264,000 $537,600
2019 $12,382 $750,400 $251,300 $499,100
2018 $11,955 $670,900 $228,500 $442,400
2017 $10,901 $524,100 $199,800 $324,300
2016 $11,835 $552,000 $204,800 $347,200
2015 $11,524 $471,600 $182,300 $289,300
2014 $9,346 $431,300 $239,700 $191,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maryanne Roberto

    Berkshire Hathaway HomeServices Signature Properties

  • W

    Buyer's Agent in 2018

    William McClellan

    Prudential Zack Shore Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21821081

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00205-0000-00003

New Jersey Monmouth County Asbury Park 07712

1014 5th Ave, Asbury Park, NJ

This home is located at 1014 5th Ave, Asbury Park, NJ 07712 since 30 May 2018 and is currently estimated at $1,235,480, approximately $347 per square foot. This property was built in 1920. 1014 5th 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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