NOT LISTED FOR SALE

1016 5th Ave Unit 1 Asbury Park, NJ 07712

Estimated Value: $958,000 - $1,496,000

2 Beds
2 Baths
2,734 Sq Ft
$474/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Central Air
  • Deck
  • Recessed Lighting
  • Gas Fireplace

About This Home

As of October 2022

*PET FRIENDLY* Spend the winter in beautiful Asbury Park, available November 1, 2022 to May 15, 2023. Lovely, newly renovated 2 bedroom, 2 bath unit on the first floor of a two-family home. Home includes an eat in kitchen, granite countertop, stainless steel appliances, central AC, and off street parking. Fully furnished, with new towels & linens. Stacked washer & dryer in unit. Small, friendly dog allowed, up to 40lbs. Pet deposit is $500.

Last Agent to Rent the Property

Noelle Garifine

Diane Turton, Realtors-Asbury Park Listed on: 09/30/2022

Last Renter's Agent

Nicolle Garifine

All Shores Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,236

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • No Garage

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Eat-In Kitchen

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Property Available on 12/1/22
  • Ask Agent About Lease Term
  • Assessor Parcel Number 04-00205-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,236

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Available Date: 2022-12-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1900
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.16
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Living Room Fireplace - Gas7: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2022-12-01
  • General Property Info # Parking Spaces3: 1
  • Lease Terms Winter: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes
  • Primary Bedroom Floor - Laminate8: Yes

Exterior Features

  • Acres: 0.16
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 04-00205-0000-00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Joseph L Schnitzer
Bought by
Peles Donna
Current Estimated Value
$1,294,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,670
Outstanding Balance
$274,485
Interest Rate
4.23%
Estimated Equity
$1,020,507

Purchase Details

Closed on
Apr 17, 2001
Sold by
Fringe Holdings Llc
Bought by
Bangs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
7.18%
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
Peles Donna -- --
Bangs Properties Llc $57,017 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peles Donna $329,670
Closed Peles Donna --
Previous Owner Bangs Properties Llc $165,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Rented $16,909 +550.3% --
09/30/2022 09/30/22 For Rent $2,600 0.0% --
09/27/2022 09/27/22 Off Market $2,600 -- --
09/07/2022 09/07/22 Price Changed $2,600 -8.8% $1 / Sq Ft
08/25/2022 08/25/22 Price Changed $2,850 -5.0% $1 / Sq Ft
07/12/2022 07/12/22 For Rent $3,000 -- --
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 $17,236 $1,149,200 $553,700 $595,500
2024 $15,126 $1,089,500 $481,500 $608,000
2023 $15,126 $978,400 $336,900 $641,500
2022 $12,401 $863,700 $280,700 $583,000
2021 $12,401 $784,900 $255,200 $529,700
2020 $11,264 $715,200 $243,000 $472,200
2019 $6,282 $380,700 $231,400 $149,300
2018 $6,107 $342,700 $210,400 $132,300
2017 $6,668 $320,600 $182,500 $138,100
2016 $7,626 $355,700 $187,500 $168,200
2015 $7,072 $330,700 $166,800 $163,900
2014 $6,847 $327,500 $219,000 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22221784

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00205-0000-00002