NOT LISTED FOR SALE

1020 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $361,000 - $485,000

3 Beds
1 Bath
1,088 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $230,000 $211 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,803/month

142 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Heating System Uses Oil Above Ground
  • No HOA

About This Home

As of December 2022

Investor Opportunity! Enter onto covered porch. Main floor with formal living room, family room, eat in kitchen. Upstairs with three bedrooms and main bath. Unfinished basement. Backyard with nice sized yard.

Last Agent to Sell the Property

Christian Tibok

Fathom Realty NJ License #1754488 Listed on: 07/12/2022

Fathom Realty NJ

Last Buyer's Agent

Glenda D'Ambrisi

RE/MAX Synergy License #1111785

RE/MAX Synergy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22 x 100

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-00505-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.05
  • General Property Info Lot Dimensions: 22 x 100
  • Roof Shingled: Yes
  • Exterior Porch - Open: Yes
  • Cooling None12: Yes
  • Heating Oil Above Ground: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil Above Ground
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 22 x 100
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 04-00505-0000-00008

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Dec 21, 2022
Sold by
Cunningham Sarah
Bought by
1020 Monroe Llc
Seller's Agent
Christian Tibok
Fathom Realty NJ
Buyer's Agent
Glenda D'Ambrisi
RE/MAX Synergy
List Price
$274,990
Sold Price
$230,000
Premium/Discount to List
-$44,990
-16.36%
Views
106
Current Estimated Value
$447,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,016
Avg. Annual Appreciation
27.43%
Original Mortgage
$277,500
Interest Rate
6.61%
Mortgage Type
New Conventional
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
1020 Monroe Llc $230,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1020 Monroe Llc $370,500
Closed 1020 Monroe Llc $277,500
Previous Owner Cunningham Jerry $100,000
Previous Owner Cunningham Jerry $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $230,000 -16.4% $211 / Sq Ft
12/16/2022 12/16/22 For Sale $274,990 0.0% $253 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $274,990 -5.2% $253 / Sq Ft
07/12/2022 07/12/22 For Sale $289,990 -- $267 / 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
2024 $4,417 $437,700 $170,400 $267,300
2023 $4,417 $285,700 $149,000 $136,700
2022 $3,800 $248,500 $124,200 $124,300
2021 $3,800 $256,300 $112,800 $143,500
2020 $3,684 $233,900 $106,400 $127,500
2019 $3,356 $203,400 $101,300 $102,100
2018 $3,124 $175,300 $92,100 $83,200
2017 $2,829 $136,000 $71,200 $64,800
2016 $2,890 $134,800 $66,200 $68,600
2015 $2,582 $127,900 $61,000 $66,900
2014 $2,535 $128,500 $71,000 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22221862

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00505-0000-00008