NOT LISTED FOR SALE

1022 Summerfield Ave Asbury Park, NJ 07712

Estimated Value: $324,000 - $372,790

0.12 Acre
$3,010,983 Price per Acre
5,009 Sq Ft Lot

Last Sold August 06, 2024

Last sale price $312,000

Est. 11% increase in value since last sale

Current estimated payment $2,108/month

163 Days on Market

About This Lot

As of August 2024

Land Available! Have you been looking to build your dream house in Asbury Park ? Here is your opportunity to build on this great 50x100 lot. Location is everything, Close to beach, schools, train, Cookman Ave and everything happening downtown! Don't wait, make your dreams come true! Enjoy easy commute with fun beach life!

Last Agent to Sell the Property

Chris Katz/Remax Long Branch

Douglas Elliman of NJ LLC License #0681073 Listed on: 11/20/2023

Douglas Elliman of NJ LLC

Last Buyer's Agent

Stephanie Washington

BHHS Fox & Roach Corporate License #2333235

BHHS Fox & Roach Corporate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,239

Lot Details

  • Lot Dimensions are 50 x 100
  • Level Lot

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 04-00601-0000-00006

Property Details

Property Type

Land

Est. Annual Taxes

$2,239

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Waterfront: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 04-00601-0000-00006
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2239.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Aug 9, 2024
Sold by
Gohil Mayur and Gohil Mahur
Bought by
Walker John and Bracy-Walker Constance
Seller's Agent
Chris Katz/Remax Long Branch
Douglas Elliman of NJ LLC
Buyer's Agent
Stephanie Washington
BHHS Fox & Roach Corporate
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%
Views
107
Current Estimated Value
$346,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,263
Avg. Annual Appreciation
10.43%
Original Mortgage
$234,000
Outstanding Balance
$130,715
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$215,548

Purchase Details

Closed on
Nov 8, 2001
Sold by
Asbury Park City
Bought by
Gohil Mayur
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Walker John $312,000 First American Title
Gohil Mayur $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker John $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $312,000 -4.0% --
05/01/2024 05/01/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $325,000 -- --
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
2024 $2,667 $205,600 $205,600 $0
2023 $2,667 $172,500 $172,500 $0
2022 $1,771 $143,800 $143,800 $0
2021 $1,771 $130,600 $130,600 $0
2020 $1,956 $124,200 $124,200 $0
2019 $1,952 $118,300 $118,300 $0
2018 $1,916 $107,500 $107,500 $0
2017 $1,778 $85,500 $85,500 $0
2016 $1,726 $80,500 $80,500 $0
2015 $1,661 $75,000 $75,000 $0
2014 $1,625 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Katz/Remax Long Branch

    Seller's Agent in 2024

    Chris Katz/Remax Long Branch

    Douglas Elliman of NJ LLC

    (732) 859-8505

    1 in this area

    38 Total Sales

    Chris Katz/Remax Long Branch
    Section Image
  • Stephanie Washington

    Buyer's Agent in 2024

    Stephanie Washington

    BHHS Fox & Roach Corporate

    (215) 897-9191

    1 in this area

    53 Total Sales

    Stephanie Washington
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22332055

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00601-0000-00006

New Jersey Monmouth County Asbury Park 07712

1022 Summerfield Ave, Asbury Park, NJ

This home is located at 1022 Summerfield Ave, Asbury Park, NJ 07712 since 20 November 2023 and is currently estimated at $346,263. 1022 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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