$366,400
SOLD DEC 16, 2022

1023 3rd Ave Asbury Park, NJ 07712

3 Beds
1 Bath
1,452 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

21% Below List Price

89 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Bonus Room
  • Porch

About This Home

As of August 2023

WELCOME HOME! This is your opportunity to live less than a mile to Asbury Park beaches and boardwalk. Prepare to be entertained and inspired year round with the nearby action of famous concert venues, art, restaurants, and so much more. This home is a blank canvas that is ready for some extra love and creativity. On top of the 3 bedrooms and 1 bathroom, there is a first floor bonus room, an expansive front porch, and a patio/deck area out back with so much room for fun. Come see this awesome property for yourself!

Last Agent to Sell the Property

Shae Cowley

Ward Wight Sotheby's International Realty License #2182864

Last Buyer's Agent

Susan B. Padva

Space & Company License #2075279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,859

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25 x 150

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Bonus Room
  • Wood Flooring
  • Walkup Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-00301-0000-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,859

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, 2 Story
  • Reso Interior Features: Attic - Walk Up, Bonus Room
  • 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
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 25 x 150
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Cooling None12: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Interior Attic - Walk Up: Yes
  • Interior Bonus Room: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Patio, Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25 x 150
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 04-00301-0000-00022
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7859.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jul 31, 2023
Sold by
Padva Susan and Padva Jill
Bought by
Harrington Karen
Seller's Agent
Susan B. Padva
Space & Company
Buyer's Agent
Wendy Smith
RE/MAX Gateway
List Price
$724,000
Sold Price
$800,000
Premium/Discount to List
$76,000
10.5%
Total Days on Market
89
Views
62
Current Estimated Value
$818,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,611
Avg. Annual Appreciation
2.63%
Original Mortgage
$420,000
Outstanding Balance
$413,119
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$424,272

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 16, 2022
Sold by
1023 3Rd Ave Llc
Bought by
Padva Susan and Salvino Jffi
Seller's Agent
Shae Cowley
Ward Wight Sotheby's International Realty
Buyer's Agent
Susan B. Padva
Space & Company
List Price
$465,000
Sold Price
$366,400
Premium/Discount to List
-$98,600
-21.2%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.39%

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 9, 2022
Sold by
1023 3Rd Ave Llc
Bought by
Padva Susan and Salvino Jill
Seller's Agent
Shae Cowley
Ward Wight Sotheby's International Realty
Buyer's Agent
Susan B. Padva
Space & Company
List Price
$465,000
Sold Price
$366,400
Premium/Discount to List
-$98,600
-21.2%
Views
87

Purchase Details

Closed on
Apr 17, 2007
Sold by
Berman Brian
Bought by
1023 3Rd Ave Llc

Purchase Details

Closed on
Nov 30, 2000
Sold by
Opportunity Funding I Llc
Bought by
Berman Brian

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $800,000 Counsellors Title
Deed $366,400 Fidelity National Title
Bargain Sale Deed -- Steward Title Guaranty Compa
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $800,000 +10.5% $551 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $724,000 +97.6% $499 / Sq Ft
12/16/2022 12/16/22 Sold $366,400 -21.2% $252 / Sq Ft
12/02/2022 12/02/22 For Sale $465,000 0.0% $320 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $465,000 -6.1% $320 / Sq Ft
09/09/2022 09/09/22 Price Changed $495,000 -9.8% $341 / Sq Ft
09/02/2022 09/02/22 For Sale $549,000 -- $378 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,714 $745,300 $393,800 $351,500
2023 $9,714 $628,300 $291,600 $336,700
2022 $7,859 $547,300 $243,000 $304,300
2021 $7,859 $497,400 $220,900 $276,500
2020 $7,360 $467,300 $208,800 $258,500
2019 $6,983 $423,200 $198,800 $224,400
2018 $6,764 $379,600 $180,700 $198,900
2017 $6,604 $317,500 $154,300 $163,200
2016 $6,805 $317,400 $159,300 $158,100
2015 $5,984 $270,300 $116,300 $154,000
2014 $5,012 $231,300 $129,300 $102,000
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227966

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00301-0000-00022