NOT LISTED FOR SALE

11 Ridge Ave Asbury Park, NJ 07712

Estimated Value: $591,000 - $750,244

6 Beds
2 Baths
2,961 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $500,000 $169 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,389/month

9 Days on Market

Highlights

  • 1 Fireplace
  • Zoned Heating
  • Hot Water Heating System
  • Cooling Available

About This Home

As of December 2023

HIGHEST & BEST BY 2PM TODAY 9/20/23, MULTIPLE OFFERS.Calling all investors to this great opportunity!Legal 2 family with separate gas and electric meters. 3 Bedrooms plus Living room, Dining room and full bath in each apartment.Currently owner occupied but has good rental potential. Featuring walk up attic, full basement and rocking chair porch. Long driveway and stoned rear yard provides plenty of parking. This home is a diamond in the rough waiting to be restored to its original glory. House being Sold AS IS. No repairs will be considered. Certificate of occupancy is responsibility of the buyer.

Last Agent to Sell the Property

Fran Judas

Coldwell Banker Realty Brokerage Phone: 732-673-0197 License #7936245 Listed on: 09/16/2023

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Dispenza

Coldwell Banker Realty License #8645608

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,238

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 135

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,961 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water
  • Assessor Parcel Number 04-00904-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,238

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-673-0197
  • Subdivision Name: None
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 135
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • General Property Info # Parking Spaces: 4.0
  • Unit 2 Gas Stove2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Dimensions: 50 x 135
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00904-0000-00005
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8238.0
  • Tax Other Annual Assessment Amount: 585100.0

Multi Family

  • Number Of Units Total: 2

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Moseley Lizzie $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $500,000 +17.6% $169 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $425,000 -- $144 / 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 $9,046 $586,700 $118,900 $467,800
2023 $9,046 $585,100 $91,600 $493,500
2022 $6,821 $529,100 $61,100 $468,000
2021 $6,821 $449,100 $59,300 $389,800
2020 $6,031 $382,900 $57,200 $325,700
2019 $5,117 $310,100 $54,500 $255,600
2018 $4,715 $264,600 $51,400 $213,200
2017 $4,295 $206,500 $47,800 $158,700
2016 $4,140 $193,100 $45,800 $147,300
2015 $4,140 $187,000 $43,500 $143,500
2014 $3,924 $181,100 $38,500 $142,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22325970

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00904-0000-00005