NOT LISTED FOR SALE

1107 3rd Ave Asbury Park, NJ 07712

Estimated Value: $887,000 - $1,018,000

6 Beds
3 Baths
2,376 Sq Ft
$398/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $185,441 $78 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $5,943/month

26 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2015

Property is being sold in AS IScondition. Buyer is responsible for obtaining Resale CO and any lender required repairs & certifications.Live on one side and rent out the other side to help pay the mortgage. Cash Sales must provide proof of funds with contract under 30 days old.Mortgaged offers must have prequal letter under 30 days old.

Last Agent to Sell the Property

John Glancy

RE/MAX at Barnegat Bay License #8830435 Listed on: 10/29/2015

RE/MAX at Barnegat Bay

Last Buyer's Agent

George Broome

RE/MAX at Barnegat Bay License #7811312

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 46 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Asbury Park Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-02206-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 46 x 140
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • ExteriorDeck: Yes
  • Water Heater Tank: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 46 x 140
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-02206-0000-00007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6000.0
  • Tax Other Annual Assessment Amount: 286999.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Dec 23, 2015
Sold by
Cit Bank Na
Bought by
Owb Reo Llc
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
George Broome
RE/MAX at Barnegat Bay
Sold Price
$185,441
Current Estimated Value
$946,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,358
Avg. Annual Appreciation
18.16%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Elshtein Jacob
Bought by
Adams Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
7.39%
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
Owb Reo Llc -- None Available
Levy Ellis -- None Available
Adams Linda $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Linda $111,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $185,441 -- $78 / 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
2025 $11,093 $766,400 $537,000 $229,400
2024 $8,341 $701,200 $467,000 $234,200
2023 $8,341 $539,500 $329,500 $210,000
2022 $6,683 $465,400 $274,600 $190,800
2021 $6,165 $423,000 $249,600 $173,400
2020 $6,165 $391,400 $237,500 $153,900
2019 $5,775 $350,000 $226,100 $123,900
2018 $5,619 $315,300 $205,500 $109,800
2017 $5,982 $287,600 $177,900 $109,700
2016 $7,208 $300,000 $182,900 $117,100
2015 $6,352 $286,900 $137,600 $149,300
2014 $5,998 $276,800 $177,900 $98,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21541208

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02206-0000-00007