NOT LISTED FOR SALE

1111 Bangs Ave Asbury Park, NJ 07712

Estimated Value: $685,390

-- Bed
-- Bath
3,550 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $388,500 $109 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,384/month

12 Days on Market

Highlights

  • Attic
  • Cooling Available
  • Heating Available

About This Home

As of October 2022

Opportunity abounds with 2 large buildings on this lot. Primary home features 4 BR, 2 full baths, generous room sizes, large open front porch and much original charm when you look closely. The rear structure has 3 BR, 1 bath, front porch and also has generous room sizes. Both units are vacant and do need work. Strictly an As-is sale with buyer responsible for clean out, TOT/Certificate of Occupancy, inspections.

Last Agent to Sell the Property

Johna Karpinski

Berkshire Hathaway HomeServices Signature Properties License #8935079 Listed on: 08/08/2022

Berkshire Hathaway HomeServices Signature Properties

Last Buyer's Agent

Janet Manni

RE/MAX Gateway License #9236673

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,516

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Duplex

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Attic

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 04-01307-0000-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,516

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-01307-0000-00014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6516.0
  • Tax Other Annual Assessment Amount: 428400.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 20, 2022
Sold by
Christie Lorna
Bought by
Asbury Max Llc
Seller's Agent
Johna Karpinski
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Janet Manni
RE/MAX Gateway
List Price
$299,000
Sold Price
$388,500
Premium/Discount to List
$89,500
29.93%
Views
17
Current Estimated Value
$685,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,890
Avg. Annual Appreciation
22.30%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Estate Virginia Quailes
Bought by
James Hyacinth and Mertel James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
9.17%
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
Asbury Max Llc $388,500 --
James Hyacinth $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Hyacinth $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $388,500 +29.9% $109 / Sq Ft
09/24/2022 09/24/22 For Sale $299,000 0.0% $84 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $299,000 -- $84 / 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 $7,183 $508,800 $80,200 $428,600
2023 $7,183 $464,600 $81,300 $383,300
2022 $6,515 $428,400 $67,800 $360,600
2021 $6,515 $412,400 $61,600 $350,800
2020 $6,395 $406,000 $61,600 $344,400
2019 $6,381 $386,700 $58,600 $328,100
2018 $6,264 $351,500 $53,300 $298,200
2017 $6,092 $292,900 $46,300 $246,600
2016 $5,941 $277,100 $46,300 $230,800
2015 $6,520 $294,500 $46,300 $248,200
2014 $6,208 $286,500 $46,300 $240,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22225043

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01307-0000-00014