NOT LISTED FOR SALE

1123 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $564,000 - $693,000

3 Beds
2 Baths
1,402 Sq Ft
$449/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $531,000 $379 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,292/month

8 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Attic
  • Den

About This Home

As of July 2021

From it's vibrant funky yellow door to it's retro fitting kitchen. 'The Monroe has an identity of it's own. A feel good space, quirky yet charming. Seamless transitions can be sought in this Jersey Shore Victorian with a twist of modern flair.

The ambiance of the house is just stunning. It's natural lighting invigorating. Off the kitchen, and through the sliding doors, feast your eyes on your fully-fenced /manicured yard, complimented with decking, a side yard area with home grown vegetation and oversized drive way.

Upon re-entry, enjoy your choice of one of three generously sized bedrooms.
The upstairs bathroom features modern finishes and smart home technologies.

The Lower Level, features full dry with ample space for storage.
Have you a been looking for that staycation home?

Schedule an appointment today!

Last Agent to Sell the Property

Christina Gelpi

Real Broker, LLC- Red Bank License #1329223 Listed on: 03/19/2021

Real Broker, LLC- Red Bank

Last Buyer's Agent

Christina Gelpi

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Garage

Home Design

  • Victorian Architecture
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 1,402 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Thermal Windows
  • Sliding Doors
  • Den
  • Wood Flooring
  • Breakfast Bar
  • Laundry Tub
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Owner's Personal Property
  • Assessor Parcel Number 04-01604-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,508

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Victorian
  • Reso Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Den, Laundry Tub, Sliding Door, Breakfast Bar
  • New Construction: No
  • Year Built: 1919
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Exterior Thermal Window: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Kitchen Breakfast Cntr: Yes
  • Interior Laundry Tub: Yes
  • SidingCedarShake: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Owner's Personal Property
  • Construction Type: Shake Siding
  • Exterior Features: Deck, Porch - Open, Thermal Window

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 04-01604-0000-00019

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jul 6, 2021
Sold by
Kornfield Brian and Kornfield Sari Gottlieb
Bought by
Marrazzo Corrin and Burke Daniel
Seller's Agent
Christina Gelpi
Real Broker, LLC- Red Bank
Buyer's Agent
Christina Gelpi
Crossroads Realty Inc. -Pt. Pleasant Beach
List Price
$500,000
Sold Price
$531,000
Premium/Discount to List
$31,000
6.2%
Current Estimated Value
$652,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,741
Avg. Annual Appreciation
5.24%
Original Mortgage
$477,000
Outstanding Balance
$437,467
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,975

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jun 4, 2019
Sold by
Kienitz Michael S
Bought by
Kornfield Brian and Kornfield Sari Gottlieb
Seller's Agent
Lydia Bourgeois
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
James Kesling
Prudential Zack Shore Properties
Sold Price
$403,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Listed on
Dec 3, 2016
Closed on
Mar 29, 2017
Sold by
Davila-Zavila Pablo
Bought by
Kienitz Michael S
Seller's Agent
Phyllis Maffucci
Space & Company
Buyer's Agent
Lydia Bourgeois
Ward Wight Sotheby's International Realty
Sold Price
$237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.67%
Interest Rate
4.21%

Purchase Details

Listed on
Dec 3, 2016
Closed on
Mar 13, 2017
Sold by
Gerena Morales Rosa and Morales Benjamin R
Bought by
Davila Zavalapablo
Seller's Agent
Phyllis Maffucci
Space & Company
Buyer's Agent
Lydia Bourgeois
Ward Wight Sotheby's International Realty
Sold Price
$237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.21%

Purchase Details

Closed on
Sep 27, 1999
Sold by
Taylor Evelyn
Bought by
Morales Benjamin and Gerena Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,550
Interest Rate
7.83%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Marrazzo Corrin $531,000 All Ahead Title Agency
Kornfield Brian $403,500 Arcadia Title Agency
Kienitz Michael S $195,000 Oceanview Title
Davila Zavalapablo $237,500 --
Morales Benjamin $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrazzo Corrin $477,000
Previous Owner Kornfield Brian $165,000
Previous Owner Davila Zavalapablo --
Previous Owner Morales Benjamin R $21,552
Previous Owner Morales Benjamin $205,000
Previous Owner Morales Benjamin $54,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $531,000 +6.2% $379 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $500,000 +23.9% $357 / Sq Ft
06/04/2019 06/04/19 Sold $403,500 +69.9% --
02/07/2017 02/07/17 Sold $237,500 -- --
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 $8,622 $565,900 $172,800 $393,100
2023 $8,622 $557,700 $125,800 $431,900
2022 $7,023 $489,300 $96,800 $392,500
2021 $7,023 $444,500 $87,900 $356,600
2020 $6,319 $401,200 $84,300 $316,900
2019 $5,508 $333,800 $80,300 $253,500
2018 $4,852 $272,300 $67,500 $204,800
2017 $4,705 $226,200 $55,300 $170,900
2016 $4,672 $217,900 $52,300 $165,600
2015 $4,678 $211,300 $50,000 $161,300
2014 $3,983 $183,800 $45,000 $138,800
Source: Public Records

Agents Affiliated with this Home

  • Christina Gelpi

    Seller's Agent in 2021

    Christina Gelpi

    Real Broker, LLC- Red Bank

    (732) 485-9393

    5 in this area

    50 Total Sales

    Section Image

  • L

    Seller's Agent in 2019

    Lydia Bourgeois

    Berkshire Hathaway HomeServices Signature Properties

  • M

    Seller Co-Listing Agent in 2019

    Mark Lindsey

    Berkshire Hathaway HomeServices Signature Properties

  • J

    Buyer's Agent in 2019

    James Kesling

    Prudential Zack Shore Properties

  • P

    Seller's Agent in 2017

    Phyllis Maffucci

    Space & Company

    (732) 531-2500

    2 in this area

    4 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22107435

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01604-0000-00019

New Jersey Monmouth County Asbury Park 07712

1123 Monroe Ave, Asbury Park, NJ

This home is located at 1123 Monroe Ave, Asbury Park, NJ 07712 since 19 March 2021 and is currently estimated at $629,113, approximately $448 per square foot. This property was built in 1919. 1123 Monroe 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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