NOT LISTED FOR SALE

1126 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $393,000 - $446,000

1 Bed
1 Bath
1,344 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $130,000 $97 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,712/month

212 Days on Market

About This Home

As of September 2016

Good investment with an approximate 10% CAP rate. Both units rented. First floor gets $925 mo.Second floor gets $895 mo. Property in good condition. Cute front porch recently painted. Fenced in back yard. Owner pays water and sewer.

Last Agent to Sell the Property

Genora Coleman

Genora & Co.Realty, LLC License #8537245 Listed on: 01/27/2016

Last Buyer's Agent

Timothy O'Keefe

RE/MAX at Barnegat Bay License #1644400

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1920

Lot Details

  • 2,483

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Asbury Park Middle School
  • Asbury Park High School

Utilities

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

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 100

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants belongings.
  • The owner pays for water, snow removal, sewer
  • Assessor Parcel Number 04-01302-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,494

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Year Built: 1920
  • 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: 25 x 100
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants belongings.

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: 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: 25 x 100
  • Parcel #: 04-01302-0000-00005
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3494.0
  • Tax Other Annual Assessment Amount: 157800.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Aug 26, 2016
Sold by
Sondergaard Theodoro and Schrey Theodore S
Bought by
Harrington Adam
Seller's Agent
Genora Coleman
Genora & Co.Realty, LLC
Buyer's Agent
Timothy O'Keefe
RE/MAX at Barnegat Bay
Sold Price
$130,000
Current Estimated Value
$415,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,389
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Solomon Teddy
Bought by
Sondergaard Theodore and Schrey Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,910
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2002
Sold by
Syb Dev Corp
Bought by
Solomon Teddy and Solomon Christine
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
Harrington Adam $130,000 None Available
Sondergaard Theodore $189,900 --
Solomon Teddy $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sondergaard Theodore $170,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $130,000 -- $97 / 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 $5,603 $365,200 $161,700 $203,500
2024 $4,774 $354,200 $146,400 $207,800
2023 $4,774 $308,800 $103,100 $205,700
2022 $3,822 $266,200 $79,300 $186,900
2021 $2,988 $241,900 $72,100 $169,800
2020 $3,331 $211,500 $68,400 $143,100
2019 $2,988 $181,100 $65,100 $116,000
2018 $2,600 $145,900 $53,800 $92,100
2017 $2,533 $121,800 $42,600 $79,200
2016 $3,169 $147,800 $39,600 $108,200
2015 $3,494 $157,800 $37,500 $120,300
2014 $2,951 $136,200 $32,500 $103,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Genora Coleman

    Genora & Co.Realty, LLC

    (732) 567-0336

    1 in this area

    17 Total Sales

    Genora Coleman
    Section Image

  • T

    Buyer's Agent in 2016

    Timothy O'Keefe

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21536606

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01302-0000-00005

New Jersey Monmouth County Asbury Park 07712

1126 Monroe Ave, Asbury Park, NJ

This home is located at 1126 Monroe Ave, Asbury Park, NJ 07712 since 27 January 2016 and is currently estimated at $415,389, approximately $309 per square foot. This property was built in 1920. 1126 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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