NOT LISTED FOR SALE

1140 Springwood Ave Asbury Park, NJ 07712

Estimated Value: $753,000 - $834,000

3 Beds
2.5 Baths
2,266 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $655,000 $289 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,065/month

40 Days on Market

Highlights

  • New Construction
  • Home Security System
  • Energy-Efficient Appliances
  • Garage Apartment
  • Tankless Water Heater
  • 3-minute walk to Springwood Park

About This Home

As of June 2022

LAST DAYS FOR SPECIAL EARLY SIGN-UP PRICING ENDING SOON-Only available for contracts signed by 11/15/21-2 Family New Construction! A two-story, three-bedroom, 21⁄2 bath home(1,632 sq ft) with a detached one-bedroom, one-bath apartment(634 sq ft) above the garage with private entrance. Owner Occupancy is required. Amenities include:
Income Producing Opportunity, Energy Efficient Heating & Cooling System, Luxury Wood Style Vinyl Flooring, Double Paned Anderson 400 Series Windows, Stainless Steel Energy Star Appliances, Landscaped backyard with patio, Simply Safe Alarm System, Short Distance to beaches, shopping, restaurants, music venues, transportation to NYC & Philly, as well as close proximity to Jersey Shore Medical Center, Brookdale Community College and Monmouth University.

Last Agent to Sell the Property

Michael Paolercio

Conroy Real Estate License #9909830 Listed on: 10/22/2021

Last Buyer's Agent

Michael Paolercio

Conroy Real Estate License #9909830 Listed on: 10/22/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 32 x 150
  • Fenced

Parking

  • 1 Car Garage
  • Garage Apartment
  • Oversized Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,266 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Home Security System

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Staging furniture.
  • Assessor Parcel Number 04-00803-000-0005-01

Property Details

Home Type

Multi-Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Vinyl
  • New Construction: Yes
  • Year Built: 2021
  • Contract Info List PriceSqFt: 289.06
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 32 x 150
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage Oversized: Yes
  • Garage Apt Above Garage: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Cooling Single Zone Heat: Yes
  • Exterior Security System5: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: 4098

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Slab: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Staging furniture.
  • Exterior Features: Fence, Security System
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Off Street, On Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking:Paved2: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 32 x 150
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00803-000-0005-01
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jun 2, 2022
Sold by
Interfaith Neighbors Inc
Bought by
Ramzy Mark and Misdary Diana
Seller's Agent
Michael Paolercio
Conroy Real Estate
Buyer's Agent
Michael Paolercio
Conroy Real Estate
List Price
$655,000
Sold Price
$655,000
Current Estimated Value
$792,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,561
Avg. Annual Appreciation
5.57%
Original Mortgage
$655,000
Outstanding Balance
$612,488
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$180,073
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramzy Mark $655,000 Catic Title
Ramzy Mark $655,000 Catic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramzy Mark $655,000
Closed Ramzy Mark $655,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $655,000 0.0% $289 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $655,000 -- $289 / 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 $10,903 $691,800 $154,000 $537,800
2024 $10,504 $689,200 $140,000 $549,200
2023 $10,504 $679,400 $100,000 $579,400
2022 $1,305 $90,900 $90,900 $0
2021 $1,305 $82,600 $82,600 $0
2020 $1,202 $76,300 $76,300 $0
2019 $566 $69,900 $69,900 $0
2018 $0 $30,400 $30,400 $0
2017 $0 $26,400 $26,400 $0
2016 $566 $26,400 $26,400 $0
2015 -- $26,400 $26,400 $0
2014 -- $26,400 $26,400 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Paolercio

    Conroy Real Estate

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22134614

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00803-0000-00009

New Jersey Monmouth County Asbury Park 07712

1140 Springwood Ave, Asbury Park, NJ

Not Listed for Sale

MultiFamily

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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