$260,000
SOLD SEP 30, 2013

1141 Asbury Ave Asbury Park, NJ 07712

-- Bed
-- Bath
1,280 Sq Ft
4,966 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

290 Days on Market

Highlights

  • Wood Flooring
  • Air Conditioning
  • Level Lot
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of September 2016

LEGAL FOUR FAMILY A GREAT PRICE FRONT BUILDING 2 APARTMENTS,BOTH 2 BEDROOMS,FULL BASEMENT,TENANTS PAYS EVERYTHING EXCEPT WATER. REAR BUILDING HAS A 2 BEDROOM APT AND AN EFFICIENCY, TENANTS PAY EVERY THING EXCEPT WATER TWO GARAGES THAT COULD BE ALSO RENTED FOR ADDITIONAL INCOME PROPERTY IN GOOD SHAPE.SOLD ''AS IS'' CONDITION. THIS IS A GREAT HOME AND INCOME MAKER FOR INVESTOR.

Last Agent to Sell the Property

Bonnie Jenson

Jersey Shore Real Estate Group Associates LLC License #8331530 Listed on: 09/10/2012

Last Buyer's Agent

Cindy Nelson

Nelson Realtors License #8340164

Nelson Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,437

Lot Details

  • Lot Dimensions are 33x150
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • P. Bradley Elementary School
  • Asbury Park High School

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for yard maintenance, water, sewer
  • Assessor Parcel Number 0400041000000032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,437

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Laminate, Ceramic Tile
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 33X150
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • SidingBrick: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 4 AC Unit10: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Paved, Off Street
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 33X150
  • Parcel #: 0400041000000032
  • Zoning Description: Multi-Family, Mixed

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Sewer

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 7437.0
  • Tax Other Annual Assessment Amount: 134100.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: P. Bradley
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Oct 4, 2016
Sold by
Alex A Inoa
Bought by
Parello Nancy and Scheffer Alexander
Seller's Agent
Sandro Mascarenhas
Vail Realty
Buyer's Agent
Richard Davidson
Berkshire Hathaway HomeServices Signature Properties
Sold Price
$380,000
Current Estimated Value
$698,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,764
Avg. Annual Appreciation
6.97%
Original Mortgage
$304,000
Outstanding Balance
$243,403
Interest Rate
3.42%
Estimated Equity
$455,361

Purchase Details

Listed on
Sep 10, 2012
Closed on
Oct 1, 2013
Sold by
Hennis Curlene
Bought by
Inoa Alex A and Cabrera Arlene
Seller's Agent
Bonnie Jenson
Jersey Shore Real Estate Group Associates LLC
Buyer's Agent
Cindy Nelson
Nelson Realtors
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$255,290
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2006
Sold by
Williams Joyce V
Bought by
Hennis Curlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
9.67%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed -- --
Bargain Sale Deed $260,000 Westcor Land Title Ins Co
Deed $445,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,000 No Value Available
Closed -- No Value Available
Previous Owner $255,290 FHA
Previous Owner $356,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $380,000 +46.2% $297 / Sq Ft
09/30/2013 09/30/13 Sold $260,000 -- $203 / 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 $9,408 $621,400 $211,900 $409,500
2024 $8,879 $594,700 $176,600 $418,100
2023 $8,879 $574,300 $140,100 $434,200
2022 $7,322 $506,500 $93,400 $413,100
2021 $7,322 $463,400 $88,100 $375,300
2020 $6,267 $397,900 $82,300 $315,600
2019 $5,542 $335,900 $78,400 $257,500
2018 $5,145 $288,700 $71,200 $217,500
2017 $6,132 $294,800 $59,500 $235,300
2016 $5,990 $279,400 $51,500 $227,900
2015 $6,007 $271,300 $49,300 $222,000
2014 $5,216 $240,700 $49,300 $191,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21202008

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01602-0000-00032