$845,000
SOLD NOV 5, 2024

1200 Bridge St Asbury Park, NJ 07712

3 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

5% Below List Price

106 Days on Market

Highlights

  • Deck
  • Recessed Lighting
  • Forced Air Zoned Heating and Cooling System
  • Corner Lot
  • Storage
  • Fenced

About This Home

As of November 2024

Welcome to Asbury Park, NJ! Step into the perfect investment opportunity for rental income or the perfect place to call home in this desirable neighborhood at the Jersey Shore! This multi-family home features 2 Units and was completely renovated in 2023.The first Unit welcomes you into a spacious and bright living room, following through into the dining area and updated kitchen featuring quartz countertops, stainless steel appliances, and recessed lighting. This Unit comes complete with 2 bedrooms and a full bathroom. The second Unit is designed with the same finishes as the first Unit and is complete with 1 bedroom and 1 full bathroom. Both Units have access to their own private basement spaces and own washer and dryer. New central AC system and roof installed. Enjoy the large deck for summer entertaining and the vibrant Asbury Park atmosphere, just a mile from the beach, boardwalk, convention center, Cookman Ave, and The Stone Pony. Whether for rental income or your own home, this property offers both opportunity and coastal living at its best.

Last Agent to Sell the Property

Isaac Nussbaum

Real Broker, LLC- Toms River Brokerage Email: yitzi@thenussbaumteam.com License #1647137 Listed on: 10/02/2024

Last Buyer's Agent

Kevin McMullen

Ward Wight Sotheby's International Realty License #1865774

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,107

Year Built

  • Built in 1950

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Storage
  • Laminate Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 04-02201-0000-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,107

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: yitzi@thenussbaumteam.com
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: None
  • Reso Flooring: Laminate
  • Reso Interior Features: Locked Storage, Recessed Lighting
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • 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: 50 x 100
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Locked Storage: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Deck, Fence, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-02201-0000-00020
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9107.0
  • Tax Other Annual Assessment Amount: 589100.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Oct 11, 2024
Sold by
Indus Investments Llc
Bought by
Alentes Llc
Seller's Agent
Isaac Nussbaum
Real Broker, LLC- Toms River
Buyer's Agent
Kevin McMullen
Ward Wight Sotheby's International Realty
List Price
$890,000
Sold Price
$845,000
Premium/Discount to List
-$45,000
-5.06%
Current Estimated Value
$860,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,669
Avg. Annual Appreciation
2.21%
Original Mortgage
$445,000
Outstanding Balance
$440,570
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$420,099

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 29, 2022
Sold by
Agosto Lopez Eddy Annibal and Agosto Raymond C
Bought by
Indus Investments Limited Liability Company
Seller's Agent
Deborah Collins
Patrick Parker Realty
Buyer's Agent
Stacy Molinari-Stefani
Burke&Manna Real Estate Agency
List Price
$750,000
Sold Price
$580,000
Premium/Discount to List
-$170,000
-22.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Sep 27, 2004
Sold by
Kienly Raymond C
Bought by
Lopez Eddy Annibal and Klenly Raymond C

Purchase Details

Closed on
Nov 8, 2000
Sold by
Ognibene Jo Anne
Bought by
Kienly Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,092
Interest Rate
7.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bargain Sale Deed $845,000 Main Street Title
Bargain Sale Deed $845,000 Main Street Title
Bargain Sale Deed $845,000 Main Street Title
Deed $580,000 Westcor Land Title
Deed $580,000 Westcor Land Title
Deed -- --
Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,000 New Conventional
Closed $445,000 New Conventional
Previous Owner $239,860 Commercial
Previous Owner $250,000 Commercial
Previous Owner $110,092 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $845,000 -5.1% --
10/02/2024 10/02/24 For Sale $890,000 0.0% --
08/30/2024 08/30/24 Pending -- -- --
08/18/2024 08/18/24 Off Market $890,000 -- --
06/18/2024 06/18/24 Price Changed $890,000 -8.7% --
05/16/2024 05/16/24 For Sale $975,000 +68.1% --
05/05/2022 05/05/22 Sold $580,000 -17.0% --
03/05/2022 03/05/22 Pending -- -- --
12/09/2021 12/09/21 Price Changed $699,000 -6.8% --
12/04/2021 12/04/21 For Sale $750,000 0.0% --
10/04/2018 10/04/18 Rented $19,800 0.0% --
09/01/2017 09/01/17 Rented $19,800 -- --
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 $11,053 $761,500 $500,300 $261,200
2024 $9,107 $698,700 $432,000 $266,700
2023 $9,107 $589,100 $324,900 $264,200
2022 $8,390 $584,300 $270,700 $313,600
2021 $8,390 $531,000 $246,100 $284,900
2020 $7,677 $487,400 $234,000 $253,400
2019 $7,557 $458,000 $222,800 $235,200
2018 $7,324 $411,000 $202,500 $208,500
2017 $6,970 $335,100 $175,000 $160,100
2016 $7,185 $335,100 $180,000 $155,100
2015 $6,888 $311,100 $160,000 $151,100
2014 $6,720 $310,100 $210,000 $100,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22413742

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02201-0000-00020