NOT LISTED FOR SALE

1205 Emory St Asbury Park, NJ 07712

Estimated Value: $1,038,000 - $1,452,000

4 Beds
3 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold December 19, 2017

Last sale price $535,000

Est. 115% increase in value since last sale

Current estimated payment $7,163/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Fireman's Park
  • Multiple cooling system units

About This Home

As of December 2017

Completely remodeled and renovated three unit income generating building. New kitchens, new bathrooms, etc.

Unit 1 is 2 bedrooms and 1 bathroom currently leased for $1,700 per month. Unit 2 is 1 bedroom 1 bathroom currently leased for $1,161 per month. Unit 3 is a 2 bedroom 1 bathroom currently leased for $1,300 per month. Gross rent roll is $4,161 per month or $49,932 per year.

Utilities (water/sewer): $1,366 per year. Real Estate Taxes: $7,880 per year Insurance: $1,200 per year

Last Agent to Sell the Property

Marc Sorrentino

VRI Homes Brokerage Phone: 800-531-2885 License #1648911 Listed on: 11/07/2017

Last Buyer's Agent

Judith Collan

C21/ Action Plus Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,881

Year Built

  • Built in 1920

Lot Details

  • 2,483

Home Design

  • Triplex

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 50

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, yard maintenance, snow removal, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 04-02803-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,881

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Attribution Contact: 800-531-2885
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1920
  • 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: 50 x 50
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Lot Info

  • Lot Dimensions: 50 x 50
  • Parcel #: 04-02803-0000-00011

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7881.0
  • Tax Other Annual Assessment Amount: 400800.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 14, 2017
Sold by
1205 Emory Holdings Llc
Bought by
Jamgochian Nevdon
Seller's Agent
Marc Sorrentino
VRI Homes
Buyer's Agent
Judith Collan
C21/ Action Plus Realty
Sold Price
$535,000
Current Estimated Value
$1,151,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,666
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jul 3, 2013
Sold by
Apple 25 Llc
Bought by
1205 Emory Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,731
Interest Rate
3.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2013
Sold by
Boykin Elliott J
Bought by
Apple 25 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,731
Interest Rate
3.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 1997
Sold by
Fauntleroy Thomas
Bought by
Boykin Elliott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 1995
Sold by
Bankers Sav
Bought by
Britton J James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.82%
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 Buyer Sale Price Title Company
Jamgochian Nevdon $535,000 Trident Abstract Title Agenc
1205 Emory Holdings Llc -- Agent For The Security Titl
Apple 25 Llc $175,000 None Available
Boykin Elliott $115,000 --
Fauntleroy Thomas $90,000 --
Britton J James $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apple 25 Llc $176,731
Previous Owner Fauntleroy Thomas $115,000
Previous Owner Britton J James $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $535,000 -- --
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 $13,615 $941,000 $448,000 $493,000
2024 $12,614 $860,600 $362,800 $497,800
2023 $12,614 $815,900 $290,700 $525,200
2022 $9,994 $719,600 $242,300 $477,300
2021 $9,994 $632,500 $220,200 $412,300
2020 $9,063 $575,400 $208,300 $367,100
2019 $8,897 $539,200 $198,400 $340,800
2018 $8,620 $483,700 $181,600 $302,100
2017 $8,337 $400,800 $153,000 $247,800
2016 $7,881 $367,600 $139,500 $228,100
2015 $6,666 $301,100 $135,000 $166,100
2014 $6,052 $245,000 $160,000 $85,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Sorrentino

    Seller's Agent in 2017

    Marc Sorrentino

    VRI Homes

    (732) 816-9178

    27 Total Sales

    Marc Sorrentino
    Section Image

  • J

    Buyer's Agent in 2017

    Judith Collan

    C21/ Action Plus Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21742497

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02803-0000-00011

New Jersey Monmouth County Asbury Park 07712

1205 Emory St, Asbury Park, NJ

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.

Nearby Homes