NOT LISTED FOR SALE

1216 1/2 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $333,000 - $450,000

2 Beds
1 Bath
960 Sq Ft
$384/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $266,000 $277 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,282/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Home Office
  • Heating System Uses Natural Gas
  • No HOA
  • Porch

About This Home

As of July 2022

Is this your piece of Asbury pie?Welcome home! This 2 bedroom, possible 3rd (office or nursery) is an great opportunity to own in Asbury Park on an established tree lined street. This home offers proximity to train station, the downtown, the Boardwalk and one of New Jersey's Best beaches! This is an opportunity to put your stamp on a solid home and put down roots or rent it. There is a garage sized shed that in the backyard for additional storage and possible workshop. There is space in front yard to create a 1 car parking pad.MULTIPLE OFFERS RECEIVED, Highest and Best by Monday 6/13/22 @ 5pm.Decision on Tuesday.

Last Agent to Sell the Property

Patricia Grace

EXIT Realty East Coast Shirvanian License #1644889 Listed on: 05/12/2022

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Olga Arias

Keller Williams Realty Central Monmouth License #2189019

Keller Williams Realty Central Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 122

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Home Office
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-01402-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial, 2 Story
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.07
  • General Property Info Lot Dimensions: 25 x 122
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Cooling None12: Yes
  • Water Heater Tank: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • BasementOther: Yes
  • Other Rooms:Office2: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25 x 122
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 04-01402-0000-00012
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2544.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 14, 2022
Sold by
Miller Clara V
Bought by
Plaza Amparo E and Plaza Oscar L
Seller's Agent
Patricia Grace
EXIT Realty East Coast Shirvanian
Buyer's Agent
Olga Arias
Keller Williams Realty Central Monmouth
List Price
$295,000
Sold Price
$266,000
Premium/Discount to List
-$29,000
-9.83%
Total Days on Market
36
Current Estimated Value
$365,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,461
Avg. Annual Appreciation
8.92%
Original Mortgage
$239,400
Outstanding Balance
$230,581
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$114,868
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 Buyer Sale Price Title Company
Plaza Amparo E $266,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaza Amparo E $239,400
Previous Owner Miller Clara $30,000
Previous Owner Miller Clara $150,000
Previous Owner Miller Clara $18,625
Previous Owner Miller Clara $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $266,000 +0.4% $277 / Sq Ft
06/04/2022 06/04/22 Price Changed $265,000 -3.6% $276 / Sq Ft
05/21/2022 05/21/22 Price Changed $275,000 -6.8% $286 / Sq Ft
05/12/2022 05/12/22 For Sale $295,000 -- $307 / 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
2024 $3,488 $270,500 $107,500 $163,000
2023 $3,488 $225,600 $62,200 $163,400
2022 $2,544 $190,000 $41,500 $148,500
2021 $2,544 $161,000 $40,200 $120,800
2020 $2,309 $146,600 $38,100 $108,500
2019 $2,026 $122,800 $36,300 $86,500
2018 $1,891 $106,100 $34,900 $71,200
2017 $1,999 $96,100 $33,600 $62,500
2016 $1,915 $89,300 $31,600 $57,700
2015 $1,875 $84,700 $28,500 $56,200
2014 $1,710 $78,900 $23,500 $55,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patricia Grace

    EXIT Realty East Coast Shirvanian

    (732) 298-1872

    2 in this area

    7 Total Sales

    Section Image
  • Olga Arias

    Buyer's Agent in 2022

    Olga Arias

    Keller Williams Realty Central Monmouth

    (732) 233-0820

    2 in this area

    15 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22213777

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01402-0000-00012

New Jersey Monmouth County Asbury Park 07712

1216 1/2 Monroe Ave, Asbury Park, NJ

This home is located at 1216 1/2 Monroe Ave, Asbury Park, NJ 07712 since 12 May 2022 and is currently estimated at $368,778, approximately $384 per square foot. This property was built in 1920. 1216 1/2 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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