NOT LISTED FOR SALE

1222 1/2 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $370,000 - $623,000

4 Beds
2 Baths
1,428 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $180,000 $126 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,922/month

201 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Zoned Heating System
  • Wood Flooring
  • Porch

About This Home

As of December 2018

Invest in Asbury Park! Income producing property near the quickly developing Springwood Ave section in Asbury Park, and a short bike ride from the beach and downtown. This is your chance to buy AP property that is still a deal. Make this 4 bed 2 full bath single-family your home while AP property values are still climbing, or lease it out and take advantage of one of Monmouth County's hottest rental markets. Currently rented on month to month basis for $1600/month. Home boasts hardwood floors, new 30 year roof installed in 2016, all windows replaced in 2005, 2 zoned forced hot air, large backyard, and shared driveway. Washer/dryer hookups in basement. Property will be vacant as of November 1, 2018.

Last Agent to Sell the Property

Brian Johnson

Berkshire Hathaway HomeServices Signature Properties Listed on: 04/12/2018

Last Buyer's Agent

Frank Bardell

Weichert Realtors-Holmdel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1935

Lot Details

  • 3,746

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 25x150

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenant's belongings
  • Assessor Parcel Number 04-00060-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1935
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25x150
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • SidingStucco: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenant's belongings
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 25x150
  • Parcel #: 04-00060-0000-00006
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2608.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Dec 7, 2018
Sold by
Givin Douglas R and Chomiko Theodore J
Bought by
Jones Tamara
Seller's Agent
Brian Johnson
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Frank Bardell
Weichert Realtors-Holmdel
Sold Price
$180,000
Current Estimated Value
$468,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,553
Avg. Annual Appreciation
15.53%
Original Mortgage
$176,739
Outstanding Balance
$158,508
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$313,530

Purchase Details

Closed on
Oct 14, 2005
Sold by
Cohen Rosalind
Bought by
Given Douglas R and Chomko Theodore J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2002
Sold by
French Martin
Bought by
Cohen Rosiland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,750
Interest Rate
5.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jones Tamara $180,000 All Ahead Title Agency
Given Douglas R $203,000 --
Cohen Rosiland $95,718 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Tamara $176,739
Previous Owner Givin Douglas R $151,444
Previous Owner Given Douglas R $162,400
Previous Owner Cohen Rosiland $71,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $180,000 -- $126 / 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 $4,423 $332,600 $111,600 $221,000
2023 $4,423 $286,100 $64,400 $221,700
2022 $3,252 $244,400 $42,900 $201,500
2021 $3,252 $205,800 $41,700 $164,100
2020 $2,901 $184,200 $39,600 $144,600
2019 $2,836 $171,900 $37,700 $134,200
2018 $2,634 $147,800 $36,100 $111,700
2017 $2,608 $125,400 $34,800 $90,600
2016 $2,500 $116,600 $32,800 $83,800
2015 $2,462 $111,200 $29,600 $81,600
2014 $2,260 $104,300 $24,600 $79,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Johnson

    Berkshire Hathaway HomeServices Signature Properties

  • F

    Buyer's Agent in 2018

    Frank Bardell

    Weichert Realtors-Holmdel

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21813612

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01402-0000-00008

New Jersey Monmouth County Asbury Park 07712

1222 1/2 Monroe Ave, Asbury Park, NJ

This home is located at 1222 1/2 Monroe Ave, Asbury Park, NJ 07712 since 12 April 2018 and is currently estimated at $470,238, approximately $329 per square foot. This property was built in 1935. 1222 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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