NOT LISTED FOR SALE

1225 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $533,000 - $628,000

3 Beds
1 Bath
2,296 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $277,500 $121 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,781/month

37 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2019

Great investment property,(2 and 3 bedrooms apartments) property has seperate electric meters. Property is in good condition, Owner pays $40 a month for sewer and water, gas is approximate $200 a month.

Last Agent to Sell the Property

Angelina DeBari

Jersey Shore Real Estate Group Associates LLC License #0336738 Listed on: 02/27/2019

Last Buyer's Agent

Taylor Desaye

RE/MAX The Real Estate Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,982

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 45 x 100

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: personal items!!
  • The owner pays for water, sewer
  • Assessor Parcel Number 04-0150-0000-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,982

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • 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: 45 x 100
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: personal items!!

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air, Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 45 x 100
  • Parcel #: 04-0150-0000-00012
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 106700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Apr 22, 2019
Sold by
Regina Vincent and Regina Linda
Bought by
Reyes Christopher
Seller's Agent
Angelina DeBari
Jersey Shore Real Estate Group Associates LLC
Buyer's Agent
Taylor Desaye
RE/MAX The Real Estate Leaders
Sold Price
$277,500
Current Estimated Value
$602,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,285
Avg. Annual Appreciation
13.21%
Original Mortgage
$25,517
Outstanding Balance
$22,621
Interest Rate
4.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$579,891

Purchase Details

Closed on
Apr 21, 2006
Sold by
Konigsberg Sharon
Bought by
Vincent Regina and Vincent Regina Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
7.37%
Mortgage Type
Commercial
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
Reyes Christopher $290,000 Goldfinch Title Agency Llc
Vincent Regina $291,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Christopher $25,517
Previous Owner Regina Vincent $25,517
Previous Owner Vincent Regina $232,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $277,500 -- $121 / 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 $6,982 $476,200 $118,700 $357,500
2023 $6,982 $451,600 $79,800 $371,800
2022 $5,269 $392,900 $53,200 $339,700
2021 $5,269 $333,500 $51,700 $281,800
2020 $4,470 $283,800 $49,600 $234,200
2019 $2,892 $175,300 $47,200 $128,100
2018 $2,700 $151,500 $44,800 $106,700
2017 $2,941 $141,400 $42,700 $98,700
2016 $2,809 $131,000 $40,700 $90,300
2015 $2,779 $125,500 $37,500 $88,000
2014 $2,598 $119,900 $32,500 $87,400
Source: Public Records

Agents Affiliated with this Home

  • Angelina DeBari

    Seller's Agent in 2019

    Angelina DeBari

    Jersey Shore Real Estate Group Associates LLC

    (732) 670-1268

    25 Total Sales

    Angelina DeBari
    Section Image

  • T

    Buyer's Agent in 2019

    Taylor Desaye

    RE/MAX

  • T

    Buyer's Agent in 2019

    Taylor Kovacs

    CMS Property Management LLC

    (732) 740-0622

    1 in this area

    14 Total Sales

    Taylor Kovacs
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21907826

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01504-0000-00012

New Jersey Monmouth County Asbury Park 07712

1225 Monroe Ave, Asbury Park, NJ

This home is located at 1225 Monroe Ave, Asbury Park, NJ 07712 since 27 February 2019 and is currently estimated at $602,785, approximately $262 per square foot. This property was built in 1920. 1225 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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