$619,964 - $640,000
RENTED FEB 28, 2025

1227 Monroe Ave Unit 2 Asbury Park, NJ 07712

3 Beds
1 Bath
1,126 Sq Ft
$562 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of February 2025

Spacious 3 bedroom annual rental. Unit is nice and bright, has hardwood floors, stainless appliances, newer kitchen and bathroom. Tenants may also park in driveway. No pets, no smoking.

Last Agent to Rent the Property

Brian Johnson

Sackman Realty License #1537239 Listed on: 10/25/2024

Sackman Realty

Last Renter's Agent

Brian Johnson

Sackman Realty License #1537239 Listed on: 10/25/2024

Sackman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,633

Year Built

  • Built in 1921

Lot Details

  • 6,142

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $4,125
  • Property Available on 2/15/25
  • Exclusions: Tenant's belongings
  • Assessor Parcel Number 04-01504-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,633

Year Built

Built in 1921

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-02-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Year Built: 1921
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Cooling None12: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2025-02-15
  • Maintenance Fees Security Deposit3: 4125.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Floor - Ceramic10: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenant's belongings

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 04-01504-0000-00013

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Jlv Rentals Llc
Bought by
1227 Monroe Ave Llc
Current Estimated Value
$633,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$474,622
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$158,619

Purchase Details

Closed on
Aug 24, 2018
Sold by
Villa William
Bought by
Jlv Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2017
Sold by
Appleseed Llc
Bought by
Villa William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Appleseed Llc

Purchase Details

Closed on
May 17, 2012
Sold by
Mimran Emile and Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2005
Sold by
One Thousand Two Hundred Twent
Bought by
Mimran Emile and Mugrabi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2002
Sold by
Jones Henry
Bought by
Liscio Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 1999
Sold by
Nubil Abdellah
Bought by
Jones Henry and Jones Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,036
Interest Rate
6.7%
Mortgage Type
Commercial
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
1227 Monroe Ave Llc $635,000 Westcor Land Title
1227 Monroe Ave Llc $635,000 Westcor Land Title
Jlv Rentals Llc -- None Available
Villa William $199,900 Rms Title Services Llc
Appleseed Llc -- None Available
Federal National Mortgage Association -- None Available
Mimran Emile -- --
Liscio Michael $175,000 --
Jones Henry $6,514 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1227 Monroe Ave Llc $476,250
Closed 1227 Monroe Ave Llc $476,250
Previous Owner Jlv Rentals Llc $181,500
Previous Owner Villa William $160,000
Previous Owner Mimran Emile $284,000
Previous Owner Liscio Michael $157,500
Previous Owner Jones Henry $83,036
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Rented $30,600 +1012.7% --
01/21/2025 01/21/25 Under Contract -- -- --
10/25/2024 10/25/24 For Rent $2,750 -90.0% --
03/24/2023 03/24/23 Rented $27,600 +1100.0% --
01/23/2023 01/23/23 Price Changed $2,300 -8.0% $2 / Sq Ft
12/14/2022 12/14/22 For Rent $2,500 -89.3% --
04/30/2015 04/30/15 Rented $23,460 -- --
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 $7,633 $488,800 $142,200 $346,600
2024 $6,969 $482,500 $128,600 $353,900
2023 $6,969 $450,800 $82,800 $368,000
2022 $5,231 $389,700 $55,200 $334,500
2021 $5,231 $331,100 $53,600 $277,500
2020 $4,443 $282,100 $51,500 $230,600
2019 $3,899 $236,300 $49,000 $187,300
2018 $3,603 $202,200 $46,400 $155,800
2017 $3,415 $164,200 $44,200 $120,000
2016 $3,282 $153,100 $42,200 $110,900
2015 $3,255 $147,000 $39,000 $108,000
2014 $3,042 $140,400 $34,000 $106,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22430971

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01504-0000-00013