NOT LISTED FOR SALE

1232 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $656,000 - $726,000

6 Beds
2 Baths
2,128 Sq Ft
$324/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $75,000 $35 Per Sq Ft

Est. 820% increase in value since last sale

Current estimated payment $4,267/month

About This Home

As of February 2017

Be the 1st to see this 2 family home with lots of potential to either live in one unit and rent the 2nd or for an investor that wants the rental income. Income potential can be $2600.

Last Agent to Sell the Property

Richard Shirvanian

EXIT Realty East Coast Shirvanian License #9331863 Listed on: 01/19/2017

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Bangs Avenue Elementary School
  • Asbury Park Middle School
  • Asbury Park High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 04-01402-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,495

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: See Remarks, Other
  • New Construction: No
  • Year Built: 1975
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Personal property

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-01402-0000-00002
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3495.0
  • Tax Other Annual Assessment Amount: 163000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bangs Avenue
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2018
Sold by
Salamon Abraham
Bought by
Lipschutz Yehuda
Current Estimated Value
$689,876

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jan 23, 2017
Sold by
Us Bank National Association
Bought by
Salamon Abraham
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.79%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Turchin Raymond L and Turchin Florette
Bought by
Yes Mortgage Commercial Lending Llc

Purchase Details

Closed on
May 10, 2006
Sold by
Modular Development I
Bought by
Turchin Raymond L and Turchin Florette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.25%
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
Lipschutz Yehuda $78,750 --
Salamon Abraham $78,750 None Available
Yes Mortgage Commercial Lending Llc -- None Available
Turchin Raymond L $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipschutz Yehuda $238,000
Closed Lipscmutz Yehuda $185,500
Previous Owner Turchin Raymond L $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $75,000 -- $35 / 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 $6,110 $432,600 $138,100 $294,500
2023 $6,110 $395,200 $93,100 $302,100
2022 $4,555 $336,600 $62,100 $274,500
2021 $4,555 $288,300 $60,200 $228,100
2020 $3,906 $248,000 $58,100 $189,900
2019 $3,670 $222,400 $55,400 $167,000
2018 $3,373 $189,300 $52,200 $137,100
2017 $3,603 $173,200 $49,500 $123,700
2016 $3,495 $163,000 $47,500 $115,500
2015 $3,472 $156,800 $44,300 $112,500
2014 $3,259 $150,400 $39,300 $111,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Richard Shirvanian

    EXIT Realty East Coast Shirvanian

    (732) 768-3544

    17 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2017

    NON MEMBER MORR

    NON MEMBER

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21702218

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01402-0000-00002

New Jersey Monmouth County Asbury Park 07712

1232 Monroe Ave, Asbury Park, NJ

This home is located at 1232 Monroe Ave, Asbury Park, NJ 07712 since 19 January 2017 and is currently estimated at $689,876, approximately $324 per square foot. This property was built in 1975. 1232 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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