NOT LISTED FOR SALE

1257 Washington Ave Asbury Park, NJ 07712

Estimated Value: $385,000 - $523,000

4 Beds
2 Baths
1,960 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $320,000 $163 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,033/month

21 Days on Market

About This Home

As of September 2023

''Fantastic investment opportunity in Asbury Park! This well-maintained 2-family home offers great rental potential and is just minutes away from the beach and downtown attractions.''

Last Agent to Sell the Property

Yosef Mordechai Bender

Imperial Real Estate Agency Listed on: 06/20/2023

Imperial Real Estate Agency

Last Buyer's Agent

Victor Alhalabi

C21/ Solid Gold Realty License #2080971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,889

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35 x 100

Home Design

  • 1,960 Sq Ft Home
  • Duplex

Schools

  • Barack Obama Elementary School
  • Martin Luther King Jr. Middle School
  • Asbury Park High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 04-01301-0000-00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,889

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • General Property Info Lot Dimensions: 35 x 100
  • Location Middle School: Martin Luther King Jr. Middle School
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • BasementOther: Yes

Exterior Features

  • Acres: 0.08
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr. Middle School

Lot Info

  • Lot Dimensions: 35 x 100
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-01301-0000-00031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4889.0
  • Tax Other Annual Assessment Amount: 314000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Barack Obama Elementary
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
H & A Group Realty Llc
Bought by
1257 Washington Ave Llc
Current Estimated Value
$475,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$490,035
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
-$14,485

Purchase Details

Closed on
Sep 10, 2015
Sold by
Rosa Realty Llc
Bought by
Sivan Realty Llc

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 28, 2014
Sold by
Wells Fargo Bank Na
Bought by
Rosa Realty Llc
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay - Toms River
Buyer's Agent
John Glancy
RE/MAX at Barnegat Bay - Toms River
List Price
$44,900
Sold Price
$50,201
Premium/Discount to List
$5,301
11.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%

Purchase Details

Closed on
Apr 18, 2007
Sold by
Ades Ellen
Bought by
Dibiase Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
6.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 30, 2004
Sold by
Calvo Norman
Bought by
Ades Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.03%

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bacon Horace
Bought by
Calvo Norman and Calvo Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.53%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Hud
Bought by
Bacon Horace
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
1257 Washington Ave Llc -- Kings Title
1257 Washington Ave Llc -- Kings Title
Sivan Realty Llc -- Attorney
Rosa Realty Llc $50,201 Servicelink
Dibiase Joseph $294,000 Title Trust Llc
Ades Ellen $225,000 --
Calvo Norman $65,000 --
Bacon Horace $31,525 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1257 Washington Ave Llc $495,000
Closed 1257 Washington Ave Llc $495,000
Previous Owner Dibiase Joseph $235,200
Previous Owner Ades Ellen $180,000
Previous Owner Calvo Norman $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2023 09/25/23 Sold $320,000 -3.0% $163 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $330,000 0.0% $168 / Sq Ft
03/03/2015 03/03/15 Rented $13,200 0.0% --
06/03/2014 06/03/14 Sold $50,201 +11.8% $50,201 / Sq Ft View Prior Sale
05/23/2014 05/23/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $44,900 -- $44,900 / 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
2025 $6,235 $400,600 $123,600 $277,000
2024 $5,631 $394,100 $111,200 $282,900
2023 $5,631 $364,200 $70,000 $294,200
2022 $4,220 $314,000 $46,700 $267,300
2021 $4,220 $267,100 $45,300 $221,800
2020 $3,583 $227,500 $43,200 $184,300
2019 $3,150 $190,900 $41,200 $149,700
2018 $2,921 $163,900 $39,300 $124,600
2017 $3,066 $147,400 $37,700 $109,700
2016 $2,942 $137,200 $35,700 $101,500
2015 $2,909 $131,400 $32,500 $98,900
2014 $2,709 $125,000 $27,500 $97,500
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2023

    Yosef Mordechai Bender

    Imperial Real Estate Agency

    Section Image
  • Victor Alhalabi

    Buyer's Agent in 2023

    Victor Alhalabi

    C21/ Solid Gold Realty

    (917) 642-7364

    7 in this area

    26 Total Sales

    Victor Alhalabi
    Section Image
  • Esther Ashkenazi

    Seller's Agent in 2015

    Esther Ashkenazi

    Town & Country Real Estate Consultants

    (732) 531-1114

    62 Total Sales

    Esther Ashkenazi
    Section Image
  • John Glancy

    Seller's Agent in 2014

    John Glancy

    RE/MAX

    (732) 914-0074

    65 Total Sales

    John Glancy
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22316772

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01301-0000-00031

New Jersey Monmouth County Asbury Park 07712

1257 Washington Ave, Asbury Park, NJ

This home is located at 1257 Washington Ave, Asbury Park, NJ 07712 since 20 June 2023 and is currently estimated at $475,550, approximately $242 per square foot. This property was built in 1930. 1257 Washington 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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