NOT LISTED FOR SALE

1301 2nd Ave Asbury Park, NJ 07712

Estimated Value: $740,000 - $1,019,000

4 Beds
2.5 Baths
2,132 Sq Ft
$431/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $247,500 $116 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $5,925/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Den

About This Home

As of May 2016

BANK APPROVED SHORT SALE. BANK WANTS TO CLOSE NOW on this great investment. Arts & Crafts style Colonial offers 2,132 sqft of living space, 4 bedrooms, 2.5 baths, dry walkout basement and located a large fenced-in corner lot (corner of 2nd Ave & New Street). Den with separate entrance would be great as an office or studio. Home has hardwood floors, eat-in kitchen with large pantry/mudroom adjacent to kitchen. Fantastic wraparound porch offers two paddle ceiling fans in case the ocean breeze isn't enough during the summer. Zoning office says a garage and/or driveway can be added on New Street side; please confirm with AP Zoning office. Home needs work. Short Sale. Cash offers only. The market value in Asbury Park is still going strong in this area.

Last Agent to Sell the Property

Connie King

Weichert Realtors-Ocean Listed on: 04/06/2016

Last Buyer's Agent

Michelle Vitiello

Crossroads Realty Inc-Wall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 100 x 90
  • Fenced
  • Corner Lot

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Light Fixtures
  • French Doors
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Thurgood Mar 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

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Living & Dining room ceiling fans. Den & dining AC units excluded.
  • Assessor Parcel Number 04-01802-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,776

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Fenced Area
  • Inclusions: Outdoor Lighting, Ceiling Fan(s), Light Fixtures, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic, Den, French Doors
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: 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: 100 x 90
  • General Property Info Farm: No
  • Location Middle School: Asbury Park
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior French Doors: Yes
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Kitchen Eat-In: Yes
  • Floors Tile: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 12
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Living & Dining room ceiling fans. Den & dining AC units excluded.
  • Exterior Features: Fence, Porch - Open, Storm Door(s), Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 100 x 90
  • Parcel #: 04-01802-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7776.0

MLS Schools

  • Elementary School: Thurgood Mar
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 27, 2016
Bought by
Morgan Aaron
Seller's Agent
Connie King
Weichert Realtors-Ocean
Buyer's Agent
Michelle Vitiello
Crossroads Realty Inc-Wall
Sold Price
$247,500
Current Estimated Value
$909,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,440
Avg. Annual Appreciation
14.58%
Original Mortgage
$197,500
Interest Rate
3.64%
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
Morgan Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mogan Aaron $180,700
Closed Morgan Aaron $197,500
Closed Morgan Aaron --
Closed Morgan Aaron $197,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $247,500 -- $116 / 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 $11,311 $775,000 $412,200 $362,800
2023 $11,311 $731,600 $348,900 $382,700
2022 $8,922 $621,400 $268,400 $353,000
2021 $8,922 $564,700 $244,000 $320,700
2020 $8,426 $535,000 $235,200 $299,800
2019 $7,965 $482,700 $224,000 $258,700
2018 $7,650 $429,300 $200,000 $229,300
2017 $7,232 $347,700 $176,000 $171,700
2016 $8,083 $377,000 $173,000 $204,000
2015 $7,776 $351,200 $152,500 $198,700
2014 $7,381 $340,600 $209,000 $131,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21521755

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01802-0000-00002