NOT LISTED FOR SALE

1311 Bangs Ave Asbury Park, NJ 07712

Estimated Value: $433,000 - $453,000

3 Beds
2 Baths
1,280 Sq Ft
$344/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $375,000 $293 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,771/month

37 Days on Market

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Baseboard Heating
  • Double-Wide Driveway
  • Patio
  • Fenced

About This Home

As of August 2023

2 FAMILY HOME: Don't miss the opporutnity to enhance or begin your investment portfolio. Also perfect for the buyer usnig a FHA 203k to get the repairs done, build equity and have a tenat pay a portion of your mortgage. Serene neighborhood with a playground across the street. A rare find with off street parking and a full dry basement. OFF STREET PARKING a huge bonus!

Last Agent to Sell the Property

Jon Day

Open Door Real Estate Agency LLC Listed on: 05/12/2023

Last Buyer's Agent

Jon Day

C21/ Shore Point Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Double-Wide Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: AS IS / WHERE IS
  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 04-01305-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,145

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1950
  • Contract Info List PriceSqFt: 312.5
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 110
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 2.0
  • Parking Double Wide: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Tenant Acc
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Exclusions: AS IS / WHERE IS
  • Exterior Features: Fence, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None, Double Wide
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Dimensions: 50 x 110
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-01305-0000-00002
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4145.0
  • Tax Other Annual Assessment Amount: 266200.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 11, 2023
Sold by
Asia Tyrone C
Bought by
Inzelbuch Azriel
Seller's Agent
Jon Day
Open Door Real Estate Agency LLC
Buyer's Agent
Jon Day
C21/ Shore Point Realty
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
134
Current Estimated Value
$440,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,808
Avg. Annual Appreciation
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Inzelbuch Azriel $375,000 Catic Title
Inzelbuch Azriel $375,000 Catic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $375,000 -6.3% $293 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $400,000 -- $313 / 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 $5,439 $352,700 $140,100 $212,600
2024 $4,831 $343,800 $126,700 $217,100
2023 $4,831 $312,500 $86,700 $225,800
2022 $3,621 $266,200 $57,800 $208,400
2021 $3,122 $229,200 $56,100 $173,100
2020 $3,122 $198,200 $54,000 $144,200
2019 $2,787 $168,900 $51,500 $117,400
2018 $2,609 $146,400 $48,600 $97,800
2017 $2,956 $142,100 $46,300 $95,800
2016 $2,862 $133,500 $44,300 $89,200
2015 $2,832 $127,900 $41,000 $86,900
2014 $2,613 $120,600 $36,000 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22312843

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01305-0000-00002