NOT LISTED FOR SALE

1340 Locust Dr Asbury Park, NJ 07712

Estimated Value: $717,000 - $766,265

4 Beds
1.5 Baths
1,761 Sq Ft
$416/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $700,000 $398 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,811/month

15 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Corner Lot
  • Lake On Lot
  • Wood Flooring
  • No HOA

About This Home

As of August 2024

A fantastic opportunity awaits. Whether you're drawn to restoring the existing home and preserving its unique charm or starting from scratch to design your dream home on the corner lot with partial lake views, the possibilities are indeed thrilling. Having all the necessary permits, variances, and town approvals already secured is a significant advantage, making the process smoother and more efficient. The fact that architectural plans are completed and approvals for a driveway and pool are in place adds even more convenience and peace of mind. Property is free and clear of oil tanks. This property offers the perfect canvas to create something truly exceptional in one of Asbury Park's most sought-after neighborhoods.

Last Agent to Sell the Property

Deana Kreher

RE/MAX Gateway License #1542309 Listed on: 06/27/2024

RE/MAX Gateway

Last Buyer's Agent

Sonja O'Brien

O'Brien Realty, LLC License #9592556

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,593

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 63 x 103
  • Lake Front
  • Fenced
  • Corner Lot

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,761 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Water Views
  • Gas Cooktop
  • Unfinished Basement

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake On Lot

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-02104-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,593

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: AC Units, Washer, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Cement
  • Year Built: 1930
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 63 x 103
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Cooling None12: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Type Lake: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 63 x 103
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 04-02104-0000-00001
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9593.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 15, 2024
Sold by
1340 Locust Drive Llc
Bought by
Minzner Daniel and Minzner Louisean
Seller's Agent
Deana Kreher
RE/MAX Gateway
Buyer's Agent
Sonja O'Brien
O'Brien Realty, LLC
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
15
Current Estimated Value
$732,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,566
Avg. Annual Appreciation
4.11%

Purchase Details

Listed on
Sep 26, 2023
Closed on
Dec 19, 2023
Sold by
Bryant Calista G
Bought by
1340 Locust Drive Llc
Seller's Agent
Connie Maynard
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Deana Kreher
RE/MAX Gateway
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.60%
Original Mortgage
$525,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2020
Sold by
Norris David B and Rills Gregory J
Bought by
Koscuiszka Kelly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Minzner Daniel $700,000 Fidelity National Title
Minzner Daniel $700,000 Fidelity National Title
1340 Locust Drive Llc $455,000 None Listed On Document
1340 Locust Drive Llc $455,000 None Listed On Document
Koscuiszka Kelly Ann $799,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1340 Locust Drive Llc $525,000
Previous Owner Koscuiszka Kelly Ann $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $700,000 -6.7% $398 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $750,000 +64.8% $426 / Sq Ft
11/15/2023 11/15/23 Sold $455,000 -8.8% $258 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $499,000 0.0% $283 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $499,000 -- $283 / 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 $11,129 $640,600 $540,600 $100,000
2024 $9,593 $703,500 $466,300 $237,200
2023 $9,593 $620,500 $345,700 $274,800
2022 $7,027 $537,700 $288,000 $249,700
2021 $7,027 $488,800 $261,900 $226,900
2020 $7,273 $461,800 $249,700 $212,100
2019 $6,882 $417,100 $237,800 $179,300
2018 $6,686 $375,200 $216,200 $159,000
2017 $6,893 $331,400 $188,000 $143,400
2016 $7,116 $331,900 $193,000 $138,900
2015 $6,797 $307,000 $171,700 $135,300
2014 $6,830 $315,200 $225,600 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22418124

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02104-0000-00001