1404 4th Ave Asbury Park, NJ 07712
4
Beds
2
Baths
1,868
Sq Ft
4,356
Sq Ft Lot
Highlights
- 1 Fireplace
- 2 Car Garage
- 1-Story Property
- Multiple cooling system units
- Heating System Uses Steam
About This Home
As of July 2024Great Investment Opportunity- with this unique, two family home in a quiet, tree lined section of 4th Avenue. Reside in one home, while you rent the other home for short term or annual rentals.This mutli-family property has two charming homes sitting on a 114 x 41 lot. The front home is a craftsmen style bungalow that features a sunroom, 2 bedrooms, renovated bathroom, living room with fireplace, dining room, kitchen, sunroom, full basement and an outdoor shower. You enter the home through a relaxing front sunroom, into the living room which features a stone wood burning fireplace, then enter the dining room and the rear kitchen with pantry. There are colorful, classic craftsmen style architectural design features found throughout this home. The primary bedroom is spacious and features vaulted ceilings The bathroom is recently renovated and has a white ceramic tiled shower and a marble top vanity that captures the style of the home. The rear home is a large 2 story carriage home with a relaxing front porch, a large 2 car garage, 2 bedrooms, 1 bathroom, kitchen, dining area ,full basement and a driveway that can fit at least 4 cars to accomodate, both homes for off street parking. The landscape is mature with perennial bushes and flowers with a sprinkler system.Make this quiet oasis your beach home today, while earning rental income from the other home. Enjoy all that Asbury Park has to offer. This home is a quick ride to the downtown entertainment area with restaurants, bars and shopping, and a 5 minute bike ride to the historic boardwalk and beach. Furniture can be included at a seperate negotiated price.
Last Agent to Sell the Property
Compass New Jersey LLC License #1862980 Listed on: 03/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,441
Year Built
- Built in 1915
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40 x 112
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,868 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Bangs Avenue Elementary School
- Martin Luther King Jr. Middle School
- Asbury Park High School
Utilities
- Multiple cooling system units
- Heating System Uses Oil Above Ground
- Radiant Heating System
- Heating System Uses Steam
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 04-02106-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2024
Closed on
Sep 3, 2024
Sold by
Valenti Michael V
Bought by
Marbok Llc
Seller's Agent
Robert Lobiondo
Compass New Jersey LLC
Buyer's Agent
Claudia Ryan
Corcoran Sawyer Smith
List Price
$849,000
Sold Price
$812,546
Premium/Discount to List
-$36,454
-4.29%
Total Days on Market
24
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,750
Avg. Annual Appreciation
1.50%
Purchase Details
Closed on
May 10, 2010
Sold by
Bartels Peter J
Bought by
Valenti Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,533
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 13, 2004
Sold by
Mastroly Jeffrey
Bought by
Bartels Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.02%
Purchase Details
Closed on
Mar 28, 2001
Sold by
Marando Lynne
Bought by
Mastroly Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
6.97%
Similar Homes in Asbury Park, NJ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $812,546 | Chicago Title | |
| Bargain Sale Deed | $357,000 | Old Republic National Title | |
| Deed | $385,000 | -- | |
| Deed | $172,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $316,000 | New Conventional | |
| Previous Owner | $334,350 | FHA | |
| Previous Owner | $341,253 | FHA | |
| Previous Owner | $350,533 | FHA | |
| Previous Owner | $388,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $12,000 | Credit Line Revolving | |
| Previous Owner | $46,905 | Credit Line Revolving | |
| Previous Owner | $285,000 | No Value Available | |
| Previous Owner | $153,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2024 07/16/24 | Sold | $812,546 | -4.3% | $435 / Sq Ft |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 03/24/2024 03/24/24 | For Sale | $849,000 | 0.0% | $454 / Sq Ft |
| 03/18/2024 03/18/24 | Off Market | $849,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $9,441 | $657,300 | $334,100 | $323,200 |
| 2023 | $9,441 | $610,700 | $274,200 | $336,500 |
| 2022 | $7,238 | $534,300 | $228,500 | $305,800 |
| 2021 | $7,238 | $458,100 | $207,800 | $250,300 |
| 2020 | $6,798 | $431,600 | $197,500 | $234,100 |
| 2019 | $6,552 | $397,100 | $188,000 | $209,100 |
| 2018 | $6,271 | $351,900 | $166,600 | $185,300 |
| 2017 | $7,503 | $360,700 | $157,400 | $203,300 |
| 2016 | $7,598 | $354,400 | $157,400 | $197,000 |
| 2015 | $7,621 | $344,200 | $152,400 | $191,800 |
| 2014 | $7,086 | $327,000 | $199,900 | $127,100 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Lobiondo
Seller's Agent in 2024
Robert Lobiondo
Compass New Jersey LLC
(732) 890-9712
24 in this area
32 Total Sales
-
Adam Hignite
Seller Co-Listing Agent in 2024
Adam Hignite
Compass New Jersey LLC
(917) 549-8675
21 in this area
28 Total Sales
-
Claudia Ryan
Buyer's Agent in 2024
Claudia Ryan
Corcoran Sawyer Smith
(908) 227-6084
3 in this area
54 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22407345
APN: 04-02106-0000-00003
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