NOT LISTED FOR SALE

1411 Bangs Ave Asbury Park, NJ 07712

Estimated Value: $479,000 - $609,000

5 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $295,000

Est. 85% increase in value since last sale

Current estimated payment $3,598/month

65 Days on Market

Highlights

  • Attic
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of December 2020

CALLING ALL INVESTORS!!! Two houses on a large corner property in red hot Asbury Park. Tenants pay... gas, electric & water. They are responsible for lawn maintenance & snow removal. Main house has 4 bedrooms & 2 full baths & back house has 1 bedroom, living room & 1 full bath. Location is close to shopping, schools, restaurants & beach. **PLEASE NOTE**....''AS IS SALE'' ALL inspections & certificate of occupancy is buyers responsibility.

Last Agent to Sell the Property

Toni Siragusa

Keller Williams Realty West Monmouth License #0894796 Listed on: 08/15/2020

Keller Williams Realty West Monmouth

Last Buyer's Agent

Victoria Imperiale

C21/ Mack Morris Iris Lurie License #1867321

C21/ Mack Morris Iris Lurie

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 1905

Lot Details

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

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tenant pays for yard maintenance, water, snow removal, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 04-01304-0000-00001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,688
  • Water Sewer Expense $1,055
  • Gross Income $33,600
  • Net Operating Income $25,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,249

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1905
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 110
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 2688.0
  • Income Expenses WaterSewer Expense: 1055.0
  • Income Expenses Gross Income2: 33600.0
  • Income Expenses Net Income: 25608.0
  • Unit 1 Gas Stove: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Exclusions: Tenants personal property
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: On Street
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 1055.0

Lot Info

  • Lot Dimensions: 50 x 110
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-01304-0000-00001
  • Zoning Description: Neighborhood, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4249.0
  • Tax Other Annual Assessment Amount: 304900.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Insurance Expense: 2688.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Dec 9, 2020
Sold by
Bosco Gaetana and The Gaetana Bosco Living Trust
Bought by
Haddow James
Seller's Agent
Toni Siragusa
Keller Williams Realty West Monmouth
Buyer's Agent
Victoria Imperiale
C21/ Mack Morris Iris Lurie
List Price
$339,999
Sold Price
$295,000
Premium/Discount to List
-$44,999
-13.24%
Current Estimated Value
$546,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,096
Avg. Annual Appreciation
14.08%
Original Mortgage
$221,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Bosco Gaetana
Bought by
Bosco Gaetana

Purchase Details

Closed on
Apr 3, 2003
Sold by
Marcelus Jean
Bought by
Bosco Aetana
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
Haddow James $295,000 Bravo Title Agency
Haddow James $295,000 New Title Company Name
Bosco Gaetana -- None Available
Bosco Aetana $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haddow James B $285,000
Closed Haddow James $221,250
Previous Owner Bosco Gaetana $70,000
Previous Owner Bosco Gaetana $172,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $295,000 -9.2% --
10/20/2020 10/20/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $325,000 -4.4% --
08/15/2020 08/15/20 For Sale $339,999 -- --
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 $7,757 $496,100 $140,100 $356,000
2024 $7,194 $490,300 $126,700 $363,600
2023 $7,194 $465,300 $86,700 $378,600
2022 $4,175 $401,900 $57,800 $344,100
2021 $4,175 $340,200 $56,100 $284,100
2020 $4,802 $304,900 $54,000 $250,900
2019 $4,249 $257,500 $51,500 $206,000
2018 $3,951 $221,700 $48,600 $173,100
2017 $3,759 $180,700 $46,300 $134,400
2016 $3,611 $168,400 $44,300 $124,100
2015 $3,584 $161,900 $41,000 $120,900
2014 $3,361 $155,100 $36,000 $119,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Toni Siragusa

    Keller Williams Realty West Monmouth

    (917) 418-1320

    1 in this area

    12 Total Sales

    Toni Siragusa
    Section Image

  • V

    Buyer's Agent in 2020

    Victoria Imperiale

    C21/ Mack Morris Iris Lurie

    (908) 902-2754

    3 in this area

    27 Total Sales

    Victoria Imperiale
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22028576

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01304-0000-00001

New Jersey Monmouth County Asbury Park 07712

1411 Bangs Ave, Asbury Park, NJ

This home is located at 1411 Bangs Ave, Asbury Park, NJ 07712 since 15 August 2020 and is currently estimated at $546,096. This property was built in 1905. 1411 Bangs 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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