Seller's Agent in 2022
Michael Obertlik
Keller Williams Realty East Monmouth
(908) 216-0551
2 in this area
73 Total Sales
146 Borden Ave Asbury Park, NJ 07712
Estimated Value: $534,000 - $616,000
3
Beds
2
Baths
1,600
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Air Conditioning
- Forced Air Heating System
- 5-minute walk to Springwood Park
About This Home
As of February 2022Perfect for the investor. Great rent and can be raised significantly as well. Home is in excellent condition on two floors with a two bedroom second floor which has a 3rd bedroom space and a one bedroom with a 2nd bedroom space first floor unit. Short distance to grammar school, train station and Cookman Ave in downtown Asbury. Get this property now, as the cashflow is only going to increase. Current rents bring in $3650 and rents should be over $4000 collectively
Last Agent to Sell the Property
Keller Williams Realty East Monmouth License #1646887 Listed on: 11/17/2021
Last Buyer's Agent
Eric Pearl
Coldwell Banker Res. Brokerage
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 33 x 150
Parking
- On-Street Parking
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Air Conditioning
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: personal belongings
- The owner pays for water, sewer, gas, electricity
- Assessor Parcel Number 04-01103-0000-00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2021
Closed on
Feb 6, 2022
Sold by
Fazio James A
Bought by
Cox David
Seller's Agent
Michael Obertlik
Keller Williams Realty East Monmouth
Buyer's Agent
Eric Pearl
Coldwell Banker Res. Brokerage
List Price
$460,000
Sold Price
$455,000
Premium/Discount to List
-$5,000
-1.09%
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
$106,803
Avg. Annual Appreciation
5.67%
Original Mortgage
$392,755
Outstanding Balance
$364,703
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$197,100
Purchase Details
Listed on
Mar 5, 2021
Closed on
May 27, 2021
Sold by
Jersey Shore Dream Center Inc
Bought by
Fazio James A
Seller's Agent
Thomas DeFazio
Sackman Realty
Buyer's Agent
Michael Obertlik
Keller Williams Realty East Monmouth
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.23%
Interest Rate
2.95%
Purchase Details
Listed on
Mar 5, 2021
Closed on
May 6, 2021
Sold by
The Jersey Shore Dream Center Inc
Bought by
Fazio James A
Seller's Agent
Thomas DeFazio
Sackman Realty
Buyer's Agent
Michael Obertlik
Keller Williams Realty East Monmouth
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.95%
Purchase Details
Listed on
Apr 12, 2014
Closed on
Oct 30, 2014
Sold by
Zarelli Rod
Bought by
Jersey Shore Dream Center Inc
Seller's Agent
James McGlynn
Genesis Realty & Management
Buyer's Agent
Jeffrey Kniffin
Gloria Nilson & Co. Real Estate
Sold Price
$233,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$163,000
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2005
Sold by
Mmr Realty Inc
Bought by
Zarelli Rod
Purchase Details
Closed on
Dec 23, 1998
Sold by
Creel Patricia
Bought by
Zarelli Rod
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cox David | $455,000 | Land Title | |
| Fazio James A | $350,000 | -- | |
| Fazio James A | $350,000 | Coastal Title Agency | |
| Redacted Upon Request | $350,000 | Coastal Title Agency | |
| Jersey Shore Dream Center Inc | $233,000 | Multiple | |
| Zarelli Rod | -- | -- | |
| Zarelli Rod | $9,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cox David | $392,755 | |
| Previous Owner | Fazio James A | -- | |
| Previous Owner | Redacted Upon Request | $256,500 | |
| Previous Owner | Jersey Shore Dream Center Inc | $163,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2022 02/10/22 | Sold | $455,000 | -1.1% | $284 / Sq Ft | |
| 12/09/2021 12/09/21 | Pending | -- | -- | -- | |
| 11/17/2021 11/17/21 | For Sale | $460,000 | +31.4% | $288 / Sq Ft | |
| 05/07/2021 05/07/21 | Sold | $350,000 | -2.8% | $219 / Sq Ft | View Prior Sale |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- | |
| 03/05/2021 03/05/21 | For Sale | $360,000 | +54.5% | $225 / Sq Ft | |
| 10/31/2014 10/31/14 | Sold | $233,000 | -- | $145 / Sq Ft | View Prior Sale |
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 |
|---|---|---|---|---|
| 2025 | $5,945 | $381,500 | $117,200 | $264,300 |
| 2024 | $5,215 | $375,800 | $105,900 | $269,900 |
| 2023 | $5,215 | $337,300 | $73,600 | $263,700 |
| 2022 | $3,825 | $288,700 | $49,100 | $239,600 |
| 2021 | $2,365 | $210,200 | $47,600 | $162,600 |
| 2020 | $2,365 | $197,500 | $45,500 | $152,000 |
| 2019 | $0 | $166,800 | $43,400 | $123,400 |
| 2018 | $0 | $143,900 | $41,200 | $102,700 |
| 2017 | $0 | $116,300 | $37,500 | $78,800 |
| 2016 | $2,365 | $110,300 | $37,500 | $72,800 |
| 2015 | $2,329 | $105,200 | $34,300 | $70,900 |
| 2014 | $2,150 | $99,200 | $29,300 | $69,900 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Obertlik
-
E
Buyer's Agent in 2022
Eric Pearl
Coldwell Banker Res. Brokerage
-
T
Seller's Agent in 2021
Thomas DeFazio
Sackman Realty
-
N
Seller Co-Listing Agent in 2021
Nicole Chando
Sackman Realty
-
J
Seller's Agent in 2014
James McGlynn
Genesis Realty & Management
-
J
Buyer's Agent in 2014
Jeffrey Kniffin
BHHS Fox & Roach
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22136919
APN: 04-01103-0000-00014
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.
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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