NOT LISTED FOR SALE

1531 Bangs Ave Asbury Park, NJ 07712

Estimated Value: $576,000 - $704,452

3 Beds
2 Baths
2,416 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $140,000 $58 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $3,995/month

62 Days on Market

Highlights

  • Wood Flooring
  • Fenced
  • Level Lot
  • Zoned Heating

About This Home

As of April 2015

OWNER'S SAY SELL!! Bring an offer. Investment Opportunity @ $2250 monthly rent roll. Tenants pay all utilities except sewer. All tenants pay out-of-pocket. Units are located side-by-side (duplex) and are very spacious with high ceilings. Unit 1 has hardwood floors & Unit 2 is outfitted with wall-to-wall carpet. This investment includes a deep rear yard with parking area, walkout basements, new roof, newer sewers and front porch renovations.

Last Agent to Sell the Property

Connie King

Weichert Realtors-Ocean Listed on: 01/15/2015

Last Buyer's Agent

John Hazelet

Realty One Group Emerge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 49 x 110
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Bangs Avenue Elementary School
  • Asbury Park Middle School
  • Asbury Park High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for yard maintenance, water, snow removal, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 04-01404-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,541

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • New Construction: No
  • Year Built: 1930
  • 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: 49 x 110
  • Location Middle School: Asbury Park
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Siding Stucco - Cement: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: N/A
  • Construction Type: Stucco
  • Exterior Features: Fence, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

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

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 49 x 110
  • Parcel #: 04-01404-0000-00005
  • Zoning Description: Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3541.0
  • Tax Other Annual Assessment Amount: 163400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bangs Avenue
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 26, 2015
Sold by
Conklin Brian R
Bought by
Conklin Brian R
Seller's Agent
Connie King
Weichert Realtors-Ocean
Buyer's Agent
John Hazelet
Realty One Group Emerge
Sold Price
$140,000
Current Estimated Value
$621,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,695
Avg. Annual Appreciation
15.67%

Purchase Details

Listed on
Jan 15, 2015
Closed on
Apr 24, 2015
Sold by
Taylor Qzeena S
Bought by
Conklin Brian R
Seller's Agent
Connie King
Weichert Realtors-Ocean
Buyer's Agent
John Hazelet
Realty One Group Emerge
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2011
Sold by
New Jersey Acquisitions Llc
Bought by
Vega John D and Vega Jane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2011
Sold by
New Jersey Acquisitions Llc
Bought by
Taylor Qzeena S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2011
Sold by
Kinder Capital Limited Partnership
Bought by
New Jersey Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Conklin Brian R -- None Available
Conklin Brian R $130,000 Attorney
Vega John D $100,000 Multiple
Taylor Qzeena S $112,000 Multiple
New Jersey Acquisitions Llc $65,000 Trident
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conklin Brian R $165,000
Closed Conklin Brian R $97,500
Previous Owner Taylor Qzeena S $84,000
Previous Owner New Jersey Acquisitions Llc $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $140,000 -- $58 / 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
2024 $7,090 $484,500 $125,000 $359,500
2023 $7,090 $458,600 $84,700 $373,900
2022 $5,320 $396,200 $56,400 $339,800
2021 $5,320 $336,700 $54,800 $281,900
2020 $4,519 $286,900 $52,700 $234,200
2019 $3,968 $240,500 $50,200 $190,300
2018 $3,667 $205,800 $47,500 $158,300
2017 $3,105 $149,300 $45,200 $104,100
2016 $3,381 $157,700 $43,200 $114,500
2015 $3,766 $170,100 $40,000 $130,100
2014 $3,541 $163,400 $35,000 $128,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Connie King

    Weichert Realtors-Ocean

  • J

    Buyer's Agent in 2015

    John Hazelet

    Realty One Group Emerge

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21452450

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01404-0000-00005

New Jersey Monmouth County Asbury Park 07712

1531 Bangs Ave, Asbury Park, NJ

This home is located at 1531 Bangs Ave, Asbury Park, NJ 07712 since 15 January 2015 and is currently estimated at $625,363, approximately $258 per square foot. This property was built in 1930. 1531 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.

Nearby Homes