$1,350,000
OPEN SUN 1PM - 3PM

1702 Grand Ave Asbury Park, NJ 07712

Estimated payment $8,918/month

4 Beds
4 Baths
3,600 Sq Ft
$375 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Zoned Heating and Cooling

About This Home

Beautiful and spacious three family home in a highly desirable walkable location, just steps from the beach, boardwalk, and Deal Lake. This well maintained and professionally managed property features two large one bedroom one bathroom apartments and one oversized two bedroom two bathroom unit, offering excellent rental income potential. The home includes a long driveway, a detached garage, and ample outdoor space, providing convenience and flexibility for tenants or an owner occupant. With its close proximity to local beaches, waterfront attractions, restaurants, and vibrant shore amenities, this property is a prime investment opportunity in one of the most sought after coastal communities. Great as an investment property, or live in one unit and rent out the others.

Listing Agent

Josh Starner

Sackman Realty License #2191038 Listed on: 12/03/2025

Sackman Realty

Co-Listing Agent

William McClellan

Sackman Realty License #0234203

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,044

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Asbury Park High School

Utilities

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

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • The owner pays for grounds care, water, snow removal, sewer, garbage removal
  • Assessor Parcel Number 04-03704-0000-00006

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $100
  • Insurance Expense $5,437
  • Water Sewer Expense $2,240
  • Gross Income $86,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,044

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Co List Office Mls Id: 3798
  • Co List Office Phone: 732-798-8188
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1950
  • Contract Info List PriceSqFt: 375.0
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingBrick: Yes
  • Water Heater Tank: Yes
  • General Property Info # Parking Spaces: 3.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Electric Expense: 100.0
  • Income Expenses Insurance Expense: 5437.0
  • Income Expenses WaterSewer Expense: 2240.0
  • Income Expenses Gross Income2: 86568.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Cooling Zoned: Yes
  • Special Features: OpenHouse

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Tenant's personal property
  • Construction Type: Brick

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street, On Street, Detached
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Zoned, Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 2240.0

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-03704-0000-00006
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Grounds Care, Water, Snow Removal, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 22044.0
  • Tax Other Annual Assessment Amount: 1258200.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 100.0
  • Annual Gross Income: 86568.0
  • Insurance Expense: 5437.0

MLS Schools

  • High School: Asbury Park

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $19,160 $1,258,200 $622,100 $636,100
2024 $18,224 $1,211,100 $561,600 $649,500
2023 $18,224 $1,178,800 $503,200 $675,600
2022 $15,249 $1,033,400 $419,400 $614,000
2021 $15,249 $965,100 $407,200 $557,900
2020 $13,783 $875,100 $375,700 $499,400
2019 $12,986 $787,000 $357,800 $429,200
2018 $12,437 $697,900 $317,500 $380,400
2017 $11,588 $557,100 $275,000 $282,100
2016 $11,447 $533,900 $260,000 $273,900
2015 $11,442 $516,800 $250,000 $266,800
2014 $10,330 $476,700 $300,000 $176,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Sale $1,350,000 +184.2% $375 / Sq Ft
08/19/2013 08/19/13 Sold $475,000 -- -- View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $475,000 Westcor Land Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $315,000 Commercial
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22535866

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03704-0000-00006

New Jersey Monmouth County Asbury Park 07712

1702 Grand Ave, Asbury Park, NJ

For Sale

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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Josh Starner
Listing Agent
Josh Starner
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Sackman Realty
(732) 722-5014