200 7th Ave Asbury Park, NJ 07712
Estimated payment $13,584/month
Highlights
- Water Views
- Corner Lot
- Forced Air Heating and Cooling System
- Colonial Architecture
- No HOA
- 4-minute walk to Bradley Park
About This Home
Development Opportunity! Unobstructed ocean views meet unlimited potential in this exceptional Asbury Park property. Currently configured as a fully rented 3-family home, this site offers both strong existing income and rare development upside. Located within the Asbury Waterfront Redevelopment Zone, the property allows for the construction of a multi-story structure, presenting an incredible opportunity for developers, investors, or visionary builders seeking to create a landmark project just steps from the beach. Enjoy ocean vistas, easy access to the boardwalk, and proximity to Asbury Park's thriving restaurants, nightlife, and arts scene. Whether you hold for income or develop, this property delivers unmatched potential in one of the Jersey Shore's most desirable communities.
Listing Agent
Keller Williams Realty Ocean Living License #1325180 Listed on: 10/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,606
Year Built
- Built in 1910
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 50 x 64
- Corner Lot
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 3,120 Sq Ft Home
- 3-Story Property
- Water Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- No Garage
- On-Street Parking
Schools
- Thurgood Mar Elementary School
- Martin Luther King Jr. Middle School
- Asbury Park High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 04-04201-0000-00005
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,606 | $1,131,500 | $668,300 | $463,200 |
| 2024 | $16,119 | $1,112,900 | $640,000 | $472,900 |
| 2023 | $16,119 | $1,042,600 | $550,800 | $491,800 |
| 2022 | $13,010 | $906,000 | $459,000 | $447,000 |
| 2021 | $13,010 | $823,400 | $417,300 | $406,100 |
| 2020 | $11,899 | $755,500 | $392,300 | $363,200 |
| 2019 | $11,306 | $685,200 | $373,600 | $311,600 |
| 2018 | $10,817 | $607,000 | $330,800 | $276,200 |
| 2017 | $10,496 | $504,600 | $278,000 | $226,600 |
| 2016 | $10,049 | $468,700 | $278,000 | $190,700 |
| 2015 | $10,269 | $463,800 | $278,000 | $185,800 |
| 2014 | $10,003 | $461,600 | $378,000 | $83,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Price Changed | $2,299,000 | -8.0% | $737 / Sq Ft | |
| 10/24/2025 10/24/25 | For Sale | $2,500,000 | +235.6% | $801 / Sq Ft | |
| 07/27/2016 07/27/16 | Sold | $745,000 | 0.0% | $239 / Sq Ft | View Prior Sale |
| 03/16/2016 03/16/16 | Rented | $20,400 | +23.6% | -- | |
| 05/31/2012 05/31/12 | Rented | $16,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $162,500 | -- | |
| Deed | $745,000 | Scott Title Services | |
| Deed | $340,000 | New Jersey Land Title Insura | |
| Deed | $118,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $159,556 | No Value Available | |
| Closed | -- | No Value Available | |
| Previous Owner | $765,000 | Commercial | |
| Previous Owner | $238,000 | Commercial |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22532400
APN: 04-04201-0000-00005
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