NOT LISTED FOR SALE

221 1st Ave Asbury Park, NJ 07712

Estimated Value: $873,000 - $1,111,000

3 Beds
2 Baths
1,376 Sq Ft
$732/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $410,000 $298 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $6,482/month

27 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Natural Gas
  • 4-minute walk to Library Square Park
  • 1 Fireplace

About This Home

As of July 2015

Ocean View. If you are looking for location & curb appeal this is it. Probably the closest house to the beach & boardwalk in Asbury Park. Dutch Colonial home offers two one bedroom apartments, hardwood floors, wood burning fireplace, built in cabinetry & enclosed sun porch. Live in one unit rent out the other. Home could easily be brought back to a single family home with three to four bedrooms.

Last Agent to Sell the Property

Deborah Collins

Berkshire Hathaway HomeServices Vail Coastal Properties Listed on: 04/23/2015

Co-Listed By

Paul X Vail

Vail Realty License #0232464

Last Buyer's Agent

Kenneth Rickel

Vail Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,824

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 29 x 86

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Schools

  • Asbury Park Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 04-03901-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,824

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 2558
  • Co List Office Phone: 732-201-2255
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 29 x 86
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Unit 1 Washer2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Fireplaces: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

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: 29 x 86
  • Parcel #: 04-03901-0000-00013
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: See Remarks

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8824.0
  • Tax Other Annual Assessment Amount: 407200.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Singh Ranjit K and Estate Of Mohinder Slngh
Bought by
Singh Rnanjit K
Current Estimated Value
$1,006,918

Purchase Details

Closed on
Apr 1, 2021
Sold by
Singh Mohinder
Bought by
Singh Ranjit K

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 29, 2015
Sold by
Hurtado Bradley Allen and Hingston Sean Marrtin
Bought by
Rome Roland J and Mcentee Elizabeth A
Seller's Agent
Deborah Collins
Berkshire Hathaway HomeServices Vail Coastal Properties
Buyer's Agent
Kenneth Rickel
Vail Realty
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$287,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Devito Michael
Bought by
Thomas Darcey and Darcey Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,160
Interest Rate
7.08%

Purchase Details

Closed on
Oct 17, 2000
Sold by
Mathis Harold
Bought by
Devito Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Singh Rnanjit K -- None Available
Singh Ranjit K -- None Listed On Document
Rome Roland J $410,000 Elite Title Group Llc
Thomas Darcey $135,250 --
Devito Michael $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rome Roland J $287,000
Previous Owner Thomas Darcey $108,160
Previous Owner Devito Michael $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $410,000 -- $298 / 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
2025 $13,725 $919,800 $666,400 $253,400
2024 $12,533 $867,600 $608,800 $258,800
2023 $12,533 $810,700 $540,400 $270,300
2022 $9,305 $696,000 $450,300 $245,700
2021 $9,305 $589,100 $409,400 $179,700
2020 $8,540 $542,200 $384,400 $157,800
2019 $8,478 $513,800 $366,100 $147,700
2018 $8,297 $465,600 $323,900 $141,700
2017 $8,403 $404,000 $271,800 $132,200
2016 $8,205 $382,700 $271,800 $110,900
2015 $8,821 $398,400 $271,800 $126,600
2014 $8,824 $407,200 $346,800 $60,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21515191

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03901-0000-00013