$900,000
SOLD JUN 28, 2024

45 Borden Ave Asbury Park, NJ 07712

6 Beds
6 Baths
3,200 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$281 Per Sq Ft

22% Below List Price

95 Days on Market

Highlights

  • New Construction
  • Forced Air Zoned Heating and Cooling System
  • 3-minute walk to Springwood Park

About This Home

As of June 2024

*up to $20k closing credit if financed through builders bank. 2-family, NEW CONSTRUCTION in the historic Asbury Park, NJ. Veterans are encouraged as sellers will cover 100% of closing costs if the Veteran is VA-approved and meets financing qualifications. There is a ten-year home warranty with a 50 x 150 deep lot. The property combined two lots as part of the redevelopment . Seller financing is available, and buyers must be approved.There are too many upgrades to list: Granite countertops, custom kitchen cabinets & custom bathroom vanities. Paver driveway/walkway and seeded lawn.

Last Agent to Sell the Property

Amber Marchese

Critelli Realtors License #1758498 Listed on: 03/02/2024

Critelli Realtors

Last Buyer's Agent

Amber Marchese

C21/ Solid Gold Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,898

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Duplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Schools

  • Asbury Park Middle School
  • Asbury Park High School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,898

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: Yes
  • Year Built: 2024
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x150
  • Location Middle School: Asbury Park
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50x150
  • Parcel #: 00000000000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Puga Oscar M
Bought by
Pennycooke Owano M
Total Days on Market
95
Current Estimated Value
$920,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,905
Outstanding Balance
$980,062
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$59,296

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jun 27, 2024
Sold by
Veteran Relocation Project Llc
Bought by
Puga Oscar M
Seller's Agent
Amber Marchese
Critelli Realtors
Buyer's Agent
Amber Marchese
Critelli Realtors
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$900,000
Interest Rate
7.02%
Mortgage Type
VA

Purchase Details

Closed on
Mar 13, 2023
Sold by
Veteran Relocation Project Llc
Bought by
Veteran Relocation Project Llc

Purchase Details

Closed on
Aug 6, 2022
Sold by
City Of Asbury Park
Bought by
Veteran Relocation Project Llc
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 Type Sale Price Title Company
Deed $999,000 Allstates Title
Deed $999,000 Allstates Title
Deed $900,000 Allstates Title
Deed -- Trident Abstract Title
Bargain Sale Deed $31,000 Trident Abstract Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,905 New Conventional
Closed $980,905 New Conventional
Previous Owner $900,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $900,000 -4.8% $281 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $945,000 -5.5% $295 / Sq Ft
03/08/2024 03/08/24 Price Changed $999,999 -13.0% $312 / Sq Ft
03/02/2024 03/02/24 For Sale $1,150,000 -- $359 / 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 $1,898 $120,000 $120,000 $0
2023 $0 $48,800 $48,800 $0
2022 $0 $32,600 $32,600 $0
2021 $345 $31,600 $31,600 $0
2020 $0 $30,000 $30,000 $0
2019 $345 $28,600 $28,600 $0
2018 $0 $27,400 $27,400 $0
2017 $0 $17,100 $17,100 $0
2016 $345 $16,100 $16,100 $0
2015 -- $15,000 $15,000 $0
2014 -- $12,500 $12,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22405193

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00903-0000-00009