NOT LISTED FOR SALE

512 6th Ave Asbury Park, NJ 07712

Estimated Value: $1,470,000 - $2,283,000

-- Bed
3 Baths
-- Sq Ft
5,489 Sq Ft Lot

Last Sold November 19, 2015

Last sale price $320,000

Est. 449% increase in value since last sale

Current estimated payment $10,874/month

64 Days on Market

Highlights

  • Forced Air Heating System
  • Wall to Wall Carpet
  • 4-minute walk to Fireman's Park

About This Home

As of November 2015

GREAT INVESTMENT OPPORTUNITY. UNITS HAVE SEPARATE UTILITIES. OWNER PAYS WATER AND SEWER. FEATURES OFF STREET PARKING AND ONLY THREE BLOCKS TO THE BEACH. LIVE IN ONE AND RENT THE OTHERS.ALL THREE UNITS FEATURE NEW KITCHENS AND WALL TO WALL CARPET.

Last Agent to Sell the Property

Francine Simonsen

McNeely Agency License #8135168 Listed on: 05/20/2015

Last Buyer's Agent

Kenneth Rickel

Vail Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,598

Lot Details

  • 5,489

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof

Schools

  • Thurgood Mar Elementary School
  • Asbury Park Middle School
  • Asbury Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL ITEMS
  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 04-03604-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,598

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet
  • New Construction: No
  • 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
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Electric Stove3: Yes
  • Unit 2 Electric Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: TENANTS PERSONAL ITEMS

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Parcel #: 04-03604-0000-00002

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 11598.0
  • Tax Other Annual Assessment Amount: 535200.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Thurgood Mar
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Dec 1, 2015
Sold by
512 Sixth Avenue Properti Es Llc
Bought by
Newell Street Llc
Seller's Agent
Francine Simonsen
McNeely Agency
Buyer's Agent
Kenneth Rickel
Vail Realty
Sold Price
$320,000
Current Estimated Value
$1,756,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,436,631
Avg. Annual Appreciation
18.67%
Interest Rate
3.95%

Purchase Details

Closed on
Oct 4, 2010
Sold by
Strauss Sheila
Bought by
512 Sixth Avenue Properties Llc

Purchase Details

Closed on
Aug 27, 2001
Sold by
Kurtz Russell
Bought by
Strauss Shelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.06%
Mortgage Type
Commercial
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
Newell Street Llc $320,000 --
512 Sixth Avenue Properties Llc -- None Available
Strauss Shelia $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Newell Street Llc --
Previous Owner Strauss Shelia $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2015 11/19/15 Sold $320,000 -- --
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 $20,153 $1,322,200 $675,000 $647,200
2024 $18,861 $1,273,900 $613,000 $660,900
2023 $18,861 $1,220,000 $522,800 $697,200
2022 $15,495 $1,069,200 $435,600 $633,600
2021 $13,712 $980,700 $396,000 $584,700
2020 $14,090 $894,600 $374,000 $520,600
2019 $13,712 $831,000 $356,100 $474,900
2018 $13,132 $736,900 $316,000 $420,900
2017 $6,656 $320,000 $278,600 $41,400
2016 $10,291 $480,000 $283,600 $196,400
2015 $12,297 $555,400 $273,600 $281,800
2014 $11,598 $535,200 $348,600 $186,600
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Francine Simonsen

    McNeely Agency

    (732) 775-0208

    7 Total Sales

    Francine Simonsen
    Section Image

  • K

    Buyer's Agent in 2015

    Kenneth Rickel

    Vail Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21519720

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03604-0000-00002

New Jersey Monmouth County Asbury Park 07712

512 6th Ave, Asbury Park, NJ

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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