$1,050,000

513 3rd Ave Asbury Park, NJ 07712

Estimated payment $6,964/month

Total Views 10,775
7 Beds
4 Baths
2,813 Sq Ft
$373 Price per Sq Ft

Highlights

  • Deck
  • Forced Air Heating System
  • 5-minute walk to Library Square Park
  • Cooling Available

About This Home

NE ASBURY 4 FAMILY- Income producing property with driveway, large front porch, and backyard. 4 & 1/2 blocks to beach. Sale strictly as is, buyer responsible to obtain CO. Unit photos from before tenants took possession.

Listing Agent

Brian Johnson

Sackman Realty License #1537239 Listed on: 05/08/2025

Sackman Realty

Co-Listing Agent

Philip Bertole III

Sackman Realty License #1111638

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,580

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,813 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 40 x 100

Listing and Financial Details

  • Exclusions: Tenant's belongings
  • Assessor Parcel Number 04-00172-0000-00008

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,952
  • Fuel Expense $2,551
  • Insurance Expense $7,599
  • Water Sewer Expense $2,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,580

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Co List Office Mls Id: 3798
  • Co List Office Phone: 732-798-8188
  • Subdivision Name: None
  • New Construction: No
  • 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: 40 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Income Expenses Electric Expense: 2952.0
  • Income Expenses Insurance Expense: 7599.0
  • Income Expenses WaterSewer Expense: 2688.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 2551.0
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenant's belongings
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2688.0

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 04-00172-0000-00008
  • Zoning Description: Residential, Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14580.0
  • Tax Other Annual Assessment Amount: 921600.0

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 2952.0
  • Insurance Expense: 7599.0

Map

Range of Values:

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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
2024 $11,654 $921,600 $509,400 $412,200
2023 $11,654 $753,800 $332,500 $421,300
2022 $9,380 $660,000 $277,100 $382,900
2021 $9,380 $593,700 $251,900 $341,800
2020 $8,548 $542,700 $238,600 $304,100
2019 $8,012 $485,600 $227,300 $258,300
2018 $7,787 $437,000 $208,000 $229,000
2017 $7,567 $363,800 $175,900 $187,900
2016 $7,699 $359,100 $160,900 $198,200
2015 $7,727 $349,000 $155,900 $193,100
2014 $7,450 $343,800 $215,900 $127,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,050,000 0.0% $373 / Sq Ft
03/15/2019 03/15/19 Rented $27,600 +1352.6% --
08/30/2016 08/30/16 Rented $1,900 +58.3% --
06/14/2016 06/14/16 Rented $1,200 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,900 New Conventional
Closed $68,424 Commercial
Closed $350,000 Commercial
Closed $230,000 Future Advance Clause Open End Mortgage
Closed $139,500 Commercial
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22513472

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03401-0000-00018

New Jersey Monmouth County Asbury Park 07712

513 3rd Ave, Asbury Park, NJ

This home is located at 513 3rd Ave, Asbury Park, NJ 07712 and is currently priced at $1,050,000, approximately $373 per square foot. 513 3rd Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

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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Brian Johnson
Listing Agent
Brian Johnson
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Sackman Realty
(732) 795-5915