NOT LISTED FOR SALE

513 Sewall Ave Unit 2 Asbury Park, NJ 07712

Estimated Value: $1,191,138 - $1,372,000

2 Beds
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Vinyl Flooring
  • No HOA
  • Dogs Allowed
  • 3-minute walk to Library Square Park

About This Home

As of September 2023

Charming 2 bedroom apartment in the heart of Asbury Park and close to downtown and beach. Must see to appreciate 2nd floor apartment in 2 family home.

Last Agent to Rent the Property

William McClellan

Berkshire Hathaway HomeServices Signature Properties Listed on: 08/29/2023

Last Renter's Agent

Patricia Costa

Avenue Realty NJ License #2295867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,802

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Barack Obama Elementary School
  • Martin Luther King Jr. Middle School
  • Asbury Park High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Property Available on 9/15/23
  • Assessor Parcel Number 04-03201-0000-00016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,802

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-09-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Vinyl
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • Location Middle School: Martin Luther King Jr. Middle School
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling None12: Yes
  • Contract Info Available Date: 2023-09-15
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 0
  • Allowable Dogs2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Acres: 0.09
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Other, None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Martin Luther King Jr. Middle School

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 04-03201-0000-00016

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Barack Obama Elementary
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Scudder Susan
Bought by
Andrews Danny and Scudder Susan
Current Estimated Value
$1,291,285

Purchase Details

Closed on
May 27, 1999
Sold by
Carran Land Co
Bought by
Scudder Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Andrews Danny -- None Listed On Document
Andrews Danny -- None Listed On Document
Scudder Susan $110,000 --
Scudder Susan $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scudder Susan $375,000
Previous Owner Scudder Susan $300,000
Previous Owner Seudder Susan $235,000
Previous Owner Scudder Susan $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Rented $26,340 +1100.0% --
09/06/2023 09/06/23 Price Changed $2,195 -8.4% --
08/29/2023 08/29/23 For Rent $2,395 -- --
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 $12,802 $849,100 $486,900 $362,200
2024 $10,632 $809,200 $439,400 $369,800
2023 $10,632 $687,700 $301,300 $386,400
2022 $8,649 $602,400 $251,100 $351,300
2021 $8,649 $547,400 $228,300 $319,100
2020 $7,952 $504,900 $216,500 $288,400
2019 $6,287 $381,000 $206,200 $174,800
2018 $6,005 $337,000 $182,000 $155,000
2017 $6,989 $336,000 $175,000 $161,000
2016 $6,741 $314,400 $165,000 $149,400
2015 $6,877 $310,600 $165,000 $145,600
2014 $6,423 $296,400 $200,000 $96,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22324064

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03201-0000-00016