$1,290,000

513 Sewall Ave Asbury Park, NJ 07712

Estimated payment $7,940/month

Total Views 8,794
6 Beds
5 Baths
2,425 Sq Ft
$532 Price per Sq Ft

Highlights

  • Multiple cooling system units
  • 1-Story Property
  • 3-minute walk to Library Square Park

About This Home

Welcome to 513 Sewall Ave - a unique investment opportunity in the heart of Asbury Park featuring two houses on one lot with off street parking! The rear cottage has been recently renovated and makes for a perfect owner's suite, offering privacy and modern comforts, while the front house is divided into two income-producing units. This setup is a fantastic condo alternative with the added benefit of rental income. Located just blocks from downtown Asbury Park and less than a mile to the beach, this versatile property is perfect for homeowners, investors, or anyone looking to enjoy the Asbury lifestyle while generating revenue. Don't miss your chance to own in one of the Jersey Shore's most desirable towns!

Listing Agent

Josh Starner

Sackman Realty License #2191038 Listed on: 07/02/2025

Sackman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,802

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,425 Sq Ft Home
  • 1-Story Property
  • Stove
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Asbury Park High School

Utilities

  • Multiple cooling system units
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number APN 04-03201-0000-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,802

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • 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
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 2 Washer Hookup2: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, On Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: APN 04-03201-0000-00016

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Other Annual Assessment Amount: 369800.0

MLS Schools

  • High School: Asbury Park

Map

Range of Values:

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Average Value
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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
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

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $1,290,000 -- $532 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $375,000 Commercial
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $235,000 Future Advance Clause Open End Mortgage
Previous Owner $88,000 Commercial
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22519625

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03201-0000-00016

New Jersey Monmouth County Asbury Park 07712

513 Sewall Ave, Asbury Park, NJ

This home is located at 513 Sewall Ave, Asbury Park, NJ 07712 and is currently priced at $1,290,000, approximately $531 per square foot. This property was built in 1920. 513 Sewall 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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Josh Starner
Listing Agent
Josh Starner
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Sackman Realty
(848) 360-5415