NOT LISTED FOR SALE

601 2nd Ave Asbury Park, NJ 07712

Estimated Value: $1,149,000 - $1,210,247

11 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $999,999

Est. 17% increase in value since last sale

Current estimated payment $7,730/month

60 Days on Market

Highlights

  • Zoned Cooling
  • 1 Car Garage
  • 4-minute walk to Library Square Park

About This Home

As of October 2023

Great east side 2 family w huge front wrap around porch . Main house 1st 2 floors with 9 bedrooms 2 full baths w unlimited potential. Too many updates to list , Hardwood floors thru out, all new electric, plumbing , heating and central air. 3rd floor has private entrance legal 2 bedroom apartment . Corner property w yard and oversized garage w 2 parking spaces in front of garage . This home is loaded w potential to customize for your family .

Last Agent to Sell the Property

William McClellan

Berkshire Hathaway HomeServices Signature Properties Listed on: 06/26/2023

Last Buyer's Agent

Matthew Perasso

Compass New Jersey , LLC License #0339112

Compass New Jersey , LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,589

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 114

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Schools

  • P. Bradley Elementary School
  • Martin Luther King Jr. Middle School
  • Asbury Park High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: owners personal possessions
  • Assessor Parcel Number 04-02704-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,589

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • 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
  • General Property Info Lot Dimensions: 50 x 114
  • Location Middle School: Martin Luther King Jr. Middle School
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 2.0
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 11
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Exclusions: owners personal possessions

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

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

Lot Info

  • Lot Dimensions: 50 x 114
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-02704-0000-00013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7589.0
  • Tax Other Annual Assessment Amount: 487400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: P. Bradley
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Oct 9, 2023
Sold by
Lahens Robenson and Lahens Gina
Bought by
Perasso Matthew
Seller's Agent
William McClellan
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Matthew Perasso
Compass New Jersey , LLC
List Price
$1,250,000
Sold Price
$999,999
Premium/Discount to List
-$250,001
-20%
Views
171
Current Estimated Value
$1,168,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,313
Avg. Annual Appreciation
8.67%
Original Mortgage
$749,999
Outstanding Balance
$735,935
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$432,377

Purchase Details

Closed on
Apr 12, 2001
Sold by
Hud
Bought by
Lahens Robenson and Lahens Arius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.9%
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
Perasso Matthew $999,999 Elite Title Group
Lahens Robenson $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perasso Matthew $749,999
Previous Owner Lahens Robenson $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $999,999 -9.0% --
08/25/2023 08/25/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,099,000 -4.4% --
07/11/2023 07/11/23 Price Changed $1,150,000 -90.0% --
07/11/2023 07/11/23 Price Changed $11,500,000 +820.0% --
06/26/2023 06/26/23 For Sale $1,250,000 -- --
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 $16,516 $1,294,300 $642,200 $652,100
2024 $19,694 $1,044,000 $558,800 $485,200
2023 $19,694 $1,273,900 $350,300 $923,600
2022 $6,149 $487,400 $291,900 $195,500
2021 $6,149 $389,200 $265,300 $123,900
2020 $5,794 $367,900 $252,100 $115,800
2019 $7,115 $431,200 $240,100 $191,100
2018 $6,932 $389,000 $219,600 $169,400
2017 $6,781 $326,000 $187,000 $139,000
2016 $6,784 $316,400 $172,000 $144,400
2015 $6,812 $307,700 $167,000 $140,700
2014 $5,855 $270,200 $177,000 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22317418

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02704-0000-00013