NOT LISTED FOR SALE

603 6th Ave Asbury Park, NJ 07712

Estimated Value: $1,380,000 - $2,175,000

6 Beds
2 Baths
3,266 Sq Ft
$502/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $950,000 $291 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,172/month

11 Days on Market

About This Home

As of August 2021

This is your chance to own a large home on a large 50 x 150 lot one one of Asbury Park's most beautiful blocks. Beautifully landscaped front and back. Massive backyard has tons of potential. The house itself will require substantial renovation but also has tremendous potential. Currently tenant occupied two family home with a rent roll of $3,800 per month. Can be delivered vacant. Seller is licenses NJ Realtor.

Last Agent to Sell the Property

Paul X Vail

Vail Realty License #0232464 Listed on: 06/12/2021

Last Buyer's Agent

Susan B. Padva

Space & Company License #2075279

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,345

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water
  • Assessor Parcel Number 04-03007-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,345

Year Built

Built in 1920

Lot Details

0

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 Basement: Yes
  • General Property Info Pool: No
  • General Property Info Lot Dimensions: 50 x 150
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

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

Utilities

  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-03007-0000-00013
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12345.0
  • Tax Other Annual Assessment Amount: 783800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 3, 2021
Sold by
Vail Paul James
Bought by
Willmes Brooke L
Seller's Agent
Paul X Vail
Vail Realty
Buyer's Agent
Susan B. Padva
Space & Company
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,638,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,325
Avg. Annual Appreciation
13.72%
Original Mortgage
$712,500
Outstanding Balance
$648,849
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$989,476

Purchase Details

Closed on
Aug 5, 2013
Sold by
Stevens Vail Paul James and Stevens Vail John
Bought by
Vail Paul James

Purchase Details

Closed on
Jun 22, 2001
Sold by
Wingerter Emory
Bought by
Antonakakis Steve and Hoffman Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,494
Interest Rate
7.2%
Mortgage Type
FHA
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
Willmes Brooke L $950,000 Evident Title Agency Inc
Vail Paul James -- None Available
Antonakakis Steve $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willmes Brooke L $712,500
Previous Owner Antonakakis Steve $191,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $950,000 -2.6% $291 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $975,000 -- $299 / Sq Ft
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 $19,169 $1,314,500 $710,100 $604,400
2024 $14,678 $1,211,700 $617,500 $594,200
2023 $14,678 $949,400 $479,200 $470,200
2022 $13,512 $826,600 $399,300 $427,300
2021 $13,512 $857,800 $363,100 $494,700
2020 $12,345 $783,800 $344,000 $439,800
2019 $11,705 $709,400 $327,600 $381,800
2018 $11,223 $629,800 $291,400 $338,400
2017 $11,257 $541,200 $263,500 $277,700
2016 $10,778 $502,700 $238,500 $264,200
2015 $11,172 $504,600 $233,500 $271,100
2014 $10,577 $488,100 $308,500 $179,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paul X Vail

    Vail Realty

    Section Image

  • S

    Buyer's Agent in 2021

    Susan B. Padva

    Space & Company

    (917) 750-8530

    33 in this area

    57 Total Sales

    Susan B. Padva
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118104

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03007-0000-00013

New Jersey Monmouth County Asbury Park 07712

603 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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