NOT LISTED FOR SALE

614 5th Ave Asbury Park, NJ 07712

Estimated Value: $973,000 - $1,880,000

-- Bed
4 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold July 17, 2015

Last sale price $299,900

Est. 360% increase in value since last sale

Current estimated payment $8,627/month

371 Days on Market

Highlights

  • Waterfront
  • 2 Car Garage
  • 2-minute walk to Fireman's Park
  • Zoned Heating

About This Home

As of July 2015

Large Victorian with wrap around porch facing Sunset Lake. 5 blocks to beach and a short walk to Convention Hall and The Paramount Theater. This corner property is presently being used as a 3 family, but can be converted back to a single family or changed to a 2 family. Most utilities are separated. Owner pays water and sewer. In last few yrs. electric service, some plumbing & roof have been replaced. The HW heater is approx. 4 yrs. old.

Last Agent to Sell the Property

JoAnn Yagoda

Jersey Shore Real Estate Group Associates LLC License #7874129 Listed on: 05/05/2014

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,763

Lot Details

  • Lot Dimensions are 50x100
  • Waterfront

Parking

  • 2 Car Garage

Home Design

  • Triplex

Schools

  • Asbury Park Middle School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • Water Views
  • Stove
  • Partial Basement

Community Details

  • 3 Units
  • Insurance Expense $2,450

Listing and Financial Details

  • Tenant pays for heat, electricity
  • The owner pays for yard maintenance, water, sewer
  • Assessor Parcel Number 02803000000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,763

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X100
  • Location Middle School: Asbury Park
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 2450.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Basement:Partial: Yes

Exterior Features

  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50X100
  • Parcel #: 02803000000001

Rental Info

  • Tenant Pays: Heat, Electricity
  • Owner Pays: Yard Maintenance, Water, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6763.0
  • Tax Other Annual Assessment Amount: 312100.0

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Jul 2, 2015
Sold by
Wajsblat Michael and Wajsblat Marsha
Bought by
Viola Christopher
Seller's Agent
JoAnn Yagoda
Jersey Shore Real Estate Group Associates LLC
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$299,900
Current Estimated Value
$1,378,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,078,667
Avg. Annual Appreciation
15.98%
Original Mortgage
$334,737
Outstanding Balance
$264,514
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$1,114,053

Purchase Details

Closed on
Feb 9, 2006
Sold by
614Fifth Avenue Llc
Bought by
Wajsblat Michael and Wajsblat Marsha

Purchase Details

Closed on
Aug 15, 2005
Sold by
Wajsblat Marsha
Bought by
614 Fifth Avenue Llc

Purchase Details

Closed on
Apr 3, 2000
Sold by
Younnizzie Henry
Bought by
Perez Edda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,241
Interest Rate
8.3%
Mortgage Type
FHA
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
Viola Christopher $299,900 Attorney
Wajsblat Michael -- --
614 Fifth Avenue Llc -- --
Perez Edda $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viola Christopher $334,737
Previous Owner Perez Edda $101,241
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $299,900 -- --
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 $16,948 $1,138,000 $638,000 $500,000
2024 $14,076 $1,071,300 $576,000 $495,300
2023 $14,076 $910,500 $376,700 $533,800
2022 $11,449 $799,000 $313,900 $485,100
2021 $11,449 $724,600 $285,400 $439,200
2020 $10,455 $663,800 $270,700 $393,100
2019 $10,275 $622,700 $257,800 $364,900
2018 $9,906 $555,900 $232,500 $323,400
2017 $9,372 $450,600 $200,000 $250,600
2016 $7,086 $330,500 $190,000 $140,500
2015 $6,905 $311,900 $175,000 $136,900
2014 $6,763 $312,100 $200,000 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21417653

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02803-0000-00001