NOT LISTED FOR SALE

614 Laurel Ave Allenhurst, NJ 07711

Estimated Value: $1,182,000 - $1,440,000

6 Beds
4 Baths
1,172 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $1,325,000 $1,131 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,181/month

46 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Garage
  • 2 Fireplaces
  • Baseboard Heating
  • Level Lot

About This Home

As of November 2024

Rare investment opportunity offering two (2) separate homes situated back to back on a single lot (100ftx85ft ) in West Allenhurst. Each house features 3 bedrooms and 1 and 1/2 baths and a wood burning fireplace. Primary house (Laurel-Unit 1) was renovated in 2020 - New kitchen, baths, new AC system, & new roof and offers about 1172 sq ft of living area, as per tax records. The second house (Beechwood-Unit 2) has an inviting covered front porch and offers about 1474 sq ft of living space. New HW heater (2023) and new boiler (2021). Just 1 Mile to Allenhurst beach and 1 mile to Asbury Park. Both houses currently have tenants on a month to month basis.

Last Agent to Sell the Property

Andree Friel

Two River Realty License #2077258 Listed on: 07/08/2024

Last Buyer's Agent

Andree Friel

Two River Realty License #2077258 Listed on: 07/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,960

Year Built

  • Built in 1921

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 85 x 100
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,172 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Furnace
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items.
  • Assessor Parcel Number 37-00072-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,960

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1921
  • Contract Info List PriceSqFt: 1109.22
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 85 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Slab
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Exclusions: Personal Items.
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Lot Info

  • Lot Dimensions: 85 x 100
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 37-00072-0000-00005
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16960.0
  • Tax Other Annual Assessment Amount: 1089300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Nov 27, 2024
Sold by
Tres 101 Llc
Bought by
614 Laurel Llc
Seller's Agent
Andree Friel
Two River Realty
Buyer's Agent
Andree Friel
Two River Realty
List Price
$1,300,000
Sold Price
$1,325,000
Premium/Discount to List
$25,000
1.92%
Views
11
Current Estimated Value
$1,334,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,780
Avg. Annual Appreciation
0.64%

Purchase Details

Closed on
Nov 9, 2022
Sold by
Friel Bernard and Friel Andree
Bought by
Tres 101 Llc

Purchase Details

Closed on
Nov 5, 1998
Sold by
Bove Ralph
Bought by
Friel Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
614 Laurel Llc $1,325,000 Madison Title
614 Laurel Llc $1,325,000 Madison Title
Tres 101 Llc -- --
Tres 101 Llc -- None Listed On Document
Friel Bernard $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friel Bernard $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $1,325,000 +1.9% $1,131 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $1,300,000 -- $1,109 / 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 $15,005 $1,085,200 $781,200 $304,000
2024 $16,960 $1,032,700 $735,700 $297,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andree Friel

    Two River Realty

    (848) 459-6055

    1 in this area

    5 Total Sales

    Andree Friel
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22418557

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00072-0000-00005

New Jersey Monmouth County Allenhurst 07711

614 Laurel Ave, Allenhurst, NJ

Not Listed for Sale

MultiFamily

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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