NOT LISTED FOR SALE

614 Prospect Ave Asbury Park, NJ 07712

Estimated Value: $457,000 - $617,009

3 Beds
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $450,000

Est. 19% increase in value since last sale

Current estimated payment $3,418/month

Highlights

  • Colonial Architecture
  • Oversized Parking
  • Dining Room
  • No HOA
  • Forced Air Heating System
  • Family Room

About This Home

As of August 2023

Amazing 1st floor rental in 2 family home in Asbury Park, just blocks from the beach and everything Asbury Park and the Jersey Shore have to offer. 3 beds 1 full bath and recently updated. Plenty of off street parking behind this two-family home. Pets allowed. Make your appointment today!

Last Agent to Rent the Property

Eric Bosniak

Coldwell Banker Realty Brokerage Phone: 732-245-0340 License #0902924 Listed on: 07/10/2023

Coldwell Banker Realty

Last Renter's Agent

Eric Bosniak

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1930

Lot Details

  • 7,841

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 1-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Oversized Parking
  • Common or Shared Parking
  • Off-Street Parking

Schools

  • Asbury Park Middle School
  • Asbury Park High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 7,841 Sq Ft Lot
  • Lower Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,900
  • Property Available on 8/7/23
  • Assessor Parcel Number 04-01606-0000-00028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,125

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-08-07

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Attribution Contact: 732-245-0340
  • Inclusions: Washer, Refrigerator, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Lower Level, Colonial
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • Location Middle School: Asbury Park
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling None12: Yes
  • Contract Info Available Date: 2023-08-07
  • Maintenance Fees Security Deposit3: 3900.0
  • Lease Requirements Security Deposit4: Yes
  • Parking Oversized2: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom Level First39: Yes

Exterior Features

  • Acres: 0.18
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Oversized, Common, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 04-01606-0000-00028

MLS Schools

  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 16, 2021
Sold by
Jean Hertelou P
Bought by
Blackmon Marcus
Seller's Agent
Necker Jean
Jeanius Realty
Buyer's Agent
Deshawn Young
Del Virginia Realtors
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$533,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,752
Avg. Annual Appreciation
4.56%
Original Mortgage
$412,087
Outstanding Balance
$378,244
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$161,603

Purchase Details

Closed on
Jun 20, 2012
Sold by
Klimowicz Robert
Bought by
Jean Hertelou P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,423
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Klimowicz Robert

Purchase Details

Closed on
Aug 19, 2005
Sold by
Worthy Warren W
Bought by
Jameson Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2004
Sold by
Gaskin Elsie
Bought by
Worthy Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.01%
Mortgage Type
Commercial
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
Blackmon Marcus $450,000 Two Rivers Title Company Llc
Jean Hertelou P $220,000 Multiple
Klimowicz Robert $76,900 None Available
Jameson Robert A $350,000 --
Worthy Warren $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackmon Marcus $412,087
Previous Owner Jean Hertelou P $62,570
Previous Owner Jean Hertelou P $215,688
Previous Owner Jean Hertelou P $214,423
Previous Owner Sciarappa Constance $75,000
Previous Owner Jameson Robert A $375,000
Previous Owner Jameson Robert A $350,000
Previous Owner Worthy Warren W $218,000
Previous Owner Worthy Warren $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Rented $32,400 +1146.2% --
08/01/2023 08/01/23 Under Contract -- -- --
07/10/2023 07/10/23 For Rent $2,600 0.0% --
07/14/2021 07/14/21 Sold $450,000 0.0% $269 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $450,000 -- $269 / 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
2024 $6,125 $427,000 $142,700 $284,300
2023 $6,125 $396,200 $100,600 $295,600
2022 $3,427 $335,700 $67,000 $268,700
2021 $3,427 $288,000 $65,100 $222,900
2020 $3,909 $248,200 $63,000 $185,200
2019 $3,472 $210,400 $60,000 $150,400
2018 $3,236 $181,600 $56,400 $125,200
2017 $3,964 $190,600 $53,400 $137,200
2016 $3,810 $177,700 $51,400 $126,300
2015 $3,790 $171,200 $48,100 $123,100
2014 $4,018 $185,400 $63,100 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22318700

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01606-0000-00028