$825,000
SOLD JAN 26, 2022

702 6th Ave Asbury Park, NJ 07712

-- Bed
-- Bath
3,376 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

13% Below List Price

147 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Patio
  • 2 Fireplaces
  • Stained Glass
  • 3-minute walk to Fireman's Park

About This Home

As of July 2023

RARE 2-FAMILY ON EASTSIDE! Only 6 short blocks to beach! Same owner is selling this house plus adjacent 704 6th Ave (3 units) and 703 6th Ave (4 units) directly across street. Will sell separately or as a package. Owner-occupied by same owner for 50 years. Charming entry foyer with gas fireplace & stained-glass windows. 2 BR owner's apt. features Craftsman-style den with original dark-stained woodwork, beamed ceilings, beautiful wood-burning fireplace, leaded-glass cabinetry. 2nd floor is 2 BR apt. Amazing amount of space - 3,376 sq. ft. - due to BONUS FINISHED 3RD FLOOR with 3 large rooms & bath. Perfect for summer guests, in-laws, etc. ****SEPARATE ELECTRIC METERS.**** Plenty of parking in driveway. Large 50' x 150' lot offers room for a pool. Linked listings MLS #22118418 and #22118419.

Last Agent to Sell the Property

Marty Bradshaw

Burns-Bradshaw LLC License #7811192 Listed on: 06/09/2021

Last Buyer's Agent

Adam Hignite

Prudential Zack Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,934

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,376 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Thermal Windows
  • Stained Glass
  • Storm Doors
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Thurgood Mar Elementary School
  • Asbury Park Middle School
  • Asbury Park High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: 1st floor DR chandelier, washer and dryer in basement, tenant's possessions
  • Tenant pays for electricity
  • The owner pays for yard maintenance, water, snow removal, sewer, heat, gas, garbage removal
  • Assessor Parcel Number 04-02902-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,934

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Asbury Park
  • 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
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Exterior Stained Glass: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Fireplaces: 2
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: 1st floor DR chandelier, washer and dryer in basement, tenant's possessions
  • Exterior Features: Patio, Stained Glass, Storm Door(s), Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-02902-0000-00004
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer, Heat, Gas, Garbage Removal

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12934.0
  • Tax Other Annual Assessment Amount: 897300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Thurgood Mar
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 6, 2023
Sold by
702 6Th Avenue Ap Llc
Bought by
Peters Kurt Charles and Peters Caroline Stone
Seller's Agent
Adam Hignite
Compass New Jersey , LLC
Buyer's Agent
Adam Hignite
Prudential Zack Shore Properties
List Price
$2,595,000
Sold Price
$2,185,000
Premium/Discount to List
-$410,000
-15.8%
Views
5
Current Estimated Value
$2,131,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,514
Avg. Annual Appreciation
-2.65%
Original Mortgage
$1,748,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jan 3, 2022
Sold by
Boyd Paul M
Bought by
702 6Th Avenue Ap Llc
Seller's Agent
Marty Bradshaw
Burns-Bradshaw LLC
Buyer's Agent
Adam Hignite
Prudential Zack Shore Properties
List Price
$949,900
Sold Price
$825,000
Premium/Discount to List
-$124,900
-13.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.86%
Original Mortgage
$618,750
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,185,000 Green Label Title
Deed $825,000 Parry Hunt A
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,748,000 New Conventional
Previous Owner $618,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $2,185,000 0.0% $549 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/12/2023 06/12/23 Off Market $2,185,000 -- --
05/17/2023 05/17/23 Price Changed $2,395,000 -4.0% $602 / Sq Ft
04/28/2023 04/28/23 Price Changed $2,495,000 -3.9% $627 / Sq Ft
04/11/2023 04/11/23 For Sale $2,595,000 +214.5% $652 / Sq Ft
01/26/2022 01/26/22 Sold $825,000 -7.8% $244 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/06/2021 09/06/21 Price Changed $895,000 -5.8% $265 / Sq Ft
06/09/2021 06/09/21 For Sale $949,900 -- $281 / 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 $12,915 $1,966,400 $586,600 $1,379,800
2023 $12,915 $835,400 $455,300 $380,100
2022 $14,164 $785,000 $399,300 $385,700
2021 $14,164 $897,300 $363,100 $534,200
2020 $12,934 $821,200 $344,000 $477,200
2019 $12,715 $770,600 $327,600 $443,000
2018 $12,189 $684,000 $291,400 $392,600
2017 $12,260 $589,400 $263,500 $325,900
2016 $11,940 $556,900 $238,500 $318,400
2015 $12,038 $543,700 $233,500 $310,200
2014 $10,594 $488,900 $283,500 $205,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118417

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02902-0000-00004