703 Asbury Ave Asbury Park, NJ 07712
8
Beds
5.5
Baths
2,836
Sq Ft
5,227
Sq Ft Lot
About This Home
As of November 2024Welcome to this charming two-family home in the vibrant community of Asbury Park, NJ—a seaside gem that perfectly blends classic elegance with modern convenience. This inviting residence offers a unique opportunity for multi-generational living or income potential.
As you approach, you'll be greeted by the home's attractive facade, featuring a classic front porch ideal for sipping your morning coffee or relaxing with a book. The exterior boasts well-maintained siding and a neatly manicured front lawn creating a warm and welcoming first impression.
Step inside to discover a spacious, light-filled interior that seamlessly combines vintage character with contemporary updates. Each unit offers a thoughtfully designed layout, ensuring both privacy and comfort. High ceilings and large windows enhance the sense of openness, with hardwood floors and tasteful finishes that add a touch of sophistication.
The front unit features a cozy living room that flows into a modern kitchen equipped with stainless steel appliances, granite countertops, and ample cabinetry.
The back unit showcases a similar blend of charm and modernity, with a bright and airy living space. The kitchen here is equally stylish, offering a functional layout and ample storage. Both units include well-appointed bedrooms and updated bathrooms, providing comfortable retreats for all residents.
For added value, there is off-street parking fitting up to 5 cars comfortably
Located just 6 and 1⁄2 blocks from Asbury Park's renowned boardwalk and 4 blocks to the Downtown area with eclectic shops, and vibrant dining, this home offers the best of both worlds.
Whether you're looking for a smart investment or a spacious family residence with rental income potential, this two-family home in Asbury Park is a rare find that promises both charm and practicality. Don't miss the chance to make it your own and enjoy all that this dynamic coastal community has to offer.
Last Agent to Sell the Property
Real Broker, LLC- Point P License #0122563 Listed on: 09/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,402
Year Built
- Built in 1920
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50 x 105
Parking
- 5 Parking Spaces
Home Design
- Duplex
Interior Spaces
- 2,836 Sq Ft Home
- 2-Story Property
- Basement
- Basement Storage
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: All Owners Belongings and Wall hangings
- Assessor Parcel Number 04-02602-0000-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Nov 25, 2024
Sold by
Hanlon Michael and Hanlon Deborah
Bought by
Singh Shiret and Singh Gurmeet
Seller's Agent
Mary Kay Barbieri
Real Broker, LLC- Point P
Buyer's Agent
Denise Addonisio
Ward Wight Sotheby's International Realty
List Price
$1,649,000
Sold Price
$1,612,500
Premium/Discount to List
-$36,500
-2.21%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,163
Avg. Annual Appreciation
0.93%
Purchase Details
Listed on
Oct 31, 2017
Closed on
Jan 11, 2018
Sold by
Biondo Jon
Bought by
Hanlon Michael and Hanlon Deborah
Seller's Agent
Ryan Coutu
John C. Conover Agency
Buyer's Agent
Ryan Coutu
John C. Conover Agency
Sold Price
$1,060,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$410,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2017
Sold by
Asbury Park Ventures Llc
Bought by
Biondo Jon
Purchase Details
Listed on
Aug 9, 2015
Closed on
Sep 23, 2015
Sold by
Provident Bank
Bought by
Asbury Park Ventures Llc
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
John Glancy
Coldwell Banker Flanagan Realty
Sold Price
$239,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%
Purchase Details
Closed on
Jun 28, 2005
Sold by
Mieser Peter
Bought by
Figueiredo John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
8.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 14, 2003
Sold by
Chesna Carl
Bought by
Mieser Peter and Mieser Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 29, 2000
Sold by
Florence Pascal
Bought by
Chesna Carl and Meute John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.76%
Mortgage Type
Commercial
Similar Homes in Asbury Park, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,612,500 | Worldwide Title | |
| Deed | $1,060,000 | -- | |
| Deed | -- | None Available | |
| Deed | $239,900 | Ttile Vest | |
| Deed | $485,000 | -- | |
| Deed | $335,000 | -- | |
| Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $410,000 | New Conventional | |
| Previous Owner | $331,000 | Commercial | |
| Previous Owner | $318,250 | Commercial | |
| Previous Owner | $123,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $1,612,500 | -2.2% | $569 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $1,649,000 | +55.6% | $581 / Sq Ft |
| 01/11/2018 01/11/18 | Sold | $1,060,000 | +341.9% | $321 / Sq Ft |
| 11/13/2015 11/13/15 | Sold | $239,900 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $16,402 | $1,225,600 | $453,000 | $772,600 |
| 2023 | $16,402 | $1,060,900 | $252,200 | $808,700 |
| 2022 | $14,317 | $1,013,000 | $278,100 | $734,900 |
| 2021 | $14,317 | $895,700 | $0 | $0 |
| 2020 | $13,225 | $839,700 | $0 | $0 |
| 2019 | $12,926 | $808,400 | $228,900 | $579,500 |
| 2018 | $11,301 | $659,200 | $173,600 | $485,600 |
| 2017 | $9,200 | $467,300 | $161,000 | $306,300 |
| 2016 | $6,411 | $299,000 | $156,000 | $143,000 |
| 2015 | $6,427 | $290,300 | $151,000 | $139,300 |
| 2014 | $5,730 | $264,400 | $151,000 | $113,400 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2024
Mary Kay Barbieri
Real Broker, LLC- Point P
(732) 746-3654
2 in this area
4 Total Sales
-
D
Buyer's Agent in 2024
Denise Addonisio
Ward Wight Sotheby's International Realty
(732) 337-5303
2 in this area
8 Total Sales
-
R
Seller's Agent in 2018
Ryan Coutu
John C. Conover Agency
-
Seller's Agent in 2015
John Glancy
RE/MAX at Barnegat Bay
(732) 914-0074
71 Total Sales
-
J
Buyer's Agent in 2015
John Glancy Jr.
RE/MAX
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22426383
APN: 04-02602-0000-00010
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Information is deemed reliable but not guaranteed.
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