NOT LISTED FOR SALE

704 6th Ave Asbury Park, NJ 07712

Estimated Value: $981,000 - $1,783,000

5 Beds
3.5 Baths
2,174 Sq Ft
$559/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $675,000 $310 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,599/month

163 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Multiple cooling system units
  • 2-minute walk to Fireman's Park

About This Home

As of February 2022

RARE 3-FAMILY ON EASTSIDE! Only 6 short blocks to beach! Same owner is selling this 3-family plus adjacent 702 Sixth Ave (2 units) and 703 Sixth Ave (4 units) directly across street. Can be sold separately or as a package. 1st and 2nd floor apts. are 2 BR each. 3rd floor is 1 BR with pleasant covered rear deck. Garage + huge paved parking lot + driveway hold at least 12 cars. *****SEPARATE GAS AND ELECTRIC METERS.*****Owner just pays water and sewer. Tenants are month-to-month. Rents are below market value. Large 50' x 150' lot. Linked listings MLS #22118417 and #22118418.

Last Agent to Sell the Property

Marty Bradshaw

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

Last Buyer's Agent

Mary McAllister

Prudential Zack Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,442

Year Built

  • Built in 1930

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,174 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Window Screens
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants' belongings
  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer, garbage removal
  • Assessor Parcel Number 04-02902-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,442

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Asbury Park
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Exterior Screens2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Tenants' belongings
  • Exterior Features: Deck, Storm Door(s), Thermal Window, Screens
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Common, Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-02902-0000-00003
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11442.0
  • Tax Other Annual Assessment Amount: 790400.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Feb 7, 2022
Sold by
Boyd Paul M
Bought by
Girgis Robert and Girgis Maureen
Seller's Agent
Marty Bradshaw
Burns-Bradshaw LLC
Buyer's Agent
Mary McAllister
Prudential Zack Shore Properties
List Price
$829,900
Sold Price
$675,000
Premium/Discount to List
-$154,900
-18.66%
Current Estimated Value
$1,215,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,829
Avg. Annual Appreciation
17.14%
Original Mortgage
$506,250
Outstanding Balance
$470,092
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$745,737
Source: Public Records

Range of Values:

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Average Value
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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
Girgis Robert $675,000 Old Republic Title
Girgis Robert $675,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girgis Robert $506,250
Closed Girgis Robert $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $675,000 -15.1% $310 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
09/06/2021 09/06/21 Price Changed $795,000 -4.2% $366 / Sq Ft
06/09/2021 06/09/21 For Sale $829,900 -- $382 / 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 $14,820 $1,023,300 $674,600 $348,700
2024 $12,673 $936,800 $586,600 $350,200
2023 $12,673 $819,700 $455,300 $364,400
2022 $12,477 $767,500 $399,300 $368,200
2021 $12,477 $790,400 $363,100 $427,300
2020 $11,442 $726,500 $344,000 $382,500
2019 $11,265 $682,700 $327,600 $355,100
2018 $10,801 $606,100 $291,400 $314,700
2017 $10,912 $524,600 $263,500 $261,100
2016 $10,536 $491,400 $238,500 $252,900
2015 $10,625 $479,900 $233,500 $246,400
2014 $9,680 $446,700 $283,500 $163,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118419

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02902-0000-00003