708 7th Ave Asbury Park, NJ 07712
Estimated payment $7,267/month
Highlights
- 1 Fireplace
- 4 Car Garage
- 3-minute walk to Fireman's Park
- Zoned Heating and Cooling System
About This Home
In attorney review, continue to show. EAST SIDE Asbury; legal two family home Side by side units with separate exterior entrances. The 50 X 150 property has room for a pool and there is a long drive & up to a 4 car garage. The smaller unit is 3/4BR + LR, DR & kitchen & 2.5 baths on two levels, has newer baths and kitchen plus hot air heat and central air. The larger unit is on 3 levels with 4+ BR's, LR, DR, Kitch, 2.5 baths and needs some renovation. Units are not separately metered. The two units can easily combine back to a huge single family home. The property is currently owner occupied and will be delivered fully vacant. Fireplace is decorative and does not work.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,929
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
Parking
- 4 Car Garage
Home Design
- Duplex
Interior Spaces
- 3-Story Property
- 1 Fireplace
- Walk-Out Basement
Bedrooms and Bathrooms
- 7 Bedrooms
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 04-03006-0000-00002
Map
Home Values in the Area
Average Home Value in this Area
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 | $16,929 | $1,160,100 | $710,100 | $450,000 |
| 2024 | $14,692 | $1,070,100 | $617,500 | $452,600 |
| 2023 | $14,692 | $950,300 | $479,200 | $471,100 |
| 2022 | $11,739 | $827,400 | $399,300 | $428,100 |
| 2021 | $10,782 | $743,000 | $363,100 | $379,900 |
| 2020 | $10,782 | $684,600 | $344,000 | $340,600 |
| 2019 | $10,250 | $621,200 | $327,600 | $293,600 |
| 2018 | $9,830 | $551,600 | $291,400 | $260,200 |
| 2017 | $9,922 | $477,000 | $263,500 | $213,500 |
| 2016 | $9,534 | $444,700 | $238,500 | $206,200 |
| 2015 | $9,618 | $434,400 | $233,500 | $200,900 |
| 2014 | $9,026 | $416,500 | $283,500 | $133,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | Price Changed | $1,099,000 | -12.1% | -- |
| 06/17/2025 06/17/25 | For Sale | $1,250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $295,000 | Foundation Title | |
| Deed | -- | Fidelity Title Abstract Co | |
| Deed In Lieu Of Foreclosure | -- | Fidelity Title Abstract Co | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | New Conventional | |
| Closed | $269,000 | Commercial | |
| Closed | $236,000 | Commercial | |
| Previous Owner | $700,000 | Commercial | |
| Previous Owner | $250,000 | Commercial |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22517866
APN: 04-03006-0000-00002
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