NOT LISTED FOR SALE

711 Grand Ave Asbury Park, NJ 07712

Estimated Value: $1,121,000 - $1,623,000

8 Beds
6 Baths
-- Sq Ft
1,655 Sq Ft Lot

Last Sold April 19, 2012

Last sale price $450,000

Est. 192% increase in value since last sale

Current estimated payment $8,539/month

277 Days on Market

Highlights

  • Attic
  • Recessed Lighting
  • 1-minute walk to Library Square Park
  • Corner Lot
  • Zoned Heating and Cooling System

About This Home

As of April 2012

Yesterday's grandeur and character preserved in this updated and well maintained 4 family that could be a nice condo or professional conversion. Fully renovated in 2000. All utilities separate and many architectural details preserved (porch, grand entry, hardwood, center hall, 10ft. ceilings, pocket doors & trim). Ideally situated across from the park and 3 blocks to downtown and the beach. Priced to sell and brings a nice return-Prepare to be pleasantly surprised. Possible Seller Financing.

Last Agent to Sell the Property

Brian Church

Ward Wight Sotheby's International Realty Listed on: 07/07/2011

Last Buyer's Agent

Lorraine Donohue

Weichert Realtors-Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Lot Details

  • Lot Dimensions are 46 x 66
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Recessed Lighting
  • Center Hall
  • Laminate Flooring
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Basement

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

Parking

  • No Garage
  • On-Street Parking

Schools

  • Thurgood Mar Elementary School
  • Asbury Park High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for hot water, yard maintenance, water, snow removal, sewer, garbage removal
  • Assessor Parcel Number 0400140000000018

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,005
  • Fuel Expense $986
  • Insurance Expense $3,703
  • Water Sewer Expense $3,849
  • Gross Income $51,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: None
  • Reso Flooring: Laminate
  • Reso Interior Features: Attic, Center Hall, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 46 X 66
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Floors Laminate2: Yes
  • Income Expenses Electric Expense: 1005.0
  • Income Expenses Insurance Expense: 3703.0
  • Income Expenses WaterSewer Expense: 3849.0
  • Income Expenses Gross Income2: 51960.0
  • Income Expenses Gas Expense: 986.0
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Total Bedrooms: 8
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 3849.0

Lot Info

  • Lot Dimensions: 46 X 66
  • Parcel #: 0400140000000018
  • Zoning Description: Multi-Family

Rental Info

  • Owner Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6997.0
  • Tax Other Annual Assessment Amount: 146100.0

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 1005.0
  • Annual Gross Income: 51960.0
  • Insurance Expense: 3703.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2011
Closed on
Apr 18, 2012
Sold by
Lucas Craig
Bought by
Thorpe William M
Seller's Agent
Brian Church
Ward Wight Sotheby's International Realty
Buyer's Agent
Lorraine Donohue
Weichert Realtors-Spring Lake
Sold Price
$450,000
Current Estimated Value
$1,312,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,135
Avg. Annual Appreciation
8.34%
Original Mortgage
$460,800
Outstanding Balance
$319,115
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$993,020

Purchase Details

Closed on
Dec 31, 1996
Sold by
Gjl Limited
Bought by
Campoli Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.5%
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
Thorpe William M $450,000 First Heritage Title Agency
Campoli Debra $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe William M $460,800
Previous Owner Campoli Debra $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2012 04/19/12 Sold $450,000 -- --
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 $16,844 $1,092,700 $551,700 $541,000
2024 $16,137 $1,064,700 $512,300 $552,400
2023 $16,137 $1,043,800 $361,200 $682,600
2022 $13,229 $921,400 $301,000 $620,400
2021 $13,229 $837,300 $273,600 $563,700
2020 $11,973 $760,200 $258,900 $501,300
2019 $11,906 $721,600 $246,600 $475,000
2018 $11,020 $618,400 $197,400 $421,000
2017 $10,040 $482,700 $190,400 $292,300
2016 $10,047 $468,600 $185,400 $283,200
2015 $10,324 $466,300 $190,400 $275,900
2014 $9,407 $434,100 $215,400 $218,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brian Church

    Ward Wight Sotheby's International Realty

  • L

    Buyer's Agent in 2012

    Lorraine Donohue

    Weichert Realtors-Spring Lake

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21126227

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03201-0000-00010

New Jersey Monmouth County Asbury Park 07712

711 Grand Ave, Asbury Park, NJ

This home is located at 711 Grand Ave, Asbury Park, NJ 07712 since 07 July 2011 and is currently estimated at $1,312,135. 711 Grand Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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