NOT LISTED FOR SALE

718 Cookman Ave Asbury Park, NJ 07712

Estimated Value: $2,108,724

1 Bed
2.5 Baths
4,000 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $1,150,000 $288 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $12,714/month

186 Days on Market

Highlights

  • Deck
  • 3-minute walk to Asbury Park
  • Outdoor Shower
  • 1 Fireplace
  • No HOA
  • Zoned Heating and Cooling

About This Home

As of October 2017

Great opportunity to purchase a prime Cookman Avenue property. This building offers 2,500 sf of ground floor space zoned for retail activity on Cookman Ave between Main and Bond Streets. The upper level features a one of kind custom home. Built for grand entertaining this top of the line home provides every luxury including a massive outdoor roof deck. Hardwood floors, full Viking Kitchen package including Professional Series hood & 5 burner cook top, gas fireplace, 40 sq ft shower room, double bay windows, built -ins and much more. Property will be delivered vacant, great for an investor or a live/work situation. If you need more space then build up; this property is zoned for a 4 story building.

Last Agent to Sell the Property

Kenneth Rickel

Berkshire Hathaway HomeServices Signature Properties Listed on: 01/09/2017

Last Buyer's Agent

Patrick Schiavino

Genesis Realty & Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,000

Lot Details

  • Lot Dimensions are 25 x 100
  • Historic Home

Home Design

  • Flat Roof Shape

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Light Fixtures
  • 1 Fireplace
  • Blinds
  • Partial Basement

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Exterior Lighting

Schools

  • Asbury Park Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: 5 light fixtures in residential unit to be replaced.
  • Assessor Parcel Number 04-02405-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Historic, Other - See Remarks
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • Location Middle School: Asbury Park
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • ExteriorDeck: Yes
  • ExteriorOutdoorShower: Yes
  • Included Counter Top Range: Yes
  • Style Historic: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Wall Oven: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exclusions: 5 light fixtures in residential unit to be replaced.
  • Exterior Features: Deck, Outdoor Shower
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 25 x 100
  • Parcel #: 04-02405-0000-00002
  • Zoning Description: Residential, Retail

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 13000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Nov 28, 2017
Sold by
Rispoli Michael Joseph and Button Nancy Kathryn
Bought by
Rx 92 Realty Inc
Seller's Agent
Kenneth Rickel
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Patrick Schiavino
Genesis Realty & Management
Sold Price
$1,150,000
Current Estimated Value
$2,108,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,724
Avg. Annual Appreciation
7.81%
Original Mortgage
$750,000
Outstanding Balance
$629,959
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,478,765

Purchase Details

Listed on
Jan 9, 2017
Closed on
Oct 28, 2017
Sold by
Rispoli Michael Joseph and Button Nancy Kathryn
Bought by
Rispoli Michael Joseph and Button Nancy Karthryn
Seller's Agent
Kenneth Rickel
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Patrick Schiavino
Genesis Realty & Management
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$629,959
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,478,765
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rx 92 Realty Inc $1,150,000 Red Bank Title
Rispoli Michael Joseph -- Red Bank Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rx 92 Realty Inc $750,000
Previous Owner Rispoli Michael Joseph $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $1,150,000 -- $288 / 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 $19,196 $1,252,000 $426,300 $825,700
2024 $18,356 $1,213,400 $418,500 $794,900
2023 $18,356 $1,187,300 $418,500 $768,800
2022 $17,116 $1,092,100 $348,800 $743,300
2021 $17,116 $1,083,300 $317,000 $766,300
2020 $17,294 $1,098,000 $317,000 $781,000
2019 $12,842 $778,300 $302,000 $476,300
2018 $12,882 $722,900 $274,500 $448,400
2017 $13,857 $666,200 $237,500 $428,700
2016 $12,855 $599,600 $237,500 $362,100
2015 $13,696 $618,600 $237,500 $381,100
2014 $14,489 $668,600 $287,500 $381,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kenneth Rickel

    Berkshire Hathaway HomeServices Signature Properties

  • P

    Buyer's Agent in 2017

    Patrick Schiavino

    Genesis Realty & Management

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21700981

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02405-0000-00002

New Jersey Monmouth County Asbury Park 07712

718 Cookman Ave, Asbury Park, NJ

Not Listed for Sale

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.

Nearby Homes