NOT LISTED FOR SALE

814 Prospect Ave Asbury Park, NJ 07712

Estimated Value: $516,000 - $605,137

2 Beds
2 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold October 13, 2017

Last sale price $244,000

Est. 126% increase in value since last sale

Current estimated payment $3,588/month

23 Days on Market

About This Home

As of October 2017

NOT A SHORT SALE. Convert this clean and updated 2 family into a single family if you like. Currently this very clean property consists of two 1 bedroom units recently updated by the current owner. Upstairs unit consists of living/dining area, bedroom, full bath, kitchen and shows well. There are separate gas and electric meters. Gas hot water heaters are 3-4 yrs, furnaces 10 yrs, roof 15 yrs, windows new. This property is ready to sell! Located in NorthWest area of Prospect Avenue just doors away from 3rd Avenue. Upstairs tenant leaves 8/31/17 and downstairs unit is vacant.

Last Agent to Sell the Property

Connie King

Weichert Realtors-Ocean Listed on: 07/31/2017

Last Buyer's Agent

Jacob Smith

Ward Wight Sotheby's International Realty License #0560385

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50 x 150

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Stove
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Asbury Park Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for hot water, yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 04-01903-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,604

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • 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: 50 x 150
  • Location Middle School: Asbury Park
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 04-01903-0000-00011

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3604.0
  • Tax Other Annual Assessment Amount: 171900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2018
Sold by
Kerlin Jeffrey J and Kerlin Hyacinth Y
Bought by
Smith Jacob L
Current Estimated Value
$552,034

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 11, 2017
Sold by
Kerlin Jeffrey and Kerlin Hyacith Y
Bought by
Smith Jacob L
Seller's Agent
Connie King
Weichert Realtors-Ocean
Buyer's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Sold Price
$244,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$183,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Jacob L $244,000 Jersey Shore Title Services
Smith Jacob L $262,000 Jersey Shore Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jacob Lee $173,800
Closed Smith Jacob Lee $173,800
Previous Owner Smith Jacob L $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $244,000 -- --
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
2024 $6,955 $542,100 $373,800 $168,300
2023 $6,955 $449,900 $294,200 $155,700
2022 $5,284 $367,800 $226,300 $141,500
2021 $4,920 $334,400 $205,800 $128,600
2020 $4,920 $312,400 $197,000 $115,400
2019 $4,620 $280,000 $187,600 $92,400
2018 $4,348 $244,000 $168,500 $75,500
2017 $3,576 $171,900 $147,700 $24,200
2016 $3,604 $168,100 $144,700 $23,400
2015 $3,359 $151,700 $128,900 $22,800
2014 $3,238 $149,400 $144,400 $5,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Connie King

    Weichert Realtors-Ocean

  • Jacob Smith

    Buyer's Agent in 2017

    Jacob Smith

    Ward Wight Sotheby's International Realty

    (732) 567-0162

    4 in this area

    112 Total Sales

    Jacob Smith
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21729776

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-01903-0000-00011

New Jersey Monmouth County Asbury Park 07712

814 Prospect Ave, Asbury Park, NJ

This home is located at 814 Prospect Ave, Asbury Park, NJ 07712 since 31 July 2017 and is currently estimated at $552,034. This property was built in 1920. 814 Prospect 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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