NOT LISTED FOR SALE

936 Monroe Ave Asbury Park, NJ 07712

Estimated Value: $644,000 - $762,000

5 Beds
1 Bath
2,348 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $500,000 $213 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,492/month

107 Days on Market

About This Home

As of October 2021

Great Redeveloping SW Asbury Location! Near Public Transportation, Main Street & a Bike Ride to the Asbury Beachfront! Currently a 2 Family Home in need of some TLC. Make this Your HOME with Income of a 1 BR Unit or an Investment Property Located in the Sizzling Asbury Park! Rent Roll is coming Soon. Both Units Tenant Occupied.

Last Agent to Sell the Property

Mike Mennie

Pittenger Realty LLC License #9591043 Listed on: 05/04/2021

Co-Listed By

Jerel Stewart

Pittenger Realty LLC

Last Buyer's Agent

Jerel Stewart

NextHome Realty Premier Properties License #1538880

NextHome Realty Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75 x 100

Home Design

  • Duplex

Interior Spaces

  • 2,348 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Crawl Space

Schools

  • Asbury Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 04-00506-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,191

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 2151
  • Co List Office Phone: 732-775-3300
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Full, Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Tenants Personal Property

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 75 x 100
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00506-0000-00001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5191.0
  • Tax Other Annual Assessment Amount: 329600.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Oct 14, 2021
Sold by
Baldwin Mamie
Bought by
Kumar Sushil and Jain Nikesh
Seller's Agent
Mike Mennie
Pittenger Realty LLC
Buyer's Agent
Jerel Stewart
NextHome Realty Premier Properties
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$693,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,559
Avg. Annual Appreciation
8.87%
Original Mortgage
$375,000
Outstanding Balance
$290,743
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$402,816
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
Kumar Sushil $500,000 Golden Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Sushil $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $500,000 0.0% $213 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $499,900 -- $213 / 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 $8,900 $581,900 $263,000 $318,900
2024 $8,045 $562,600 $237,000 $325,600
2023 $8,045 $520,400 $193,500 $326,900
2022 $5,810 $460,500 $161,200 $299,300
2021 $5,810 $367,700 $146,500 $221,200
2020 $5,191 $329,600 $140,000 $189,600
2019 $4,547 $275,600 $133,400 $142,200
2018 $4,225 $237,100 $121,300 $115,800
2017 $4,776 $229,600 $98,300 $131,300
2016 $4,728 $220,500 $93,300 $127,200
2015 $4,683 $211,500 $87,500 $124,000
2014 $4,204 $194,000 $87,500 $106,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Mennie

    Seller's Agent in 2021

    Mike Mennie

    Pittenger Realty LLC

    (732) 539-1687

    7 in this area

    78 Total Sales

    Mike Mennie
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jerel Stewart

    Pittenger Realty LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22113713

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00506-0000-00001

New Jersey Monmouth County Asbury Park 07712

936 Monroe Ave, Asbury Park, NJ

This home is located at 936 Monroe Ave, Asbury Park, NJ 07712 since 04 May 2021 and is currently estimated at $693,559, approximately $295 per square foot. This property was built in 1920. 936 Monroe 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.

Nearby Homes