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$999900   Price Analysis
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611 3rd Ave
Asbury Park, NJ 07712
8 bed 3 bath 3237 SqFt ($308/SqFt)
7405SqFt lot. Built 1930
Listed 2024-05-15, Taxes $11641
Ⓧ USDA Ineligible
due to price & location

near Asbury Park

Only a few blocks to the beach !

* Sale Pending *

Property needs renovation but fabulous potential . 1st floor apartment in front house is approx 883 SF and contains 2 BRs, Kit, LR and enclosed porch. Two lvel apartment on 2nd and 3rd floor (approx 1, 126 SF) containing 3 BR's, LR, DR and Kit. House in rear (613 3rd Ave) is approx 1, 230 SF consisting of 3 BR's, LR-DR combo, & Kit.

Each unit has separate gas & elec meters. Owner pays Water & Sewer (2023 sewer co st = $1, 872.). Asbury Park has a Rent Control Ordinance, however; vacant units can be rented at market value (vacancy decontrol). Tenants are moving. Landlord should be able to deliver the premises vacant. Being sold strictly ''AS IS''. Buyer to obtain any and all documentation required to ''Close'' this transaction.


Presented by James Giannell at
New Markets Realty Inc.


Property MLS #22413581 from MoreMLS

Bedrooms: 8

Total Bathrooms: 3
Full Bathrooms: 3

Basement Features: Crawl Space, Full

Heating Features: Forced Air
Heating: Yes

Flooring: Wood, Linoleum

Lot Description: Level
Lot Size Acres: 0.17
Lot Size Dimensions: 50 x 150
Lot Size Square Feet: 7405

Parking Total: 3

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 5

High School: Asbury Park

Asbury Park High School is a public middle and high school located approximately 0.4 miles away.
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Hope Academy Charter School is a public elementary and middle school located approximately 0.4 miles away.
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Our Lady Of Mt Carmel School is a private elementary and middle school located approximately 0.5 miles away.
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Tenant Pays: Hot Water, Heat, Gas, Electricity

Annual Tax Amount: 11641
Source Listing Status: Pending
County: Monmouth
Directions: Main Street (Rt 71) or Grand Avenue to 3rd Avenue
Tax Year: 2023
Source Property Type: Multi-Family
Area: NE Asbury Pk
MLS Area Minor: Asbury Park (ASB)
Source Neighborhood: NE Asbury Pk
Owner Pays: Water, Sewer
Parcel Number: 04-02806-0000-00016
Zoning Description: Residential
Property Subtype: Three Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$392300 + $360700
$753000
$11641
2022$356600 + $300500
$657100
$10231
2021$336600 + $273200
$609800
$9634
2020$306200 + $260000
$566200
$8917
2019$260100 + $247600
$507700
$8377
2018$230500 + $226400
$456900
$8141
2017$198700 + $193500
$392200
$8157
2016$199000 + $178500
$377500
$8093
2015$193900 + $173500
$367400
$8134
2014$128400 + $208500
$336900
$7300
2013$101300 + $30000
$131300
$7775
2012$101300 + $30000
$131300
$7364
2011$101300 + $30000
$131300
$7281
2010$101300 + $30000
$131300
$6855
2009$101300 + $30000
$131300
$6474
2008$101300 + $30000
$131300
$6070
2007$101300 + $30000
$131300
$6070

Listed 2024-05-15
$999900
MoreMLS
Sold 1995-07-17
$54500
Public Record
Sold 1987-09-29
$105000
Public Record
Sold 1987-04-06
$25000
Public Record
Sold 1980-04-01
$42000
Public Record

Year Built: 1930
Building Area Total: 3237
Property Age: 94
Roof: Shingle

Sewer: Public Sewer
Water Source: Public

Disabled Access: No
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.