For sale

$875,000

1315 Summerfield Ave, Asbury Park, NJ 07712

9beds

3baths

2,798sqft

$5,543/mo

Get pre-qualified

Multi Family

Built in 1925

-- sqft lot

$850,000 Zestimate^®

$313/sqft

$-- HOA

What's special

Galley-style kitchenOne bathroomTwo bedrooms

This three-family home in Asbury Park, New Jersey, presents a great investment opportunity. Apartments 1 and 2 are located on the first floor. Apartment 1 has been fully renovated and features two bedrooms, one bathroom, and a galley-style kitchen. The unit is currently vacant and ready for immediate occupancy or rental. Apartment 2 offers three bedrooms and one bathroom and is currently tenant-occupied. Apartment 3 is located on the second floor and features four bedrooms and one bathroom and is also currently rented. With two income-producing units and one newly renovated vacant apartment, this property offers excellent potential for both investors and owner-occupants.

3 days

370

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3

Heating

See Remarks

Cooling

Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)

Appliances

Included: Water Heater(Gas), Water Heater

Features

Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath), Unit 3(4 Bedrooms, Kitchen, Living Room)
Basement: Full, Utility Room

Interior area

Total structure area: 2,798
Total interior livable area: 2,798 sqft

Property

Parking

Parking features: On Street

Features

Stories: 2
Patio & porch: Porch
Exterior features: Porch

Lot

Size: 5,050 Square Feet
Dimensions: 101.00 x 50.00
Features: See Remarks

Details

Parcel number: 0401303000000039
Zoning: MF08

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1925

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Asbury Park

Financial & listing details

Price per square foot: $313/sqft
Tax assessed value: $523,900
Annual tax amount: $9,179
Date on market: 8/18/2026
Ownership: See Remarks

Estimated market value

$850,000

$808,000 - $893,000

$5,231/mo

Price history

Date	Event	Price
8/18/2026	Listed for sale	$875,000+250%$313/sqft
Source: MoreMLS #22625764 Report a problem
6/13/2012	Sold	$250,000+443.5%$89/sqft
Source: Public Record Report a problem
9/16/2009	Sold	$46,000$16/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,288 +1.1%	$523,900 +1.1%
2024	$8,196 +10%	$518,100 +7.5%
2023	$7,453 +14.7%	$482,100 +15.5%
2022	$6,500 +17.7%	$417,500 +19.4%
2021	$5,524 +34.9%	$349,600 +15.6%
2020	$4,094 +9.4%	$302,300 +21.8%
2019	$3,742	$248,100 +18.1%
2018	$3,742 -25.2%	$210,000 -15.5%
2017	$5,004 +0.4%	$248,500 +6.5%
2016	$4,986 +7.3%	$233,400 +3.6%
2015	$4,648 -25.3%	$225,200 +5%
2014	$6,224 +6.8%	$214,500 +104.1%
2012	$5,829 +6.2%	$105,100
2011	$5,487 +5.9%	$105,100
2010	$5,182 +2.5%	$105,100
2009	$5,057	$105,100
2008	--	$105,100
2007	--	$105,100
2006	--	$105,100