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Off market
  • $556,700

    1509 Summerfield Ave, Asbury Park, NJ 07712

    4beds
    0baths
    1,592sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $556,700 Zestimate®
    $350/sqft
    $3,360 Estimated rent

    Home value

    $556,700

    $495,000 - $618,000

    $3,360/mo

    Zestimate® history
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    $3,741/mo

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    What's special

    IDEAL INVESTMENT PROPERTY in Red Hot Asbury Park! Great opportunity to own this classic style stucco home with great bones! High ceilings, crown molding, and built-in cabinet on first floor. Home needs cosmetic work, but all major items have been updated: heating system, duct work, hot water tanks, electric, and windows. This multi-family offers two units for double the income: First floor unit has 1 bed/1 bath and 2nd unit has two floors with 3 beds/1 bath.There's also a full basement with exterior access, 1.5 car garage, fenced yard, and multi-level back porch. House is being sold, ''AS IS.'' Buyer responsible for CO. Both units are Tenant occupied, must give 24 hours notice. Recent price reduction. Owner says SELL..Make all offers known. Don't miss out, call for an appointment today!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Full, Walk-Out Access
    Interior area
    • Total interior livable area: 1,592 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Stucco
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 0401403000000016

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Asbury Park

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $401,100
    • Annual tax amount: $6,345
    • Date available: 08/29/2020
    • Exclusions: TENANTS PERSONAL PROPERTY

    Price history

    DateEventPrice
    1/19/2021Sold$291,000-6.9%$183/sqft
    Source: MoreMLS #22028605 Report a problem
    12/16/2020Pending sale$312,500$196/sqft
    Source: Signature Properties #22028605 Report a problem
    12/16/2020Contingent$312,500$196/sqft
    Source: MoreMLS #22028605 Report a problem
    10/17/2020Price change$312,500-4.1%$196/sqft
    Source: Berkshire Hathaway HomeServices Signature Properties #22028605 Report a problem
    9/4/2020Price change$326,000-5.9%$205/sqft
    Source: Berkshire Hathaway HomeServices Signature Properties #22028605 Report a problem
    8/16/2020Listed for sale$346,444+11.8%$218/sqft
    Source: Berkshire Hathaway HomeServices Signature Properties #22028605 Report a problem
    1/3/2006Sold$310,000+55%$195/sqft
    Source: Public Record Report a problem
    2/14/2005Sold$200,000$126/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,345 +2.1%$401,100 +2.1%
    2024$6,214 +9.8%$392,800 +7.3%
    2023$5,658 +16%$366,000 +16.8%
    2022$4,878 +11%$313,300 +12.7%
    2021$4,394 +31%$278,100 +16.1%
    2020$3,354 +7.3%$239,600 +17.9%
    2019$3,126 $203,300 +15.9%
    2018$3,126 -8.9%$175,400 +2.8%
    2017$3,433 +0.8%$170,600 +6.6%
    2016$3,405 +9%$160,100 +4.1%
    2015$3,125 -33.1%$153,800 +6.7%
    2014$4,672 +6.8%$144,200 +82.8%
    2012$4,376 $78,900
    2006-- $78,900
    2005-- $78,900
    2003-- $78,900
    2002-- $78,900 +15.4%
    2001-- $68,400
    Find assessor info on the county website

    Neighborhood: 07712

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bangs Avenue
    • Middle: Martin Luther King Jr. Middle School
    • High: Asbury Park

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $556,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $556,700