?? Turn-Key 2-Family Investment Property – Fully Renovated & Income-Producing!
?? Great for Investors!
This fully renovated multi-family home features 2 occupied units, each with stable tenants already in place.
?? Unit 1:
3 Bedrooms / 1 Bathroom
Rented for $3,500/month
Spacious layout, modern finishes
?? Unit 2:
2 Bedrooms / 1 Bathroom
Rented for $2,200/month
Bright, open-concept design
? Both units include:
Brand-new appliances
Fully updated kitchens and bathrooms
Beautiful flooring and finishes throughout
?? Property Features:
Private backyard
Full basement
Off-street parking space
Separate utilities
With $5,700/month in rental income, this is a perfect turn-key investment opportunity with excellent cash flow from day one.
?? Contact now to schedule a private showing or for more info!
Sold for $660,000
$660,000
1512 Summerfield Ave, Asbury Park, NJ 07712
2beds
1,300sqft
MultiFamily
Built in 1921
-- sqft lot
$708,200 Zestimate®
$508/sqft
$3,125 Estimated rent
Home value
$708,200
$652,000 - $772,000
$3,125/mo
Zestimate® history
Owner options
List your home for rent
$3,125/mo
Rent Zestimate®
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$3,125/mo
Rent Zestimate®
Refinance and save
$4,402/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,402/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Other
Appliances
- Laundry: None
Interior area
- Total interior livable area: 1,300 sqft
Property
Parking
- Parking features: Off-street
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 0401404000000007
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1921
Community & HOA
Location
- Region: Asbury Park
Financial & listing details
- Price per square foot: $508/sqft
- Tax assessed value: $422,800
- Annual tax amount: $6,689
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Sold | $660,000-9.6%$508/sqft |
Source: Public Record Report a problem | ||
| 10/27/2025 | Listing removed | $729,999$562/sqft |
Source: | ||
| 10/3/2025 | Listed for sale | $729,999$562/sqft |
Source: | ||
| 9/27/2025 | Listing removed | $729,999$562/sqft |
Source: | ||
| 8/27/2025 | Listed for sale | $729,999$562/sqft |
Source: | ||
| 6/23/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/26/2025 | Price change | $729,999+1.4%$562/sqft |
Source: | ||
| 3/25/2025 | Listed for sale | $720,000+67.4%$554/sqft |
Source: Owner Report a problem | ||
| 2/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/26/2023 | Price change | $2,200-8.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2023 | Price change | $2,400-12.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/27/2022 | Listed for rent | $2,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2022 | Sold | $430,000+4.9%$331/sqft |
Source: | ||
| 5/24/2022 | Pending sale | $409,900$315/sqft |
Source: | ||
| 5/16/2022 | Contingent | $409,900$315/sqft |
Source: | ||
| 5/9/2022 | Listed for sale | $409,900+156.2%$315/sqft |
Source: | ||
| 10/30/2018 | Sold | $160,000-55.2%$123/sqft |
Source: Public Record Report a problem | ||
| 6/6/2007 | Sold | $357,000+58.7%$275/sqft |
Source: Public Record Report a problem | ||
| 9/17/2003 | Sold | $225,000$173/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,689 +1.8% | $422,800 +1.8% |
| 2024 | $6,570 +19.4% | $415,300 +16.7% |
| 2023 | $5,504 +16.8% | $356,000 +17.6% |
| 2022 | $4,711 +15% | $302,600 +16.7% |
| 2021 | $4,095 +31.6% | $259,200 +16.3% |
| 2020 | $3,112 +7.3% | $222,800 +18.1% |
| 2019 | $2,899 | $188,600 +15.9% |
| 2018 | $2,899 +3.1% | $162,700 +15.9% |
| 2017 | $2,813 +1.1% | $140,400 +7% |
| 2016 | $2,783 +7.5% | $131,200 +4.4% |
| 2015 | $2,590 -35.2% | $125,700 +5.2% |
| 2014 | $3,997 +6.8% | $119,500 +77% |
| 2012 | $3,744 | $67,500 |
Find assessor info on the county website
Neighborhood: 07712
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Nearby schools
GreatSchools rating
- 2/10Thurgood Marshall Primary SchoolGrades: PK-2Distance: 0.3 mi
- 2/10Dr. Martin Luther King Middle SchoolGrades: 7-8Distance: 0.5 mi
- 3/10Asbury Park High SchoolGrades: 9-12Distance: 0.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$708,200
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
$708,200
- New Jersey
- Monmouth County
- Asbury Park
- 07712
- 1512 Summerfield Ave