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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
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    $3,125/mo

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    $3,125/mo

    Rent Zestimate®

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    $4,402/mo

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    $4,402/mo

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    What's special

    ?? 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!

    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

    DateEventPrice
    2/11/2026Sold$660,000-9.6%$508/sqft
    Source: Public Record Report a problem
    10/27/2025Listing removed$729,999$562/sqft
    Source: MoreMLS #22530125 Report a problem
    10/3/2025Listed for sale$729,999$562/sqft
    Source: MoreMLS #22530125 Report a problem
    9/27/2025Listing removed$729,999$562/sqft
    Source: MoreMLS #22508459 Report a problem
    8/27/2025Listed for sale$729,999$562/sqft
    Source: MoreMLS #22508459 Report a problem
    6/23/2025Listing removed--
    Source: Owner Report a problem
    3/26/2025Price change$729,999+1.4%$562/sqft
    Source: MoreMLS #22508459 Report a problem
    3/25/2025Listed for sale$720,000+67.4%$554/sqft
    Source: Owner Report a problem
    2/1/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/26/2023Price change$2,200-8.3%$2/sqft
    Source: Zillow Rentals Report a problem
    1/4/2023Price change$2,400-12.7%$2/sqft
    Source: Zillow Rentals Report a problem
    12/27/2022Listed for rent$2,750$2/sqft
    Source: Zillow Rentals Report a problem
    8/1/2022Sold$430,000+4.9%$331/sqft
    Source: MoreMLS #22213821 Report a problem
    5/24/2022Pending sale$409,900$315/sqft
    Source: MoreMLS #22213821 Report a problem
    5/16/2022Contingent$409,900$315/sqft
    Source: MoreMLS #22213821 Report a problem
    5/9/2022Listed for sale$409,900+156.2%$315/sqft
    Source: MoreMLS #22213821 Report a problem
    10/30/2018Sold$160,000-55.2%$123/sqft
    Source: Public Record Report a problem
    6/6/2007Sold$357,000+58.7%$275/sqft
    Source: Public Record Report a problem
    9/17/2003Sold$225,000$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
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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