Excellent opportunity for the right investor. Rents are way below market value. Each apartment has separate meters for Gas, and Electric. Owner pays water (approx $120/mo), sewer (approx $800.00 in 2022) , plus electric meter for common electric. 1st floor and 3rd floor apartments have new gas FHA heating systems. 1st floor tenant is on a lease till 3/30/24 (section 8); other tenants are month to month.
Sold for $825,000
$825,000
22 Dewitt Avenue, Asbury Park, NJ 07712
6beds
2,290sqft
Multi Family
Built in 1935
-- sqft lot
$814,300 Zestimate®
$360/sqft
$3,459 Estimated rent
Home value
$814,300
$741,000 - $888,000
$3,459/mo
Zestimate® history
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$5,556/mo
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Zillow last checked:
Listing updated:
Listed by:
James G Giannell 732-741-8211,
New Markets Realty Inc
Bought with:
James Giannell
New Markets Realty Inc
Source: MoreMLS,MLS#: 22311936
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Baseboard
Cooling
- Other
Features
- Windows: Thermal Window
- Basement: Walk-Out Access,Full
Interior area
- Total structure area: 2,290
- Total interior livable area: 2,290 sqft
Property
Parking
- Parking features: Off Street, None
Features
- Stories: 3
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
- Features: Level
Details
- Parcel number: 0400903000000028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Asbury Park
Financial & listing details
- Price per square foot: $360/sqft
- Tax assessed value: $479,000
- Annual tax amount: $6,178
- Date on market: 5/4/2023
- Tenant pays: Hot Water, Water, Heat, Gas, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $825,000-2.9%$360/sqft |
Source: Public Record Report a problem | ||
| 12/12/2024 | Listing removed | $849,999$371/sqft |
Source:  MoreMLS #22425330 Report a problem | ||
| 11/22/2024 | Price change | $849,999-5.6%$371/sqft |
Source: MoreMLS #22425330 Report a problem | ||
| 9/1/2024 | Listed for sale | $900,000+51%$393/sqft |
Source: MoreMLS #22425330 Report a problem | ||
| 7/24/2023 | Sold | $596,000-2.3%$260/sqft |
Source: MoreMLS #22311936 Report a problem | ||
| 6/19/2023 | Pending sale | $609,900$266/sqft |
Source: MoreMLS #22311936 Report a problem | ||
| 6/19/2023 | Listed for sale | $609,900$266/sqft |
Source: MoreMLS #22311936 Report a problem | ||
| 5/30/2023 | Contingent | $609,900$266/sqft |
Source: MoreMLS #22311936 Report a problem | ||
| 5/4/2023 | Listed for sale | $609,900+486.4%$266/sqft |
Source: MoreMLS #22311936 Report a problem | ||
| 4/24/2002 | Sold | $104,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,578 +1.2% | $479,000 +1.2% |
| 2024 | $7,488 +18.7% | $473,300 +16% |
| 2023 | $6,308 +2.1% | $408,000 +2.8% |
| 2022 | $6,178 +15.7% | $396,800 +17.4% |
| 2021 | $5,339 +37.1% | $337,900 +17% |
| 2020 | $3,894 +8% | $288,900 +22.4% |
| 2019 | $3,605 | $236,000 +16.5% |
| 2018 | $3,605 -7.3% | $202,500 +4.7% |
| 2017 | $3,887 0% | $193,500 +6.7% |
| 2016 | $3,888 +6.9% | $181,300 +3.2% |
| 2015 | $3,638 -32.6% | $175,600 +4.6% |
| 2014 | $5,395 +6.8% | $167,900 +84.3% |
| 2012 | $5,052 | $91,100 |
Find assessor info on the county website
Neighborhood: 07712
Nearby homes
- $--2 bd1 ba-- sqft22 Dewitt Ave FLOOR 1, Asbury Park, NJ 07712Off Market
- $511,5004 bd2 ba1.4k sqft20 De Witt Ave, Asbury Park, NJ 07712Off Market
- $355,9003 bd1 ba1.1k sqft18 De Witt Ave, Asbury Park, NJ 07712Off Market
- $285,0004 bd1 ba1.2k sqft26 De Witt Ave, Asbury Park, NJ 07712Sold
- $392,1003 bd2 ba1.2k sqft16 De Witt Ave, Asbury Park, NJ 07712Off Market
- $407,1003 bd2 ba1.8k sqft30 De Witt Ave, Asbury Park, NJ 07712Off Market
- $520,0004 bd3 ba1.9k sqft34 De Witt Ave, Asbury Park, NJ 07712Sold
- $439,1003 bd3 ba1.9k sqft32 De Witt Ave, Asbury Park, NJ 07712Off Market
Nearby schools
GreatSchools rating
- 2/10Thurgood Marshall Primary SchoolGrades: PK-2Distance: 0.7 mi
- 2/10Dr. Martin Luther King Middle SchoolGrades: 7-8Distance: 0.3 mi
- 3/10Asbury Park High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- High: Asbury Park
Source: MoreMLS. 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
$814,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$814,300
- New Jersey
- Monmouth County
- Asbury Park
- 07712
- 22 Dewitt Avenue
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