Sold for $640,000

$640,000

394 Monmouth Avenue, Leonardo, NJ 07737

5beds

2,186sqft

Single Family Residence

Built in 1918

9,583 Square Feet Lot

$862,800 Zestimate^®

$293/sqft

$3,889 Estimated rent

Home value

$862,800

$768,000 - $966,000

$3,889/mo

Zestimate^® history

Owner options

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$3,889/mo

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$3,889/mo

Rent Zestimate^®

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$4,289/mo

Est. payment

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$4,289/mo

Est. payment

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What's special

Exciting Opportunity in Desirable Leonardo! Don't miss this spacious and versatile Mother/daughter Cape Cod-style home situated on a generous lot in a charming neighborhood. The main home features 3 bedrooms, 2 full baths, and a deck that leads to a large, private backyard—perfect for outdoor entertaining or relaxing. This unique property includes a grand 2-bedroom, 2-bath apartment with its own private deck and oversized garage—ideal for multigenerational living, or flexible use as a home office, gym, creative studio, media room, or in-law suite. The possibilities are endless! Located just minutes from the Jersey Shore's beautiful beaches, top-rated schools, shopping, dining, and the Seastreak Fast Ferry to NYC

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Forced Air

Cooling

None

Features

Flooring: Laminate, Other
Basement: Unfinished

Interior area

Total structure area: 2,186
Total interior livable area: 2,186 sqft

Property

Parking

Total spaces: 2
Parking features: Asphalt, Driveway, Off Street
Garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 9,583 Square Feet
Dimensions: 75 x 125

Details

Parcel number: 320035000000000401
Zoning description: Residential, Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Mother/Daughter
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1918

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Leonardo

Financial & listing details

Price per square foot: $293/sqft
Tax assessed value: $686,700
Annual tax amount: $9,513
Date on market: 10/23/2025
Inclusions: Window Treatments, Blinds/Shades, Microwave, Stove, Refrigerator, Attic Fan, Gas Cooking
Exclusions: Personal Items.

Price history

Date	Event	Price
7/8/2026	Listing removed	$2,500$1/sqft
Source: Zillow Rentals Report a problem
7/2/2026	Listed for rent	$2,500-7.4%$1/sqft
Source: Zillow Rentals Report a problem
11/25/2025	Sold	$640,000-1.4%$293/sqft
Source: MoreMLS #22532204 Report a problem
10/31/2025	Pending sale	$649,000$297/sqft
Source: MoreMLS #22532204 Report a problem
10/23/2025	Listed for sale	$649,000+123%$297/sqft
Source: MoreMLS #22532204 Report a problem
4/24/2019	Sold	$291,000-3%$133/sqft
Source: MoreMLS #21845615 Report a problem
2/1/2019	Price change	$299,900-6.3%$137/sqft
Source: VRI Homes #21845615 Report a problem
1/5/2019	Price change	$319,900-5.9%$146/sqft
Source: VRI Homes #21845615 Report a problem
11/30/2018	Listed for sale	$339,900-5.6%$155/sqft
Source: VRI Homes #21845615 Report a problem
5/17/2018	Listing removed	$2,700$1/sqft
Source: Renters Warehouse Report a problem
4/24/2018	Listed for rent	$2,700$1/sqft
Source: Renters Warehouse Report a problem
2/6/2018	Listing removed	$359,900$165/sqft
Source: CENTURY 21 Mack-Morris Iris Lurie Inc #21731907 Report a problem
12/29/2017	Price change	$359,900-5.3%$165/sqft
Source: CENTURY 21 Mack-Morris Iris Lurie Inc #21731907 Report a problem
11/13/2017	Price change	$379,900-5%$174/sqft
Source: CENTURY 21 Mack-Morris Iris Lurie Inc #21731907 Report a problem
10/5/2017	Price change	$399,900-2.4%$183/sqft
Source: CENTURY 21 Mack-Morris Iris Lurie Inc #21731907 Report a problem
8/15/2017	Listed for sale	$409,900+18.2%$188/sqft
Source: C21/ Mack Morris Iris Lurie #21731907 Report a problem
11/22/2016	Sold	$346,879+6.7%$159/sqft
Source: Public Record Report a problem
9/3/2012	Listing removed	$325,000$149/sqft
Source: Heritage House Sotheby's Int'l #21130426 Report a problem
8/11/2011	Listed for sale	$325,000+190.2%$149/sqft
Source: Heritage House Sotheby's Int'l #21130426 Report a problem
10/1/1993	Sold	$112,000$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,296 +18.7%	$686,700 +18.7%
2024	$9,513 +8.6%	$578,300 +14.7%
2023	$8,761 +10%	$504,100 +19.2%
2022	$7,965 -1.8%	$423,000 +8.5%
2021	$8,110 +13.2%	$389,900 +14%
2020	$7,162 +39.1%	$342,000 +0.9%
2019	$5,150	$339,100 +6.8%
2018	$5,150 -28.7%	$317,600 +1.7%
2017	$7,224 +0.2%	$312,200 -4.9%
2016	$7,208 +2.5%	$328,200 +0.5%
2015	$7,029 +2.2%	$326,600 +5.2%
2014	$6,877 +1.5%	$310,600
2013	$6,777 +1%	$310,600
2012	$6,712 +4.5%	$310,600
2011	$6,423 +3.9%	$310,600 -10%
2010	$6,184 +16.6%	$345,300
2009	$5,306	$345,300 +155.8%
2008	--	$135,000
2007	--	$135,000
2006	--	$135,000
2005	--	$135,000
2003	--	$135,000 +0.4%
2002	--	$134,400
2001	--	$134,400