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Sold for $483,000
  • $483,000

    398 Monmouth Avenue, Leonardo, NJ 07737

    3beds
    --sqft
    Multiple Buildings
    Built in 1908
    -- sqft lot
    $510,400 Zestimate®
    $--/sqft
    $2,855 Estimated rent

    Home value

    $510,400

    $470,000 - $556,000

    $2,855/mo

    Zestimate® history
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    What's special

    Eat-in kitchenRanch style homeExtremely long driveway
    RARE find 2 HOMES COMPLETELY DETACHED ON THE SAME LOT.ONE FACES MONMOUTH AVE a ranch style home w/a walkway up to the front door & walkway to a side entry. Living/Dining room combo w/eat-in Kitchen,2 bedrooms,1 full bath & a basement. THE OTHER HOME FACES CENTER AVE a ranch style home with a side entrance door w/Living/Din room combo, Kitchen,1 bedroom,1 bath. LOT is 25' width & 250' depth. Property is owned from Monmouth Ave to Center Ave one large rectangular lot. BOTH Homes are in move in condition & sit on beautiful streets. Lot is treed, private, & w/both homes adjoining a backyard together. Home that enters off Center Ave has an extremely long driveway. Both homes are move in ready plus renters recently left June - lease expired May & they were month to month before leaving in June Separate gas & electric BUT a shared public water and public sewer bill that is not separated. Current front home renter off Monmouth Ave had rented for over 20 plus years and pays $1,650 per month for a 2 bedroom, 1 bath, Kitchen, Liv/Din rm combo PLUS/a basement. Rent could possibly be over $2,500, landlord rarely raised the rent because tenant was an awesome renter! This price for rent is an estimate with the home fully updated you can get close to this rental price. You might get more or less depending upon condition of home. The fact that is completely detached will make it more sought after. Also, if there are not a lot of rentals available that can help in getting more for the rental of the home. Home that enters off Center Ave paid $975 per month for a 1 bedroom 1 bath, Kitchen, Liv/Din rm combo w/a crawl space. Rent if NOT fully updated and minimally fixed up could possibly be rented for $1,500 per month, landlord rarely raised rent because tenant was an awesome renter for the last 10 years. If the 1 Bedroom was fully renovated, you could possibly get $2,250 for rent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Lundberg 732-766-2203,

    C21/ Action Plus Realty

    Bought with:

    Desiree Rava

    Keller Williams Realty Ocean Living

    Source: MoreMLS,MLS#: 22513016MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Other
    Features
    • Basement: Finished,Crawl Space

    Property

    Parking
    • Parking features: See Remarks, On Street, None
    Features
    • Stories: 1
    • Has private pool: Yes
    • Pool features: See Remarks
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 25 x 250
    Details
    • Parcel number: 3200350000000007

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multiple Buildings
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Leonardo

    Financial & listing details

    • Tax assessed value: $455,700
    • Annual tax amount: $6,129
    • Date on market: 5/4/2025

    Price history

    DateEventPrice
    12/10/2025Listing removed$2,675
    Source: MoreMLS #22533035 Report a problem
    12/8/2025Price change$2,675-2.7%
    Source: MoreMLS #22533035 Report a problem
    10/31/2025Listed for rent$2,750
    Source: MoreMLS #22533035 Report a problem
    10/17/2025Sold$483,000-3.4%
    Source: MoreMLS #22513016 Report a problem
    8/8/2025Pending sale$500,000
    Source: MoreMLS #22513016 Report a problem
    7/17/2025Price change$500,000-3.7%
    Source: MoreMLS #22513016 Report a problem
    6/20/2025Price change$519,000-5.6%
    Source: MoreMLS #22513016 Report a problem
    5/4/2025Listed for sale$550,000+292.9%
    Source: MoreMLS #22513016 Report a problem
    12/5/2000Sold$140,000+268.4%
    Source: Public Record Report a problem
    1/14/2000Sold$38,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,496 +22.3%$455,700 +22.3%
    2024$6,129 +1.7%$372,600 +7.4%
    2023$6,029 +5.2%$346,900 +13.9%
    2022$5,734 +2%$304,500 +12.7%
    2021$5,622 +7.5%$270,300 +8.6%
    2020$5,231 +14.8%$249,000 +0.5%
    2019$4,557 $247,700 +17.8%
    2018$4,557 +7.5%$210,300 +1.7%
    2017$4,239 -0.1%$206,800 +7.4%
    2016$4,244 +1.8%$192,600 +0.2%
    2015$4,171 +2.2%$192,300 +4.3%
    2014$4,080 +1.5%$184,300
    2013$4,021 +1%$184,300
    2012$3,983 +1.1%$184,300
    2011$3,938 +3.9%$184,300 -12.9%
    2010$3,792 +13.8%$211,700
    2009$3,333 $211,700 +149.6%
    2008-- $84,800
    2007-- $84,800
    2006-- $84,800
    2005-- $84,800
    2003-- $84,800
    2002-- $84,800
    2001-- $84,800
    Find assessor info on the county website

    Neighborhood: 07737

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $510,400
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    Estimated market value
    $510,400