For sale

$649,900

40 Avenel St, Avenel, NJ 07001

3beds

2baths

1,150sqft

$4,352/mo

Get pre-qualified

Multi Family

Built in 1936

-- sqft lot

$554,400 Zestimate^®

$565/sqft

$-- HOA

What's special

Private parking areaPlentiful off-street parkingFull basementHardwood floors throughoutLaundry areaTwo bedrooms

Income producing two-family home in excellent condition with numerous value-add upgrades. The first-floor unit offers two bedrooms with a full basement and laundry area. The second-floor unit is a one-bedroom with a bonus loft area perfect for recreation. Both units have hardwood floors throughout. The property offers a private parking area with plentiful off-street parking. Located in the heart of Avenel near local shopping and dining attractions within close proximity to all major public transportation.

14 hours
47
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Baseboard, Radiant, Central

Cooling

Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit)

Appliances

Included: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

Features

Unit 1(2 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, Laundry Hookup, 1 Bath, Living Room, Den/Family Room)
Basement: Full, Daylight, Storage Space, Tenant Use, Laundry Facilities

Interior area

Total structure area: 1,150
Total interior livable area: 1,150 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: 1-2 Car Parking

Accessibility

Accessibility features: Unit 1 Accessibility Features, Unit 2 Accessibility Features

Features

Stories: 2
Exterior features: Yard

Lot

Size: 5,000 Square Feet
Dimensions: 100.00 x 50.00
Features: Near Shopping, Near Train, Corner Lot, Near Public Transit

Details

Parcel number: 25008591300027
Zoning: R-6/2F

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1936

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Avenel

Financial & listing details

Price per square foot: $565/sqft
Tax assessed value: $61,600
Annual tax amount: $779,548
Date on market: 11/6/2026
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

$554,400

$499,000 - $615,000

$2,677/mo

Price history

Date	Event	Price
11/6/2026	Listed for sale	$649,900+18.2%$565/sqft
Source: All Jersey MLS #2707117R Report a problem
10/14/2025	Listing removed	$1,975$2/sqft
Source: Zillow Rentals Report a problem
10/6/2025	Sold	$550,000$478/sqft
Source: MoreMLS #22524615 Report a problem
9/24/2025	Listed for rent	$1,975$2/sqft
Source: Zillow Rentals Report a problem
8/27/2025	Contingent	$550,000$478/sqft
Source: All Jersey MLS #2601708R Report a problem
8/27/2025	Pending sale	$550,000$478/sqft
Source: MoreMLS #22524615 Report a problem
8/14/2025	Listed for sale	$550,000+103.7%$478/sqft
Source: MoreMLS #22524615 Report a problem
10/31/2014	Sold	$270,000+134.8%$235/sqft
Source: Public Record Report a problem
5/13/1994	Sold	$115,000$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,167	$61,600
2024	$7,167 +2.2%	$61,600
2023	$7,011 +2.6%	$61,600
2022	$6,835 +0.8%	$61,600
2021	$6,779 +0.2%	$61,600
2020	$6,762 +4.6%	$61,600
2019	$6,468	$61,600
2018	$6,468 +2.7%	$61,600
2017	$6,299 +1.7%	$61,600
2016	$6,193 +2.2%	$61,600
2015	$6,060 +1.6%	$61,600
2014	$5,964 +2.9%	$61,600
2013	$5,798	$61,600