Investment opportunity in Asbury Park! This 2 family home is set on a large lot and offers a newer roof and updates throughout. The first floor (Unit 1) offers 3 bedrooms, 2 full bathrooms (including a primary suite), newer kitchen, dining area, bright and open living space and dedicated laundry room. The second floor unit (Unit 2) offers 3 bedrooms and 1 full bathroom. This property is ideal for investors looking to step into a solid and well maintained multi famliy, fully rented and well operating investment. Inquire for more info and make your plans to check it out today!
Sold for $599,900
$599,900
48 Ridge Avenue, Asbury Park, NJ 07712
6beds
3,000sqft
Duplex
Built in 1960
-- sqft lot
$801,800 Zestimate®
$200/sqft
$3,491 Estimated rent
Home value
$801,800
$738,000 - $874,000
$3,491/mo
Zestimate® history
Owner options
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$3,491/mo
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$3,491/mo
Rent Zestimate®
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$3,963/mo
Est. payment
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$3,963/mo
Est. payment
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List your homeWhat's special
Newer kitchenDining areaLarge lotDedicated laundry roomNewer roof
Zillow last checked:
Listing updated:
Listed by:
Robert N Lange 732-300-4307,
RE/MAX Gateway,
Robert Kosinski 732-996-7448,
RE/MAX Gateway
Bought with:
Ivonne Nieves, 2079038
RE/MAX Revolution
Source: MoreMLS,MLS#: 22506096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Other
Features
- Basement: Slab
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 135
Details
- Parcel number: 0400902000000031
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Asbury Park
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Sold | $599,900$200/sqft |
Source:  MoreMLS #22506096 Report a problem | ||
| 7/16/2025 | Pending sale | $599,900$200/sqft |
Source: MoreMLS #22506096 Report a problem | ||
| 5/28/2025 | Price change | $599,900-7.7%$200/sqft |
Source: MoreMLS #22506096 Report a problem | ||
| 4/23/2025 | Price change | $649,900-7.1%$217/sqft |
Source: MoreMLS #22506096 Report a problem | ||
| 4/9/2025 | Price change | $699,900+9.4%$233/sqft |
Source: MoreMLS #22506096 Report a problem | ||
| 3/21/2025 | Pending sale | $639,900$213/sqft |
Source: MoreMLS #22506096 Report a problem | ||
| 3/5/2025 | Listed for sale | $639,900+172.3%$213/sqft |
Source: MoreMLS #22506096 Report a problem | ||
| 6/18/2020 | Sold | $235,000+17.5%$78/sqft |
Source: MoreMLS #22000521 Report a problem | ||
| 1/13/2020 | Pending sale | $200,000$67/sqft |
Source: Keller Williams Realty West Monmouth #22000521 Report a problem | ||
| 1/4/2020 | Listed for sale | $200,000+21.2%$67/sqft |
Source: Keller Williams Realty West Monmouth #22000521 Report a problem | ||
| 2/25/2016 | Listing removed | $1,700$1/sqft |
Source: Coldwell Banker Res. Brokerage #21602450 Report a problem | ||
| 10/30/2015 | Listed for rent | $1,700+6.6%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Holmdel/Colts Neck Office #21541334 Report a problem | ||
| 12/7/2014 | Listing removed | $165,000$55/sqft |
Source: Coldwell Banker Residential Brokerage - Wall Township Office #21425690 Report a problem | ||
| 6/27/2014 | Listed for sale | $165,000$55/sqft |
Source: Coldwell Banker Residential Brokerage - Wall Township Office #21425690 Report a problem | ||
| 8/8/2012 | Listing removed | $1,595$1/sqft |
Source: Coldwell Banker Residential Brokerage - Spring Lake Office #21212625 Report a problem | ||
| 6/22/2012 | Price change | $1,595-5.9%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Spring Lake Office #21212625 Report a problem | ||
| 6/2/2012 | Price change | $1,695-5.6%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Spring Lake Office #21212625 Report a problem | ||
| 5/7/2012 | Price change | $1,795-5.5%$1/sqft |
Source: Coldwell Banker Residential Brokerage - Spring Lake Office #21212625 Report a problem | ||
| 4/4/2012 | Listed for rent | $1,900$1/sqft |
Source: Coldwell Banker Res. Brokerage #21212625 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,942 +2.1% | $375,600 +2.1% |
| 2024 | $5,822 +15.5% | $368,000 +12.9% |
| 2023 | $5,038 +8.3% | $325,900 +9.1% |
| 2022 | $4,651 +14.4% | $298,700 +16.1% |
| 2021 | $4,064 +15.4% | $257,200 -3.2% |
| 2020 | $3,523 +7.6% | $265,800 +24.5% |
| 2019 | $3,274 | $213,500 +16.2% |
| 2018 | $3,274 +13.9% | $183,700 +36.3% |
| 2017 | $2,873 -23.1% | $134,800 +0.6% |
| 2016 | $3,735 +5.8% | $134,000 -20.6% |
| 2015 | $3,530 -19.7% | $168,700 +3.6% |
| 2014 | $4,394 +6.8% | $162,900 +119.5% |
| 2012 | $4,115 | $74,200 |
Find assessor info on the county website
Neighborhood: 07712
Nearby schools
GreatSchools rating
- 2/10Thurgood Marshall Primary SchoolGrades: PK-2Distance: 0.8 mi
- 2/10Dr. Martin Luther King Middle SchoolGrades: 7-8Distance: 0.3 mi
- 3/10Asbury Park High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$801,800
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
$801,800
- New Jersey
- Monmouth County
- Asbury Park
- 07712
- 48 Ridge Avenue
Nearby cities
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