Sold for $1,630,000

$1,630,000

511 2nd Avenue, Asbury Park, NJ 07712

5beds

3,183sqft

Duplex

Built in 1900

-- sqft lot

$1,783,800 Zestimate^®

$512/sqft

$3,073 Estimated rent

Home value

$1,783,800

$1.66M - $1.93M

$3,073/mo

Zestimate^® history

Owner options

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$3,073/mo

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$3,073/mo

Rent Zestimate^®

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$9,024/mo

Est. payment

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$9,024/mo

Est. payment

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What's special

The ever-elusive move-in ready 2-family home. Prime east side location close to the beach, boardwalk & downtown. This home is on one of Asbury's most beautiful blocks. The home was renovated to the studs in 2005 and has separate utilities. The main home has 3 BR's/2.5 baths, 2 two living rooms, a formal dining room, eat-in kitchen, high-end baths, and a magnificent wrap around porch. The 3rd floor apt has 2 bedrooms, eat-in kitchen, vaulted ceilings, a large living room, laundry, and a recently redone roof deck with fantastic views. This large property is landscaped to perfection and has room for a pool. Rental history is available. The entire home just had new Hardi Board siding installed.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Forced Air, 2 Zoned Heat

Cooling

Central Air, 2 Zoned AC

Features

Basement: Full
Number of fireplaces: 1

Interior area

Total structure area: 3,183
Total interior livable area: 3,183 sqft

Property

Parking

Total spaces: 1
Parking features: Off Street, Detached
Garage spaces: 1

Features

Stories: 3

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 125

Details

Parcel number: 0403404000000011

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

Location

Region: Asbury Park

Financial & listing details

Price per square foot: $512/sqft
Tax assessed value: $1,401,600
Annual tax amount: $14,545
Date on market: 4/29/2023

Price history

Date	Event	Price
7/31/2023	Sold	$1,630,000-3.5%$512/sqft
Source: MoreMLS #22311314 Report a problem
6/5/2023	Pending sale	$1,689,000$531/sqft
Source: MoreMLS #22311314 Report a problem
6/1/2023	Contingent	$1,689,000$531/sqft
Source: MoreMLS #22311314 Report a problem
5/17/2023	Price change	$1,689,000-6.2%$531/sqft
Source: MoreMLS #22311314 Report a problem
4/28/2023	Listed for sale	$1,800,000+400%$566/sqft
Source: MoreMLS #22311303 Report a problem
12/31/2002	Sold	$360,000$113/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$22,173 +6.8%	$1,401,600 +6.8%
2024	$20,762 +27%	$1,312,400 +24.1%
2023	$16,349 +12.4%	$1,057,500 +13.2%
2022	$14,545 +5.1%	$934,200 +6.6%
2021	$13,842 +12.5%	$876,100 +10%
2020	$12,306 +3.4%	$796,800 +6.8%
2019	$11,904	$745,800 +11.6%
2018	$11,904 +1.5%	$668,000 +12.3%
2017	$11,732 -0.5%	$594,800 +8.7%
2016	$11,792 +15.8%	$547,200 +2.7%
2015	$10,187 +42.9%	$532,600 +13.3%
2014	$7,130 +5.4%	$470,100 +290.4%
2013	$6,764 +1.1%	$120,400 -0.2%
2012	$6,688 +6.2%	$120,600
2011	$6,297 +5.9%	$120,600
2010	$5,947	$120,600
2003	--	$120,600
2002	--	$120,600 +60.8%
2001	--	$75,000