614 2nd Ave

Asbury Park, NJ 07712

$1,396,000
Last Sold Price
Beds
Baths
5,135 Sq. Ft.
$272 / Sq. Ft.
5,135
Sq. Ft.
$272
per Sq. Ft.

Description

Stately investment property with great income, fully rented with long term tenants. The Main building offers 2 one-bedroom apartments a & 3 two-bedroom apartments. The rear house has 1 studio & a 1 two -bedroom apartment along with a two-car garage + ample yard. Most of the units have been recently renovated with new kitchens & baths. New roof/windows 2016. Furnace conversion done in 2014. Freshly painted main home. Located in SE Asbury Park just blocks from the beach & Asbury's lively downtown....Stately investment property with great income, fully rented with long term tenants. The Main building offers 2 one-bedroom apartments a & 3 two-bedroom apartments. The rear house has 1 studio & a 1 two -bedroom apartment along with a two-car garage + ample yard. Most of the units have been recently renovated with new kitchens & baths. New roof/windows 2016. Furnace conversion done in 2014. Freshly painted main home. Located in SE Asbury Park just blocks from the beach & Asbury's lively downtown. The main home has the original grand staircase & several stained-glass windows. Great investment or recreate a classic Grand Victorian home while renting out the carriage house. The possibilities here are unlimited. Bonus option: Seller will start reno on unit 4 on 11/1.
  1. Listed by James Kesling • Berkshire Hathaway HomeServices Signature Properties

Property Details for 614 2nd Avenue

Complex/Subdivision
None
Zoning
Multi-Family
New Construction
No
Waterview
No
Directions
Main Street (Rt 71) to East on 2nd Ave
LISTING UPDATED: 02/11/2025 09:19 PM

Property Details for 614 2nd Avenue

StatusClosed
MLS #22231846
Days on Market15
Taxes$16,623 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Buildings
Year Built1920
Lot Size0.17 AC / 7,405 SF
CountyMonmouth County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Signature Properties

Sold By Sigman Realty

Add your commute

Building Information for 614 2nd Avenue

Stories-Residences7Year Built1920Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$8,699 per month

30 year fixed, 6.845% Interest

Principal and Interest

$7,314

Property Taxes

$1,385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 614 2nd Avenue

Summary
Location and General Information
  • Area/Section: North West
  • Postal City: Asbury Park
  • State: NJ
  • Municipality: Asbury Park (ASB)
  • # Units in Bldg: 7
  • Block: 2705
  • Apx Year Built: 1920.0
Parking
  • Garage: Apt Above Garage, Oversized, Detached
  • Parking: Off Street, Paved, Open, On Street
  • # Car Garage: 2.0
Taxes and HOA Information
  • Tax ID#: 04-02705-0000-00002
  • Taxes: $16,623.00
  • Tax Year: 2021
Property
Lot Information
  • Apx SqFt: 5135.0
  • # Acres: 0.17
  • Lot: 2
  • Lot Dimensions: 50 x 150
  • Lot Description: Level
Property and Assessments
  • Assessment - Total: 1129800.0
  • Assessment - Improvements: 937800.0
  • Assessment Status: Assessed
  • Asmnt - Land: 192000.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Multiple Buildings
Utilities
  • Water Heater: Electric, Other - See Remarks, Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
Interior Features
  • Basement: Full, Tenant Storage, Walk-Out Access, Shared Storage
  • Excluded: Tenants personal possessions
  • Siding: Cedar, Shingle

Property History for 614 2nd Avenue

DateEvent & SourcePriceAppreciation
Dec 20, 2022

Closed

MOMLS #22231846

$1,396,000
Dec 18, 2022

Active Under Contract

MOMLS #22231846

Oct 29, 2022

Pending

MOMLS #22231846

Oct 29, 2022

Active Under Contract

MOMLS #22231846

Oct 11, 2022

Listed (Active)

MOMLS #22231846

$1,317,000
Oct 10, 2022

Temp Off Market

MOMLS #22231785

Aug 4, 2015

Closed

MOMLS #21504965

$509,000
Jul 16, 2015

Closed (Public Record)

Public Record #555652914

$509,000

-1.7% / yr

Feb 11, 2015

Listed (Active)

MOMLS #21504965

$550,000
Jan 12, 2006

Closed (Public Record)

Public Record #247023818

$600,000
DateEvent & SourcePrice
12/20/2022

Closed

MOMLS #22231846

$1,396,000
12/18/2022

Active Under Contract

MOMLS #22231846

10/29/2022

Pending

MOMLS #22231846

10/29/2022

Active Under Contract

MOMLS #22231846

10/11/2022

Listed (Active)

MOMLS #22231846

$1,317,000
10/10/2022

Temp Off Market

MOMLS #22231785

08/04/2015

Closed

MOMLS #21504965

$509,000
07/16/2015

Closed (Public Record)

Public Record #555652914

$509,000

-1.7% / yr

02/11/2015

Listed (Active)

MOMLS #21504965

$550,000
01/12/2006

Closed (Public Record)

Public Record #247023818

$600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 614 2nd Avenue

Taxable ValueLand$237,100Additions$988,400Total$1,225,500
Tax Record2023$18,690 ($1,557 / month)
Home Facts
Total Finished SqFt5,135 SqFtAbove Grade Finished SqFt5,135 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningS-27CountyMONMOUTHAPN04 02705-0000-00002

Schools near 614 2nd Avenue

This home is within Asbury Park School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 7 to 12
Public - PK to 3
Public - 4 to 6
Rating
School
Distance
Thurgood Marshall Primary School
PublicPK to 3

Asbury Park High School
Public7 to 12

Bradley Elementary School
PublicPK to 3

Dr. Martin Luther King Middle School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway HomeServices Signature Properties

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.