616 4th Avenue

Asbury Park, NJ 07712

$1,416,000
Price
7
Beds
Baths
3,451 Sq. Ft.
$410 / Sq. Ft.
3,451
Sq. Ft.
$410
per Sq. Ft.

Description

A well maintained multi family east of Main is your opportunity for a great investment or use it as an owner occupied home. With 2 vacant apartments, the possibilities are numerous. Great rental history with wonderful tenants. Perfect location on one of Asbury's nicest blocks. Current owners have up-graded most of the units, new furnaces in all apartments and separate gas and electric. Come and tour and see how it can fit your needs.A well maintained multi family east of Main is your opportunity for a great investment or use it as an owner occupied home. With 2 vacant apartments, the possibilities are numerous. Great rental history with wonderful tenants. Perfect location on one of Asbury's nicest blocks. Current owners have up-graded most of the units, new furnaces in all apartments and separate gas and electric. Come and tour and see how it can fit your needs.
  1. Listed by Susan B Padva • Space & Company

Property Details for 616 4th Avenue

Complex/Subdivision
None
New Construction
No
Waterview
No
Directions
South on Main to left on 4th Ave
LISTING UPDATED: 02/01/2025 11:30 AM

Property Details for 616 4th Avenue

StatusActive
MLS #22502909
Days on Market34
Taxes$15,888 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Five Family
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyMonmouth County

Building Information for 616 4th Avenue

Stories-Residences5Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 616 4th Avenue

Summary
Location and General Information
  • Area/Section: NE Asbury Pk
  • Postal City: Asbury Park
  • State: NJ
  • Municipality: Asbury Park (ASB)
  • # Units in Bldg: 5
  • Block: 2806
  • Apx Year Built: 1900.0
Parking
  • Garage: No
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 04-02806-0000-00001
  • Taxes: $15,888.00
  • Tax Year: 2024
Property
Lot Information
  • Apx SqFt: 3451.0
  • # Acres: 0.13
  • Lot: 1
  • Lot Dimensions: 50 x 110
Property and Assessments
  • Assessment - Total: 1004300.0
  • Assessment - Improvements: 443000.0
  • Assessment Status: Assessed
  • Asmnt - Land: 561300.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Five Family
Utilities
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
Interior Features
  • Basement: Partial, Walk-Out Access
  • Bedrooms: 7
Multi Family
Unit 1
  • Unit 1: Electric Meter, Gas Stove, Furnace
  • Unit 1: # Bedrooms: 2
  • Unit 1: Other Room Desc: YES
Unit 2
  • Unit 2: Electric Meter, Gas Stove, Furnace
  • Unit 2: Other Room Desc: Studio
Unit 3
  • Unit 3: Electric Meter, Gas Stove, Furnace
  • Unit 3: # Bedrooms: 2
Unit 4
  • Unit 4: Electric Meter, Gas Stove, Furnace
  • Unit 4: # Bedrooms - Unit 4: 1
Unit 5
  • Unit 5: Electric Meter, Gas Stove, Furnace
  • Unit 5: # Bedrooms: 1

Property History for 616 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 616 4th Avenue

Taxable ValueLand$351,100Additions$625,400Total$976,500
Tax Record2022$9,607 ($801 / month)
Home Facts
Total Finished SqFt3,451 SqFtAbove Grade Finished SqFt3,451 SqFtLot Size5,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR2CountyMONMOUTHAPN04 02806-0000-00001

Schools near 616 4th 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
Bradley Elementary School
PublicPK to 3

Asbury Park High School
Public7 to 12

Thurgood Marshall Primary 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.

Similar Homes

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Similar Sold Homes

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616 4th Avenue is a multi-family home for sale in Asbury Park, NJ 07712. This property was listed for sale on February 1, 2025 by Space & Company, it's currently listed at $1,416,000. It has been on the market for a total of 34 days and was last sold on December 13, 2022. This listing's school district is Asbury Park School District. Nearby schools include Bradley Elementary School, Asbury Park High School and Thurgood Marshall Primary School. 616 4th Avenue is a 7-bed, 0-bath, 3,451 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Space & Company

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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® 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.