{
Price Reduction
Address
1235 Washington Avenue Asbury Park, NJ
Price
$ 274,000
Property Attributes
  • MLS#22115640
  • TypeMulti-Family
  • CountyMONMOUTH
  • CityAsbury Park
  • AreaAsbury Park
  • Zip07712
  • StyleTwo Family
  • Year Built1930
  • Taxes$ 2748
  • Price$ 274,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1656
Listing Provided Courtesy Of:
Connie King, Weichert Realtors-Ocean
Data Source:
Monmouth Ocean Regional Realtors (MOMLS)
Property Description

Great investment opportunity in Asbury Park! Ready for a quick closing. This multi-family home has two apartments. UPPER apartment has one bedroom/one bathroom (may possibly be ok as a two bedroom). Section 8 pays 100% $1060 rent. This apartment is rented. LOWER unit is VACANT, painted and cleared out. There is one bedroom/one bathroom. Utilities are paid by the tenants. Landlord pays common hallway light, water, sewer. Net annual cash flow $22,356 when both apartments were rented. It is a perfect time to get in on the HOT Asbury market! Completely AS IS sale; units will need some work.

Price History
5/20/2021 Listed $295,000
6/15/2021 8% - $274,000

General Features

Basement Yes
Days on Market 30
Financing Cash, Conventional
Full Baths 2
Garage No
New Construction No
Owner Corporate
Parking On Street
Property Type D
Roof Shingled
Status Active
Stories 2.0
Subdivision None
Tax Year 2020
Taxes 2748.00
Type Two Family
Water Heater Natural Gas
Waterfront No
Year Built 1930

Interior Features

# Units In Bldg 2.0000
Fireplace No
Heat/ac AC Units, HWBB
Heating Fuel Natural Gas
Number of Garages 0.00
Total Bathrooms 2.00
Total Bedrooms 2
Unit 1: # Bedrooms 1
Unit 1: # Full Baths 1
Unit 1: Bedroom Level 1
Unit 1: Kitchen Level 1
Unit 1: Living Room Level 1
Unit 1: Master Bedroom Level 1
Unit 2: # Bedrooms 1
Unit 2: # Full Baths 1
Unit 2: Bedroom Level 2
Unit 2: Master Bedroom Level 2

Exterior Features

Lot Dimensions 50 x 121
Pool Y/N No
Siding Clapboard, Vinyl
Water/Sewer Public Sewer, Public Water
Waterview No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07712

Price
AVG $770K
$270K
Taxes
AVG $8,479
$2,748
Visits
AVG 92
61
Year Built
AVG 1932
1930

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