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1235 Washington Avenue, Asbury Park, NJ 07712
$227,000
1235 Washington Avenue, Asbury Park, NJ 07712View this property at 1235 Washington Avenue, Asbury Park, NJ 07712
1235 Washington AvenueAsbury ParkNJ07712
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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.
Full Property Details
Full Property Details for 1235 Washington Ave
General
- Sold For: $227,000
- Taxes: $2,748 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: 22115640
- Added to Site: 1, 072 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: On-Street
- Garage Description: None
Location
- Area: Asbury Park (ASB)
- Municipality: Asbury Park (ASB)
- County: Monmouth
- Subdivision: None
- Driving Directions: Memorial Drive N, Left on Summerfield, to Right on Prospect, Left on Washington
Heating & Cooling
- Cooling Type: Multi Units
- Heating Fuel: HWBB, Natural Gas
Utilities
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Exterior Const.: Clapboard, Vinyl
- Basement: Yes
- Basement Desc.: Partial, Slab
- Roof: Shingled
- Stories Description: 2
- Square Feet: 1,656
- Year Built: 1930
Unit Information
Unit 1
- Bedrooms: 1
- Primary Bedroom: Level 1
- Bedroom 1: Level 1
- Living Room: Level 1
- Kitchen: Level 1
Unit 2
- Bedrooms: 1
- Primary Bedroom: Level 2
- Bedroom 1: Level 2
Lot Features
- Lot Dimensions: 50 x 121
Financial Considerations
- Price Per Sq. Ft.: $165
- Improve Assmt: $93,600
- Tax Amount: $2,748
- Tax Year: 2020
- Terms: Cash, Conventional
- Landlord Pays: Sewer, Water
- Tenant Pays: Electricity, Gas, Heat, Hot Water
Disclosures and Reports
- Ownership: Corporate
- APN: 04-01301-0000-00027
- Section: None
Listed and Sold by Weichert Realtors-Ocean, Connie King
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Schools
Schools serving 1235 Washington Ave
School District:Asbury Park Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1003 Sunset Ave, Asbury Park, NJ 07712 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1235 Washington Ave
Date
Details
Price
Change
Source
9/21/2021
Sold
$227,000
-17.15%
MLS
6/15/2021
Price Reduced
$274,000
-7.12%
MLS
5/21/2021
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1235 Washington Avenue, Asbury Park, NJ 07712 (MLS# 22115640) is a Multi-Family property that was sold at $227,000 on September 21, 2021. Want to learn more about 1235 Washington Avenue? Do you have questions about finding other Multi-Family real estate for sale in Asbury Park? You can browse all Asbury Park real estate or contact a Coldwell Banker agent to request more information.