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$732,000
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Property Description
Introducing a fantastic investment opportunity! This stunning 2-family property boasts an array of features and upgrades, making it an ideal choice for investors or those seeking a spacious multi-family home. Located in a desirable area, this property offers convenience, comfort, and modern amenities. Let's explore the details: The property comprises two separate units, each with its own private entrance, ensuring privacy and flexibility. The first floor encompasses a spacious 3-bedroom, 2-bathroom layout, with a well-appointed family room and dining area. The unit features vinyl flooring throughout, providing a modern touch. The master bedroom includes a private walk-in closet and an en-suite bathroom, while the second-largest bedroom also boasts a convenient walk-in closet. A guest bathroom serves the additional bedrooms and common areas. On the second floor, you'll find a larger 4-bedroom, 2.5-bathroom unit, spanning approximately 1,150 square feet. This unit mirrors the layout of the first floor, offering a family room, dining area, and similar bedroom configurations. However, it also showcases a unique additionan office-type denan excellent space for remote work or studying. The second-floor unit's highlight is the beautifully built patio, complete with an above-ground pool, perfect for relaxing and entertaining. The property underwent a complete transformation in 2018 when the previous house was knocked down and this stunning new construction took its place. Numerous updates have been made, ensuring the property is in top-notch condition. The roof, windows, electrical, plumbing, and insulation have all been recently upgraded, providing peace of mind for years to come. Each unit has separate washer and dryer facilities, allowing for convenience and independence. Furthermore, both units feature individual central air conditioning and forced hot air systems, guaranteeing personalized comfort for residents. Gas ranges are available in each unit, catering to those who love to cook. The property also boasts ample parking with six parking spots, ensuring hassle-free parking for residents and guests. The first-floor unit has its own private patio, while the second-floor unit enjoys the above-ground pool on its dedicated patio. Currently, the second-floor unit is occupied by a reliable long-term tenant who has resided here for four years, renewing their lease annually. They pay $2,500 per month, offering an immediate income stream. The lease is in place until October, providing a seamless transition for the new owner. The first-floor unit has just been renovated, making it move-in ready for tenants or investors. Rental potential for the first floor is $3,000 per month, with the possibility of achieving $3,500 per month. In summary, this exceptional 2-family property combines modern upgrades, separate entrances, individual amenities, and a desirable location. With a vacant and renovated first-floor unit ready to rent, and a long-term tenant in the second-floor unit, this property presents a lucrative investment opportunity. Don't miss out on the chance to own this remarkable propertyschedule a showing today!
Full Property Details
Full Property Details for 25 Park Ave
General
- Sold For: $732,000
- Taxes: $10,605 (2022)
- Status: Closed
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22318339
- Added to Site: 999 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 7
Additional Information
- Pool: Yes
- Pool Description: Above-Ground
Parking
- Total Spaces: 6
- Parking Features: Open, Off-Street, None
- Garage Description: None
Location
- Area: Englishtown (ENG)
- Municipality: Englishtown (ENG)
- County: Monmouth
- Subdivision: None
- Driving Directions: Main St to Park Ave
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Dual Zoned Air Conditioning
- Heating Type: Forced Air, Dual-Zone Heat
Utilities
- Sewer: Public Sewer
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Stories/Levels: 3
- Square Feet: 3,400
- Year Built: 2018
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 50 x 220
- Zoning: Multifamily
Financial Considerations
- Price Per Sq. Ft.: $211.76
- Tax Amount: $10,605
- Tax Year: 2022
Disclosures and Reports
- Exclusions: Tenant personal belongings
- Property ID: 13-00023-0000-00007-02
- Section: None
Listed by RE/MAX Central, George Pavlushkin
Sold by J.J. Elek Guarantee Sales, Melissa Sokolow
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Schools
Schools serving 25 Park Ave
| Name | Grades | Distance |
|---|---|---|
Taylor Mills Elementary School 77 Gordons Corner Road, Manalapan Township, NJ 07726 | 1-5 | 1.1 mi |
Pine Brook Elementary School, Manalapan Township, NJ 155 Pease Road, Manalapan Township, NJ 07726 | 6- | 2.3 mi |
Manalapan-Englishtown Middle School 155 Millhurst Road, Manalapan Township, NJ 07726 | 7-8 | 0.5 mi |
Manalapan High School 20 Church Lane, Englishtown, NJ 07726 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25 Park Ave
Date
Details
Price
Change
Source
10/10/2023
Sold
$732,000
1.67%
MLS
8/22/2023
Price Increased
$720,000
2.86%
MLS
7/06/2023
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
25 Park Avenue, Englishtown, NJ 07726 (MLS# 22318339) is a Multi-Family property that was sold at $732,000 on October 10, 2023. Want to learn more about 25 Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in Englishtown? You can browse all Englishtown real estate or contact a Coldwell Banker agent to request more information.

