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608 7th Avenue

Asbury Park, NJ 07712
  • $999,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 22236289
UPDATED: 10 min ago
$999,000
  • 9
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,568
    SQFT
  • $280
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Gem of a property on a lovely block in North Asbury Park. This is a legal 5 family property with 3 units in the main house and an additional 2 units in the back house. Leave as is for a cash flowing rental or renovate to suit your needs. Possibilities are endless. Current rent amounts are far below market value due to some incredibly long term, paying tenants.

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© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2023-03-27T16:21:42.817.
www.candiesellshomes.com/homes/135085983
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608 7th Avenue Asbury Park, NJ 07712

  • Price: $999,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 10 min ago
  • MLS #: 22236289
9
Beds
5
Baths
0
½ Baths
0.17
Acres
3,568
SQFT
$280
$/SQFT
1920
Built
County:
Monmouth
Area:
Asbury Park (ASB)
Property Description
Gem of a property on a lovely block in North Asbury Park. This is a legal 5 family property with 3 units in the main house and an additional 2 units in the back house. Leave as is for a cash flowing rental or renovate to suit your needs. Possibilities are endless. Current rent amounts are far below market value due to some incredibly long term, paying tenants.
Exterior Features

Exterior Shed Garage No Garage Type None Lot Dimensions 50 X 150 Parking Driveway AssignedOff StreetOn Street Pool YN No Roof Shingled Siding Other - See Remarks Water View No Waterfront No

Interior Features

Basement FullShared StorageTenant StorageWalk-Out Access Basement YN Yes Beds Unit1 3 Beds Unit2 2 Beds Unit3 1 Beds Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Heat AC Multi Units Heat Fuel Hot WaterNatural Gas Interior Fire Sprinkler Unit1 Electric Meter Unit2 Electric Meter Unit3 Electric Meter Unit4 Electric Meter Water Heater Natural GasTank

Property Features

Assessment Status Assessed Assessment Total 348900.00 Deed Restrictions No Excluded Tenants' Personal Possessions. Financials Per Year Financing CashConventional Grandfathered Yes Gross Income 70992.00 Handicap Access No Improvements Assessment 348900.00 Landlord Pays Garbage RemovalGasHeatHot WaterSewerSnow RemovalWaterYard Maintenance Multifamily Type Five Family Net Income 54447.00 New Construction No Other Expense 6547.00 Owner Individual(s) Real Estate Tax Expense 9998.00 Rent Unit1 1100.00 Rent Unit2 1050.00 Rent Unit3 882.00 Rent Unit4 1384.00 Tenant Pays Electricity Water Sewer Public SewerPublic Water Zoning Multi-FamilyNeighborhoodResidential

Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of David Wilson of Weichert Realtors: (732) 807-6900.


© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2023-03-27T16:21:42.817.
 
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The CG Group | RE/MAX Revolution
2101 Hwy 34, Suite B
Wall NJ, 07719