1 month on rocket

Sale Pending

161 Ridge Ave, Asbury Park, NJ, 07712

$490,000

Home List Price

$5,819*

Closing Credit

5 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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161 Ridge Ave, Asbury Park$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
CoolingMulti Unit(s)
BasementYes
MLS #22407787
StatusSale Pending
(Pending)

About 161 Ridge Ave

Right in the heart of all the new construction and development on Springwood Ave, this multi-family home is a great investment opportunity. 3BRs on 2nd floor and 2BRs on the 1st floor with large yard and huge cap rate potential. Close to downtown, train station and the beach. This one won't last!

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: C21/ Danskin Realty
  • Listing Agent: David Paul Angelini

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Cooling: Multi Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
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Housing Market Comparison

See how this home compares to others in Asbury Park, NJ.

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Asbury Park, NJ

City

Med. Sold Price

$639.9K

Med. Price/SqFt

$494

Avg. Days On Market

24

# of Sold Homes

7

161 Ridge Ave vs Asbury Park

40 DAYS ON ROCKET

+16 Days

$490,000

-$149.9K Less

KEY TAKEAWAY

This property is $149.9K less than the Median Sold Price in Asbury Park, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22407787

Listing Office:

  • Office Name: C21/ Danskin Realty
  • Listing Agent: David Paul Angelini

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4040574
4
/10

  • Midtown Community Elementary School

  • 1155 State Route 33

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4040575
3
/10

  • Bradley Elementary School

  • 1100 3rd Ave

  • 0.62 miles

  • Public District Grades PK-4

school-card-donut-4040576
3
/10

  • Thurgood Marshall Elementary School

  • 600 Monroe Ave

  • 0.78 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,600. Most Asbury Park, NJ residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Monmouth County›Asbury Park›07712›161 Ridge Ave

This home is located at 161 Ridge Ave in Asbury Park, NJ and zip code 07712. This home was built in 1930. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $490,000.

In March 2024, from all listings sold in Asbury Park, NJ there were more than 2 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. In March 2024 in Asbury Park, NJ there were 37.1% more homes for sale than in February 2024. While the average time on the market in March 2024 was 24 days, the median list price was $639,900.

From Rocket Homes Real Estate and based on county public records data.

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