2 months on rocket

514 Prospect Ave, Asbury Park, NJ, 07712

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
1 Full Bath
1,264 SqFt
$474/SqFt
House
Schools Nearby

Location

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514 Prospect Ave, Asbury Park$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1920
HeatingForced Air
CoolingOther
BasementYes
MLS #22405379
Lot Size0.10 Acres
StatusActive

About 514 Prospect Ave

Beautifully renovated home in the heart of Asbury Park NJ. This lovely home features 3 bedrooms, brand new kitchen with quartz countertops, a new Samsung appliance package and a beautifully renovated bathroom. Large backyard with a open front porch and newly paved driveway that can accommodate 4 + cars. Large yard is completely fenced in with brand new pvc fencing.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,264 SqFt

Listing Office:

  • Office Name: Avenue Realty NJ
  • Listing Agent: Shani Marcus

Interior Features

Interior Information:

  • Appliances: Washer, Dryer, Microwave, Security System, Refrigerator, Gas Range
  • Basement: Yes
  • Interior: Security System

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Fence, Porch - Open, Security System

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level, Oversized Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $474/SqFt

Tax Information:

  • Annual Amount: $3,623
  • Tax Year: 2020
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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

514 Prospect Ave vs Asbury Park

60 DAYS ON ROCKET

+36 Days

$599,000

-$40.9K Less

$474/SqFt

-$21 Less

KEY TAKEAWAY

This property is $40.9K less than the Median Sold Price and $21/SqFt less than other homes 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: #22405379

Listing Office:

  • Office Name: Avenue Realty NJ
  • Listing Agent: Shani Marcus

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: 4/29/2024, 2:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2021Home Sold
$305,000
Jan 07, 2020Home Sold
$252,500
Sep 11, 2019Home Sold
$306,270

Tax History

YEARPROP. TAXASSESSMENT
2020$3,623$210,100
2019$1,874$219,600
2018$1,875$105,200
2017$2,683$129,000

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-3145060
3
/10

  • Bradley Elementary School

  • 1100 3rd Ave

  • 0.32 miles

  • Public District Grades PK-4

school-card-donut-3145061
3
/10

  • Thurgood Marshall Elementary School

  • 600 Monroe Ave

  • 0.54 miles

  • Public District Grades PK-4

school-card-donut-3145062
4
/10

  • Midtown Community Elementary School

  • 1155 State Route 33

  • 0.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,214. The most common annual income of people living in Asbury Park, NJ is between $35k-100k. Typical family type is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Prospect Ave

What is the listing price of this property?

The listing price of 514 Prospect Ave property is $599,000.

What type of property is this?

The property 514 Prospect Ave is a house located in Asbury Park, New Jersey, 07712.

Is this property for sale now?

Active Listing: 514 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,623 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 20, 2021 for $305,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 514 Prospect Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 514 Prospect Ave is 1,264 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Prospect Ave is 1920.

Rocket Homes›New Jersey›Monmouth County›Asbury Park›07712›514 Prospect Ave

This home is located at 514 Prospect Ave in Asbury Park, NJ and zip code 07712. This 1,264 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $599,000.

Asbury Park, NJ housing market in March 2024 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 5 sold below. Between February 2024 and March 2024, Asbury Park, NJ real estate market has seen increase in the number of listings by 37.1%. The median list price of listings available in March 2024 was $639,900, while the average time on the real estate market was 24 days.

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

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