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Off market
  • $792,000

    1026 Monroe Ave, Asbury Park, NJ 07712

    7beds
    3,012sqft
    SingleFamily
    Built in 1925
    4,791 Square Feet Lot
    $792,000 Zestimate®
    $263/sqft
    $5,678 Estimated rent

    Owner options

    List your home for rent

    $5,678/mo

    Rent Zestimate®

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    $5,678/mo

    Rent Zestimate®

    Refinance and save

    $5,189/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $5,189/mo

    Est. payment

    What's special

    If you're a savvy investor, this property is for you! Over $53k net income per year from this 3 family investment property. That's a CAP rate of over 10%! Great neighborhood of Asbury near everything! Main house has 2 units: 3BR/1BA downstairs, 2BR/1BA upstairs. Detached rear cottage has 2BR/1BA. Main house has new roof (2019) and a new water heater (2020). Rear cottage fully renovated in 2019. Main house renovated approximately 5 years ago. Separate gas and electric for each unit. All units have hardwood floors throughout. Double wide driveway can accommodate 3-4 cars. Contact me today and start your 2021 year off right!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Appliances
    • Included: Refrigerator
    • Laundry: Washer Hookup
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 3,012 sqft

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 0400505000000006

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas

    Community & neighborhood

    Location
    • Region: Asbury Park

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Heating: Forced Air, Natural Gas, 3+ Zoned Heat
    • Appliances: Dishwasher, Refrigerator, Water Heater, Gas Stove
    • Roof: Shingle
    • HeatingYN: true
    • Basement: Full
    • LaundryFeatures: Washer Hookup
    • NumberOfUnitsTotal: 3.0000
    • GrossIncome: 63000.00
    • RoomBasementFeatures: Full
    • RoomMasterBedroomLevel: First,Second
    • Utilities: Natural Gas
    • RoomKitchenLevel: First,Second
    • RoomLivingRoomLevel: First,Second
    • NumberOfUnitsInCommunity: 3.0000
    • OperatingExpense: 9740.00
    • MlsStatus: Active
    • TaxAnnualAmount: 6306.00
    • InsuranceExpense: 2288.00
    • NetOperatingIncome: 53260.00
    • NewTaxesExpense: 6306.00
    • WaterSewerExpense: 1146.00
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $792,000
    2% more+$15,840
    With Zillow Showcase(estimated)$807,840