Development Site. Opportunity Zone, UEZ Zone, Central Business District. This property is being marketed as a potential development site. It will be combined and sold with the adjoining property at 702/704 Summerfield Avenue. The total size of combined lots is approximately 16,858 SF. Zoning allows for 4 stories to a height of 45 feet. Additional height may the achieved with a zoning variance. Property is not being sold with approvals.
Property Details
Property Features
Listing Office:
Office Name: Sackman Realty
Listing Agent: Patrick Schiavino
Lot Features
Lot Information:
Lot: Irregular Lot
Lot Size: 0.39 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Tax Information:
Annual Amount: $13,995
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Asbury Park, NJ.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.7K
Per Month
Principal & Interest
$18.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.3K
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Thurgood Marshall Elementary School
600 Monroe Ave
Distance between this listing and this school0.09 miles
Public District Grades PK-3
1
/10
Bradley Elementary School
1100 3rd Ave
Distance between this listing and this school0.50 miles
Public District Grades PK-3
3
/10
Midtown Community Elementary School
1155 Corlies Ave
Distance between this listing and this school0.54 miles
Public District Grades KG-5
Nearby Schools
5
/10
Hope Academy Charter School
601 Grand Ave
Distance between this listing and this school0.22 miles
Public Charter Grades KG-8
1
/10
Dr. Martin Luther King Upper Elementary School
1200 Bangs Ave
Distance between this listing and this school0.38 miles
Public District Grades 4-6
4
/10
College Achieve Greater Asbury Park Charter School
3455 W Bangs Ave
Distance between this listing and this school0.43 miles
Public Charter Grades KG-9
Nearby Schools
1
/10
Asbury Park High School
1001 Sunset Ave
Distance between this listing and this school0.72 miles
Public District Grades 9-12
2
/10
Neptune High School
55 Neptune Blvd
Distance between this listing and this school1.33 miles
Public District Grades 9-12
10
/10
Monmouth County Academy of Allied Health and Science
2325 Heck Ave
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $29,592. The majority of Asbury Park, NJ residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 428 Main St
What is the listing price of this property?
The listing price of 428 Main St property is $3,750,000.
What type of property is this?
The property 428 Main St is land located in Asbury Park, New Jersey, 07712.
Is this property for sale now?
Active Listing: 428 Main St 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 $13,995 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 428 Main St in Asbury Park, NJ and zip code 07712. This home sits on a 0.39 acre lot. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $3,750,000.
Over 3 listings were sold over their listed price in October 2024 in Asbury Park, NJ. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Asbury Park, NJ increased by 16% between September 2024 and October 2024. The median list price of listings available in October 2024 was $662,500, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.
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.
Pro Boxing
Pro Boxing
Figure Skating
Continuing Education Courses
Burlington
Chico's
Express/Express For Men
Popeyes
Bob Evans
Qdoba
Dodge
Oldsmobile
Volkswagen
Urban Contemporary
News
Talk/Personality