5 months on rocket

702-704 Summerfield Ave, Asbury Park, NJ, 07712

$2,150,000

0.15 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
MLS #22417628
Lot Size0.15 Acres
StatusActive

About 702-704 Summerfield Ave

Rare opportunity to purchase 13,141 SF of land in Asbury Park's Central Business District. Zoning allows for a mixed-use 45' high building to be built at this location. Parking can be provided at grade for 28-32 cars. Preliminary Architectural work has been done and available upon request. Can also be combined with the building located a 428 Main Street for a larger footprint and project. Please note that this is not an approved site, all approvals must be applied for by the buyer/developer.

Property Details

Property Features

Listing Office:

  • Office Name: Sackman Realty
  • Listing Agent: Patrick Schiavino

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000

Tax Information:

  • Annual Amount: $11,822
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$662.5K

Med. Price/SqFt

$473

Avg. Days On Market

43

# of Sold Homes

15

702-704 Summerfield Ave vs Asbury Park

153 DAYS ON ROCKET

+110 Days

$2,150,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more 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: #22417628

Listing Office:

  • Office Name: Sackman Realty
  • Listing Agent: Patrick Schiavino

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: 11/21/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,822$750,600
2019$12,737$740,700
2018$12,738$714,800
2017$13,709$659,100

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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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-463745
1
/10
  • Thurgood Marshall Elementary School

  • 600 Monroe Ave

  • 0.10 miles

  • Public District Grades PK-3

school-card-donut-463746
3
/10
  • Midtown Community Elementary School

  • 1155 Corlies Ave

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-463747
1
/10
  • Bradley Elementary School

  • 1100 3rd Ave

  • 0.62 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,592. Residents of Asbury Park, NJ typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 702-704 Summerfield Ave

What is the listing price of this property?

The listing price of 702-704 Summerfield Ave property is $2,150,000.

What type of property is this?

The property 702-704 Summerfield Ave is land located in Asbury Park, New Jersey, 07712.

Is this property for sale now?

Active Listing: 702-704 Summerfield 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 $11,822 (source: MLS/based on county public records data).

How much acreage is this property?

The property 702-704 Summerfield Ave is 0.15 acres.
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Rocket HomesNew JerseyMonmouth CountyAsbury Park07712702-704 Summerfield Ave

This home is located at 702-704 Summerfield Ave in Asbury Park, NJ and zip code 07712. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $2,150,000.

Asbury Park, NJ housing market in October 2024 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. Between September 2024 and October 2024, Asbury Park, NJ real estate market has seen increase in the number of listings by 16%. Listings spent 43 days on the market in October 2024, and had a median list price of $662,500 during the same period.

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

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