Skip To Content

508 6Th Ave

Asbury Park City, NJ 07712
  • $949,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 3818032
UPDATED: 35 min ago
$949,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

4 FAMILY HOME! This lovely grand Colonial is situated on a residential street in the heart of Asbury Park! It is located within walking distance to the boardwalk, beach, Sunset Lake and all that Asbury Park township has to offer. Originally a single-family home, this multi-unit investment property now consists of 4 apartments - a 2-bedroom, two 1 bedrooms, and a studio. This charming home features original fluted columns, pocket doors, crown mouldings, and 2 fireplaces. Each unit has central air. All of the apartments are currently occupied with leases that expire in mid 2023. On street parking is permitted and always available. Included on the property is a separate storage garage that has heat and electricity, as well as a full basement that's accessible from the outside. An investment property such as this rarely comes on the market. Don't miss it!

Monthly Payment Calculator



Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-06T23:46:14.497.
www.srrealestategroup.com/homes/134822043
Print Image

508 6Th Ave Asbury Park City, NJ 07712

  • Price: $949,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 35 min ago
  • MLS #: 3818032
5
Beds
4
Baths
0
½ Baths
0.17
Acres
1925
Built
County:
Monmouth
Area:
Asbury Park City
Property Description
4 FAMILY HOME! This lovely grand Colonial is situated on a residential street in the heart of Asbury Park! It is located within walking distance to the boardwalk, beach, Sunset Lake and all that Asbury Park township has to offer. Originally a single-family home, this multi-unit investment property now consists of 4 apartments - a 2-bedroom, two 1 bedrooms, and a studio. This charming home features original fluted columns, pocket doors, crown mouldings, and 2 fireplaces. Each unit has central air. All of the apartments are currently occupied with leases that expire in mid 2023. On street parking is permitted and always available. Included on the property is a separate storage garage that has heat and electricity, as well as a full basement that's accessible from the outside. An investment property such as this rarely comes on the market. Don't miss it!
Exterior Features

Approximate Lot Size 48X150 Exterior Description Vinyl Siding Garage Description None Number Of Parking Spaces 1 Parking Driveway Description Driveway-SharedOn-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Walkout Cooling 4+ UnitsCentral Air Heating Forced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Range/Oven - ElectricRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 2 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Eat-In KitchenLiving RoomMaster Bedroom Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Range/Oven - ElectricRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description Eat-In KitchenLiving Room Unit3 Rooms 2 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Range/Oven - ElectricRefrigeratorSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 3 Unit4 Room Description Eat-In KitchenLiving RoomMaster Bedroom Unit4 Rooms 4 Unit4 Sq Ft 0

Property Features

Assessment Total 861700 Building Assessment 416000 Easement Unknown Expenses Include Cold WaterHeatMaintenance Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 54300 Land Assessment 445700 Net Operating Income 34366 Renovated Year 2007 Sewer Public Sewer Tax Amount 12374 Tax Rate Amount 1.580 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 19934 Unit Style 3-Three StoryUnder/Over Unit1 Lease Expiration 2023-07-31 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Lease Expiration 2023-05-31 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1370 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Lease Expiration 2023-03-31 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 865 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Lease Expiration 2023-05-31 Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 990 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-532-5727.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-06T23:46:14.497.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3818032-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3818032-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3818032-2.jpg
Logo
Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901