316 8th Avenue $890,000

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    316 8th Avenue Asbury Park, NJ 07712

    • 0 Beds
    • 0 Baths
    • 4,303 sq.ft.
    • Multi-Family
    MLS# 21919630
    SOLD 8/20/2019

    $890,000

    Days On Market: 60 1 Views
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    Property Details

    Beautiful, over-sized turn of the century Queen Anne Victorian in the estate home section of NE Asbury Park, 2 1/2 blocks off the beachfront. The property is comprised of two buildings, the front main home (6 units) with original hardwood floors, and Victorian details, and a back, two-level carriage house(2 units). The financials are very strong under the current configuration with the net income in excess of $74K. While this home can certainly be maintained as a cash positive rental building, the property also offers unlimited restoration or redevelopment potential. Given the close proximity to the beach, this property would make a wonderful condo conversion for high end weekend units, or, restore this amazing property to its former grandeur as a stately principal home.

    • General Features
      • Basement Yes
      • Basement Description Full
      • Baths Total 0.00
      • Complex Subdivision None
      • County Monmouth
      • Heat Ac Other - See Remarks
      • Heat Fuel Natural Gas
      • Municipality Asbury Park (ASB)
      • Num Car Garage 0.00
      • Pool No
      • Property Sub Type Multiple Buildings
      • Roof Shingled
      • Water Heater Natural Gas
      • Water Sewer Public Sewer, Public Water
      • Waterfront No
      • Waterview No
    • Building Features
      • Apx Sqft 4303.00
      • Garage No
      • Num Levels 3.0
      • Building Units Total 8.0000
      • Siding Vinyl
    • Property Features
      • Lot Dimensions 50x150

    Neighborhood

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    Market Last 30 Days

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    Property History

    Date Event Price Percent Change
    -- New in Database Source
    8/20/2019 3:00:00 AM Sold Source New Value: $890,000
    5/30/2019 11:48:10 AM Status Changed Source New Value: Under Contract

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