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700 Summerfield Avenue

700 Summerfield Avenue, Asbury Park, NJ 07712
Property in Asbury Park
700 Summerfield Avenue in Asbury Park, NJ was first built in 1919 and is 105 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. 700 Summerfield Avenue has 2,450 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 500. In total, the area measurement of the land is 1,500 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 700 Summerfield Avenue was last sold in Apr 23, 2015 for $413,900. According to our calculations, that's $168.94 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Nov 17, 1995. Current property owners are expected to pay $9,526 in taxes per year. The property on 700 Summerfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $616,200. To break that down further, the land itself was valued at $303,600. While improvements to the property were assessed at a total of $312,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,500
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,450
  • Gross Building Area: 2,450
  • Building Area: 2,450
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.034
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : 700 SUMMERFIELD LLC
  • Previous Owner : LAU WILLIAM
  • Owner Before Previous Owner: MARK DANIEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Asbury Park City School District
  • Census Tract: 807005

Zoning

  • Zoning: C0

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 04
  • Parcel: 04 02506-0000-00002
  • Block: 2506
  • Lot: 2
  • Municipality: ASBURY PARK CITY
  • Latitude: 40.2178
  • Longitude: -74.0116

    Address

  • Full Address: 700 Summerfield Ave
  • Address - House Number: 700
  • Address - Street Name: Summerfield
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Asbury Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 6922
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: MANASQUAN SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Apr 30, 2015
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 30, 2045

    Market Valuation

  • Market Total Value: $616,200
  • Market Land Value: $303,600
  • Market Improvement Value: $312,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,200
  • Assessed Land Value: $303,600
  • Assessed Improvements Value: $312,600

    Sales

  • Current Sale Contract Date: Apr 23, 2015
  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Transaction ID: 1338324519
  • Current Sale Price: $413,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015037434
  • Previous Sale Recording Date: Dec 01, 1995
  • Previous Sale Contract Date: Nov 17, 1995
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANASQUAN SAVINGS BANK
  • First Mortgage Transaction Date: Apr 30, 2015
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SANIELMARK
  • Previous Mortgage Transaction Date: Dec 01, 1995
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Asbury Park



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Frequently Asked Questions

What neighborhood is 700 Summerfield Avenue located in?
The 700 Summerfield Avenue is a located in the neighborhood of Asbury Park in Asbury Park, Asbury Park.
What is the average sales price for listings in 700 Summerfield Avenue?
The average sales price for units in 700 Summerfield Avenue is $0 currently.

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