CCertihomes
1315 Summerfield Avenue, Asbury Park, NJ 07712

$875,000

0 beds 3 baths 2,798 sqft Built 19258 days on marketActive

About this home

This three-family home in Asbury Park, New Jersey, presents a great investment opportunity. Apartments 1 and 2 are located on the first floor. Apartment 1 has been fully renovated and features two bedrooms, one bathroom, and a galley-style kitchen. The unit is currently vacant and ready for immediate occupancy or rental. Apartment 2 offers three bedrooms and one bathroom and is currently tenant-occupied. Apartment 3 is located on the second floor and features four bedrooms and one bathroom and is also currently rented. With two income-producing units and one newly renovated vacant apartment, this property offers excellent potential for both investors and owner-occupants.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.

Your estimated payment
$6,075/mo

Real estate (PITI + HOA + PMI)
$5,958
Principal + interest$3,969
Property tax + insurance$1,661
PMI / 2nd mortgage$328
Utilities
$493
Heating + cooling$110
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$157
$6,075/mo TLC
Budget$6,575/mo
Remaining after TLC$500/mo
Purchase price
$875,000
Down payment
$43,750 (5%)
Loan amount
$831,250
APR
4%

Quick facts

Type
3 Family
Style
Year built
1925
Lot size
Stories
2
Heating
See Remarks
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
Annual tax
$9,179
MLS #
2702929R
County
Monmouth

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water Heater
Interior
Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(3 BedroomsKitchen1 Bath)Unit 3(4 BedroomsKitchenLiving Room)
Exterior
Porch
Parking
On Street
Patio & porch
Porch
Roof
Asphalt
Sewer
Public Sewer
Ownership
See Remarks

Lot features

See Remarks

Neighborhood — 07712

MetricThis ZIPCountyUSA
Population39,4668,832,837299,088,112
Population Change Since199014.00%14.00%20.00%
Population Density3,4381,137
Male18,8384,307,827147,432,321
Female20,6294,525,010151,655,844
Never Married10,5251,965,81163,775,926
Married13,6063,647,435123,120,365
Separated1,673391,23912,639,686
Widowed2,455515,17215,467,586
Divorced3,119529,39323,075,029
Number Of House Hold15,8493,167,345111,826,380
Average House Hold Size2.462.732.60
Medial Age36.0837.1535.46
Median House Hold Income$44,789$63,392$48,276
Average House Hold Income$67,364$83,312$63,629
P C I$27,778$30,662$24,529
M D I$38,811$52,505$41,133
A T H E$52,669$61,369$50,898
S T R7.00%7.00%
W C J80.96%81.02%77.74%
(Zip) Code
7712

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 8/18/2026. Provided courtesy of COLDWELL BANKER REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.