3 days on Rocket
$5,164 Closing Credit¹
#22512477, Bonnie Ambrosia, Listing Office: Better Homes and Gardens Real Estate Murphy & Co.
$550,000 List price
398 Monmouth Ave Leonardo, NJ 07737
$6,531
Closing credit¹
3 beds
2 full
0.1 acres
Multi-Family
Property details
About 398 Monmouth Ave
RARE find 2 HOMES COMPLETELY DETACHED ON THE SAME LOT.ONE FACES MONMOUTH AVE a ranch style home w/a walkway up to the front door & walkway to a side entry. Living/Dining rm combo w/eat-in Kitchen,2 bedrooms,1 full bath & a basement. THE OTHER HOME FACES CENTER AVE a ranch style home w/a side entrance door w/Living/Din rm combo,Kitchen,1 bedroom, 1 bath & a crawl space. LOT is 25' width & 250' depth. Property is owned from Monmouth Ave to Center Ave one large rectangular lot. BOTH Homes are in move in condition & sit on beautiful streets. Lot is treed, private, & w/both homes adjoining a backyard together. Home that enters off Center Ave has an extremely long driveway. Both homes are move in ready plus currently have renters that lease expires this month & then will go on a month to month Separate gas & electric BUT a shared public water and public sewer bill that is not separated. Current front home renter off Monmouth Ave has rented for over 20 plus years and pays $1,650 per month for a 2 bedroom, 1 bath, Kitchen, Liv/Din rm combo PLUS/a basement. Rent could possibly be $2,500, landlord rarely raised the rent because tenant is an awesome renter! Home that enters off Center Ave pays $975 per month for a 1 bedroom 1 bath, Kitchen, Liv/Din rm combo w/a crawl space. Rent could possibly be $1,500, landlord rarely raised rent because tenant is an awesome renter for the last 10 years.
Highlights
Home typeMulti Family
HeatingOther
StatusActive
CoolingOther
BasementYes
Lot size0.14 Acres
Year built1908
ParkingSee Remarks, On Street, None
MLS #22513016
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: See Remarks, On Street, None
- Heating: Other
- Cooling: Other
- List Price: $550,000
- Annual Tax Amount: $6,029
- Tax Year: 2024
- Year Built: 1908
- Lot Size: 0.14 Acres
- MLS Number: 22513016
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: C21/ Action Plus Realty
- Listing Agent: Christine Lundberg
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 © 2025 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: 5/5/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
398 Monmouth Ave
$6,531
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $372,600 | $6,029 |
| 2022 | $304,500 | $5,622 |
| 2021 | $270,300 | $5,622 |
| 2020 | $249,000 | $5,231 |
| 2019 | $247,700 | $4,557 |
History based on county public records data.
Nearby schools
3
Leonardo Elementary School
Public District KG-5
0.6 mi
•14 Hosford Ave
6
Bayview Elementary School
Public District KG-5
1.1 mi
•300 Leonardville Rd
6
Atlantic Highlands Elementary School
Public District PK-6
1.5 mi
•140 1st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,780. Typical income of Leonardo, NJ residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
4%
<35k
62%
35k-100k
27%
100k-200k
7%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
8%
Single, with Kids
30%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
48%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Minor League Baseball Games
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
New York & Company
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Chick-fil-A
What do the neighbors drive?
Mazda
Lincoln
Kia
What do the neighbors listen to?
Rock
Classical
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 398 Monmouth Ave in Leonardo, NJ and zip code 07737 in the Leonardo neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $550,000.
Over 38 listings were sold over their listed price in April 2025 in Leonardo, NJ. In the same period over 17 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Leonardo, NJ between March and April 2025 increased by 9.1%. Listings spent 28 days on the market in April 2025, and had a median list price of $675,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.