She's back and better than ever with a brand new septic system - If you're looking for a compound, an owner/investor property or a fantastic rental, look no further! This unique setup offers 2 separate homes. A 1,574 sq ft 3 BR, 1.5 BA colonial with updated kitchen and bath, wrap-around front porch and back deck PLUS a 752 sq ft 1 BR + loft, 1 BA craftsman style home with deck, bsmnt and front porch. The property is a level 1/2 acre with asphalt driveway and 1-car garage. There are many updates to both homes: freshly painted, have new AC, new septic system, new windows, updated kitchens and baths and the setting is wonderful. The septic system is being installed now. The property is located just minutes to quaint downtown Farmingdale. Take action today, it's a real estate rarity
Single-familyProperty Type
1907Year Built
0.55 acresLot Size
1 car garageParking
Listed by Richard F. Martel, Jr. 'Ric' Martel• Berkshire Hathaway HomeServices Fox & Roach - Toms River
Bought with Scott Hobbs• Salt and Cedar Properties, LLC
Great opportunity. Large property with a separate cottage that backs to woods. Plenty of parking.
1 year ago• May not reflect the current state of the home
Amanda Cregan
Redfin Associate agent
Sale history for 131 Asbury Rd
Date
Event
Price
MOMLS #22521661
Jan 16, 2026
Sold
$700,000
Nov 14, 2025
Pending
—
Nov 6, 2025
Relisted
—
Nov 6, 2025
Price Changed
$685,000
Sep 4, 2025
Pending
—
Aug 21, 2025
Listed
$625,000
MOMLS #22523472
Nov 6, 2025
Price Changed
$685,000
Aug 21, 2025
Listed
$625,000
MOMLS #21017408
Apr 27, 2010
Listed
$549,000
MOMLS #21017410
Apr 27, 2010
Listed
$549,000
Public Records
Nov 1, 1978
Sold
$59,500
Year
Property tax
Land + Additions
Assessment*
2025
$8,686 (+5.8%)
$254,500 + $274,900
$529,400
2024
$8,211 (+2.0%)
$167,500 + $284,400
$451,900
2023
$8,047 (−1.6%)
$132,500 + $279,100
$411,600
2022
$8,176 (−0.7%)
$111,500 + $272,600
$384,100
2021
$8,233 (−0.1%)
$98,700 + $259,600
$358,300
2020
$8,244 (+3.0%)
$98,700 + $230,900
$329,600
2019
$8,001 (+2.7%)
$98,700 + $228,300
$327,000
2018
$7,789 (+1.2%)
$88,500 + $224,400
$312,900
2017
$7,699 (+4.9%)
$88,500 + $207,500
$296,000
2016
$7,342 (+0.1%)
$88,500 + $207,500
$296,000
2015
$7,334 (+9.2%)
$77,500 + $202,200
$279,700
2014
$6,717 (−0.9%)
$77,000 + $156,500
$233,500
2013
$6,779
$77,000 + $156,500
$233,500
2012
$6,776 (+5.3%)
$77,000 + $156,500
$233,500
2011
$6,436 (+1.6%)
$77,000 + $156,500
$233,500
2010
$6,336 (+2.9%)
$121,000 + $156,400
$277,400
2009
$6,156
$121,000 + $156,400
$277,400
Tax history for 131 Asbury Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,686 (+5.8%)
$254,500 + $274,900
$529,400
2024
$8,211 (+2.0%)
$167,500 + $284,400
$451,900
2023
$8,047 (−1.6%)
$132,500 + $279,100
$411,600
2022
$8,176 (−0.7%)
$111,500 + $272,600
$384,100
2021
$8,233 (−0.1%)
$98,700 + $259,600
$358,300
2020
$8,244 (+3.0%)
$98,700 + $230,900
$329,600
2019
$8,001 (+2.7%)
$98,700 + $228,300
$327,000
2018
$7,789 (+1.2%)
$88,500 + $224,400
$312,900
2017
$7,699 (+4.9%)
$88,500 + $207,500
$296,000
2016
$7,342 (+0.1%)
$88,500 + $207,500
$296,000
2015
$7,334 (+9.2%)
$77,500 + $202,200
$279,700
2014
$6,717 (−0.9%)
$77,000 + $156,500
$233,500
2013
$6,779
$77,000 + $156,500
$233,500
2012
$6,776 (+5.3%)
$77,000 + $156,500
$233,500
2011
$6,436 (+1.6%)
$77,000 + $156,500
$233,500
2010
$6,336 (+2.9%)
$121,000 + $156,400
$277,400
2009
$6,156
$121,000 + $156,400
$277,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
2
Lot width
106 ft.
Lot depth
228 ft.
Lot size
0.55 Acres
Year renovated
—
Sq. Ft.
1,574
Year built
1907
Style
Single Family Residential
County
Monmouth County
APN
2100228 00028
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
ARE-3
Agricultural Rural Estate 3 Zone
The purpose of the ARE-3 Zones is to minimize the impacts of development in areas located outside of the centers identified in the Townships Master Plan. The goals include preservation of rural and agricultural uses and preservation of rural character. Many areas include significant environmental constraints, including wetlands, floodplains, rare and endangered species habitats, aquifer recharge areas and high-quality watersheds.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Fire house
Police station
Property details
Parking
Parking Information
Garage: Yes
Garage Spaces: 1.0
Interior
Interior Features
Inclusions: Outdoor Lighting, AC Units, Washer, Water Softener, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Self/Con Clean, Stove, Refrigerator, Screens, Gas Cooking