See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

309 Hume Street, Allenhurst, NJ, 07711

7beds
5baths
3,932sqft
$2,999,999
$763price/sqft
$17,801/moest. monthly cost
$712,040/yrincome needed

About This Home

Set in the Jersey Shore's top rated beach enclave, 309 Hume Street is a compound comprised of four residences; a single family detached home in the front, unit A, followed by Unit B garage cottage one bedroom 1 bath living room and kitchen; leading to the two family residence (Units C and D) which are two bedroom residences each. All units are fully rented, some month to month basis; there is a two car garage that can be leased for additional income. Currently the rent roll is approximately $102,400 annually; taxes are modest 9107.03, the property measures 53' wide by 142 deep. Close to the beautiful beaches, terrific boutiques and restaurants in surrounding Allenhurst, Deal & Asbury Park. Homes in Allenhurst are highly sought after & command very high prices. Don't miss this one!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

3/10
Bradley Elementary SchoolGrades PK-30.9 mi
3/10
Asbury Park High SchoolGrades 7-120.6 mi

Construction

Condition

  • Year built: 1907

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Multi Units

Interior Area

  • Total structure area: 3,932
  • Total interior livable area: 3,932 sqft

Property

Details

  • Parcel number: 0200018000000011
  • Exclusions: Tenants personal belongings

Features

  • Stories: 2

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,169$182,028
Home Insurance *$719$8,628
Property Taxes $1,480$17,760
Electricity $433$5,201
Total$17,801$213,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$610,320/yr
40% on housing$534,030/yr
45% on housing$474,693/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$763This listing

vs Other Active Listings

Avg $/sqft

ZIP 07711$1,060
Monmouth County$424

vs Homes Sold Last Month

Median $/sqft

ZIP 07711$1,225
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-04Listed for sale$3,400,000
2026-02-27Listing removed$3,599,000
2025-09-03Listed for sale$3,599,000
2024-06-14Sold$1,400,000
2023-12-08Listing removed--
2023-10-02Listing removed--
2023-10-02Price change$1,300,000
2023-09-27Listed for rent$2,300
2023-09-09Listed for sale$1,500,000
2021-02-25Listing removed--
2020-09-08Listing removed$1,700
2020-09-02Listed for rent$1,700
2020-06-14Listing removed$4,500
2020-06-07Listed for rent$4,500
2019-03-05Listing removed$1,250
2019-02-05Listed for rent$1,250
2018-03-06Listing removed$1,400
2018-03-02Listed for rent$1,400
2017-03-25Listing removed$1,800
2017-03-16Price change$15,000
2017-02-23Listed for rent$1,800
2016-03-19Listing removed$1,800
2016-01-06Listed for rent$1,800
2015-10-01Sold$530,000
2015-06-08Listed for sale$530,000

For Sale by Agent

AgentGrace Marcus
BrokerageSonya Grill Real Estate

Similar Homes