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1324 Corlies Avenue, Neptune, NJ, 07753

--beds
--baths
2,782sqft
$699,000
$251price/sqft
$5,007/moest. monthly cost
$200,280/yrincome needed

About This Home

Potential three-family value-add / mixed-use redevelopment opportunity in a high-visibility location near Route 35. Prior configuration included a two-family residence with retail at the ground level. Renovation is underway, with framing in place and partial plumbing and electrical completed, based on a prior concept for a three-family residential layout with retail/office on the first floor. Buyer is responsible for verifying all proposed use, zoning, permits, approvals, and compliance requirements. Construction will need to be completed. Property also includes basement storage and a large rear parking lot. Conveniently located near Route 18, the Garden State Parkway, Jersey Shore University Medical Center, and the beach areas of Ocean Grove and Asbury Park.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

4/10
Neptune Middle SchoolGrades 6-80.8 mi
1/10
Neptune High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1906

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Cooling

  • Cooling features: Other

Interior Area

  • Total structure area: 2,782
  • Total interior livable area: 2,782 sqft

Property

Details

  • Parcel number: 3500515000000005
  • Exclusions: Personal Items

Features

  • Stories: 1

Lot

  • Lot size: 7,840 sqft
  • Lot size dimensions: 50 x 161

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
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Lightning
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 $3,534$42,408
Home Insurance *$223$2,676
Property Taxes $944$11,328
Electricity $306$3,680
Total$5,007$60,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$171,668/yr
40% on housing$150,210/yr
45% on housing$133,520/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

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 07753$320
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07753$400
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
2026-04-22Listed for sale$699,000
2025-10-09Sold$425,000

For Sale by Agent

AgentJoseph Scheeler
BrokerageWard Wight Sotheby's International Realty

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