For sale

$1,250,000

12 Gully Road, Neptune Township, NJ 07753

7beds

--sqft

$8,087/mo

Get pre-qualified

Multi Family

Built in 1925

-- sqft lot

$1,216,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Ample parkingHardwood floors throughoutImpeccable groundsLaundry in unitsHuge basement

Rare multi-property offering. 3 properties on 1 lot! Minutes to booming Asbury Park and esteemed Shark River Hills. Detached single family home W/ 4 bedrooms, nearly 2,000Sf of living space, sunroom, 1st floor bedroom, huge basement & hardwood floors throughout. 2 additional homes 1- 1 bedroom 1 bath & 1 - 2 bedrooms 1 bath totally renovated W/ Laundry in units. 2 car garage, Ample parking, impeccable grounds. 159 x 238 lot the possibilities are endless. Home has been meticulously cared for by current owner. Local to Jersey Shore Hospital. Easy access to Route 18, Route 35, Route 33, the Garden State Parkway, and nearby NJ Transit stations for commuters. 2 Units can be delivered vacant upon closing with the possibility of all 3 being vacant. Don't let this opportunity pass you by!

48 days

626

27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard

Cooling

Other

Features

Flooring: Wood, Ceramic Tile
Basement: Partially Finished
Number of fireplaces: 1

Property

Parking

Total spaces: 1
Parking features: See Remarks, Off Street
Attached garage spaces: 1

Features

Stories: 1
Patio & porch: Deck

Lot

Size: 0.87 Acres
Dimensions: 159 x 238

Details

Parcel number: 3504401000000078

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

Location

Region: Neptune

Financial & listing details

Tax assessed value: $886,000
Annual tax amount: $16,302
Date on market: 6/30/2026
Exclusions: personal items

Estimated market value

$1,216,200

$1.16M - $1.28M

$2,838/mo

Price history

Date	Event	Price
6/30/2026	Listed for sale	$1,250,000+438.8%
Source: MoreMLS #22619771 Report a problem
1/30/1999	Sold	$232,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,867 +14.4%	$886,000 +14.4%
2024	$12,994 +2.6%	$774,400 +10.4%
2023	$12,669 -2.8%	$701,500 +3%
2022	$13,034 +0.8%	$681,000 +11.3%
2021	$12,932 +6.1%	$612,000 +3.5%
2020	$12,190 +1.9%	$591,500 +4.1%
2019	$11,961 +0.4%	$568,300 +3.1%
2018	$11,909 +0.7%	$551,200 +4.6%
2017	$11,826 +3.2%	$527,200 +1%
2016	$11,453 +6.2%	$522,100 +1.5%
2015	$10,782 +7.5%	$514,300 +29.2%
2013	$10,034	$398,000