NOT LISTED FOR SALE

501 Newark Ave Bradley Beach, NJ 07720

Estimated Value: $1,253,000 - $1,405,000

5 Beds
4 Baths
2,374 Sq Ft
$564/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $1,295,000 $545 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,166/month

4 Days on Market

Highlights

  • Custom Home
  • Sun or Florida Room
  • No HOA
  • Whirlpool Bathtub
  • Corner Lot
  • Balcony

About This Home

As of May 2024

Welcome to your Custom Shore Home! Only 4 blocks to the Beach! This spacious open floor plan home features Rooftop fiberglass decks, outdoor spaces for entertaining and soaking in the sunshine and cool ocean breezes. Step inside this 5 bedroom, 4 bath home with a contemporary kitchen, 1st floor bedroom & sun room, living & dining room, and finished basement. This corner property offers plenty of parking and lovely landscaping. Pride of ownership shows with many newer updates include; new A/C Units, Furnaces, Generac whole home Generator, Hot Water Heater, Sump pump and various flooring All replaced within the last 6 years. Don't miss out on this wonderful opportunity to move right in just in time for the summer! Welcome to your Custom Shore Home! Only 4 blocks to the Beach! This spacious open floor plan home features Rooftop fiberglass decks, outdoor spaces for entertaining and soaking in the sunshine and cool ocean breezes. Step inside this 5 bedroom, 4 bath home with a contemporary kitchen, 1st floor bedroom & sun room, living & dining room, and finished basement. This corner property offers plenty of parking and lovely landscaping. Pride of ownership shows with many newer updates include; new A/C Units, Furnaces, Generac whole home Generator, Hot Water Heater, Sump pump and various flooring All replaced within the last 6 years. Don't miss out on this wonderful opportunity to move right in just in time for the summer and enjoy a well maintained spacious Jersey Shore Beach house lifestyle.

Last Agent to Sell the Property

Ottavio Fontana

Preferred Properties Real Estate License #9702621 Listed on: 04/13/2024

Last Buyer's Agent

Richard Covey

Keller Williams Avon Realty License #1758103

Keller Williams Avon Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,491

Year Built

  • Built in 2007

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,374 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Window Treatments
  • Window Screens
  • Living Room
  • Sun or Florida Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed
  • Storage Shed

Schools

  • Bradley Beach Elementary And Middle School
  • St. Rose High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Custom Modular

Listing and Financial Details

  • Exclusions: Personal Possessions (some furniture and personal possessions negotiable for purchase).
  • Assessor Parcel Number 08-00018-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,491

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Custom Modular
  • ResoLotFeatures: Corner Lot
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Screens, Gas Cooking, Generator
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary, Other - See Remarks
  • Reso Flooring: Linoleum, Ceramic Tile, Laminate
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 2007
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Bradley Beach
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Utilities Included Generator: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Floors Linoleum: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Total Bedrooms: 13
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Partially Finished: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - Laminate5: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Personal Possessions (some furniture and personal possessions negotiable for purchase).
  • Exterior Features: Balcony, Patio, Porch - Enclosed, Shed, Lighting
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 08-00018-0000-00010
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10491.0

MLS Schools

  • Elementary School: Bradley Beach
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
May 31, 2024
Sold by
Carrea Dominic and Pagnotta Beatrice
Bought by
Hooks Claire Rachel and Hooks Julian Robert
Seller's Agent
Ottavio Fontana
Preferred Properties Real Estate
Buyer's Agent
Richard Covey
Keller Williams Avon Realty
List Price
$1,295,000
Sold Price
$1,295,000
Views
39
Current Estimated Value
$1,338,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,346
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Sep 4, 2008
Sold by
Carrea Dominic
Bought by
Carrea Dominic and Pagnotta Beatrice

Purchase Details

Closed on
Sep 27, 2007
Sold by
Patruno Lisa
Bought by
Hidden Shores Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 2007
Sold by
Hidden Shores Llc
Bought by
Carrea Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 2003
Sold by
Russell James
Bought by
Patruno Lisa
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hooks Claire Rachel $1,295,000 Westcor Land Title
Carrea Dominic -- Old Republic National Title
Hidden Shores Llc -- Old Republic National Title
Carrea Dominic $655,000 Old Republic National Title
Patruno Lisa $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrea Dominic $155,000
Previous Owner Hidden Shores Llc $50,000
Previous Owner Carrea Dominic $417,000
Previous Owner Hidden Shores Llc $405,000
Previous Owner Hidden Shores Llc $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $1,295,000 0.0% $545 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $1,295,000 -- $545 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,491 $1,186,600 $525,600 $661,000
2023 $10,491 $1,111,300 $512,400 $598,900
2022 $9,886 $957,100 $433,400 $523,700
2021 $9,886 $843,500 $332,200 $511,300
2020 $9,984 $817,000 $310,500 $506,500
2019 $9,025 $712,900 $350,000 $362,900
2018 $8,996 $650,000 $300,000 $350,000
2017 $8,545 $604,300 $265,000 $339,300
2016 $8,732 $624,600 $290,000 $334,600
2015 $8,559 $613,100 $290,000 $323,100
2014 $8,304 $600,000 $260,000 $340,000
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2024

    Ottavio Fontana

    Preferred Properties Real Estate

    (732) 245-0844

    1 in this area

    10 Total Sales

    Ottavio Fontana
    Section Image
  • Richard Covey

    Buyer's Agent in 2024

    Richard Covey

    Keller Williams Avon Realty

    (732) 766-9435

    14 in this area

    125 Total Sales

    Richard Covey
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409735

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00018-0000-00010

New Jersey Monmouth County Bradley Beach 07720

501 Newark Ave, Bradley Beach, NJ

This home is located at 501 Newark Ave, Bradley Beach, NJ 07720 since 13 April 2024 and is currently estimated at $1,338,346, approximately $563 per square foot. This property was built in 2007. 501 Newark Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and Hope Academy Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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