NOT LISTED FOR SALE

502 6th Ave Asbury Park, NJ 07712

Estimated Value: $1,320,000 - $1,669,061

4 Beds
3.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 18, 2020

Last sale price $830,000

Est. 101% increase in value since last sale

Current estimated payment $10,525/month

Highlights

  • Water Views
  • New Kitchen
  • No HOA
  • Custom Home
  • Wood Flooring
  • 5-minute walk to Sunset Lake Memorial Park

About This Home

As of January 2023

BEAUTIFUL HOME ON SIXTH AVE ASBURY PARK! 4 BEDROOMS, 2 KINGS, 1 QUEEN, 3 TWIN AND QUEEN MURPHY BED IN SECOND FLOOR FAMILY ROOM. OPEN FLOOR PLAN, BEAUTIFUL FRONT PORCH, LARGE DECK, AND MORE! PERFECT FOR SUMMER, CLOSE TO BEACH! HOUSE DONE TOP TO BOTTOM! AVAILABLE JUNE, $25,000. JULY-$30,000. AUGUST-$30,000, SEP-$20,000. YOU WON'T BE DISSAPOINTED! CLEANING FEE $300 EVERY OTHER WEEK.

Last Agent to Rent the Property

John Loffredo

Jack Green Realty License #0016901 Listed on: 06/14/2022

Jack Green Realty

Last Renter's Agent

Dominic Barty-King

Heritage House Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,925

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Custom Home

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Crown Molding
  • Fireplace
  • French Doors
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 6/1/22
  • Month-to-Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,925

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Available Date: 2022-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Wood
  • Reso Interior Features: Dec Molding, French Doors, Wet Bar
  • Year Built: 1925
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2022-06-01
  • Maintenance Fees Security Deposit3: 3000.0
  • Lease Requirements Security Deposit4: Yes
  • Lease Terms Month to Month: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Foyer Dec Molding2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Stories: 3
  • Full Basement: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Double Sinks2: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Floor - Ceramic10: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, Detached
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Apr 14, 2020
Sold by
Franzen Eric M and Franzen Megan G
Bought by
Gillespie Catherine and Paterson Jennifer
Seller's Agent
Martha Bentley
Jack Green Realty
Buyer's Agent
John Loffredo
The Mary Holder Agency
Sold Price
$830,000
Current Estimated Value
$1,670,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,265
Avg. Annual Appreciation
14.01%
Original Mortgage
$400,000
Outstanding Balance
$357,543
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,289,872

Purchase Details

Closed on
Jun 26, 2016
Sold by
Harrison Ruthanne
Bought by
Franzen Eric M and Franzen Megan G

Purchase Details

Closed on
Sep 30, 2011
Sold by
Pech Ruthann and Harrison Ruthanne
Bought by
Harrison Ruthanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Gillespie Catherine $830,000 Coastal Title Agency
Franzen Eric M $675,000 Attorney
Harrison Ruthanne -- Westcor Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Catherine $400,000
Previous Owner Harrison Ruthanne $290,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Rented $51,000 +70.0% --
09/14/2022 09/14/22 Price Changed $30,000 +20.0% --
06/14/2022 06/14/22 For Rent $25,000 0.0% --
05/18/2020 05/18/20 Sold $830,000 -- $269 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
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 $19,925 $1,364,700 $664,000 $700,700
2023 $19,925 $1,288,800 $534,900 $753,900
2022 $16,238 $1,130,800 $445,700 $685,100
2021 $16,238 $1,027,700 $405,200 $622,500
2020 $14,509 $921,200 $383,100 $538,100
2019 $8,526 $516,700 $364,900 $151,800
2018 $13,037 $731,600 $324,000 $407,600
2017 $12,058 $579,700 $286,200 $293,500
2016 $10,765 $502,100 $291,200 $210,900
2015 $10,776 $486,700 $281,200 $205,500
2014 $10,668 $492,300 $356,200 $136,100
Source: Public Records

Agents Affiliated with this Home

  • John Loffredo

    Landlord's Agent in 2023

    John Loffredo

    Jack Green Realty

    (732) 768-3114

    8 in this area

    24 Total Sales

    Section Image

  • D

    Tenant's Agent in 2023

    Dominic Barty-King

    Heritage House Sotheby's International Realty

  • M

    Seller's Agent in 2020

    Martha Bentley

    Jack Green Realty

    (732) 776-6400

    3 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22218291

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03604-0000-00007

New Jersey Monmouth County Asbury Park 07712

502 6th Ave, Asbury Park, NJ

This home is located at 502 6th Ave, Asbury Park, NJ 07712 since 14 June 2022 and is currently priced at $1,508,015. This property was built in 1925. 502 6th Ave is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel 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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