$580,000
SOLD JAN 8, 2025

503 1/2 Park Place Ave Bradley Beach, NJ 07720

2 Beds
1 Bath
710 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$817 Per Sq Ft

8% Below List Price

106 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Fenced
  • Porch
  • Living Room
  • Heating System Uses Natural Gas

About This Home

As of January 2025

A home tucked away from the street offers a cozy and private feel, while being so close to the train station means a quick and easy commute to NYC via the coastal corridor. Just four blocks from the ocean, a short walk or bike ride will take you to the sandy shores and gentle waves; the perfect mix of tranquility and convenience! Imagine a charming beach town cottage in this fantastic location, home needs TLC.The neighborhood exudes a friendly, laid-back vibe with tree-lined streets and charming local shops within walking distance. Create your own coastal haven fr an affordable price!AS-IS sale

Last Agent to Sell the Property

Vaishali Senjalia

Berkshire Hathaway HomeServices Fox & Roach - Princeton License #0679876 Listed on: 08/21/2024

Berkshire Hathaway HomeServices Fox & Roach - Princeton

Last Buyer's Agent

Katherine Raftery

NextHome Peninsula Realty Group License #2079376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,402

Year Built

  • Built in 1924

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22 x 100
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00021-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,402

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1924
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.05
  • General Property Info Lot Dimensions: 22 x 100
  • Location Middle School: Bradley Beach
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Cooling Electric3: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront: No
  • Exterior Features: Fence, Porch - Open

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • 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: 22 x 100
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 08-00021-0000-00008

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5402.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2013
Sold by
Arigot John G
Bought by
Leyes Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,823
Outstanding Balance
$169,522
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$446,391

Purchase Details

Closed on
Aug 2, 2001
Sold by
Genova Mary
Bought by
Arigot Muriel

Purchase Details

Closed on
Oct 15, 1997
Sold by
Gaeta Gerald
Bought by
Genova Mary Jane

Purchase Details

Closed on
Apr 9, 1996
Sold by
Jersey Properties
Bought by
Gaeta Gerald and Minogue Kevin
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 Type Sale Price Title Company
Deed $245,000 Old Republic National Title
Deed $139,900 --
Deed $139,900 --
Deed $55,700 --
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $41,492 FHA
Open $236,823 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $2,250 -66.1% $3 / Sq Ft
06/27/2025 06/27/25 For Rent $6,634 0.0% --
01/08/2025 01/08/25 Sold $580,000 -8.2% $817 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $632,000 -- $890 / 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 $5,402 $584,700 $435,700 $149,000
2023 $5,402 $572,200 $434,900 $137,300
2022 $4,665 $481,300 $372,700 $108,600
2021 $4,665 $398,000 $291,700 $106,300
2020 $4,645 $380,100 $279,400 $100,700
2019 $4,982 $393,500 $322,000 $71,500
2018 $4,707 $340,100 $272,000 $68,100
2017 $4,286 $303,100 $237,000 $66,100
2016 $4,563 $326,400 $262,000 $64,400
2015 $4,516 $323,500 $262,000 $61,500
2014 $4,647 $335,800 $232,000 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22424198

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00021-0000-00008