NOT LISTED FOR SALE

503 2nd Ave Bradley Beach, NJ 07720

Estimated Value: $1,926,000 - $2,253,000

7 Beds
3 Baths
2,631 Sq Ft
$782/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $1,976,000 $751 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,117/month

45 Days on Market

Highlights

  • Garage Apartment
  • Colonial Architecture
  • Granite Countertops
  • New Kitchen
  • Wood Flooring
  • No HOA

About This Home

As of May 2023

Fabulous location in Bradley Beach! This stately seven bedroom three bath Colonial faces the park on Bradley Beach's much sought after Second Avenue. Enjoy the Summer breezes from the large front porch of this beautiful home. Features hardwood floors, gas fireplace, New kitchen with granite surfaces, wood cabinets, Viking 6 burner range, and Viking Refrigerator. Office on first level with full bath and partially finished basement with bar and pool table Patio area for summer time grilling and outdoor shower completes your beach home wish list. Roof is two years old. There is also a three bedroom garage apartment with attached one car garage, patio area and another outdoor shower at the rear of this 50 x 150 oversized lot. Just four blocks to beach!

Last Agent to Sell the Property

Brenda Connolly

The Connolly Agency Brokerage Phone: 732-272-7700 License #0457043 Listed on: 04/06/2023

Last Buyer's Agent

Brenda Connolly

The Connolly Agency Brokerage Phone: 732-272-7700 License #0457043 Listed on: 04/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,908

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 1 Car Garage
  • Garage Apartment
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,631 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Wood Burning Fireplace
  • Awning
  • Living Room
  • Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00072-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,908

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-272-7700
  • Inclusions: AC Units, Washer, Dryer, Refrigerator, Awnings, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Bradley Beach
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Dec Molding5: Yes
  • Included Awnings: Yes
  • SidingStucco: Yes
  • Garage Apt Above Garage: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Total Bedrooms: 14
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Patio, Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Driveway
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Steam, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 08-00072-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12908.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 24, 2023
Sold by
Harrington Sharon A
Bought by
Sibley Paul A and Sibley Mary A
Seller's Agent
Brenda Connolly
The Connolly Agency
Buyer's Agent
Brenda Connolly
The Connolly Agency
List Price
$1,750,000
Sold Price
$1,976,000
Premium/Discount to List
$226,000
12.91%
Views
79
Current Estimated Value
$2,057,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,384
Avg. Annual Appreciation
1.73%
Original Mortgage
$1,482,000
Outstanding Balance
$1,393,726
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$663,658

Purchase Details

Closed on
Jan 26, 1996
Sold by
Zeisel Est Pearl
Bought by
Sullivan George and Sullivan Cheryl Seirfried

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.25%
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
Sibley Paul A $1,976,000 Two Rivers Title
Sibley Paul A $1,976,000 Two Rivers Title
Sullivan George $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibley Paul A $1,482,000
Closed Sibley Paul A $1,482,000
Previous Owner Sullivan George $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $1,976,000 +12.9% $751 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $1,750,000 -- $665 / 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
2025 $14,510 $1,802,700 $904,800 $897,900
2024 $13,896 $1,582,300 $806,100 $776,200
2023 $13,896 $1,472,000 $702,000 $770,000
2022 $13,444 $1,234,000 $590,000 $644,000
2021 $13,444 $1,168,400 $509,000 $659,400
2020 $13,438 $1,099,700 $487,500 $612,200
2019 $11,709 $924,900 $482,000 $442,900
2018 $11,981 $865,700 $443,500 $422,200
2017 $11,707 $827,900 $418,500 $409,400
2016 $11,290 $807,600 $408,500 $399,100
2015 $10,771 $789,500 $408,500 $381,000
2014 $9,709 $719,600 $388,500 $331,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22309000

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00072-0000-00004