NOT LISTED FOR SALE

505 Asbury Ave Unit B Ocean Gate, NJ 08740

Estimated Value: $476,000 - $502,000

2 Beds
1 Bath
1,968 Sq Ft
$247/Sq Ft Est. Value

About This Home

This year round rental is for the upstarts unit and includes gas, water, sewer and exterior and lawn maintenance. There are new windows and sliding and newer kitchen, along with a deck off the back for relaxing and entertaining. You have water views from the bedrooms as you are 3 short blocks from Ocean Gate's famous beach and boardwalk.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Madeano and Cailey
Bought by
Amp Holdings 1 Llc
Current Estimated Value
$485,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Schumm Leo J and Schumm Dorothy
Bought by
Madeano Anthony and Madeano Cailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Amp Holdings 1 Llc $375,000 Guido Gregory J
Madeano Anthony $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amp Holdings 1 Llc $300,000
Previous Owner Madeano Anthony $150,000
Previous Owner Madeano Anthony $182,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Rented $15,600 -- --

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 $5,709 $381,500 $146,000 $235,500
2023 $5,259 $189,100 $60,700 $128,400
2022 $5,259 $189,100 $60,700 $128,400
2021 $5,034 $189,100 $60,700 $128,400
2020 $5,074 $189,100 $60,700 $128,400
2019 $4,951 $189,100 $60,700 $128,400
2018 $4,779 $189,100 $60,700 $128,400
2017 $4,743 $189,100 $60,700 $128,400
2016 $4,705 $189,100 $60,700 $128,400
2015 $4,881 $239,500 $100,000 $139,500
2014 $4,903 $239,500 $100,000 $139,500
Source: Public Records

Agents Affiliated with this Home

  • Robert Lange

    Seller's Agent in 2017

    Robert Lange

    RE/MAX

    (609) 693-5002

    65 in this area

    456 Total Sales

    Robert Lange
    Section Image
  • Timothy O'Keefe

    Buyer's Agent in 2017

    Timothy O'Keefe

    RE/MAX

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Map

New Jersey Ocean County Ocean Gate 08740

505 Asbury Ave Unit B, Ocean Gate, NJ

This home is located at 505 Asbury Ave Unit B, Ocean Gate, NJ 08740 and is currently estimated at $485,788, approximately $246 per square foot. 505 Asbury Ave Unit B is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

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