NOT LISTED FOR SALE

505 Asbury Ave Unit B Ocean Gate, NJ 08740

Estimated Value: $423,000 - $502,788

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Highlights

  • Water Views
  • Colonial Architecture
  • Eat-In Kitchen
  • New Kitchen
  • Deck
  • Built-In Features

About This Home

As of March 2017

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.

Last Agent to Rent the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 11/18/2016

RE/MAX Gateway

Last Renter's Agent

Timothy O'Keefe

RE/MAX at Barnegat Bay License #1644400

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,272

Year Built

  • Built in 1940

Lot Details

  • 4,008

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Water Views
  • Crawl Space

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Central Regional High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Fenced

Listing and Financial Details

  • Security Deposit $2,025
  • Property Available on 12/15/16
  • Assessor Parcel Number 22-00032-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,272

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-12-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Stove, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Built-Ins
  • Year Built: 1940
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2016-12-15
  • Maintenance Fees Security Deposit3: 2025.0
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck, Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 22-00032-0000-00017

MLS Schools

  • High School: Central Regional

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
$478,947

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:

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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
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 $182,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Rented $15,600 -- --
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 $6,272 $381,500 $146,000 $235,500
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

    Landlord's Agent in 2017

    Robert Lange

    RE/MAX

    (732) 300-4307

    59 in this area

    407 Total Sales

    Robert Lange
    Section Image

  • T

    Tenant's Agent in 2017

    Timothy O'Keefe

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21643564

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00032-0000-00017

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 since 18 November 2016 and is currently priced at $478,947. This property was built in 1940. 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.

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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