$603,000 - $805,000
RENTED NOV 1, 2024

505 Myrtle Ave Allenhurst, NJ 07711

2 Beds
1 Bath
638 Sq Ft
$1,074 Price per Sq Ft

Last Sold May 25, 2023

Last sale price $550,000 $862 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,766/month

Highlights

  • Furnished
  • 4-minute walk to Allenhurst
  • Porch
  • Cottage
  • 1 Car Detached Garage
  • 5-minute walk to Terrence J. Bolan Park

About This Home

As of November 2024

WINTER RENTAL ONLY-Spend your days sitting on your front porch breathing in the ocean breezes in this Cute 2 bedroom 1 bath Ranch with all the conveniences of private laundry, central air and freshly painted and furnished. Close to Beach, shopping in Allenhurst, restaurants in Asbury Park and train transportation.

Last Agent to Rent the Property

Abby Scheer

G & G Agency Inc License #7844783 Listed on: 08/08/2024

Last Renter's Agent

Renald Charles

RE/MAX Synergy License #2077704

RE/MAX Synergy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,769

Year Built

  • Built in 1905

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage

Interior Spaces

  • 638 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 9/3/24
  • Ask Agent About Lease Term
  • Assessor Parcel Number 37-00062-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,769

Year Built

Built in 1905

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-09-03

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow, Ranch
  • Year Built: 1905
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.08
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2024-09-03
  • Maintenance Fees Security Deposit3: 2400.0
  • Lease Requirements Security Deposit4: Yes
  • Style CottageBungalow: Yes
  • Furnished Full2: Yes
  • Lease Terms Winter: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes

Exterior Features

  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Fence, Porch - Open

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 37-00062-0000-00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
May 25, 2023
Sold by
Surmonte James J
Bought by
505 Myrtle Ave Llc
Seller's Agent
Abby Scheer
G & G Agency Inc
Buyer's Agent
Abby Scheer
G & G Agency Inc
Sold Price
$12,000
Views
43
Current Estimated Value
$685,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,270
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
May 23, 2020
Sold by
Surmonte James J
Bought by
Surmonte James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Parratt Stephen W and Parratt Philip E
Bought by
Surmonte James J and Surmonte Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Parratt Stephen W
Bought by
Parratt Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1999
Sold by
Ray Peggy Morton
Bought by
Parratt Stephen and Haynes Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
7.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
505 Myrtle Ave Llc $550,000 Oceanview Title
Surmonte James J -- Trident Abstract Ttl Agcy Ll
Surmonte James J $2,299,000 None Available
Parratt Stephen W -- None Available
Parratt Stephen $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Surmonte James J $25,000
Previous Owner Surmonte James J $15,000
Previous Owner Surmonte James J $183,920
Previous Owner Parratt Stephen W $176,000
Previous Owner Parratt Stephen W $179,000
Previous Owner Parratt Stephen $77,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $1,600 0.0% --
10/31/2024 10/31/24 Under Contract -- -- --
10/09/2024 10/09/24 Price Changed $1,600 -11.1% $3 / Sq Ft
08/08/2024 08/08/24 For Rent $1,800 -85.0% --
06/22/2023 06/22/23 Rented $12,000 -20.0% --
06/16/2023 06/16/23 Under Contract -- -- --
06/08/2023 06/08/23 Price Changed $15,000 -16.7% $24 / Sq Ft
06/02/2023 06/02/23 Price Changed $18,000 +125.0% $28 / Sq Ft
05/31/2023 05/31/23 For Rent $8,000 0.0% --
05/25/2023 05/25/23 Sold $550,000 -8.3% $862 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $599,999 -- $940 / 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 $11,769 $546,300 $484,600 $61,700
2023 $11,769 $755,900 $695,900 $60,000
2022 $8,078 $445,400 $388,300 $57,100
2021 $8,078 $403,300 $350,700 $52,600
2020 $7,562 $372,700 $315,700 $57,000
2019 $7,121 $343,000 $286,300 $56,700
2018 $6,408 $300,400 $246,300 $54,100
2017 $6,447 $301,100 $250,000 $51,100
2016 $5,219 $219,100 $195,000 $24,100
2015 $4,885 $218,400 $195,000 $23,400
2014 $5,304 $239,800 $215,000 $24,800
Source: Public Records

Agents Affiliated with this Home

  • Abby Scheer

    Landlord's Agent in 2024

    Abby Scheer

    G & G Agency Inc

    (908) 489-8170

    1 in this area

    34 Total Sales

    Abby Scheer
    Section Image
  • Renald Charles

    Tenant's Agent in 2024

    Renald Charles

    RE/MAX

    (732) 795-9500

    4 Total Sales

    Renald Charles
    Section Image

  • J

    Seller's Agent in 2023

    James Valente

    NextHome Nexus Realty Group

    (908) 489-5246

    2 in this area

    16 Total Sales

    James Valente
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22422805

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00062-0000-00002

New Jersey Monmouth County Allenhurst 07711

505 Myrtle Ave, Allenhurst, NJ

This home is located at 505 Myrtle Ave, Allenhurst, NJ 07711 since 08 August 2024 and is currently priced at $685,270. This property was built in 1905. 505 Myrtle Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, Hope Academy Charter School, and St. Mary of the Assumption 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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