$550,000

505 Summerfield Ave Unit 202 Asbury Park, NJ 07712

Estimated payment $4,031/month

Total Views 9,224
1 Bed
1 Bath
1,500 Sq Ft
$367 Price per Sq Ft

Highlights

  • Wood Flooring
  • Ceiling height of 9 feet on the main level
  • Forced Air Heating and Cooling System
  • Balcony
  • Sliding Doors
  • 2-minute walk to Kennedy Park

About This Home

The Summerfield is offering a rare 1500 square foot ,one bedroom unit with an open floor plan. The condo has hardwood floors ,recessed lightning ,the kitchen offers granite counters and stainless appliances. Generous size living room & dining area with access to your private 35x10 outdoor deck. Plenty of storage ,coat closet as you enter ,a pantry in the kitchen and a substantial walk in closet .Laundry in unit and extra storage in the basement. Dogs permitted with a weight restriction of 50 pounds.
One block to Cookman Avenue, nightlife, arts, transportation ,and restaurants! Just a few short blocks to the boardwalk .

Listing Agent

Cheryl Sullivan

The Connolly Agency License #1536431 Listed on: 09/08/2025

Co-Listing Agent

Nancy Cantlon

The Connolly Agency License #1540210

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,057

Year Built

  • Built in 2007

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Blinds
  • Sliding Doors
  • Basement

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Utilities

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

Additional Features

  • Balcony
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 04-03208-0000-00006-04-C0202

Community Details

Overview

  • Association fees include common area, mgmt fees, snow removal
  • The Summerfield Subdivision

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,057

Year Built

Built in 2007

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association
  • Reso Association Fee Includes: Common Area, Mgmt Fees, Snow Removal
  • Co List Office Mls Id: 2867
  • Co List Office Phone: 732-361-0800
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: The Summerfield
  • Architectural Style: Upper Level, Detached
  • Reso Flooring: Cement
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr
  • Unit Levels: 2 Story
  • Year Built: 2007
  • Contract Info List PriceSqFt: 366.67
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Acreage: 0.01
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Style Detached2: Yes
  • Kitchen Floor - Wood4: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Stories: 3
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exterior Features: Balcony
  • Construction:Siding - Vinyl: Yes

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
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 1425.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 04-03208-0000-00006-04-C0202
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8057.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,057 $519,500 $155,800 $363,700
2024 $7,158 $509,300 $152,800 $356,500
2023 $7,158 $463,000 $138,900 $324,100
2022 $5,116 $409,700 $122,900 $286,800
2021 $5,116 $356,300 $106,900 $249,400
2020 $5,391 $342,300 $102,700 $239,600
2019 $5,239 $317,500 $95,200 $222,300
2018 $5,143 $288,600 $86,600 $202,000
2017 $5,219 $250,900 $75,300 $175,600
2016 $5,131 $239,300 $71,800 $167,500
2015 $5,145 $232,400 $76,700 $155,700
2014 $4,531 $209,100 $69,000 $140,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Price Changed $550,000 -4.3% $367 / Sq Ft
09/08/2025 09/08/25 For Sale $575,000 -- $383 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $250,000 --
Deed $175,000 East Coast Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 No Value Available
Closed -- No Value Available
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22527231

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03208-0000-00006-04-C0202

New Jersey Monmouth County Asbury Park 07712

505 Summerfield Ave Unit 202, Asbury Park, NJ

For Sale

Condos

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.

Nearby Homes
Cheryl Sullivan
Listing Agent
Cheryl Sullivan
Section Image
The Connolly Agency
(732) 743-7802