NOT LISTED FOR SALE

506 1/2 Lareine Ave Unit FRONT Bradley Beach, NJ 07720

Estimated Value: $825,302 - $960,000

3 Beds
2 Baths
1,494 Sq Ft
$614/Sq Ft Est. Value

Highlights

  • Dutch Colonial Architecture
  • 5-minute walk to Bradley Beach
  • Air Conditioning
  • Wood Flooring
  • Furnished
  • Living Room

About This Home

As of March 2023

WINTER RENTAL. Fully furnished 3 bedroom, 2 full bath home is turn key. Cozy up on the front porch with a warm cup of apple cider and watch the autumn sunset. Unlock the experience of the cooler months at the Jersey Shore. Local brewery, The Bradley pop up Cinema, local restaurants and much more on Main Street. Available upon date of CO certification. Available from October through May 20, 2023. Flexible with shorter months. NO PETS & NO SMOKING.

Last Agent to Rent the Property

Katora Yim

Katora Realty, LLC License #9804062 Listed on: 09/28/2022

Last Renter's Agent

Anthony F Payer

Ward Wight Sotheby's International Realty License #1328109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,530

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Dutch Colonial Architecture

Interior Spaces

  • 1,494 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Parking

  • No Garage
  • Driveway

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Air Conditioning
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $3,525
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 08-00034-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,530

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Furnished: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial
  • Year Built: 1924
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.08
  • Location Middle School: Bradley Beach
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Maintenance Fees Security Deposit3: 3525.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Furnished Yes: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Style Dutch Colonial: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Acres: 0.08
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 08-00034-0000-00019

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2006
Sold by
Burch Thomas A
Bought by
Murphy Keith
Current Estimated Value
$917,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$242,991
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$674,835

Purchase Details

Closed on
Aug 7, 2001
Sold by
Hud
Bought by
Burch Thomas and Burch Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.05%
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
Murphy Keith $520,000 --
Burch Thomas $135,111 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Keith $416,000
Previous Owner Burch Thomas $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Rented $9,400 +300.0% --
09/28/2022 09/28/22 For Rent $2,350 -- --
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 $7,530 $864,800 $539,700 $325,100
2024 $7,411 $821,200 $514,000 $307,200
2023 $7,411 $785,100 $501,800 $283,300
2022 $7,116 $700,600 $428,600 $272,000
2021 $7,116 $607,200 $340,100 $267,100
2020 $7,083 $579,600 $324,500 $255,100
2019 $7,010 $553,700 $385,500 $168,200
2018 $6,412 $463,300 $303,000 $160,300
2017 $6,199 $438,400 $283,000 $155,400
2016 $6,144 $439,500 $288,000 $151,500
2015 $6,040 $432,700 $288,000 $144,700
2014 $5,892 $425,700 $278,000 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22230558

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00034-0000-00019