Landlord's Agent in 2020
Margaret Penta
Preferred Properties Real Estate
(732) 310-7047
2 in this area
28 Total Sales
506 7th Ave Asbury Park, NJ 07712
Estimated Value: $1,310,000 - $1,888,882
2
Beds
2
Baths
1,866
Sq Ft
$917/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bonus Room
- Skylights
- Victorian Architecture
- Balcony
- Living Room
About This Home
As of May 2020Completely updated 2 bedroom.2 bath with 2 balconies unit in 2 family home. The bottom level is owner occupied. Brand new everything!! Hardwood, new kitchen with appliances, amazing bathrooms, laundry in the unit. Central Air, alarm system and the house is wired for Verizon wireless. Private entrance.Plenty of storage, Reserved parking for 1 car. You will not be disappointed. No pets or smokers EXCELLENT CREDIT A MUST!
Last Agent to Rent the Property
Preferred Properties Real Estate License #0449016 Listed on: 04/17/2020
Last Renter's Agent
Gina Reid
Gloria Nilson & Co. Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,525
Year Built
- Built in 1930
Lot Details
- 7,405
Parking
- No Garage
Home Design
- Duplex
- Victorian Architecture
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Skylights
- Recessed Lighting
- Living Room
- Dining Room
- Bonus Room
- Wood Flooring
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on third floor
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Additional Features
- Balcony
- 7,405 Sq Ft Lot
Community Details
- Property has a Home Owners Association
- Front Yard Maintenance
- Association fees include lawn maintenance, water, sewer
Listing and Financial Details
- Property Available on 4/1/20
- Assessor Parcel Number 04-03601-0000-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 12, 2011
Sold by
Massaro Mark and Maldonado Israel
Bought by
Massaro Mark
Current Estimated Value
Purchase Details
Closed on
Dec 5, 2001
Sold by
Parsells Edwin
Bought by
Massaro Mark and Maldonado Israel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
7.15%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Massaro Mark | -- | Lawyers Title Insurance Corp | |
| Massaro Mark | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Massaro Mark | $212,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Rented | $28,200 | +1100.0% | -- |
| 05/14/2020 05/14/20 | Under Contract | -- | -- | -- |
| 04/17/2020 04/17/20 | For Rent | $2,350 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $22,525 | $1,541,800 | $742,600 | $799,200 |
| 2024 | $21,282 | $1,423,800 | $674,400 | $749,400 |
| 2023 | $21,282 | $1,376,600 | $538,600 | $838,000 |
| 2022 | $16,947 | $1,210,300 | $448,800 | $761,500 |
| 2021 | $16,947 | $1,072,600 | $408,000 | $664,600 |
| 2020 | $13,334 | $846,600 | $386,000 | $460,600 |
| 2019 | $12,858 | $779,300 | $367,600 | $411,700 |
| 2018 | $12,319 | $691,300 | $326,400 | $364,900 |
| 2017 | $10,903 | $524,200 | $288,500 | $235,700 |
| 2016 | $11,037 | $514,800 | $293,500 | $221,300 |
| 2015 | $11,050 | $499,100 | $283,500 | $215,600 |
| 2014 | $10,863 | $501,300 | $358,500 | $142,800 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Penta
-
G
Tenant's Agent in 2020
Gina Reid
BHHS Fox & Roach
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22012644
APN: 04-03601-0000-00005
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