NOT LISTED FOR SALE

506 Ocean Park Ave Bradley Beach, NJ 07720

Estimated Value: $737,859 - $790,000

3 Beds
1 Bath
1,088 Sq Ft
$705/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $550,000 $506 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,561/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Cooling Available
  • Heating System Uses Natural Gas
  • No HOA
  • Fenced

About This Home

As of August 2021

Highest + Best Final Offers in by Monday 6/21 at 12 pm. Build new or renovate in desirable Bradley Beach!! Close to Beach, train station + downtown. Walk to excellent restaurants and famous Bradley Boardwalk!This is a strictly AS IS where is property. Upper roof is in need of replacement. Interior damage has occurred. No representations from the seller. Use Due Diligence.Will not be available for a Conventional or FHA mortgage. Possibly a 203K mortgage.

Last Agent to Sell the Property

Diana Hamilton

Coldwell Banker Realty License #8430398 Listed on: 06/16/2021

Coldwell Banker Realty

Last Buyer's Agent

Joseph Baumann

The Connolly Agency License #9134474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 1914

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33 x 100
  • Fenced

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-00021-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,431

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1914
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.08
  • General Property Info Lot Dimensions: 33 x 100
  • Location Middle School: Bradley Beach
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 33 x 100
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 08-00021-0000-00014

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6431.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 5, 2021
Sold by
Gibbons Thomas and Gibbons Stephanie
Bought by
Smith Gregory S and Smith Bella C
Seller's Agent
Diana Hamilton
Coldwell Banker Realty
Buyer's Agent
Joseph Baumann
The Connolly Agency
List Price
$375,000
Sold Price
$550,000
Premium/Discount to List
$175,000
46.67%
Current Estimated Value
$766,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,715
Avg. Annual Appreciation
7.03%
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
Smith Gregory S $550,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $550,000 +46.7% $506 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $375,000 -- $345 / 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
2025 $5,714 $1,265,600 $535,500 $730,100
2024 $5,799 $623,100 $503,300 $119,800
2023 $5,799 $614,300 $501,400 $112,900
2022 $6,516 $521,300 $426,900 $94,400
2021 $6,516 $556,000 $331,300 $224,700
2020 $6,431 $526,300 $311,600 $214,700
2019 $7,125 $562,800 $408,000 $154,800
2018 $6,306 $455,600 $308,000 $147,600
2017 $5,813 $411,100 $268,000 $143,100
2016 $5,837 $417,500 $278,000 $139,500
2015 $5,740 $411,200 $278,000 $133,200
2014 $5,391 $389,500 $258,000 $131,500
Source: Public Records

Agents Affiliated with this Home

  • Diana Hamilton

    Seller's Agent in 2021

    Diana Hamilton

    Coldwell Banker Realty

    (732) 239-7229

    2 in this area

    41 Total Sales

    Diana Hamilton
    Section Image
  • Joseph Baumann

    Buyer's Agent in 2021

    Joseph Baumann

    The Connolly Agency

    (732) 221-0865

    2 in this area

    105 Total Sales

    Joseph Baumann
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22119386

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00021-0000-00014

New Jersey Monmouth County Bradley Beach 07720

506 Ocean Park Ave, Bradley Beach, NJ

This home is located at 506 Ocean Park Ave, Bradley Beach, NJ 07720 since 16 June 2021 and is currently estimated at $766,715, approximately $704 per square foot. This property was built in 1914. 506 Ocean Park Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and Hope Academy Charter 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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