$1,295,000 - $1,746,000
RENTED MAY 15, 2025

507 8th Ave Unit 1 Asbury Park, NJ 07712

2 Beds
1 Bath
-- Sq Ft
6,534 Sq Ft Lot

Highlights

  • Multiple cooling system units
  • Dogs and Cats Allowed
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of May 2025

Step into a piece of history with this charming 2 bedroom, 1 bath, ANNUAL rental nestled NE Asbury Park. This home has beautifully preserved original details like hardwood floors, built-ins, fireplace, and dental molding, while also offering modern living conveniences like a brand new kitchen. There is a private back deck and back yard. This unit also comes with one off-street parking spot. W/D in the basement for convenience as well as a storage area. Pets are okay case by case.

Last Agent to Rent the Property

Shannon Mitchell

Space & Company License #1648682 Listed on: 04/07/2025

Last Renter's Agent

Thea Bowers

RE/MAX Gateway License #0787334

RE/MAX Gateway

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $17,845

Year Built

  • Built in 1920

Lot Details

  • 6,534

Parking

  • Assigned Parking

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Forced Air Heating System

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Property Available on 4/15/25
  • Assessor Parcel Number 04-03703-0000-00006

Property Details

Home Type

Apartment

Est. Annual Taxes

$17,845

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-04-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Other
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.15
  • WaterSewer Public Water: Yes
  • Contract Info Available Date: 2025-04-15
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Allowable:Cats OK: Yes
  • Allowable:Dogs OK: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Ceilings - High, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 04-03703-0000-00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Sold by
Bove Dolores J and Dreher Joan M
Bought by
310 St Nick Llc
Current Estimated Value
$1,537,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.85%

Purchase Details

Closed on
Jan 3, 2007
Sold by
Rosenthal Marsha
Bought by
Bove Dolores J and Dreher Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2000
Sold by
Vonholle David
Bought by
Rosenthal Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
8.24%
Mortgage Type
Commercial
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
310 St Nick Llc $850,000 --
Bove Dolores J $525,000 --
Rosenthal Marsha $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 310 St Nick Llc --
Previous Owner Bove Dolores J $420,000
Previous Owner Rosenthal Marsha $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 Rented $40,800 +1100.0% --
04/14/2025 04/14/25 Under Contract -- -- --
04/07/2025 04/07/25 For Rent $3,400 -89.1% --
02/01/2022 02/01/22 Rented $31,200 +1100.0% --
01/05/2022 01/05/22 For Rent $2,600 -84.0% --
10/01/2017 10/01/17 Rented $16,200 -20.6% --
02/04/2012 02/04/12 Rented $20,400 -- --
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 $17,845 $1,179,200 $678,400 $500,800
2024 $16,117 $1,128,000 $616,700 $511,300
2023 $16,117 $1,042,500 $518,900 $523,600
2022 $13,463 $908,200 $432,400 $475,800
2021 $11,304 $852,100 $419,800 $432,300
2020 $12,096 $768,000 $388,300 $379,700
2019 $11,304 $685,100 $364,900 $320,200
2018 $10,831 $607,800 $324,000 $283,800
2017 $10,192 $490,000 $281,200 $208,800
2016 $9,841 $459,000 $266,200 $192,800
2015 $9,832 $444,100 $256,200 $187,900
2014 $10,293 $475,000 $356,200 $118,800
Source: Public Records

Agents Affiliated with this Home

  • Shannon Mitchell

    Landlord's Agent in 2025

    Shannon Mitchell

    Space & Company

    (848) 448-6302

    30 in this area

    59 Total Sales

    Shannon Mitchell
    Section Image
  • Thea Bowers

    Tenant's Agent in 2025

    Thea Bowers

    RE/MAX

    (732) 361-0770

    18 in this area

    129 Total Sales

    Thea Bowers
    Section Image

  • M

    Seller's Agent in 2017

    Margaret O'Connor

    Berkshire Hathaway HomeServices Signature Properties

  • Charles Palmadesso

    Buyer's Agent in 2017

    Charles Palmadesso

    BHHS Fox & Roach

    (732) 241-2146

    25 Total Sales

    Charles Palmadesso
    Section Image

  • S

    Seller's Agent in 2012

    Susan McCarthy

    Prudential Zack Shore Properties

  • M

    Seller Co-Listing Agent in 2012

    Mary McAllister

    Prudential Zack Shore Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22509867

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03703-0000-00006

New Jersey Monmouth County Asbury Park 07712

507 8th Ave Unit 1, Asbury Park, NJ

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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