NOT LISTED FOR SALE

508 7th Ave Unit 2A Asbury Park, NJ 07712

Estimated Value: $340,000 - $404,000

1 Bed
1 Bath
667 Sq Ft
$553/Sq Ft Est. Value

Highlights

  • Air Conditioning
  • Electric Baseboard Heater
  • 1-Story Property

About This Home

As of January 2020

Freshly updated 1 bedroom annual rental on tree lined block. Brand new updated kitchen, bathroom, and floors. New appliances including an in unit washer and dryer. The apartment also includes 1 off-street parking spot, great for that summer madness! AND a great (soon to be power-washed and painted) large deck. Tenants must have good credit, income verification, background & eviction screening. NO smoking.

Last Agent to Rent the Property

Shannon Mitchell

Space & Company License #1648682 Listed on: 11/12/2019

Last Renter's Agent

Shannon Mitchell

Vail Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,749

Year Built

  • 1930

Lot Details

  • 348

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Assigned Parking

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Listing and Financial Details

  • Property Available on 11/18/19

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,749

Year Built

1930

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2019-11-18

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Number Appliances Included A C Units: Yes
  • Contract Info Available Date: 2019-11-18
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Special Features: None
  • Year Built (Public Record): 1930

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2022
Sold by
Mckee Daniel R
Bought by
Mckee Daniel R and Smith Patrick A
Current Estimated Value
$369,054

Purchase Details

Closed on
May 25, 2012
Sold by
Mckee Daniel R
Bought by
Mckee Daniel R and Smith Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 2003
Sold by
Simmons Joseph
Bought by
Mckee Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.62%
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
Mckee Daniel R -- Scott Title Services
Mckee Daniel R -- Coastal Title Agency Inc
Mckee Daniel $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckee Daniel R $90,000
Previous Owner Mckee Daniel $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2020 01/20/20 Rented $16,800 -- --
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 $4,749 $330,200 $99,100 $231,100
2024 $3,867 $300,200 $90,100 $210,100
2023 $3,867 $250,100 $75,000 $175,100
2022 $3,124 $217,500 $65,200 $152,300
2021 $3,124 $197,700 $59,300 $138,400
2020 $2,994 $190,100 $57,000 $133,100
2019 $3,412 $206,800 $62,000 $144,800
2018 $3,329 $186,800 $56,000 $130,800
2017 $3,469 $166,800 $50,000 $116,800
2016 $3,282 $153,100 $45,900 $107,200
2015 $3,323 $150,100 $49,500 $100,600
2014 $3,253 $150,100 $49,500 $100,600
Source: Public Records

Agents Affiliated with this Home

  • Shannon Mitchell

    Landlord's Agent in 2020

    Shannon Mitchell

    Space & Company

    (848) 448-6302

    31 in this area

    60 Total Sales

    Shannon Mitchell
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21945283

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03601-0000-00004-03-C0201

New Jersey Monmouth County Asbury Park 07712

508 7th Ave Unit 2A, 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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