$390,000
SOLD JAN 6, 2025

508 7th Ave Unit 3 Asbury Park, NJ 07712

2 Beds
1 Bath
870 Sq Ft
$401/mo HOA Fee

Recently Sold

$448 Per Sq Ft

1% Above List Price

33 Days on Market

Highlights

  • Granite Flooring
  • Porch
  • Breakfast Bar
  • Deck
  • Air Conditioning
  • Living Room

About This Home

As of January 2025

This stylish loft-like condominium in Asbury Park is a perfect blend of charm and modern living. With 870 sq. ft. of thoughtfully designed space, it features 2br/1bth and a sun-filled atmosphere created by French doors that lead to a relaxing backyard deck. The unit's standout features include a sunken kitchen, washer/dryer and convenient off-street parking. Recent renovations, including modern appliances, provide a clean and fresh ambiance, while two entrances ensure both privacy and flexibility. The condo combines comfort, style, and convenience, making it an ideal place to call home. Just blocks from Asbury Park beach & boardwalk, public transportation, restaurants, coffee shops, music venues and a lively downtown!

Last Agent to Sell the Property

Deana Kreher

RE/MAX Gateway License #1542309 Listed on: 10/11/2024

RE/MAX Gateway

Last Buyer's Agent

Sheri Taylor

Realty One Group Emerge License #1110141

Realty One Group Emerge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1930

HOA Fees

  • $401 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Blinds
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Granite
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Upper Level

Utilities

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

Listing and Financial Details

  • Exclusions: Owners personal belongings.
  • Assessor Parcel Number 04-03601-0000-00004-04-C0301

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, heat, lawn maintenance, mgmt fees, snow removal, water
  • 4 Units
  • Beachwood Grdns Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,071

Year Built

Built in 1930

Lot Details

0

HOA Fees

$401 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Heat, Lawn Maintenance, Mgmt Fees, Snow Removal, Water
  • Inclusions: Outdoor Lighting, AC Units, Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Stove, Refrigerator
  • Subdivision Name: Beachwood Grdns
  • Architectural Style: One Level Unit, Upper Level
  • Reso Flooring: Ceramic Tile, Granite
  • Reso Interior Features: Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Water Heater Off Boiler: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Cooling Multi Units: Yes
  • Living Room Floor - Ceramic2: Yes
  • General Property Info # UnitsBldgs: 4.0
  • Floors Granite: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: Owners personal belongings.
  • Exterior Features: Deck, Porch - Open, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Assigned, Off Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 401.2
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 04-03601-0000-00004-04-C0301
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4071.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Jan 3, 2025
Sold by
Sager Joseph Moraitis
Bought by
Azzaro Shannon
Seller's Agent
Deana Kreher
RE/MAX Gateway
Buyer's Agent
Sheri Taylor
Realty One Group Emerge
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Views
44
Current Estimated Value
$394,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,053
Avg. Annual Appreciation
1.20%
Original Mortgage
$300,000
Outstanding Balance
$297,917
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$96,136

Purchase Details

Closed on
Mar 12, 2024
Sold by
Sager Jeana
Bought by
Moraitis Sager Joseph

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 11, 2018
Sold by
Dalton Cori
Bought by
Sager Jeana
Seller's Agent
Linda Brady
RE/MAX Gateway
Buyer's Agent
James Kesling
Prudential Zack Shore Properties
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $390,000 Old Republic Title
Deed -- All Ahead Title
Deed -- All Ahead Title
Deed $185,000 Arcadia Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2025 01/06/25 Sold $390,000 +4.0% $448 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $375,000 -2.6% $431 / Sq Ft
10/11/2024 10/11/24 For Sale $385,000 +108.1% $443 / Sq Ft
10/19/2018 10/19/18 Sold $185,000 -- $213 / Sq Ft View Prior Sale
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 $5,300 $368,400 $110,500 $257,900
2024 $4,071 $335,000 $100,500 $234,500
2023 $4,071 $263,300 $79,000 $184,300
2022 $3,288 $228,900 $68,700 $160,200
2021 $3,152 $208,100 $62,400 $145,700
2020 $3,152 $200,100 $60,000 $140,100
2019 $3,661 $221,900 $66,600 $155,300
2018 $3,566 $200,100 $60,000 $140,100
2017 $3,619 $174,000 $52,200 $121,800
2016 $3,615 $168,600 $50,600 $118,000
2015 $3,660 $165,300 $54,500 $110,800
2014 $3,771 $174,000 $57,400 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22429597

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03601-0000-00004-04-C0301