NOT LISTED FOR SALE

508 7th Ave Unit 4 Asbury Park, NJ 07712

Estimated Value: $423,000 - $480,000

1 Bed
1 Bath
1,049 Sq Ft
348 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $429,000 $409 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,936/month

About This Home

As of September 2023

Welcome to your temporary seaside retreat in the heart of Asbury Park! This charming 1 bedroom, 1 bathroom rental offers a cozy and inviting space to enjoy the fall and winter seasons. Nestled just a few blocks from the beach, boardwalk, and downtown, this location provides the perfect blend of relaxation and vibrant city life. A short walk to Asbury Park's famous boardwalk, where you can enjoy breathtaking ocean views and a variety of entertainment options.Proximity to popular local restaurants, cafes, boutique shops, and art galleries for you to explore and experience the vibrant local culture. Asbury Park's vibrant music scene offers live performances and events throughout the year!

Last Agent to Rent the Property

Noelle Garifine

Diane Turton, Realtors-Asbury Park Listed on: 07/19/2023

Last Renter's Agent

Nicolle Garifine

All Shores Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 1960

Lot Details

  • 348

Interior Spaces

  • 1,049 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Assigned Parking

Utilities

  • Cooling Available
  • Zoned Heating
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Beachwood Grdns Subdivision

Listing and Financial Details

  • Property Available on 9/1/23
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 04-03606-0000-00010-17-C0305

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,213

Year Built

Built in 1960

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subdivision Name: Beachwood Grdns
  • Architectural Style: Other - See Remarks
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2023-09-01
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 1
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 04-03606-0000-00010-17-C0305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 1992
Bought by
Balla Paulette
Current Estimated Value
$461,864
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Balla Paulette $42,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Rented $24,600 +1100.0% --
08/06/2023 08/06/23 Price Changed $2,050 -31.1% $2 / Sq Ft
07/19/2023 07/19/23 For Rent $2,975 0.0% --
06/22/2023 06/22/23 Sold $429,000 +30.4% $421 / Sq Ft View Prior Sale
05/21/2023 05/21/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $329,000 -- $323 / 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 $6,213 $432,000 $129,600 $302,400
2024 $3,310 $392,700 $117,800 $274,900
2023 $3,310 $214,100 $64,200 $149,900
2022 $2,675 $186,200 $55,900 $130,300
2021 $2,564 $169,300 $50,800 $118,500
2020 $2,564 $162,800 $48,800 $114,000
2019 $2,772 $168,000 $50,400 $117,600
2018 $2,714 $152,300 $45,700 $106,600
2017 $2,731 $131,300 $39,400 $91,900
2016 $2,641 $123,200 $37,000 $86,200
2015 $2,675 $120,800 $39,900 $80,900
2014 $2,559 $118,100 $39,000 $79,100
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Makowski Fagan

    Seller's Agent in 2023

    Cynthia Makowski Fagan

    Salt and Cedar Properties, LLC

    (732) 939-5177

    2 in this area

    28 Total Sales

    Cynthia Makowski Fagan
    Section Image

  • N

    Landlord's Agent in 2023

    Noelle Garifine

    Diane Turton, Realtors-Asbury Park

  • N

    Tenant's Agent in 2023

    Nicolle Garifine

    All Shores Realty

  • C

    Buyer's Agent in 2023

    Carol Fleres

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22319706

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03601-0000-00004-05-C0401

New Jersey Monmouth County Asbury Park 07712

508 7th Ave Unit 4, 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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