NOT LISTED FOR SALE

508 8th Ave Asbury Park, NJ 07712

Estimated Value: $1,967,000 - $3,317,000

6 Beds
2.5 Baths
-- Sq Ft
0.26 Acres

Last Sold September 08, 2021

Last sale price $2,150,000

Est. 29% increase in value since last sale

Current estimated payment $17,697/month

Highlights

  • Indoor Spa
  • Garage Apartment
  • Colonial Architecture
  • Heated In Ground Pool
  • New Kitchen
  • Maid or Guest Quarters

About This Home

As of September 2021

One of the most exquisite homes in Asbury Park. Main home has 6 bedrooms, third floor great room, indoor and outdoor stereo, gourmet kitchen, gorgeous backyard with inground heated pool, hot tub, oversized mahogany front porch, huge backyard patio, extra long driveway for extra parking and just a few blocks from the beach. Brand new roof, kitchen and sun porch. Just refinished hardwoods throughout.In addition to huge main house, there is an attached one bedroom apartment and a studio garage apartment. Both will be vacant in the next few months. Legal three family.

Last Agent to Sell the Property

Kimberly Newsome

Space & Company Listed on: 08/04/2021

Last Buyer's Agent

Diane Glander

Coldwell Banker Realty License #0457819

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,807

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Oversized Parking
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Rolled Roof
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Indoor Spa
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Quartz Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-03706-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,807

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • ResoPoolFeatures: Heated, In Ground
  • Inclusions: Outdoor Lighting, Hot Tub, Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Freezer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Ceilings - Beamed, Dec Molding, Hot Tub, Housekeeper Qtrs, In-Law Suite, Security System, Sliding Door, Recessed Lighting
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.26
  • General Property Info Lot Dimensions: 75 x 150
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Roof Timberline: Yes
  • Interior In-Law Suite: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Exterior Security System3: Yes
  • General Property Info # UnitsBldgs: 3.0
  • Interior Ceilings - Beamed: Yes
  • Included Hot Tub3: Yes
  • Siding Stucco - Cement: Yes
  • Interior Hot Tub: Yes
  • Interior Housekeeper Qtrs: Yes
  • Garage Apt Above Garage: Yes
  • Kitchen Marble4: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Total Bedrooms: 16
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.26
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Fence, Patio, Porch - Enclosed, Porch - Open, Security System, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Paver Block, Covered, Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 04-03706-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 16807.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 8, 2021
Sold by
Rutigliano John and Schoenfeld Matthew
Bought by
Biggs Jill L
Seller's Agent
Kimberly Newsome
Space & Company
Buyer's Agent
Diane Glander
Coldwell Banker Realty
List Price
$1,999,999
Sold Price
$2,150,000
Premium/Discount to List
$150,001
7.5%
Current Estimated Value
$2,781,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,312
Avg. Annual Appreciation
5.90%
Original Mortgage
$1,612,500
Outstanding Balance
$1,483,154
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,208,893

Purchase Details

Listed on
Nov 13, 2019
Closed on
Mar 19, 2020
Sold by
Softy Scott and Korologos John
Bought by
Rutigliano John and Schoenfeld Matthew
Seller's Agent
Joseph Baumann
Berkshire Hathaway HomeServices Fox & Roach - Ocean
Buyer's Agent
Kimberly Newsome
Resources Real Estate
List Price
$1,399,000
Sold Price
$1,365,000
Premium/Discount to List
-$34,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.50%
Original Mortgage
$1,092,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2018
Sold by
B9ove Dolores J and Dreher Joan M
Bought by
310 St Nick Llc

Purchase Details

Closed on
Nov 16, 2009
Sold by
Troy Steven M
Bought by
Softy Scott W

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
4.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2000
Sold by
Bialer Judith
Bought by
Troy Steven and Donegan Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 1997
Sold by
Graham Brian
Bought by
Bialer Irving and Bialer Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 1995
Sold by
Bristol Oaks
Bought by
Graham Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.58%
Mortgage Type
Commercial
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
Biggs Jill L $2,150,000 Able Title Agency Llc
Rutigliano John $1,365,000 Arcadia Title Agency
310 St Nick Llc $850,000 Scott Title Services Llc
Softy Scott W $970,000 None Available
Troy Steven $240,000 --
Bialer Irving $155,000 --
Graham Brian $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggs Jill L $1,612,500
Previous Owner Rutigliano John $1,092,000
Previous Owner Softy Scott W $400,500
Previous Owner Softy Scott W $420,000
Previous Owner Troy Steven $338,000
Previous Owner Troy Steven $249,999
Previous Owner Troy Steven $181,600
Previous Owner Bialer Irving $120,000
Previous Owner Graham Brian $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $2,150,000 +7.5% --
08/04/2021 08/04/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $1,999,999 0.0% --
07/13/2021 07/13/21 Rented $66,845 +143.1% --
07/12/2021 07/12/21 Under Contract -- -- --
06/28/2021 06/28/21 Price Changed $27,500 -8.3% --
06/27/2021 06/27/21 For Rent $30,000 +72.4% --
06/20/2020 06/20/20 Rented $17,400 +1100.0% --
06/18/2020 06/18/20 Under Contract -- -- --
06/15/2020 06/15/20 For Rent $1,450 0.0% --
03/24/2020 03/24/20 Sold $1,365,000 -2.4% --
02/20/2020 02/20/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $1,399,000 -- --
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
2024 $29,632 $1,979,800 $755,600 $1,224,200
2023 $29,632 $1,916,700 $559,800 $1,356,900
2022 $20,526 $1,905,800 $466,500 $1,439,300
2021 $20,526 $1,299,100 $452,900 $846,200
2020 $16,807 $1,067,100 $421,400 $645,700
2019 $16,391 $993,400 $401,400 $592,000
2018 $15,714 $881,800 $357,100 $524,700
2017 $15,956 $767,100 $312,800 $454,300
2016 $16,061 $749,100 $297,800 $451,300
2015 $16,105 $727,400 $287,800 $439,600
2014 $14,712 $678,900 $387,800 $291,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22120993

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03706-0000-00002