NOT LISTED FOR SALE

508 Asbury Ave Ocean Gate, NJ 08740

Estimated Value: $399,000 - $432,000

3 Beds
1 Bath
1,092 Sq Ft
$381/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $269,900 $247 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,669/month

Highlights

  • Attic
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Double-Wide Driveway
  • Bay Window
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Winter rental opportunity! Sept1-May31, can also accommodate extending rental until June 30. Enjoy a cozy, partially furnished 3-bedroom, 1-bath ranch home in the desirable Ocean Gate area. All utilities are included in the rent! This well-maintained house features a washer, dryer, dishwasher, and a deck overlooking a fenced-in backyard. It's within walking distance to the charming downtown, the picturesque Ocean Gate Beach and boardwalk on the Toms River, and a nearby park. Please note, no pets allowed. A security deposit of $2,700 and the first month's rent are required at signing.

Last Agent to Rent the Property

Mary Albanese

Diane Turton, Realtors-Lacey Brokerage Phone: 5702691119 License #1756947 Listed on: 07/30/2024

Diane Turton, Realtors-Lacey

Last Renter's Agent

Mary Albanese

Diane Turton, Realtors-Lacey Brokerage Phone: 5702691119 License #1756947 Listed on: 07/30/2024

Diane Turton, Realtors-Lacey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Crawl Space
  • Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Double-Wide Driveway

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,700
  • Property Available on 9/1/24
  • Ask Agent About Lease Term
  • Assessor Parcel Number 22-00021-0000-00002-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,724

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Furnished: Partial
  • Available Date: 2024-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 5702691119
  • Inclusions: Stove, Ceiling Fan(s), Microwave, Window Treatments, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic
  • Year Built: 1978
  • Contract Info List PriceSqFt: 2.01
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2024-09-01
  • Maintenance Fees Security Deposit3: 2700.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room BayBow Window2: Yes
  • Furnished Partial3: Yes
  • Lease Terms Winter: Yes
  • Parking Double Wide: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes

Exterior Features

  • Acres: 0.14
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Double Wide
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00021-0000-00002-10

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 12, 2021
Sold by
Chrebet Tracy L
Bought by
Pizzuto Nicole
Seller's Agent
Vivian Lange
RE/MAX at Barnegat Bay
Buyer's Agent
Roxane Southcott-Roberts
Diane Turton, Realtors-Toms River
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$416,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,405
Avg. Annual Appreciation
9.97%
Original Mortgage
$215,920
Outstanding Balance
$195,371
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$220,934

Purchase Details

Listed on
May 27, 2016
Closed on
Apr 22, 2016
Sold by
Kozak Wendy and Jones Steve
Bought by
Jones Steven A
Seller's Agent
Vivian Lange
RE/MAX at Barnegat Bay - Forked River
Buyer's Agent
Vivian Lange
RE/MAX at Barnegat Bay - Forked River
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2009
Sold by
Helmer David W
Bought by
Mousa Deborah A and Chrebet Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,777
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2004
Sold by
Buscio Keith A
Bought by
Helmer David W and Mousa Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 1997
Sold by
Buscio Kevin M
Bought by
Buscio Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1994
Sold by
Diomede Elaine
Bought by
Buscio Keith and Buscio Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pizzuto Nicole $269,900 Surety Ttl Agcy Coastal Regi
Pizzuto Nicole $269,900 Surety Title
Jones Steven A -- Surety Title
Mousa Deborah A $205,500 Old Republic National Title
Helmer David W $239,900 Red Bank Title Agency Inc
Buscio Keith A $4,500 --
Buscio Keith $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pizzuto Nicole $215,920
Closed Pizzuto Nicole $215,920
Previous Owner Jones Steven A $425,000
Previous Owner Mousa Deborah A $201,777
Previous Owner Helmer David W $215,900
Previous Owner Buscio Keith A $83,500
Previous Owner Buscio Keith $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2024 09/03/24 Rented $22,000 +900.0% --
08/29/2024 08/29/24 Under Contract -- -- --
08/17/2024 08/17/24 Off Market $2,200 -- --
07/30/2024 07/30/24 For Rent $2,200 -88.9% --
08/26/2022 08/26/22 Rented $19,800 +800.0% --
08/20/2022 08/20/22 Under Contract -- -- --
08/09/2022 08/09/22 For Rent $2,200 -88.9% --
08/18/2021 08/18/21 Rented $19,800 +800.0% --
07/29/2021 07/29/21 For Rent $2,200 0.0% --
05/14/2021 05/14/21 Sold $269,900 0.0% $247 / Sq Ft View Prior Sale
02/25/2021 02/25/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $269,900 0.0% $247 / Sq Ft
03/28/2019 03/28/19 Rented $21,600 0.0% --
03/28/2019 03/28/19 Rented $21,600 +1100.0% --
03/28/2019 03/28/19 Under Contract -- -- --
12/28/2018 12/28/18 For Rent $1,800 -91.7% --
06/30/2016 06/30/16 Rented $21,600 0.0% --
06/12/2016 06/12/16 Rented $21,600 +1100.0% --
06/12/2016 06/12/16 Under Contract -- -- --
05/27/2016 05/27/16 For Rent $1,800 -- --
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 $5,724 $348,200 $180,000 $168,200
2024 $5,347 $348,200 $180,000 $168,200
2023 $4,925 $177,100 $70,000 $107,100
2022 $4,925 $177,100 $70,000 $107,100
2021 $4,714 $177,100 $70,000 $107,100
2020 $4,752 $177,100 $70,000 $107,100
2019 $4,636 $177,100 $70,000 $107,100
2018 $4,475 $177,100 $70,000 $107,100
2017 $4,442 $177,100 $70,000 $107,100
2016 $4,406 $177,100 $70,000 $107,100
2015 $4,616 $226,500 $115,000 $111,500
2014 $4,636 $226,500 $115,000 $111,500
Source: Public Records

Agents Affiliated with this Home

  • Mary Albanese

    Landlord's Agent in 2024

    Mary Albanese

    Diane Turton, Realtors-Lacey

    (732) 655-4599

    23 Total Sales

    Mary Albanese
    Section Image

  • R

    Seller's Agent in 2022

    Roxane Southcott-Roberts

    Diane Turton, Realtors-Toms River

    Section Image
  • Vivian Lange

    Seller's Agent in 2021

    Vivian Lange

    RE/MAX

    (609) 709-4758

    1 in this area

    284 Total Sales

    Vivian Lange
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22421802

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00021-0000-00002-10

New Jersey Ocean County Ocean Gate 08740

508 Asbury Ave, Ocean Gate, NJ

Not Listed for Sale

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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