NOT LISTED FOR SALE

508 Monroe Ave Unit 101 Asbury Park, NJ 07712

Estimated Value: $552,000 - $631,000

1 Bed
1 Bath
-- Sq Ft
871 Sq Ft Lot

Highlights

  • New Kitchen
  • Furnished
  • Porch
  • Wood Flooring
  • Thermal Windows
  • 3-minute walk to Kennedy Park

About This Home

As of November 2021

WINTER RENTAL. Urban Living by the Sea. You are never far from all Asbury Park has to offer at this year round destination. Only 4 blocks to beach and boardwalk, 2 blocks to the vibrant downtown restaurants, boutiques and specialty shops, and 4 blocks to the footbridge leading to the Great Auditorium in Ocean Grove. Features include open concept living/dining room. Fully furnished and fully stocked well appointed kitchen. Relax outdoors (weather permitting) on the expansive deck complete w/ seating for 6 and BBQ grill. Pets considered on a case by case basis. Handicap Accessible. Call your favorite realtor today for a private showing. Minimum 4 month rental term. NO SMOKING - NO PETS

Last Agent to Rent the Property

Robert Roccia

RE/MAX Gateway License #0230927 Listed on: 11/04/2021

Last Renter's Agent

Robert Roccia

RE/MAX Gateway License #0230927 Listed on: 11/04/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,138

Year Built

  • Built in 2004

Lot Details

  • 871

Interior Spaces

  • 1-Story Property
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Thermal Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Intercom
  • Basement

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified
  • Accessible Approach with Ramp

Utilities

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

Additional Features

  • Porch
  • Landscaped
  • Lower Level

Listing and Financial Details

  • Security Deposit $1,950
  • Property Available on 9/1/17
  • Exclusions: Owners personal items
  • Month-to-Month Lease Term
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 04-03208-0000-00004-01-C0101

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units
  • Marilyn @ Mnroe Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Deck or Porch
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,138

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Furnished: Yes, Furnished
  • Available Date: 2017-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Reso Association Amenities: Landscaping
  • Inclusions: Timer Thermostat, Stove Hood, Washer, Stove, Ceiling Fan(s), Screens, Intercom, Microwave, Refrigerator, Window Treatments, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: Marilyn @ Mnroe
  • Reso Accessibility Features: Accessible Approach with Ramp
  • Architectural Style: Lower Level
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Dec Molding, Sliding Door, Handicap Equipped, Recessed Lighting
  • Year Built: 2004
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Common Elements Controlled Access2: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Acreage: 0.02
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Living Room Dec Molding3: Yes
  • Contract Info Available Date: 2017-09-01
  • Maintenance Fees Security Deposit3: 1950.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Handicap Acc: Yes
  • Floors Tile: Yes
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Included Intercom: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Foyer Dec Molding2: Yes
  • Style Lower Level: Yes
  • Common Elements Deck3: Yes
  • Interior Handicap Equipped: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Shower Stall2: Yes

Exterior Features

  • Acres: 0.02
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exclusions: Owners personal items
  • Exterior Features: Controlled Access, Handicap Acc, Porch - Open, Thermal Window

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

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

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 04-03208-0000-00004-01-C0101

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
Veeraf Sanjana
Bought by
Galantucci Daniel
Current Estimated Value
$588,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$221,320
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$367,478

Purchase Details

Closed on
Jul 23, 2013
Sold by
Sanjana Veeraf
Bought by
Sanjana Veeraf
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
Galantucci Daniel $425,000 Trident Abstract Title
Galantucci Daniel $425,000 Trident Abstract Title
Sanjana Veeraf -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galantucci Daniel $300,000
Closed Galantucci Daniel $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Rented $102,000 +5900.0% --
09/23/2021 09/23/21 For Rent $1,700 -84.8% --
10/01/2017 10/01/17 Rented $11,200 +43.6% --
11/21/2016 11/21/16 Rented $7,800 -- --
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 $7,138 $482,700 $144,800 $337,900
2024 $6,340 $451,200 $135,400 $315,800
2023 $6,340 $410,100 $123,000 $287,100
2022 $4,696 $341,800 $102,500 $239,300
2021 $4,696 $297,200 $89,200 $208,000
2020 $4,545 $288,600 $86,600 $202,000
2019 $4,328 $262,300 $78,700 $183,600
2018 $4,480 $251,400 $75,400 $176,000
2017 $4,582 $220,300 $66,100 $154,200
2016 $4,586 $213,900 $64,200 $149,700
2015 $4,598 $207,700 $68,500 $139,200
2014 $4,262 $196,700 $64,900 $131,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22131476

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03208-0000-00004-01-C0101