NOT LISTED FOR SALE

511 3rd Ave Unit 2 Asbury Park, NJ 07712

Estimated Value: $1,619,000 - $2,112,000

2 Beds
1 Bath
750 Sq Ft
$2,439/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • No HOA
  • Skylights
  • Wood Flooring
  • Detached Garage
  • Living Room

About This Home

As of June 2020

Welcome to this charming, sunny and bright annual rental. This quaint, 2 bedroom apartment has one larger bedroom and one smaller room perfect for a home office or child's bedroom. It is available furnished or unfurnished and features bamboo floors, 2 skylights and a huge shower with ceiling and wall mounted shower heads. Additionally, you can use the backyard BBQ to cookout and enjoy the beautiful weather. Just a few blocks to the beach, train station and downtown. Owner will provide some storage in the garage for bikes and/or beach chairs and access to laundry room in basement. ***Must be able to climb stairs.

3 month Summer Rental is an option. $2,500 per month with minimum 2 month stay. If stay 3 months, total cost is $7,000 ($500 discount.)

A small pet will be considered.

Last Agent to Rent the Property

Donna DeNoble

Weichert Realtors Listed on: 05/26/2020

Last Renter's Agent

Heddy Pierson

Burke&Manna Real Estate Agency License #1974212

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $23,247

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Colonial Architecture

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room
  • Walk-Out Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Parking

  • Detached Garage
  • On-Street Parking

Utilities

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

Additional Features

  • 7,405 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 6/1/20
  • Assessor Parcel Number 04-03401-0000-00017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$23,247

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Available Date: 2020-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Colonial, Upper Level
  • Reso Flooring: Wood
  • Year Built: 1900
  • Contract Info List PriceSqFt: 2.27
  • 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: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Contract Info Available Date: 2020-06-01
  • Maintenance Fees Security Deposit3: 2550.0
  • Kitchen Floor - Wood4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Walk-Out Access
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Basement:Walk-Out Access: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Level Third39: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bath Skylight8: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, Detached
  • General Property Info:Garage: No
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: 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: No

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 04-03401-0000-00017

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Scheffler Theodore M and Scheffler Bernard C
Bought by
Sharkey John G and Shairicey Andrea Lynn
Current Estimated Value
$1,828,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$985,265
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$843,612

Purchase Details

Closed on
Oct 27, 2000
Sold by
Hayes Thomas
Bought by
Scheffler Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.83%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hayes Thomas and Hayes Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
8.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sharkey John G $1,500,000 Fidelity National Title
Sharkey John G $1,500,000 Fidelity National Title
Scheffler Theodore $130,000 --
Hayes Thomas $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharkey John G $1,050,000
Closed Sharkey John G $1,050,000
Previous Owner Scheffler Theodore $104,000
Previous Owner Hayes Thomas $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Rented $10,400 +511.8% --
05/29/2020 05/29/20 Under Contract -- -- --
05/26/2020 05/26/20 For Rent $1,700 0.0% --
06/13/2019 06/13/19 Rented $1,700 -- --
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 $23,247 $1,549,600 $700,400 $849,200
2024 $19,744 $1,469,500 $609,400 $860,100
2023 $19,744 $1,277,100 $360,700 $916,400
2022 $10,782 $751,600 $300,500 $451,100
2021 $10,782 $682,400 $273,200 $409,200
2020 $10,119 $642,500 $260,000 $382,500
2019 $9,410 $570,300 $247,600 $322,700
2018 $9,133 $512,500 $226,400 $286,100
2017 $10,261 $493,300 $193,500 $299,800
2016 $10,190 $475,300 $178,500 $296,800
2015 $10,242 $462,600 $173,500 $289,100
2014 $9,210 $425,000 $233,500 $191,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2020

    Donna DeNoble

    Weichert Realtors

  • Heddy Pierson

    Tenant's Agent in 2020

    Heddy Pierson

    Burke&Manna Real Estate Agency

    (917) 685-0720

    45 Total Sales

    Heddy Pierson
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22016580

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03401-0000-00017

New Jersey Monmouth County Asbury Park 07712

511 3rd Ave Unit 2, Asbury Park, 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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