NOT LISTED FOR SALE

511 3rd Ave Asbury Park, NJ 07712

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

5 Beds
3.5 Baths
3,000 Sq Ft
$610/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,500,000 $500 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,576/month

14 Days on Market

Highlights

  • Granite Flooring
  • Shore Colonial Architecture
  • Workshop
  • Deck
  • Steam Shower
  • No HOA

About This Home

As of June 2022

Offer Accepted and in Attorney Review. This spectacular turn of the century home is perfectly located 4 blocks from both the boardwalk/beach and lively downtown. The first level offers a spacious floor plan with an original field stone fireplace, french doors and proper dining room. The eat-in kitchen features a tin ceiling and gourmet, double-door, 5 burner, stove/oven. Sliding glass doors lead out to a large deck overlooking the big backyard large enough for a swimming pool. The detached 2 car garage has an attached garden room for plenty of storage and off-street parking. Additionally, this home has a legal, 3rd floor, 2 br apartment for family or extra income and offers a stairway to a fiberglass rooftop deck with a view of the ocean.

Last Agent to Sell the Property

Donna DeNoble

Keller Williams Realty Central Monmouth License #0563220 Listed on: 04/12/2022

Keller Williams Realty Central Monmouth

Last Buyer's Agent

Sheryl Dente

Weichert Realtors-Holmdel License #0014011

Weichert Realtors-Holmdel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,782

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shore Colonial Architecture
  • Slab Foundation
  • Mirrored Walls
  • Shingle Roof
  • Fiberglass Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Living Room
  • Dining Room
  • Center Hall
  • Home Security System
  • Laundry Tub

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dinette
  • Double Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Primary Bathroom Bathtub Only
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Workshop

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Owners personal items.
  • Assessor Parcel Number 04-03401-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,782

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Oversized
  • Inclusions: Timer Thermostat, Ceiling Fan(s), Dishwasher, Double Oven, Security System, Stove, Stove Hood, Refrigerator, Screens, Fireplace Equipment, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Flooring: Granite, Wood
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Center Hall, Dec Molding, French Doors, In-Law Suite, Laundry Tub, Security System, Skylight, Sliding Door, Wall Mirror, Wet Bar, Recessed Lighting
  • Efficiency: Remote Thermostat
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Cooling Electric3: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Basement Workshop Workbench: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Interior Wall Mirror: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Interior Laundry Tub: Yes
  • Included Garbage Disposal: Yes
  • Siding Clapboard: Yes
  • GreatFamily Room Dec Molding6: Yes
  • GreatFamily Room French Doors4: Yes
  • Foyer Dec Molding2: Yes
  • Dining Room French Doors3: Yes
  • Floors Granite: Yes
  • Garage Workshop Workbench2: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features Program Thermostat: Yes
  • Energy Features Remote Thermostat: Yes
  • Energy Features Insulated Doors: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Workshop/ Workbench, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Steam Shower: Yes
  • Primary Bath Floor - Granite2: Yes

Exterior Features

  • Roof: Shingle, Fiberglass
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Owners personal items.
  • Construction Type: Clapboard
  • Exterior Features: Deck, Fence, Outdoor Shower, Porch - Open, Sprinkler Under, Porch - Covered, Lighting
  • Foundation Details: Slab
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Fiberglass: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway, Oversized, Workshop in Garage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, 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: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 04-03401-0000-00017
  • Zoning Description: Residential, Multi-Family

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10782.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jun 29, 2022
Sold by
Scheffler Theodore M and Scheffler Bernard C
Bought by
Sharkey John G and Shairicey Andrea Lynn
Seller's Agent
Donna DeNoble
Keller Williams Realty Central Monmouth
Buyer's Agent
Sheryl Dente
Weichert Realtors-Holmdel
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
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.
Estimated Appreciation
$328,877
Avg. Annual Appreciation
5.91%
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
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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
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
06/10/2022 06/10/22 Sold $1,500,000 -6.2% $500 / Sq Ft
05/24/2022 05/24/22 For Sale $1,599,000 0.0% $533 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $1,599,000 0.0% $533 / Sq Ft
04/12/2022 04/12/22 For Sale $1,599,000 0.0% $533 / Sq Ft
03/28/2021 03/28/21 Rented $35,000 0.0% --
03/24/2021 03/24/21 For Rent $35,000 -- --
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
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22209952

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03401-0000-00017