512 7th Ave Unit 2 Asbury Park, NJ 07712
Estimated Value: $1,582,000 - $2,235,000
            
                1
                Bed
            
            
            
                1
                Bath
            
            
            
                3,764
                Sq Ft
            
            
                
                    $497/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 512 7th Ave Unit 2, Asbury Park, NJ 07712 and is currently estimated at $1,871,865, approximately $497 per square foot. 512 7th Ave Unit 2 is a home located in Monmouth County with nearby schools including Asbury Park High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Mar 3, 2022
            
        
                Sold by
            
            
                Bonaro James D and Pascali-Bonaro Debra
            
        
                Bought by
            
            
                Metropolitan Realty Investors Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $400,000
            
        
                Outstanding Balance
            
            
                $373,729
            
        
                Interest Rate
            
            
                3.92%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $1,498,136
            
        Purchase Details
                Closed on
            
            
                Oct 22, 2004
            
        
                Sold by
            
            
                Vanzandt David
            
        
                Bought by
            
            
                Bonaro James and Bonaro Debra Pascali
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $281,500
            
        
                Interest Rate
            
            
                5.75%
            
        
                Mortgage Type
            
            
                Commercial
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Metropolitan Realty Investors Llc | -- | Legend Title | |
| Bonaro James | $635,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Metropolitan Realty Investors Llc | $400,000 | |
| Previous Owner | Bonaro James | $281,500 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $21,151 | $1,391,500 | $742,600 | $648,900 | 
| 2024 | $17,355 | $1,337,000 | $674,400 | $662,600 | 
| 2023 | $17,355 | $1,122,600 | $538,600 | $584,000 | 
| 2022 | $16,720 | $970,600 | $448,800 | $521,800 | 
| 2021 | $16,720 | $1,058,200 | $408,000 | $650,200 | 
| 2020 | $15,224 | $966,600 | $386,000 | $580,600 | 
| 2019 | $14,959 | $906,600 | $367,600 | $539,000 | 
| 2018 | $14,329 | $804,100 | $326,400 | $477,700 | 
| 2017 | $13,674 | $657,400 | $288,500 | $368,900 | 
| 2016 | $13,987 | $652,400 | $293,500 | $358,900 | 
| 2015 | $14,019 | $633,200 | $283,500 | $349,700 | 
| 2014 | $12,787 | $590,100 | $358,500 | $231,600 | 
                Source: Public Records
                    
            
        Map
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