NOT LISTED FOR SALE

512 Lareine Ave Unit 1 Bradley Beach, NJ 07720

Estimated Value: $981,000 - $1,327,000

2 Beds
1 Bath
1,288 Sq Ft
$902/Sq Ft Est. Value

Highlights

  • A-Frame Home
  • 4-minute walk to Bradley Beach
  • Hot Water Heating System
  • Porch
  • Cooling Available
  • 2-minute walk to Riley Park Bradley Beach

About This Home

As of April 2024

Annual rental is available in the highly desirable beach town of Bradley Beach. This tastefully renovated first-floor rental features two spacious bedrooms and an updated bathroom. Enjoy the beauty of the wood floors as you move through the open layout. The updated kitchen is perfect for those who enjoy cooking and entertaining. Conveniently located, this property is just a short distance away from the train station, making commuting a breeze. Additional amenities include dedicated storage space in basement and shared access to a washer and dryer. Street parking is available. Don't miss the opportunity to experience all that Bradley Beach has to offer in this charming rental. Storage space in basement. No pets and No smoking/vaping. One window A/C unit. Good credit needed.

Last Agent to Rent the Property

Katora Yim

Katora Realty, LLC License #9804062 Listed on: 02/10/2024

Last Renter's Agent

Katora Yim

Katora Realty, LLC License #9804062 Listed on: 02/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,403

Year Built

  • 1904

Lot Details

  • 6,534

Home Design

  • Triplex
  • A-Frame Home

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Heating System Uses Steam

Additional Features

  • Porch
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $3,900
  • Assessor Parcel Number 08-00034-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,403

Year Built

1904

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Architectural Style: A-Frame
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.15
  • Location Middle School: Bradley Beach
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Maintenance Fees Security Deposit3: 3900.0
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None
  • Year Built: 1904

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Steam, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 08-00034-0000-00024

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Hall Scott and Hall Denisa
Bought by
Neumann Stacie L and Neumann Michael
Current Estimated Value
$1,161,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Falotico John and Falotico Carole
Bought by
Hall Scott and Hall Denisa

Purchase Details

Closed on
Dec 5, 1997
Sold by
Raven Donna
Bought by
Falotico John and Falotico Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.14%
Mortgage Type
Commercial
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
Neumann Stacie L $850,000 Transparent Ttl & Setmnt Llc
Neumann Stacie L $850,000 None Listed On Document
Hall Scott $655,000 Multiple
Falotico John $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neumann Stacie L $595,000
Previous Owner Falotico John $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Rented $41,600 +1500.0% --
03/13/2024 03/13/24 Under Contract -- -- --
02/10/2024 02/10/24 For Rent $2,600 -90.5% --
09/28/2023 09/28/23 Rented $27,500 +1000.0% --
09/20/2023 09/20/23 Under Contract -- -- --
08/20/2023 08/20/23 For Rent $2,500 +66.7% --
08/01/2016 08/01/16 Rented $1,500 -- --
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 $10,403 $1,195,600 $659,400 $536,200
2024 $10,033 $1,134,500 $628,000 $506,500
2023 $10,033 $1,062,800 $595,700 $467,100
2022 $9,711 $892,900 $502,200 $390,700
2021 $9,711 $828,600 $390,300 $438,300
2020 $9,469 $774,900 $359,000 $415,900
2019 $9,452 $746,600 $413,500 $333,100
2018 $8,977 $648,600 $331,000 $317,600
2017 $8,753 $619,000 $311,000 $308,000
2016 $8,614 $616,200 $316,000 $300,200
2015 $8,164 $602,700 $316,000 $286,700
2014 $8,302 $617,900 $306,000 $311,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22403792

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00034-0000-00024