NOT LISTED FOR SALE

513 7th Ave Unit 1 Asbury Park, NJ 07712

Estimated Value: $1,184,000 - $1,321,000

1 Bed
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Highlights

  • Fitness Center
  • No HOA
  • Ceiling Fan
  • Deck
  • Central Air
  • Historic Home

About This Home

As of October 2017

Enjoy your morning coffee on this rocking chair front porch in this rare annual rental located just blocks from the beach. Spacious 1 BR first floor apartment, Gas and Electric utilities included, common backyard, deck, shed and washer/dryer. Enjoy all Asbury has to offer for this exceptional price!

Last Agent to Rent the Property

Amber Fernicola

Keller Williams Realty Spring Lake License #1223496 Listed on: 07/29/2017

Keller Williams Realty Spring Lake

Last Renter's Agent

Amber Fernicola

Global Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,299

Year Built

  • Built in 1910

Lot Details

  • 5,009

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Asbury Park Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Historic Home

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 8/1/17
  • Assessor Parcel Number 04-03706-0000-00013

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Fitness Center

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,299

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-08-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Inclusions: Stove Hood, Stove, Ceiling Fan(s), Microwave, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Historic
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Asbury Park
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • ExteriorDeck: Yes
  • Contract Info Available Date: 2017-08-01
  • Maintenance Fees Security Deposit3: 3000.0
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Common Laundry: Yes
  • Style Historic: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck

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: Central Air
  • Cooling Y N: Yes
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Asbury Park

Lot Info

  • Parcel #: 04-03706-0000-00013

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2020
Sold by
513 7Th Ave Asbury Park M N C Llc
Bought by
Gallo Michael
Current Estimated Value
$1,312,080

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
$268,732
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,049,404

Purchase Details

Closed on
Jul 26, 2017
Sold by
Seventh Ave Rentals Llc
Bought by
513 7Th Ave Asbury Park Mnm Llc

Purchase Details

Closed on
Jan 22, 2014
Sold by
Vitiello Francine and Flynn Denise
Bought by
Seventh Ave Rentals Llc

Purchase Details

Closed on
Jan 18, 2013
Sold by
Seventh Ave Rentals Llc
Bought by
Vitiello Francine and Flynn Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2012
Sold by
Vitiello Francine and Flynn Denise
Bought by
Seventh Ave Rentals Llc

Purchase Details

Closed on
Jan 18, 2002
Sold by
Cottrell Richard
Bought by
Vitiello Francine and Flynn Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2002
Sold by
Cottrell Richard
Bought by
Vitiello Frances and Flynn Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 1993
Sold by
Vonholle David
Bought by
Cottrell Richard
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
Gallo Michael -- Simplicity Title Llc
513 7Th Ave Asbury Park Mnm Llc $675,000 None Available
Seventh Ave Rentals Llc -- None Available
Vitiello Francine -- None Available
Seventh Ave Rentals Llc -- None Available
Vitiello Francine $265,000 --
Vitiello Frances $265,000 --
Cottrell Richard $60,806 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Michael $300,000
Previous Owner Vitiello Francine $188,500
Previous Owner Vitiello Frances $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Rented $22,200 -- --
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
2024 $15,299 $997,900 $597,600 $400,300
2023 $15,299 $989,600 $525,000 $464,600
2022 $12,928 $900,200 $437,500 $462,700
2021 $12,928 $818,200 $397,700 $420,500
2020 $11,806 $749,600 $375,700 $373,900
2019 $11,631 $704,900 $357,800 $347,100
2018 $11,141 $625,200 $317,500 $307,700
2017 $9,526 $458,000 $280,000 $178,000
2016 $9,719 $453,300 $285,000 $168,300
2015 $9,719 $439,000 $275,000 $164,000
2014 $9,153 $422,400 $300,000 $122,400
Source: Public Records

Agents Affiliated with this Home

  • Amber Fernicola

    Landlord's Agent in 2017

    Amber Fernicola

    Keller Williams Realty Spring Lake

    (732) 233-0729

    66 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21729589

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03706-0000-00013

New Jersey Monmouth County Asbury Park 07712

513 7th Ave Unit 1, Asbury Park, NJ

This home is located at 513 7th Ave Unit 1, Asbury Park, NJ 07712 since 29 July 2017 and is currently priced at $1,238,142. This property was built in 1910. 513 7th Ave Unit 1 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.

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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