NOT LISTED FOR SALE

516 Laurel Ave Allenhurst, NJ 07711

Estimated Value: $601,434 - $852,000

3 Beds
1 Bath
1,065 Sq Ft
$645/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $540,000 $507 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,279/month

104 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Home Office

About This Home

As of March 2024

PRICED BELOW ASSESSED VALUE, THIS THREE-BEDROOM HOME IN SOUGHT AFTER WEST ALLENHURST OFFER EXCEPTIONAL VALUE. Featuring wood floor, a peanut stone fireplace, decorative moldings, a full basement, and an eat-in kitchen, the home is located with walking distance of the Allenhurst train station and is a short bike ride to the beach and downtown Asbury Park. IF YOIU CAN FIND A BETTER VALUE IN THE AREA, LET US KNOW WHERE IT IS!

Last Agent to Sell the Property

Richard Nagel

RE/MAX Elite License #7937272 Listed on: 01/18/2024

RE/MAX Elite

Last Buyer's Agent

Theresa Capuano

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #1325940

Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1921

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50 x 44
  • Fenced

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,065 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Light Fixtures
  • 1 Fireplace
  • Thermal Windows
  • Insulated Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Wanamassa Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00073-0000-00009-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,761

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dryer, Light Fixtures, Stove, Stove Hood, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Expanded Ranch, 2 Story
  • Reso Flooring: Wood
  • Reso Interior Features: Attic, Dec Molding
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1921
  • Contract Info New Construction: No
  • 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
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.05
  • General Property Info Lot Dimensions: 50 x 44
  • General Property Info Farm: No
  • Location Middle School: Ocean
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Screens: Yes
  • Exterior Storm Door(s): Yes
  • Dining Room Dec Molding4: Yes
  • Parking Unpaved: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Cooling Multi Units: Yes
  • Style Expanded Ranch: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Porch - Open, Storm Door(s), Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Unpaved, Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 50 x 44
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 37-00073-0000-00009-01
  • Zoning Description: Residential

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6761.0

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 20, 2024
Sold by
Policastro Jennifer and Policastro James
Bought by
Rodriguez Allen Alberto and Krystopowicz Kelly Jillian
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
Theresa Capuano
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
30
Current Estimated Value
$687,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,359
Avg. Annual Appreciation
17.33%
Original Mortgage
$405,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2024
Closed on
Jan 26, 2024
Sold by
Policastro James and Policastro Jennifer
Bought by
Policastro James and Drake Jennifer
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
Theresa Capuano
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Policastro James and Policastro Jennifer
Bought by
Policastro James and Policastro Jennifer

Purchase Details

Closed on
Feb 14, 2008
Sold by
Worrell Erwin B and Richards Susan
Bought by
Policastro Jennifer and Policastro James
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
Rodriguez Allen Alberto $540,000 Trident Land Transfer
Rodriguez Allen Alberto $540,000 Trident Land Transfer
Policastro James -- Trident Abstract Title
Policastro James -- Trident Abstract Title
Policastro James -- None Available
Policastro Jennifer $310,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Allen Alberto $410,000
Closed Rodriguez Allen Alberto $405,000
Previous Owner Policastro James $206,250
Previous Owner Policastro James $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $540,000 -1.8% $507 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $550,000 0.0% $516 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $550,000 0.0% $516 / Sq Ft
01/15/2020 01/15/20 Rented $27,600 -- --
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 $7,791 $677,600 $422,700 $254,900
2024 $9,328 $536,200 $403,800 $132,400
2023 $9,328 $599,100 $470,400 $128,700
2022 $6,874 $383,300 $260,800 $122,500
2021 $6,874 $343,200 $240,100 $103,100
2020 $8,293 $408,700 $308,000 $100,700
2019 $7,974 $384,100 $283,900 $100,200
2018 $7,239 $339,400 $243,900 $95,500
2017 $7,155 $334,200 $243,900 $90,300
2016 $5,562 $233,500 $195,000 $38,500
2015 $5,466 $232,500 $195,000 $37,500
2014 $7,048 $304,300 $215,000 $89,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Nagel

    Seller's Agent in 2024

    Richard Nagel

    RE/MAX

    (732) 820-1425

    1 in this area

    150 Total Sales

    Richard Nagel
    Section Image
  • Theresa Capuano

    Buyer's Agent in 2024

    Theresa Capuano

    BHHS Fox & Roach

    (732) 895-8566

    1 in this area

    48 Total Sales

    Theresa Capuano
    Section Image

  • O

    Buyer's Agent in 2020

    Olga Moncada Navarro

    Weichert Realtors-Sea Girt

    (732) 664-0945

    15 Total Sales

    Olga Moncada Navarro
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22328354

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00073-0000-00009-01

New Jersey Monmouth County Allenhurst 07711

516 Laurel Ave, Allenhurst, NJ

This home is located at 516 Laurel Ave, Allenhurst, NJ 07711 since 18 January 2024 and is currently estimated at $687,359, approximately $645 per square foot. This property was built in 1921. 516 Laurel Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, Hope Academy Charter School, and St. Mary of the Assumption 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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