NOT LISTED FOR SALE

516 Prospect Ave Asbury Park, NJ 07712

Estimated Value: $318,000 - $623,000

1 Bed
1 Bath
800 Sq Ft
$547/Sq Ft Est. Value

About This Home

This home is located at 516 Prospect Ave, Asbury Park, NJ 07712 and is currently estimated at $437,292, approximately $546 per square foot. 516 Prospect Ave 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
Dec 10, 2018
Sold by
516 Prospect Ave Llc
Bought by
Sns Properties Llc
Current Estimated Value
$437,292

Purchase Details

Closed on
Jul 12, 2017
Sold by
Lpmn Llc
Bought by
516 Prospect Ave Llc

Purchase Details

Closed on
Sep 24, 2014
Sold by
Palma Linda and Norris Mary
Bought by
Lpmn Llc

Purchase Details

Closed on
May 4, 2006
Sold by
Innovative Outlook Llc
Bought by
Palma Linda and Norris Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2006
Sold by
Velez Nelson
Bought by
Innovative Outlook Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2002
Sold by
Lawson James
Bought by
Velez Nelson and Velez Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,700
Interest Rate
6.57%

Purchase Details

Closed on
Jan 14, 2002
Sold by
Williams Robert
Bought by
Lawson James
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Sns Properties Llc -- Madison Title Agency Llc
516 Prospect Ave Llc $150,000 Multiple
Lpmn Llc -- None Available
Palma Linda $230,000 --
Innovative Outlook Llc -- --
Velez Nelson $168,400 --
Lawson James $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sns Properties Llc $332,500
Open Sns Properties Llc $1,116,500
Previous Owner Palma Linda $175,000
Previous Owner Palma Linda $184,000
Previous Owner Velez Nelson $134,700
Source: Public Records

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 $5,037 $361,900 $114,800 $247,100
2023 $5,037 $325,800 $67,800 $258,000
2022 $3,471 $279,700 $45,200 $234,500
2021 $2,393 $219,700 $43,900 $175,800
2020 $3,087 $196,000 $41,800 $154,200
2019 $2,775 $168,200 $39,800 $128,400
2018 $2,627 $147,400 $38,000 $109,400
2017 $2,750 $132,200 $36,500 $95,700
2016 $2,644 $123,300 $34,500 $88,800
2015 $2,613 $118,000 $31,400 $86,600
2014 $2,421 $111,700 $26,400 $85,300
Source: Public Records

Map

New Jersey Monmouth County Asbury Park 07712

516 Prospect Ave, Asbury Park, NJ

This home is located at 516 Prospect Ave, Asbury Park, NJ 07712 and is currently estimated at $437,292, approximately $546 per square foot. 516 Prospect Ave 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.

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