RENTED SEP 30, 2025

521 Lake Ave Unit 411 Ocean, NJ 07712

Estimated Value: $1,096,000

1 Bed
1 Bath
686 Sq Ft
$1,598/Sq Ft Est. Value

Highlights

  • Fitness Center
  • Terrace
  • Living Room
  • 0.46 Acre Lot
  • Elevator
  • 2-minute walk to Kennedy Park

About This Home

As of September 2025

1 Bed 1 Bath with terrace in the heart of downtown Asbury Park! Elevator building with gym. Shared laundry facilities & valet garage parking are available for an additional fee. Proof of Employment, Tax Returns/W2s and 2 years paystubs are required for applicants as well as a $200 non refundable application fee. Up to 2 dogs/3 cats allowed. $250 non refundable fee per cat. $500/$750 non refundable fee per dog, depending on dog's size. First month rent, security deposit equaling 1 month's rent & pet fee/s due on lease acceptance. Monthly rent price includes a $250 deduction for participating in direct payments. If tenant chooses not to participate, rent increased by $250/month

Last Agent to Rent the Property

Elizabeth McGillan

Sackman Realty License #0233850 Listed on: 08/11/2025

Sackman Realty

Last Renter's Agent

Eric Magliacane

Sackman Realty License #2078851

Sackman Realty

Property Details

Home Type

  • Apartment

Lot Details

  • 0.46

Parking

  • 1 Car Garage

Interior Spaces

  • 686 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Terrace
  • 0.46 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,750
  • Property Available on 8/10/25
  • Assessor Parcel Number 04-03105-0000-00004-02

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include trash, water, sewer
  • High-Rise Condominium

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Apartment

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-08-10

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Reso Association Amenities: Storage
  • Reso Association Fee Includes: Trash, Water, Sewer
  • Inclusions: Wall Oven, Stove, Microwave, Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: High Rise
  • Contract Info List PriceSqFt: 4.01
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Terrace: Yes
  • General Property Info Acreage: 0.46
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Contract Info Available Date: 2025-08-10
  • Maintenance Fees Security Deposit3: 2750.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 1
  • Common Elements Elevator3: Yes
  • Style High Rise: Yes
  • Common Elements Exercise Room3: Yes
  • Allowable:Cats OK: Yes
  • Allowable:Dogs OK: Yes
  • Garage Underground5: Yes
  • Common Elements Storage2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Appliances Included:Wall Oven: Yes

Exterior Features

  • Acres: 0.46
  • Waterfront: No
  • Exclusions: personal property
  • Patio And Porch Features: Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned
  • General Property Info:Garage: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 04-03105-0000-00004-02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2019
Sold by
Cookman Community Development Urban Rene
Bought by
545 Lake Avenue Urban Renewal Llc
Current Estimated Value
$1,096,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
545 Lake Avenue Urban Renewal Llc -- Evident Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Rented $2,750 0.0% --
09/16/2025 09/16/25 Under Contract -- -- --
08/11/2025 08/11/25 For Rent $2,750 0.0% --
08/10/2025 08/10/25 Under Contract -- -- --
08/10/2025 08/10/25 For Rent $2,750 -- --
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 $17,155 $1,155,600 $1,155,600 --
2024 $18,402 $1,084,400 $1,084,400 $0
2023 $18,402 $1,190,300 $1,190,300 $0
2022 $15,095 $1,051,000 $991,900 $59,100
2021 $15,095 $955,400 $901,700 $53,700
2020 $14,992 $951,900 $901,700 $50,200
2019 $14,939 $905,400 $858,800 $46,600
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth McGillan

    Landlord's Agent in 2025

    Elizabeth McGillan

    Sackman Realty

    (732) 674-6466

    194 Total Sales

    Elizabeth McGillan
    Section Image

  • E

    Tenant's Agent in 2025

    Eric Magliacane

    Sackman Realty

    (866) 201-6210

    7 in this area

    27 Total Sales

    Eric Magliacane
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22524125

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03105-0000-00004-02

New Jersey Monmouth County Ocean 07712

521 Lake Ave Unit 411, Ocean, NJ

Not Listed for Sale

MultiFamily

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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