551 Park Ave Freehold, NJ 07728
3
Beds
1.5
Baths
1,190
Sq Ft
9,583
Sq Ft Lot
Highlights
- Very Popular Property
- Marble Flooring
- No HOA
- Freehold Borough High School Rated A-
- Attic
- Circular Driveway
About This Home
As of January 20253-Bedroom 1.5 bath Home with Great Potential!This home is full of possibilities and located just steps away from shopping, restaurants, and essential services. The property features a spacious layout with a garage, basement, and a large yard, offering plenty of room for expansion or customization. While the home could benefit from updates, it has good bones and is a solid investment opportunity. Whether you're seeking a rental property with great income potential or a professional office space in a prime location, this home is versatile and ready for transformation. With some TLC, this property could be a fantastic addition to your portfolio. Don't miss the chance to explore its possibilities—schedule a showing today!
Last Agent to Sell the Property
Diane Turton, Realtors-Brick License #7855216 Listed on: 11/21/2024
Last Buyer's Agent
Diane Turton, Realtors-Brick License #7855216 Listed on: 11/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,469
Year Built
- Built in 1965
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 83 x 120 x 79 x 120
- Oversized Lot
Parking
- 1 Car Direct Access Garage
- Oversized Parking
- Garage Door Opener
- Circular Driveway
Home Design
- Shingle Roof
- Wood Roof
- Wood Siding
Interior Spaces
- 1,190 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Attic
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- <<builtInOvenToken>>
- Gas Cooktop
- Stove
- Range Hood
Flooring
- Wood
- Linoleum
- Marble
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bathroom on main floor
- Primary Bathroom Bathtub Only
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Park Avenue Elementary School
- Freehold Middle School
- Freehold Boro High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 16-00107-0000-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2024
Closed on
Jan 23, 2025
Sold by
Budner Elizabeth T
Bought by
Paramount Developers Limited Liability Compan
Seller's Agent
Marlene Mango
Diane Turton, Realtors-Brick
Buyer's Agent
Marlene Mango
Diane Turton, Realtors-Brick
List Price
$389,900
Sold Price
$415,000
Premium/Discount to List
$25,100
6.44%
Views
224
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.55%
Original Mortgage
$485,000
Outstanding Balance
$292,595
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$275,117
Similar Homes in Freehold, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $415,000 | Rise Abstract | |
| Bargain Sale Deed | $415,000 | Rise Abstract |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $485,000 | Construction | |
| Closed | $485,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $499,900 | +20.5% | $420 / Sq Ft |
| 01/21/2025 01/21/25 | Sold | $415,000 | +6.4% | $349 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 11/21/2024 11/21/24 | For Sale | $389,900 | -- | $328 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $4,469 | $260,700 | $147,900 | $112,800 |
| 2023 | $4,469 | $213,100 | $102,900 | $110,200 |
| 2022 | $4,101 | $203,200 | $102,900 | $100,300 |
| 2021 | $4,101 | $191,400 | $89,500 | $101,900 |
| 2020 | $4,970 | $186,700 | $89,500 | $97,200 |
| 2019 | $5,183 | $195,600 | $89,500 | $106,100 |
| 2018 | $5,108 | $189,100 | $85,000 | $104,100 |
| 2017 | $5,093 | $187,800 | $85,000 | $102,800 |
| 2016 | $5,870 | $221,100 | $129,300 | $91,800 |
| 2015 | $5,148 | $222,900 | $131,100 | $91,800 |
| 2014 | $5,327 | $240,900 | $149,100 | $91,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Ashkenazi
Seller's Agent in 2025
Michele Ashkenazi
Schecher Realty
(732) 539-5005
188 Total Sales
-
Marlene Mango
Seller's Agent in 2025
Marlene Mango
Diane Turton, Realtors-Brick
(732) 998-5532
1 in this area
99 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22433424
APN: 16-00107-0000-00007
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Information is deemed reliable but not guaranteed.
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