NOT LISTED FOR SALE

607 Madison Ave Unit A-ANNUAL Bradley Beach, NJ 07720

Estimated Value: $947,663 - $1,067,000

2 Beds
1 Bath
1,484 Sq Ft
$674/Sq Ft Est. Value

Highlights

  • Custom Home
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • French Doors
  • Dining Room

About This Home

As of November 2023

ANNUAL-Spacious and sunny two-bedroom, one-bath duplex apartment available for annual rental. This side-by-side unit features a 1-car garage and a driveway for convenient parking. Inside, you'll find a washer and dryer for added convenience. Start your day right with morning coffee on the balconies located on both levels. Perfectly situated for commuters, this property is just a short distance from the train station, as well as an array of restaurants and boutiques on Main Street. Plus, with its prime location, you can enjoy the benefits of a summer rental that is only three blocks away from a beautiful sandy beach. Good credit is requested, and both smoking and pets are not allowed. Tenant Insurance required. Tenant pays all utilities.

Last Agent to Rent the Property

Katora Yim

Katora Realty, LLC License #9804062 Listed on: 10/27/2023

Last Renter's Agent

Dominic Barty-King

Space & Company License #0901876

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Custom Home
  • Slab Foundation

Interior Spaces

  • 1,484 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Dining Room
  • Linoleum Flooring

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $4,200
  • Property Available on 12/15/23
  • Assessor Parcel Number 08-00042-0000-00016

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-12-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Stove Hood, Washer, Stove, Ceiling Fan(s), Outdoor Lighting, Refrigerator, Dishwasher, Dryer, Electric Cooking
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: French Doors
  • Year Built: 2002
  • Contract Info List PriceSqFt: 1.89
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.06
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Interior French Doors: Yes
  • Exterior Porch - Open: Yes
  • Included Electric Cooking: Yes
  • Included Stove Hood: Yes
  • Included Ceiling Fan(s): Yes
  • Parking Concrete: Yes
  • Contract Info Available Date: 2023-12-15
  • Maintenance Fees Security Deposit3: 4200.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 1
  • Included Outdoor Lighting3: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Exterior Features: Porch - Open, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 08-00042-0000-00016

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Becker Michael C and Becker Gail I
Bought by
Jml Real Estate Investments Llc
Current Estimated Value
$1,000,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$442,939
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$557,977

Purchase Details

Closed on
Sep 20, 2019
Sold by
Ventrone Lucia
Bought by
Becker Michael C and Becker Gail I

Purchase Details

Closed on
Sep 20, 2006
Sold by
607 Madison Llc
Bought by
Ventrone Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,600
Interest Rate
6.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jml Real Estate Investments Llc -- Direct Title
Becker Michael C $550,000 Direct Title & Closing Agcy
Ventrone Lucia $549,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jml Real Estate Investments Llc $500,000
Previous Owner Ventrone Lucia $439,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2023 11/11/23 Rented $33,600 +1100.0% --
11/07/2023 11/07/23 Under Contract -- -- --
10/27/2023 10/27/23 For Rent $2,800 -91.7% --
09/01/2022 09/01/22 Rented $33,600 +1144.4% --
07/19/2022 07/19/22 Under Contract -- -- --
06/23/2022 06/23/22 For Rent $2,700 -- --
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 $6,726 $768,700 $444,400 $324,300
2024 $6,641 $733,500 $423,200 $310,300
2023 $6,641 $703,500 $422,100 $281,400
2022 $6,209 $600,600 $363,100 $237,500
2021 $7,240 $529,800 $297,500 $232,300
2020 $6,237 $510,400 $283,000 $227,400
2019 $7,240 $571,900 $314,000 $257,900
2018 $6,872 $496,500 $248,000 $248,500
2017 $6,724 $475,500 $232,000 $243,500
2016 $6,653 $475,900 $236,000 $239,900
2015 $6,526 $467,500 $236,000 $231,500
2014 $8,585 $620,300 $285,000 $335,300
Source: Public Records

Agents Affiliated with this Home

  • Katora Yim

    Landlord's Agent in 2023

    Katora Yim

    Katora Realty, LLC

    (732) 693-4545

    30 in this area

    64 Total Sales

    Katora Yim
    Section Image
  • Dominic Barty-King

    Tenant's Agent in 2023

    Dominic Barty-King

    Space & Company

    (732) 776-7078

    51 Total Sales

    Dominic Barty-King
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Obertlik

    Keller Williams Realty West Monmouth

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22330077

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00042-0000-00016

New Jersey Monmouth County Bradley Beach 07720

607 Madison Ave Unit A-ANNUAL, Bradley Beach, 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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