NOT LISTED FOR SALE

701 Sunset Ave Asbury Park, NJ 07712

Estimated Value: $1,576,105 - $2,749,000

1 Bed
1 Bath
3,231 Sq Ft
$603/Sq Ft Est. Value

Highlights

  • Lake Front
  • Wood Flooring
  • No HOA
  • Lake On Lot
  • Furnished
  • 2-minute walk to Fireman's Park

About This Home

As of April 2023

Enjoy your summer in the desirable town of Asbury Park!
- $8,400 a month (from Memorial day to Labor
day/Sea Hear Now Concert).
- $2,100 a month (off season).
Stay in this completely renovated one bedroom apartment that comes with a great bonus room with two twin size beds all right across from beautiful Sunset Lake and park! You will enjoy a completely separate side entrance to this third story walk up apartment. This exquisite refreshing apartment has a full kitchen, living room, central air conditioning which ''you control'',stainless steel appliances including dishwasher, refrigerator, microwave, stove, a full sized washer/dryer, 2 flat-screen TVs with free Wi-Fi & Netflix. Do you have to work before hitting the beach? There is side nook with a desk for you. Apartment located 6 blocks to the beach, less than a mile from downtown Cookman Avenue. Enjoy this quiet, relaxing neighborhood with all the fun that Asbury Park has to offer such as bars, music venues, art galleries, the classic Convention Hall, shopping and more.

3 pm check-in and 11 am check-out.

Safety:
Carbon monoxide/ smoke detectors
Exterior lighting
Exterior cameras
Keyless entry
Access to property requires stairs

Kitchen: Cooking basics, pots/pans, flatware, dish-ware, glasses, cups, toaster, coffee maker. Amenities: Linens/towels, 2 beach towels, hair dryer, 2 beach chairs, trash bags.

Parking: Free off street parking
No pets
No smoking
Maximum two persons.
No large gatherings/events
Quiet time starts at 10 pm
Photo ID required at Check in.
SRT-23-00168

Last Agent to Rent the Property

Carolina Gulino

Keller Williams Realty Spring Lake License #1758297 Listed on: 02/22/2023

Keller Williams Realty Spring Lake

Last Renter's Agent

Antonietta Carbone

VRI Homes

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $25,600

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front

Interior Spaces

  • 3,231 Sq Ft Home
  • 3-Story Property
  • Furnished
  • French Doors
  • Sliding Doors
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Property is near a lake
  • Lake On Lot
  • Lake Property

Location

  • Upper Level

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Property Available on 2/22/23
  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 04-02902-0000-00007

Community Details

Overview

  • No Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, electricity, lawn maintenance, snow removal, water, heat, sewer
  • 2 Units

Recreation

  • Snow Removal

Property Details

Home Type

Apartment

Est. Annual Taxes

$25,600

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2023-02-22

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Reso Association Fee Includes: Trash, Electricity, Lawn Maintenance, Snow Removal, Water, Heat, Sewer
  • Inclusions: Washer, Stove, Microwave, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Reso Flooring: Other
  • Reso Interior Features: French Doors, Sliding Door
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior French Doors: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Contract Info Available Date: 2023-02-22
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • General Property Info # Parking Spaces3: 0
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Fee Includes Heat4: Yes
  • Water Type Lake: Yes
  • Fee Includes Electricity3: Yes
  • Exterior Lake3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 3
  • Stories: 3
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Lake

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Detached
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 04-02902-0000-00007

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Cretella Lauren J and Cretella Susan Lynn
Bought by
Cretella Lauren J and Belanger Susan Lynn
Current Estimated Value
$1,946,776

Purchase Details

Closed on
Dec 13, 2021
Sold by
Balasa Geraldine
Bought by
Cretella Lauren J and Belanger Susan Lynn

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
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2017
Sold by
Balasa Geraldine and Capurso Luraine
Bought by
Balasa Geraldine

Purchase Details

Closed on
Mar 14, 2016
Sold by
Christen Gary
Bought by
Balasa Geraldine and Balasa Keith

Purchase Details

Closed on
Feb 25, 2011
Sold by
Christen Gary and Estate Of Stephen Christen
Bought by
Christen Gary

Purchase Details

Closed on
Apr 15, 2010
Sold by
Balasa Geraldine
Bought by
Balasa Keith and Veliky Dorene

Purchase Details

Closed on
Aug 16, 2004
Sold by
Kaeding Robert
Bought by
Christine Stephen and Balasa Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1998
Sold by
Stevens Leigh
Bought by
Kaeding Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.92%
Mortgage Type
Commercial
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
Cretella Lauren J -- --
Cretella Lauren J $950,000 Oceanview Title
Cretella Lauren J $950,000 Oceanview Title
Balasa Geraldine -- --
Balasa Geraldine $100,000 None Available
Christen Gary -- None Available
Balasa Keith -- None Available
Christine Stephen $650,000 --
Kaeding Robert $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cretella Lauren J $500,000
Previous Owner Christine Stephen $585,000
Previous Owner Kaeding Robert $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Rented $27,900 +232.1% --
03/14/2023 03/14/23 Price Changed $8,400 +300.0% $3 / Sq Ft
02/22/2023 02/22/23 For Rent $2,100 -- --
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 $25,600 $1,702,100 $822,300 $879,800
2024 $16,980 $1,618,200 $715,000 $903,200
2023 $16,980 $1,098,300 $575,700 $522,600
2022 $15,825 $1,093,300 $479,700 $613,600
2021 $15,825 $1,024,800 $436,200 $588,600
2020 $14,750 $936,500 $412,300 $524,200
2019 $14,238 $862,900 $392,600 $470,300
2018 $13,422 $753,200 $336,400 $416,800
2017 $14,059 $675,900 $308,500 $367,400
2016 $12,412 $578,900 $243,500 $335,400
2015 $12,405 $560,300 $233,500 $326,800
2014 $11,375 $524,900 $308,500 $216,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304775

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-02902-0000-00007