When was property at 508 Lake Terrace built and last sold?

The property at 508 Lake Terrace was built in 2002 and last sold on Jun 27, 2018 for $619,000.

How much is this home worth?

The estimated value of the home located at 508 Lake Terrace is $0.

What are some comparable homes to 508 Lake Terrace?

There are currently no comparable homes to 508 Lake Terrace.

Bradley Beach

07720

Bradley Beach

508 Lake Terrace

$619,000

● House - Off Market

508 Lake Terrace

Bradley Beach, NJ 07720

3 Beds

3 Baths

$953,459

RealtyHop Estimate

51.58%

Since Jul 1, 2018

National-US

Primary Model

About This Property

Built in 2002, this beautiful and well maintained 3 bedroom 3 full bath single family home is located four blocks from the beach! This home features hardwood floors throughout with a large eat-in kitchen. It is located on Lake Terrace and has a private cul-de-sac, Riley Court, located directly behind the home. There is a private driveway with plenty of off-street parking. Restaurants, beach, and Ocean Grove are all within walking distance.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$564

HOA Dues

Year Built

2002

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MOMLS #21812142)

Price History

Date / Event	Date	Event
Jun 28, 2018	Sold	Premium
Sold
Apr 6, 2018	Listed by The Connolly Agency	$629,000
Listed by The Connolly Agency

Property Highlights

Parking Available

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2002
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 220
Parking Space Count: 1
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,257

Lot Size Depth Feet: 880
Lot Size Frontage Feet: 370
Total Building Area: 1,742
Building Area: 1,742
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 1,742
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000075
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Bradley Beach Borough School District

Census Tract: 808201

Zoning

Zoning: R-1

Geography

Account Number: B 1

District: 08
Parcel: 08 00004- 01-00007
Block: 4.01
Lot: 7
Municipality: BRADLEY BEACH BORO
Latitude: 40.2078
Longitude: -74.0137

Address

Full Address: 508 Lake Ter

Address - House Number: 508
Address - Street Name: Lake
Address - Suffix Type: Ter
State: NJ
City Name: Bradley Beach
Carrier Code: C001
4-Digit Zip Code: 1569
Zip Code: 07720

Valuation

Tax

Tax Year: 2023

Tax Amount: $697,050

Appraisal Valuation

Standard Deviation: 0.1907

Valuation Date: Apr 03, 2024
Confidence Score: 74
Final Value: 820,554
High Value: 977,046
Low Value: 664,062

Market Valuation

Market Total Value: $738,400

Market Land Value: $368,000
Market Improvement Value: $370,400

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $738,400
Assessed Land Value: $368,000
Assessed Improvements Value: $370,400

Sales

Current Sale Contract Date: Jun 27, 2018

Current Sale Recording Date: Jul 11, 2018
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2018067555
Previous Sale Recording Date: Jan 22, 2003
Previous Sale Contract Date: Nov 13, 2002
Previous Sale Amount: $299,000
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Bradley Beach

Stats & Trends

Median Asking:

$975,000

Sale Price/ft²

$761

Below Asking

0.02%

Average Days on Market

Average Home Size

959 ft²

Average Home Age

97.6 years

Currently For Sale

9 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1150 Kingsley Street, Asbury Park, NJ, 07712

$3,525 /mo

1 Bed
1 Bath
729 ft²

1150 Kingsley Street #621, Asbury Park, NJ, 07712 Listing by Lisbeth E Contreras Morocho

Unit for rent at 700 Bangs Avenue, Asbury Park, NJ, 07712

$3,250 /mo

1 Bed
2 Baths
930 ft²

700 Bangs Avenue #207, Asbury Park, NJ, 07712 Listing by Elizabeth L McGillan

Unit for rent at 521 Lake Avenue, Asbury Park, NJ, 07712

$3,500 /mo

2 Beds
2 Baths
950 ft²

521 Lake Avenue #407, Asbury Park, NJ, 07712 Listing by Elizabeth L McGillan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jesse Decker, The Connolly Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21812142

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

508 Lake Terrace

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Bradley Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions