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509 Park Place Avenue

509 Park Place Avenue, Bradley Beach, NJ 07720
Sold Oct 17, 2018
$525,000
$420,000 by Bcb Community Bank
Mortgage Due Nov 01, 2048
Sold Nov 10, 1993
$96,000
$86,000 by Foremost Ave
Mortgage
509 Park Place Avenue in Bradley Beach, NJ was first built in 1914 and is 110 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 509 Park Place Avenue has 1,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 352 sqft. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. The property was last sold in Oct 10, 2018 for $525,000. That's $376.07 per sqft. Prior to that sales transaction, the property was also sold in Sep 30, 1993 for $96,000. 509 Park Place Avenue was last assessed in 2023. The total value of the property was assessed at $986,900. Specifically, the land the property is located on was valued at $512,400. While improvements on the property were assessed at a total of $474,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,316. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 532
  • Garage Type: Attached
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STOHON MICHAEL
  • Current Owner 2: STOHON MICHELE
  • Previous Owner : VELARDI THOMAS
  • Previous Owner 2: VELARDI CHRISTINE
  • Owner Before Previous Owner: HEINIS ANNE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bradley Beach Borough School District
  • Census Tract: 808201

Zoning

  • Zoning: SF05

Geography

  • Account Number: 17
  • District: 08
  • Parcel: 08 00021-0000-00004
  • Block: 21
  • Lot: 4
  • Municipality: BRADLEY BEACH BORO
  • Latitude: 40.2059
  • Longitude: -74.0144

    Address

  • Full Address: 509 Park Place Ave
  • Address - House Number: 509
  • Address - Street Name: Park Place
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bradley Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 1434
  • Zip Code: 07720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,316

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 789,501
  • High Value: 939,878
  • Low Value: 639,123

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: BCB COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 17, 2018
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $986,900
  • Market Land Value: $512,400
  • Market Improvement Value: $474,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $986,900
  • Assessed Land Value: $512,400
  • Assessed Improvements Value: $474,500

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Transaction ID: 11527489911
  • Current Sale Price: $525,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018102084
  • Previous Sale Recording Date: Nov 10, 1993
  • Previous Sale Contract Date: Sep 30, 1993
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BCB COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 17, 2018
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FOREMOST AVE
  • Previous Mortgage Transaction Date: Nov 10, 1993
  • Previous Mortgage Loan Amount: $86,000

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Frequently Asked Questions

What neighborhood is 509 Park Place Avenue located in?
The 509 Park Place Avenue is a house located in the neighborhood of Bradley Beach in Bradley Beach, Bradley Beach.
What is the average sales price for listings in 509 Park Place Avenue?
The average sales price for units in 509 Park Place Avenue is $0 currently.

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