Nestled in sought after Bradley Beach, this Charming Ranch Home offers the perfect blend of comfort and convenience. Featuring 3 Bedrooms, 2 Full Baths, and a 1-car garage - it is an ideal haven for families or those seeking a relaxed coastal lifestyle. The spacious fenced backyard provides ample space for outdoor activities and gatherings, while the proximity to the beach promises endless days of sun and surf. Inside, the home exudes warmth and character, with generously sized rooms, an inviting open front porch, and a full basement boasting high ceilings. With a little updating, the layout can be transformed into a modern, airy space perfect for entertaining. Don't miss the chance to make this gem yours for this Summer!
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1967
Stories: 1
Living Area: 1,437 SqFt
Listing Office:
Office Name: RE/MAX Synergy
Listing Agent: Andrew Kligman
Interior Features
Interior Information:
Appliances: Washer, Range, Dishwasher, Dryer, Stove, Range Hood, Refrigerator
Basement: Yes
Flooring Type: Ceramic Tile, Wood
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Porch - Open
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Driveway, On Street, Direct Access
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Neptune High School, Public District Grades 9-12
Bradley Beach Elementary School, Public District Grades PK-8
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
Price Per SqFt: $905/SqFt
Tax Information:
Annual Amount: $8,900
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,556
Per Month
Principal & Interest
$6,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,964
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Bradley Beach Elementary School
515 Brinley Ave
Distance between this listing and this school0.32 miles
Public District Grades PK-8
High School
2
/10
Neptune High School
55 Neptune Blvd
Distance between this listing and this school1.42 miles
Public District Grades 9-12
Assigned Schools
5
/10
Bradley Beach Elementary School
515 Brinley Ave
Distance between this listing and this school0.32 miles
Public District Grades PK-8
Nearby Schools
9
/10
Avon Elementary School
505 Lincoln Ave
Distance between this listing and this school0.55 miles
Public District Grades KG-8
4
/10
Midtown Community Elementary School
1155 State Route 33
Distance between this listing and this school0.90 miles
Public District Grades PK-5
Nearby Schools
2
/10
Asbury Park Middle School
1200 Bangs Ave
Distance between this listing and this school1.40 miles
Public District Grades 5-8
3
/10
Hope Academy Charter School
601 Grand Ave
Distance between this listing and this school1.50 miles
Public Charter Grades KG-8
4
/10
Neptune Middle School
2300 Heck Ave
Distance between this listing and this school1.60 miles
Public District Grades 6-8
Assigned Schools
2
/10
Neptune High School
55 Neptune Blvd
Distance between this listing and this school1.42 miles
Public District Grades 9-12
Nearby Schools
10
/10
Academy of Allied Health and Science
2325 Heck Ave
Distance between this listing and this school1.61 miles
Public District Grades 9-12
2
/10
Academy Charter High School
1725 Main St
Distance between this listing and this school1.91 miles
The neighbors living near this home have an average income of $82,167. Most Monmouth County, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 502 Monmouth Ave
What is the listing price of this property?
The listing price of 502 Monmouth Ave property is $1,300,000.
What type of property is this?
The property 502 Monmouth Ave is a house located in Bradley Beach, New Jersey, 07720.
Is this property for sale now?
Active Listing: 502 Monmouth Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 502 Monmouth Ave are: Bradley Beach Elementary School: GreatSchools Rating 5/10Neptune High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $8,900 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 25, 2014 for $470,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 502 Monmouth Ave has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 502 Monmouth Ave is 1,437 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 502 Monmouth Ave is 1967.
This home is located at 502 Monmouth Ave in Bradley Beach, NJ and zip code 07720. This 1,437 square foot home, which was built in 1967, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,300,000.
While more than 273 listings in Monmouth County, NJ in April 2024 were sold above asking price, there were more than 87 listings sold at asking price, and more than 200 were sold below. Between March 2024 and April 2024, Monmouth County, NJ real estate market has seen increase in the number of listings by 4.5%. In April 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $627,915.
From Rocket Homes Real Estate and based on county public records data.