3 months on rocket

503 8th Ave, Asbury Park, NJ, 07712

$999,000

0.63 Acres
$124/SqFt
Land

Location

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Property Highlights

Home TypeResidential Land
MLS #22427195
Lot Size0.63 Acres
StatusActive

About 503 8th Ave

Location, location, location!!! Buildable lot in red hot Northeast quadrant of Asbury Park. Bring your builders!!! No variance required. Build your shore dream home!!! Only 4 blocks to the beach and the Asbury Park boardwalk.

Property Details

Property Features

Property Information:

  • Living Area: 8,031 SqFt

Listing Office:

  • Office Name: Sackman Realty
  • Listing Agent: Patrick Schiavino

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.63 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $124/SqFt

Tax Information:

  • Annual Amount: $20,114
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Asbury Park, NJ.

Med. Sold Price

$700K

Med. Price/SqFt

$507

Avg. Days On Market

30

# of Sold Homes

15

503 8th Ave vs Asbury Park

108 DAYS ON ROCKET

+78 Days

$999,000

+$299K More

$124/SqFt

-$383 Less

KEY TAKEAWAY

This property is $299K more than the Median Sold Price and $383/SqFt less than other homes in Asbury Park, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22427195

Listing Office:

  • Office Name: Sackman Realty
  • Listing Agent: Patrick Schiavino

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2021Home Sold
$463,877

Tax History

YEARPROP. TAXASSESSMENT
2020$20,114$1,277,100
2019$18,677$1,167,900
2018$18,677$1,048,100
2017$19,036$915,200

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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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.

Nearby Schools

school-card-donut-470158
1
/10
  • Bradley Elementary School

  • 1100 3rd Ave

  • 0.74 miles

  • Public District Grades PK-3

school-card-donut-470159
1
/10
  • Thurgood Marshall Elementary School

  • 600 Monroe Ave

  • 0.85 miles

  • Public District Grades PK-3

school-card-donut-470160
8
/10
  • Wanamassa Elementary School

  • 901 Bendermere Ave

  • 1.31 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,601. The most common annual income of people living in Asbury Park, NJ is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 8th Ave

What is the listing price of this property?

The listing price of 503 8th Ave property is $999,000.

What type of property is this?

The property 503 8th Ave is land located in Asbury Park, New Jersey, 07712.

Is this property for sale now?

Active Listing: 503 8th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $20,114 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 14, 2021 for $463,877. (source: MLS/tax record).

How much acreage is this property?

The property 503 8th Ave is 0.63 acres.
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Rocket HomesNew JerseyMonmouth CountyAsbury Park07712503 8th Ave

This home is located at 503 8th Ave in Asbury Park, NJ and zip code 07712. This 8,031 square foot home sits on a 0.63 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $999,000.

While more than 5 listings in Asbury Park, NJ in December 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 7 were sold below. The number of homes for sale in Asbury Park, NJ decreased by 14.5% between November 2024 and December 2024. Listings spent 30 days on the market in December 2024, and had a median list price of $700,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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