5 months on rocket

507 Bay Ave, Union Beach, NJ, 07735

$739,000

Home List Price

$8,776*

Closing Credit

3 Bedrooms
3 Full Baths
1,750 SqFt
$422/SqFt
House

Location

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507 Bay Ave, Union Beach$739,000

Buyer Closing Credits

$8,776*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, On Street, Oversized
Garage1 space
Year Built2021
HeatingForced Air, Zoned
CoolingZoned
WaterfrontBay View, Creek
ViewBay, Creek/Stream
MLS #22416522
Lot Size0.11 Acres
StatusActive

About 507 Bay Ave

Welcome to 507 Bay Ave, where reverse living reaches its pinnacle of luxury and comfort. Nestled on a serene, peaceful block, this home offers a unique opportunity to observe ospreys as they raise their young just across the street. This exquisite property boasts 3 bedrooms and 3 bathrooms, designed with an array of upgrades to enhance your living experience. Step inside and discover the many high-end features, including an elevator for easy access to all levels and high hats that illuminate the space beautifully. The home is equipped with a 3-zone heating and air conditioning system, ensuring year-round comfort. The kitchen features stunning Quartz countertops, stainless steel appliances, and gorgeous views that can be enjoyed from 2 balconies. The craftsmanship extends throughout the home with copper piping, ensuring durability and reliability, and a generator for peace of mind. One of the highlights of this property is the spectacular water view, which can be savored from the comfort of your kitchen or either of the two balconies. Imagine watching the Macy's 4th of July fireworks from your balcony - a truly magical experience. Additionally, the lower level offers a finishable space with laundry facilities and outside access, providing endless possibilities for customization to suit your needs. 507 Bay Ave offers a harmonious blend of luxury, convenience, and natural beauty, making it the perfect sanctuary for anyone seeking a tranquil yet sophisticated lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Reverse Living
  • Year Built: 2021
  • Stories: 2
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: Agosta Realty Group LLC
  • Listing Agent: Kristen Benedict

Interior Features

Interior Information:

  • Appliances: Washer, Dishwasher, Dryer, Stove, Range Hood, Refrigerator, Generator
  • Basement: No
  • Interior: Attic, Balcony, Dec Molding, Elevator, Sliding Door, Spiral Stairs, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay View, Creek
  • View: Bay, Creek/Stream
  • Exterior: Balcony, Outdoor Shower, Porch - Open

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Concrete, Driveway, On Street, Oversized

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $739,000
  • Price Per SqFt: $422/SqFt

Tax Information:

  • Annual Amount: $3,910
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Union Beach, NJ.

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Union Beach, NJ

City

Med. Sold Price

$474.9K

Med. Price/SqFt

$316

Avg. Days On Market

20

# of Sold Homes

7

507 Bay Ave vs Union Beach

155 DAYS ON ROCKET

+135 Days

$739,000

+$264K More

$422/SqFt

+$105 More

KEY TAKEAWAY

This property is $264K more than the Median Sold Price and $105/SqFt more than other homes in Union Beach, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22416522

Listing Office:

  • Office Name: Agosta Realty Group LLC
  • Listing Agent: Kristen Benedict

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 © 2024 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: 11/14/2024, 12:20:55 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

Aug 07, 2015Home Sold
$95,000
Nov 24, 2014Home Sold
$94,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,910$155,400
2019$3,455$148,000
2018$3,456$128,800
2017$3,575$128,100

History based on county public records data.

Payment Calculator

$3,756

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,282

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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.

Nearby Schools

school-card-donut-76044
6
/10

  • Cove Road Elementary School

  • 8 Cove Rd

  • 1.25 miles

  • Public District Grades 5-6

school-card-donut-76045
7
/10

  • Middle Road Elementary School

  • 305 Middle Rd

  • 1.63 miles

  • Public District Grades 1-4

school-card-donut-76046
6
/10

  • Lillian Drive Elementary School

  • 28 Lillian Dr

  • 2.14 miles

  • Public District Grades 1-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,896. Residents of Union Beach, NJ typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Bay Ave

What is the listing price of this property?

The listing price of 507 Bay Ave property is $739,000.

What type of property is this?

The property 507 Bay Ave is a house located in Union Beach, New Jersey, 07735.

Is this property for sale now?

Active Listing: 507 Bay 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 $3,910 (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 7, 2015 for $95,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Bay Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 507 Bay Ave is 1,750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Bay Ave is 2021.

Rocket Homes›New Jersey›Monmouth County›Union Beach›07735›507 Bay Ave

This home is located at 507 Bay Ave in Union Beach, NJ and zip code 07735. This 1,750 square foot home, which was built in 2021, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $739,000.

In October 2024 more than 4 listings in Union Beach, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between September 2024 and October 2024, Union Beach, NJ real estate market has seen decrease in the number of listings by 15%. In October 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $474,995.

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

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