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1501 Ocean Ave

Asbury Park, NJ 07712

2 bd 2 ba 1,457 sqft condos
Most recent sale
$835,150
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $835,150 MLS #22204208
Feb 17, 2022 Listed $825,000 MLS #22204208
Jan 10, 2013 Sold $430,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $788,900 $87,700 $876,600 $15,358
2024 $788,900 $87,700 $876,600 $1,320
2023 $72,600 $72,600 $1,122
2022 $67,200 $67,200 $1,046
2021 $64,000 $64,000 $1,011
2020 $64,000 $64,000 $1,008
2019 $61,000 $61,000 $1,007
2018 $55,400 $55,400 $987
2017 $50,400 $50,400 $1,048
2016 $48,500 $48,500 $1,040
2015 $46,200 $46,200 $1,023
2014 $42,000 $42,000 $910
2013 $13,100 $13,100 $776
2012 $13,100 $13,100 $735
2011 $13,100 $13,100 $727
2010 $13,100 $13,100 $684
2009 $13,100 $13,100 $646

Property facts

Year built
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,457 sqft
Lot size
ZIP code
07712
City
Asbury Park
Street
Ocean Ave
Coordinates
40.22638, -73.99866

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,011
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1501 Ocean Ave last sell?
1501 Ocean Ave most recently sold on Apr 19, 2022 for $835,150.
What is the current tax assessment for 1501 Ocean Ave?
The most recent total assessment for 1501 Ocean Ave (year 2025) is $876,600 with $15,358 in property tax.
How does 1501 Ocean Ave's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $835,150.
When was 1501 Ocean Ave built?
The year built for 1501 Ocean Ave is not in our records.
How does 1501 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 1501 Ocean Ave?
1501 Ocean Ave is a 2 bed, 2 bath, 1,457 sqft condos.
Is 1501 Ocean Ave a flip candidate?
No — 1501 Ocean Ave does not appear in our flips dataset.
Is 1501 Ocean Ave a tax-appeal candidate?
No — 1501 Ocean Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.2%
2026 Q3
$928.6K
2026 Q4
$945.4K
ZIP 07712 — Median Price History + Forecast

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