For Sale

$525,000

$25k

1501 Cherry Ln, Neptune Township, NJ 07753

3Beds
3Baths
1612SqFt

3Beds
3Baths
1612SqFt

Property Type
Townhouse
Year Built
2022
Price per Sqft
$326
On highrises
48 Days

Property Details

Welcome to 1501 Cherry Lane! Less than 2 miles from Asbury Park, Bradley Beach, and Ocean Grove, this end-unit townhome offers the perfect combination of coastal convenience and modern comfort. Built in 2022, this 3-bedroom, 2.5-bath home includes a spacious third-floor loftideal for a home office, gym, or additional lounge space. Whether you're looking for a smart investment with proven rental history or a fully furnished personal getaway near the Jersey Shore, this property delivers. Enjoy the freedom of no HOA fees, stylish finishes, and turnkey living with all furnishings included in the sale. This property can be purchased on its own or along with 1502 Heck Ave, offering even more flexibility for investors or multi-generational living.

Property Features

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2.5
Full Bathrooms: 2
1/2 Bathrooms: 1

Other Rooms

Basement Features: Crawl Space

Heating and Cooling

Cooling Features: Central Air
Heating Features: Forced Air
Heating: Yes

Garage and Parking

Parking Features: Assigned
Parking Total: 2

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

School Information

Middle School: Neptune

Other Property Info

Annual Tax Amount: 6479
Source Listing Status: Active
County: Monmouth
Directions: GPS to 1501 Cherry Lane
Tax Year: 2024
Source Property Type: Residential
Property Subtype: townhouse
MLS Area Minor: Neptune Twp (NPT)
Source Neighborhood: Schoolhouse Sq
Subdivision: Schoolhouse Sq
Property Subtype: Condominium

Building and Construction

Total Square Feet Living: 1612
Year Built: 2022
Building Area Total: 1612
Common Walls: End Unit
Property Age: 3
Property Attached: Yes
Levels or Stories: 3
Structure Type: Townhouse
House Style: Townhouse
Total Area Sqft: 1612

Utilities

Sewer: Public Sewer
Water Source: Public

Home Features

Green Energy Generation: Solar Panels

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
08/18/2025	Price Changed	$525,000	$326	MoreMLS
07/23/2025	Listed	$550,000	$341	MoreMLS
06/10/2021	Sold	$293,325	-	MoreMLS
12/27/2019	Sold	$394,391	$245	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$6,478	$168,200	+	$260,000	=	$428,200
2023	$6,665	$112,200	+	$256,900	=	$369,100
2022	$5,606	$51,900	+	$241,000	=	$292,900
2015	$881	$39,600	+	-	=	$39,600
2014	$1,143	$42,200	+	-	=	$42,200
2013	$1,082	$42,200	+	-	=	$42,200
2012	$1,063	$42,200	+	-	=	$42,200

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
150 Wembley Way	$739K	3	3	2471	2471
3 5th Ave Unit RESIDENCE303	$755K	2	2	1220	1220
3 5th Ave Unit RESIDENCE305	$749K	2	2	990	990
203 Sea Spray Ln	$855K	3	4	2276	2178
43 Victoria Gardens Sq	$751K	4	3	2313	2313
39 Victoria Gardens Sq	$726K	4	3	2313	2313

This listing is presented by Michael Sclafani

Presented by:
Michael Sclafani
state license#0901283

This listing is presented by RE MAX Central

Broker Location:

Manalapan

Data Source:

MoreMLS

Source's Property ID:

22521999

Data Source Copyright:

$525,000

$25k

1501 Cherry Ln, Neptune Township, NJ 07753