NOT LISTED FOR SALE

1080 Ocean Ave Unit 401 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $1,587,861 - $1,710,000

2 Beds
2 Baths
1,550 Sq Ft
$500/mo HOA Fee

Last Sold June 04, 2024

Last sale price $1,711,000 $1,104 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,886/month

9 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Bonus Room
  • Wolf Hill Elementary School Rated A-
  • Engineered Wood Flooring
  • Great Room

About This Home

As of June 2024

THE BREAK is situated opposite the picturesque beach in downtown Sea Bright, providing enchanting vistas of the Atlantic Ocean. Revel in the sunrise from the balcony of this luxury residence designed by Mode Architects & constructed by K.Shaw Builders. The open floor plan adorned with custom millwork, encompassing a gourmet eat-in kitchen w/ a white quartz center island & the GE Cafe appliance package. The sunlit Great Room, offering ocean views, is an ideal space for entertaining. Bonus Room is perfect for a study/office or anything to meet your needs. Primary Suite has a walk-in closet, spa like bathroom w/ a walk in shower & double sinks. The additional 2nd bedroom and full bathroom makes having company easy.

Last Agent to Sell the Property

Mark Gardner

O'Brien Realty, LLC License #1969868 Listed on: 04/08/2024

Co-Listed By

Kathryn Bateman

O'Brien Realty, LLC License #0679305

Last Buyer's Agent

Mark Gardner

O'Brien Realty, LLC License #1969868 Listed on: 04/08/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,824

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,792

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Converted Garage
  • Off-Street Parking
  • Assigned Parking

Property Views

  • Ocean
  • River

Home Design

  • Mid Level
  • Flat Roof Shape

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Great Room
  • Bonus Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Handicap Accessible
  • Balcony
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 42-00015-0000-00003

Community Details

Overview

  • Association fees include common area, mgmt fees
  • The Break Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,824

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Riverview
  • Reso Association Amenities: Professional Management, Extra Storage, Controlled Access, Association, Common Access
  • Reso Association Fee Includes: Common Area, Mgmt Fees
  • Co List Office Mls Id: 2928
  • Co List Office Phone: 732-229-3532
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: The Break
  • Architectural Style: Middle Level, Upper Level
  • Reso Interior Features: Balcony, Bonus Room, Dec Molding, Elevator, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built: 2024
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Floor - Engineered3: Yes
  • Kitchen Quartz: Yes
  • GreatFamily Room Sliding Door4: Yes
  • GreatFamily Room Floor - Engineered4: Yes
  • Exterior Balcony2: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 55 x 85
  • Location Middle School: Maple Place
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Rooms Bonus Room2: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Interior Bonus Room: Yes
  • Exterior Security System3: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Garage Converted: Yes
  • Lot Description Riverview2: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Great Room: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.11
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exterior Features: Balcony, Security System
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Covered, Off Street, Converted Garage
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 55 x 85
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 42-00015-0000-00003

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4824.0

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Break Real Estate Partners Llc
Bought by
Butler Donald
Current Estimated Value
$1,648,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$649,449
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$989,037

Purchase Details

Closed on
Nov 22, 2024
Sold by
Break Real Estate Partners Llc
Bought by
Break Real Estate Commercial Partners Llc

Purchase Details

Closed on
Aug 5, 2024
Sold by
Break Real Estate Partners Llc
Bought by
Peck John and Peck Taryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 10, 2024
Sold by
Break Real Esate Partners Llc
Bought by
Snellgrove Darren
Seller's Agent
Mark Gardner
O'Brien Realty, LLC
Buyer's Agent
Mark Gardner
O'Brien Realty, LLC
List Price
$1,750,000
Sold Price
$1,711,000
Premium/Discount to List
-$39,000
-2.23%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%
Original Mortgage
$1,332,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 4, 2024
Sold by
Break Real Estate Partners Llc
Bought by
Not Given
Seller's Agent
Mark Gardner
O'Brien Realty, LLC
Buyer's Agent
Mark Gardner
O'Brien Realty, LLC
List Price
$1,750,000
Sold Price
$1,711,000
Premium/Discount to List
-$39,000
-2.23%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2024
Closed on
Apr 24, 2024
Sold by
Break Real Estate Partners Llc
Bought by
Break At Sea Bright Condominium
Seller's Agent
Mark Gardner
O'Brien Realty, LLC
Buyer's Agent
Mark Gardner
O'Brien Realty, LLC
List Price
$1,750,000
Sold Price
$1,711,000
Premium/Discount to List
-$39,000
-2.23%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2024
Closed on
Apr 23, 2024
Sold by
Break Real Esate Partners Llc
Bought by
John Gehret 2012 Family Gift Trust
Seller's Agent
Mark Gardner
O'Brien Realty, LLC
Buyer's Agent
Mark Gardner
O'Brien Realty, LLC
List Price
$1,750,000
Sold Price
$1,711,000
Premium/Discount to List
-$39,000
-2.23%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2021
Sold by
Break At Sea Bright Llc
Bought by
Break Real Estate Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.02%

Purchase Details

Closed on
Jun 9, 2021
Sold by
The Break At Sea Bright Llc
Bought by
Break Real Estate Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.02%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Wonyoung Llc
Bought by
Break At Sea Bright Llc

Purchase Details

Closed on
Feb 13, 2004
Sold by
Kalada Kenneth
Bought by
Wonyoung Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Butler Donald $1,275,000 None Listed On Document
Butler Donald $1,275,000 None Listed On Document
Break Real Estate Commercial Partners Llc -- Trident Abstract Title
Peck John $1,535,000 Fidelity National Title
Snellgrove Darren $1,665,000 None Listed On Document
Snellgrove Darren $1,665,000 None Listed On Document
Not Given -- None Listed On Document
Break At Sea Bright Condominium -- Trident Abstract Title
John Gehret 2012 Family Gift Trust $3,900,000 First American Title
Break Real Estate Partners Llc $1,830,000 --
Break Real Estate Partners Llc $1,830,000 Trident Abstract Ttl Agcy Ll
Break At Sea Bright Llc $850,000 Scott Title Services Llc
Wonyoung Llc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Break Commercial Real Estate P $650,000
Previous Owner Snellgrove Darren $1,332,000
Previous Owner Break Real Estate Partners Llc --
Previous Owner Break Real Estate Partners Llc $4,950,000
Previous Owner Wonyoung Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $1,711,000 -2.2% $1,104 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $1,750,000 -- $1,129 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,824 $581,200 $581,200 $0
2023 $4,824 $471,100 $471,100 $0
2022 $5,476 $461,100 $461,100 $0
2021 $5,476 $441,100 $441,100 $0
2020 $5,664 $441,100 $441,100 $0
2019 $5,782 $426,100 $426,100 $0
2018 $5,401 $376,100 $376,100 $0
2017 $4,947 $339,100 $339,100 $0
2016 $4,386 $336,100 $336,100 $0
2015 $6,018 $300,000 $300,000 $0
2014 $6,712 $336,100 $336,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409486

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00015-0000-00003