NOT LISTED FOR SALE

1080 Ocean Ave Unit PH2 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $1,277,000 - $1,286,928

2 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $2,000,000

Est. 36% decrease in value since last sale

Current estimated payment $7,233/month

18 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Great Room
  • Wolf Hill Elementary School Rated A-
  • Bonus Room
  • Balcony

About This Home

As of April 2024

The Penthouse in The Break offers idyllic views of the Atlantic Ocean, sunsets over the Shrewsbury River and the NYC skyline. The first residential high-rise in downtown Sea Bright designed by Mode Architects and being built by K. Shaw Construction, one of the best in the industry w/ a meticulous eye for quality & detail. The result is a masterpiece of timeless character and elegance to be enjoyed for generations. Penthouse offers roof top access, a balcony w/ Atlantic Ocean views and an open floor plan that is perfect for entertaining. This luxurious apartment boasts a gourmet eat in kitchen with a great center island, bonus room/study, two nicely sized bedrooms, two bathrooms and 2 deeded parking spots.

Last Agent to Sell the Property

Kathryn Bateman

O'Brien Realty, LLC License #0679305 Listed on: 10/18/2023

Co-Listed By

Mark Gardner

O'Brien Realty, LLC License #1969868

Last Buyer's Agent

Elaine Eadon

Weichert Realtors-Rumson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,210

Lot Details

  • 4,792

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Assigned Parking

Property Views

  • Ocean
  • River

Home Design

  • New Construction
  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Sliding Doors
  • Great Room
  • Bonus Room
  • Home Security System
  • Kitchen Island

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Handicap Accessible
  • Balcony
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 42-00015-0000-00003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area, exterior maint, mgmt fees
  • High-Rise Condominium
  • The Break Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,210

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Riverview
  • Reso Association Amenities: Professional Management, Controlled Access, Association, Common Access
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees
  • Co List Office Mls Id: 2928
  • Co List Office Phone: 732-229-3532
  • Subdivision Name: The Break
  • Architectural Style: High Rise, One Level Unit, Upper Level
  • Reso Interior Features: Balcony, Bonus Room, Ceilings - 9Ft+ 1st Flr, Dec Molding
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • 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 Ceilings - 9Ft 1st Flr: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • Common Elements Controlled Access2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 55 x 85
  • Location Middle School: Maple Place
  • Cooling Central Air: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Dining Room Dec Molding4: Yes
  • Rooms Bonus Room2: Yes
  • Living Room Dec Molding3: Yes
  • Exterior Handicap Acc: Yes
  • Interior Bonus Room: Yes
  • Exterior Security System3: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Water Type Riverview: Yes
  • Style High Rise: Yes
  • Lot Description Riverview2: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Common, Covered
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • 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: 2022
  • Tax Annual Amount: 5210.0

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
$1,281,964

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
Oct 18, 2023
Closed on
Jun 10, 2024
Sold by
Break Real Esate Partners Llc
Bought by
Snellgrove Darren
Seller's Agent
Kathryn Bateman
O'Brien Realty, LLC
Buyer's Agent
Elaine Eadon
Weichert Realtors-Rumson
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.40%
Original Mortgage
$1,332,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jun 4, 2024
Sold by
Break Real Estate Partners Llc
Seller's Agent
Kathryn Bateman
O'Brien Realty, LLC
Buyer's Agent
Elaine Eadon
Weichert Realtors-Rumson
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Views
27

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
Oct 18, 2023
Closed on
Apr 24, 2024
Sold by
Break Real Estate Partners Llc
Bought by
Break At Sea Bright Condominium
Seller's Agent
Kathryn Bateman
O'Brien Realty, LLC
Buyer's Agent
Elaine Eadon
Weichert Realtors-Rumson
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Views
27

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
Oct 18, 2023
Closed on
Apr 23, 2024
Sold by
Break Real Esate Partners Llc
Bought by
John Gehret 2012 Family Gift Trust
Seller's Agent
Kathryn Bateman
O'Brien Realty, LLC
Buyer's Agent
Elaine Eadon
Weichert Realtors-Rumson
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Views
27

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
Dec 14, 2023
Sold by
Break Real Estate Partners Llc
Bought by
Break At Sea Bright Condominium

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Break Real Estate Commercial Partners Llc -- Trident Abstract Title
Peck John $1,535,000 Fidelity National 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
-- -- None Listed On Document
Break At Sea Bright Condominium -- Trident Abstract Title
John Gehret 2012 Family Gift Trust $3,900,000 First American Title
John Gehret 2012 Family Gift Trust $3,900,000 First American Title
Break At Sea Bright Condominium -- Trident Abstract Title
Break Real Estate Partners Llc $1,830,000 --
Break Real Estate Partners Llc $1,830,000 Trident Abstract Ttl Agcy Ll
Break Real Estate Partners Llc $1,830,000 Trident Abstract Title
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
Previous Owner Snellgrove Darren $1,332,000
Previous Owner Break Real Estate Partners Llc --
Previous Owner Break Real Estate Partners Llc $4,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2024 04/24/24 Sold $2,000,000 -7.0% --
11/06/2023 11/06/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $2,150,000 -- --
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
2025 $5,556 $100,000 $100,000 --
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

  • Kathryn Bateman

    Seller's Agent in 2024

    Kathryn Bateman

    O'Brien Realty, LLC

    (732) 403-9200

    7 in this area

    65 Total Sales

    Kathryn Bateman
    Section Image
  • Mark Gardner

    Seller Co-Listing Agent in 2024

    Mark Gardner

    O'Brien Realty, LLC

    (917) 301-6383

    6 in this area

    33 Total Sales

    Mark Gardner
    Section Image

  • E

    Buyer's Agent in 2024

    Elaine Eadon

    Weichert Realtors-Rumson

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22329136

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00015-0000-00003

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1080 Ocean Ave Unit PH2, Sea Bright, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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