NOT LISTED FOR SALE

1187 Ocean Ave Unit 26 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $513,378 - $550,000

1 Bed
1 Bath
864 Sq Ft
$377/mo HOA Fee

Last Sold May 21, 2021

Last sale price $350,000 $405 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,518/month

13 Days on Market

Highlights

  • Ocean Front
  • Oceanside
  • Patio
  • Wolf Hill Elementary School Rated A-
  • Air Conditioning
  • Level Lot

About This Home

As of May 2021

Rare offering in this Oceanfront complex with private beach entrance! Unit features newer kitchen and bathroom, private balcony and IN-UNIT laundry. Appreciate the tranquility of beach living while also enjoying excellent restaurants and shopping in town and easy access to NYC ferry and bus. Call today for an appointment - this one won't last!

Last Agent to Sell the Property

Suzanne Evans

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Listed on: 03/17/2021

Last Buyer's Agent

Richard Nagel

RE/MAX Elite License #7937272

RE/MAX Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Shingle Roof

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Patio

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • Ocean Front
  • Lower Level

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 42-00007-05-00001-26

Community Details

Overview

  • Association fees include common area, exterior maint, mgmt fees, sewer, water
  • Ocean Ridge Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,669

Year Built

Built in 1972

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanside
  • Reso Association Amenities: Association
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees, Sewer, Water
  • Inclusions: AC Units, Washer, Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: Ocean Ridge
  • Architectural Style: Lower Level
  • New Construction: No
  • Year Built: 1972
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Location Middle School: Maple Place
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Number Appliances Included A C Units: Yes
  • Cooling Multi Units: Yes
  • GreatFamily Room Floor - LinoleumVinyl5: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Topography: Level
  • Waterfront Features: Oceanfront, Oceanside/Beach Blk
  • Waterfront: Yes
  • Exclusions: Personal Belongings
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 377.1
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 42-00007-05-00001-26
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3669.0

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 27, 2021
Sold by
Brophy Elaine M and Brophy Eric D
Bought by
Ambrosio Francisco and Ambrosio Olga
Seller's Agent
Suzanne Evans
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Richard Nagel
RE/MAX Elite
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$530,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,595
Avg. Annual Appreciation
9.55%
Interest Rate
2.95%

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 19, 2021
Sold by
Brophy Eric D and Brophy Elaine M
Bought by
Ambrosio Francisco and Ambrosio Olga
Seller's Agent
Suzanne Evans
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Richard Nagel
RE/MAX Elite
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.95%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Colucci Jennifer L
Bought by
Brophy Eric D and Brophy Elaine M

Purchase Details

Closed on
Jan 3, 2001
Sold by
Carbon Frank
Bought by
Colucci Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.52%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Voigt Herman
Bought by
Carbon Frank and Carbon Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ambrosio Francisco $350,000 --
Ambrosio Francisco $350,000 Green Label Title
Brophy Eric D $200,000 --
Colucci Jennifer $100,000 --
Carbon Frank $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ambrosio Francisco --
Previous Owner Colucci Jennifer $87,000
Previous Owner Carbon Frank $55,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $350,000 +7.7% $405 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $325,000 0.0% $376 / Sq Ft
07/01/2016 07/01/16 Rented $18,000 0.0% --
06/15/2015 06/15/15 Rented $18,000 -- --
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 $4,297 $463,700 $370,200 $93,500
2024 $3,826 $449,500 $358,000 $91,500
2023 $3,826 $373,600 $293,000 $80,600
2022 $3,766 $344,800 $258,000 $86,800
2021 $3,766 $302,800 $218,000 $84,800
2020 $3,613 $281,400 $200,000 $81,400
2019 $3,669 $270,400 $190,000 $80,400
2018 $3,567 $248,400 $168,000 $80,400
2017 $3,325 $227,900 $150,000 $77,900
2016 $2,793 $214,000 $140,000 $74,000
2015 $2,929 $146,000 $70,000 $76,000
2014 $2,822 $141,300 $75,000 $66,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suzanne Evans

    BHHS Fox & Roach

  • Richard Nagel

    Buyer's Agent in 2021

    Richard Nagel

    RE/MAX

    (908) 433-9012

    6 in this area

    144 Total Sales

    Richard Nagel
    Section Image

  • J

    Seller's Agent in 2016

    Jennifer Flis

    Action Realty

  • P

    Buyer's Agent in 2015

    Patrick Tapke

    Shire Realty Inc

    (732) 604-1382

    3 Total Sales

    Patrick Tapke
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22107946

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00007-05-00001-26

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1187 Ocean Ave Unit 26, 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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