NOT LISTED FOR SALE

1187 Ocean Ave Unit 4 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $508,000 - $542,000

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

Last Sold March 04, 2022

Last sale price $386,000 $447 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,489/month

5 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Oceanside
  • Wolf Hill Elementary School Rated A-
  • Fitness Center
  • New Kitchen

About This Home

As of March 2022

Enjoy beach living at its best! Sunny south facing unit in desirable Ocean Ridge. Don't miss this opportunity to live in Sea Bright where you can stroll along the beach (COMPLEX HAS PRIVATE BEACH ACCESS) and easily walk to downtown Sea Bright. Hardwood look vinyl floors throughout this spacious unit. Two walk in closets! Updated kitchen and bath. Two large walk in closets. Just steps to your own private beach access. Easy commute to NYC via bus or NY Seastreak Ferry. Assigned parking!

Last Agent to Sell the Property

Kathryn Ward Grabowy

Berkshire Hathaway HomeServices Fox & Roach - Rumson Listed on: 01/14/2022

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Light Fixtures
  • Sliding Doors
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Portable Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Porch

Schools

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

Utilities

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

Additional Features

  • Beach Front
  • Lower Level

Listing and Financial Details

  • Exclusions: electric FP
  • Assessor Parcel Number 42-00007-05-00001-04

Community Details

Overview

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

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Beach Access
  • Beach
  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,716

Year Built

Built in 1972

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Ocean Block, Oceanside
  • Reso Association Amenities: Common Laundry, Beach, Association
  • Reso Association Fee Includes: Common Area, Exterior Maint, Sewer, Water
  • Inclusions: AC Units, Washer, Counter Top Range, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Refrigerator
  • Subdivision Name: Ocean Ridge
  • Architectural Style: Lower Level, One Level Unit
  • New Construction: No
  • Property Attached Yn: Yes
  • 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
  • Style Attached2: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Water Type Oceanfront: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Floor - Engineered3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Maple Place
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Included Counter Top Range: Yes
  • Water Type Beachfront: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Common Elements Common Laundry: Yes
  • Style Lower Level: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - LinoleumVinyl6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront Features: Beachfront, Oceanfront
  • Waterfront: Yes
  • Exclusions: electric FP
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • 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: 377.0
  • 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 #: 42-00007-05-00001-04
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3716.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 1, 2022
Sold by
Pettit and Melinda
Bought by
Salih Mahfuza
Seller's Agent
Kathryn Ward Grabowy
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$379,000
Sold Price
$386,000
Premium/Discount to List
$7,000
1.85%
Current Estimated Value
$520,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,619
Avg. Annual Appreciation
8.82%
Original Mortgage
$286,000
Outstanding Balance
$231,428
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$289,681
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
Salih Mahfuza $386,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salih Mahfuza $286,000
Previous Owner Pettit John $226,400
Previous Owner Pettit John $52,543
Previous Owner Pettit John $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $386,000 +1.8% $447 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $379,000 -- $439 / 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
2025 $4,353 $474,900 $370,200 $104,700
2024 $3,877 $455,300 $358,000 $97,300
2023 $3,877 $378,600 $293,000 $85,600
2022 $3,716 $340,400 $258,000 $82,400
2021 $3,716 $298,500 $218,000 $80,500
2020 $3,561 $277,300 $200,000 $77,300
2019 $3,614 $266,300 $190,000 $76,300
2018 $3,508 $244,300 $168,000 $76,300
2017 $3,268 $224,000 $150,000 $74,000
2016 $2,744 $210,300 $140,000 $70,300
2015 $2,853 $142,200 $70,000 $72,200
2014 $2,754 $137,900 $75,000 $62,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathryn Ward Grabowy

    BHHS Fox & Roach

  • N

    Buyer's Agent in 2022

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2022

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22201128

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00007-05-00001-04

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1187 Ocean Ave Unit 4, Sea Bright, NJ

This home is located at 1187 Ocean Ave Unit 4, Sea Bright, NJ 07760 since 14 January 2022 and is currently estimated at $520,619, approximately $602 per square foot. This property was built in 1972. 1187 Ocean Ave Unit 4 is a home located in Monmouth County with nearby schools including Wolf Hill Elementary School, Maple Place Elementary and Middle School, and Shore Regional High School.

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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