NOT LISTED FOR SALE

Estimated Value: $1,736,000

1 Bed
1 Bath
-- Sq Ft
0.49 Acres

Highlights

  • River View
  • No HOA
  • Air Conditioning
  • Wolf Hill Elementary School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of March 2021

This home is located at 1198 Ocean Ave Unit 5, Sea Bright, NJ 07760 since 08 March 2021 and is currently priced at $1,736,000. This property was built in 1978. 1198 Ocean Ave Unit 5 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.

Last Agent to Rent the Property

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 03/08/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Renter's Agent

Karin Busichio

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #9235059 Listed on: 03/08/2021

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,160

Year Built

  • Built in 1978

Lot Details

  • 0.49

Interior Spaces

  • 1-Story Property
  • Living Room
  • Wall to Wall Carpet
  • River Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Common or Shared Parking
  • Open Parking

Location

  • Upper Level

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

Listing and Financial Details

  • Property Available on 4/1/17
  • Assessor Parcel Number 00011980001

Community Details

Overview

  • No Home Owners Association
  • Front Yard Maintenance
  • Association fees include lawn maintenance, snow removal, water, sewer

Recreation

  • Snow Removal

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,160

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-04-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Reso Association Fee Includes: Lawn Maintenance, Snow Removal, Water, Sewer
  • Inclusions: Stove, Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1978
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Maple Place
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2017-04-01
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Water Type Riverview: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes

Exterior Features

  • Waterfront Features: Riverview
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Common, None
  • General Property Info:Garage: No
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Parcel #: 00011980001

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Perrine Peter H
Bought by
1198 Ocean Avenue Llc
Current Estimated Value
$1,736,000

Purchase Details

Closed on
Jun 3, 1982
Bought by
Perrine Peter H
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
1198 Ocean Avenue Llc -- --
Perrine Peter H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Rented $17,400 +1100.0% --
03/08/2021 03/08/21 Under Contract -- -- --
03/08/2021 03/08/21 For Rent $1,450 -90.9% --
12/01/2017 12/01/17 Rented $15,900 +1225.0% --
10/15/2014 10/15/14 Rented $1,200 +4.3% --
10/01/2013 10/01/13 Rented $1,150 -- --
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 $15,160 $1,657,000 $878,000 $779,000
2023 $15,160 $1,480,500 $703,000 $777,500
2022 $17,810 $1,440,500 $663,000 $777,500
2021 $17,810 $1,430,500 $653,000 $777,500
2020 $17,982 $1,400,500 $623,000 $777,500
2019 $18,856 $1,389,500 $612,000 $777,500
2018 $19,953 $1,389,500 $612,000 $777,500
2017 $20,098 $1,377,500 $600,000 $777,500
2016 $17,976 $1,377,500 $600,000 $777,500
2015 $17,246 $859,700 $400,000 $459,700
2014 $17,651 $883,900 $424,200 $459,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22106752

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00003-0000-00029