NOT LISTED FOR SALE

1201 Ocean Ave Unit 1B Bradley Beach, NJ 07720

Estimated Value: $822,000 - $865,051

1 Bed
1.5 Baths
842 Sq Ft
$310/mo HOA Fee

Last Sold May 13, 2020

Last sale price $515,000 $612 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,638/month

16 Days on Market

Highlights

  • Beach Front
  • End Unit
  • Balcony
  • Ocean View
  • Terrace
  • 3-minute walk to Bradle Beach Playground

About This Home

As of May 2020

The Unobstructed Ocean Views will take your breath away! Amazing opportunity to own an adorable Ocean Front Duplex with Views of the Ocean from your Private Balcony and Terrace. This sun-drenched 1 Bedroom, 1.5 Bath home is a rare find in Bradley Beach. The first floor is an open concept layout with a Private Balcony that faces the Atlantic Ocean! The second Level hosts the Master Suite with Private Terrace. Upgrades include New Coretec Flooring, New Blinds, and Screens, Newer Water Heater, Large Private Storage unit in the basement, Pet-Friendly building, and Off-Street Parking!

Last Agent to Sell the Property

Patrick Parker

Patrick Parker Realty Listed on: 02/24/2020

Last Buyer's Agent

Heather Garrett-Muly

The Mary Holder Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • End Unit

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 842 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Storage
  • Ocean Views
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Terrace
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

  • Bradley Beach Elementary And Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-00012-0000-00001-0002

Community Details

Overview

  • Association fees include common area

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,726

Year Built

Built in 1990

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanfront
  • Reso Association Amenities: Extra Storage, Association, Common Area
  • Reso Association Fee Includes: Common Area
  • Subdivision Name: None
  • Architectural Style: End Unit, 2 Story
  • Reso Flooring: Cement
  • Year Built: 1990
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Controlled Access: Yes
  • Exterior Terrace: Yes
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Kitchen Eat-In: Yes
  • Living Room Sliding Door2: Yes
  • Style End Unit: Yes
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Controlled Access, Porch - Open, Private Storage, Storage, Terrace, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 310.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Parcel #: 08-00012-0000-00001-0002

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6726.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Gitoneas William
Bought by
Delong Bruce W and Delong Jennifer M
Current Estimated Value
$851,263

Purchase Details

Closed on
Oct 7, 2020
Sold by
Gitoneas William
Bought by
Delong Bruce W and Delong Jennifer M

Purchase Details

Closed on
Nov 1, 2016
Sold by
Gitoneas William
Bought by
Gitoneas William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.47%

Purchase Details

Closed on
May 30, 2014
Sold by
Hartford Patrice C
Bought by
Hartford Patrice C and Gitoneas William
Source: Public Records

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Range of Values:

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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
Delong Bruce W $557,500 Acres Land Title Agency Inc
Delong Bruce W $557,500 Land Title
Gitoneas William -- --
Hartford Patrice C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gitoneas William --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $515,000 -1.7% $612 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $524,000 +10.3% $622 / Sq Ft
07/28/2017 07/28/17 Sold $475,000 -- $564 / 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 $7,030 $784,800 $518,400 $266,400
2023 $7,030 $744,700 $487,700 $257,000
2022 $4,160 $621,100 $406,100 $215,000
2021 $4,160 $592,000 $379,200 $212,800
2020 $6,885 $563,400 $384,000 $179,400
2019 $6,636 $524,200 $418,000 $106,200
2018 $6,661 $481,300 $380,000 $101,300
2017 $6,196 $438,200 $340,000 $98,200
2016 $6,202 $443,600 $340,000 $103,600
2015 $6,127 $438,900 $340,000 $98,900
2014 $5,400 $390,200 $250,000 $140,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22007452

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00012-0000-00001-04