NOT LISTED FOR SALE

1201 Ocean Ave Unit 1B Bradley Beach, NJ 07720

Estimated Value: $923,645 - $1,163,000

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. 98% increase in value since last sale

Current estimated payment $6,343/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 License #0336463 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
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Full Basement: Yes
  • Primary Bedroom:Full Bath: 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
Apr 8, 2024
Sold by
Verbrugge Noreen H
Bought by
Schwarz Lawrence Jay and Schwarz Marcela
Current Estimated Value
$1,020,661

Purchase Details

Closed on
Aug 2, 2013
Sold by
Murphy Patricia and Price David
Bought by
Verbrugge Noreen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2006
Sold by
United States Of America
Bought by
Murphy Patricia and Price David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 1999
Sold by
Goldberg Norman
Bought by
Fitzgerald Donna
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schwarz Lawrence Jay $940,000 Acres Land Title
Schwarz Lawrence Jay $940,000 Acres Land Title
Verbrugge Noreen H $475,000 Agent For Old Republic Natio
Murphy Patricia $460,000 --
Fitzgerald Donna $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verbrugge Noreen H $260,000
Previous Owner Murphy Patricia $214,000
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
2025 $7,465 $945,800 $660,200 $285,600
2024 $7,291 $814,100 $544,300 $269,800
2023 $7,291 $772,300 $512,100 $260,200
2022 $7,162 $644,100 $426,400 $217,700
2021 $7,162 $611,100 $398,200 $212,900
2020 $7,414 $606,700 $403,200 $203,500
2019 $6,472 $511,200 $396,000 $115,200
2018 $6,503 $469,900 $360,000 $109,900
2017 $6,596 $466,500 $360,000 $106,500
2016 $6,596 $471,800 $360,000 $111,800
2015 $6,517 $466,800 $360,000 $106,800
2014 $5,757 $416,000 $270,000 $146,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Parker

    Seller's Agent in 2020

    Patrick Parker

    Patrick Parker Realty

    (202) 788-6182

    22 in this area

    72 Total Sales

    Patrick Parker
    Section Image

  • H

    Buyer's Agent in 2020

    Heather Garrett-Muly

    The Mary Holder Agency

  • D

    Seller's Agent in 2017

    Danielle Coyle

    Coldwell Banker Realty

  • A

    Buyer's Agent in 2017

    Anamaria DelValle

    Weichert Realtors-Manahawkin

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22007452

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00012-0000-00001-10

New Jersey Monmouth County Bradley Beach 07720

1201 Ocean Ave Unit 1B, Bradley Beach, NJ

This home is located at 1201 Ocean Ave Unit 1B, Bradley Beach, NJ 07720 since 24 February 2020 and is currently estimated at $1,020,661, approximately $1,212 per square foot. This property was built in 1990. 1201 Ocean Ave Unit 1B is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School, Hope Academy Charter School, and Our Lady of Mount Carmel 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.

Nearby Homes