NOT LISTED FOR SALE

1201 Ocean Ave Unit 94 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $533,000

1 Bed
1 Bath
744 Sq Ft
436 Sq Ft Lot

Highlights

  • Beach Front
  • Community Beach Access
  • Concrete Pool
  • Wolf Hill Elementary School Rated A-
  • Basketball Court
  • Deck

About This Home

As of October 2021

Rare find!! YEAR ROUND RENTAL in sought after Oceanfront Runaway Beach complex in Sea Bright. Life is better at the beach! This updated lower level condo is move in ready! Beautifully maintained 1 bedroom/1 bath annual rental unit just steps away from the beach. Hardwood floors throughout, EIK kitchen and NEW Washer/Dryer in Unit! Amenities include private beach access, inground pool with spectacular ocean views, BBQ grills and picnic area. Location is key – just a short walk to all Sea Bright shops, eateries and marinas. Close to NJ Transit and the Sea Streak Fast Ferry to NYC. Smoke and Pet-Free Environment. Tenant pays electric and cable, other utilities covered by owner.

Last Agent to Rent the Property

Anna Ingrassia

Heritage House Sotheby's International Realty License #1645608 Listed on: 08/30/2021

Heritage House Sotheby's International Realty

Last Renter's Agent

Gabriella Gallicchio

EXP Realty License #2187489

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Landscaped

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Paved Parking
  • Open Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Basketball Court
  • Deck
  • Exterior Lighting

Location

  • Lower Level

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $3,600
  • Property Available on 10/1/21
  • Assessor Parcel Number 42-00007-01-00013

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, pool, snow removal, water, sewer
  • Runaway Beach Subdivision

Amenities

  • Community Deck or Porch
  • Common Area

Recreation

  • Community Beach Access
  • Community Pool
  • Snow Removal

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,370

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2021-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, Concrete, Fenced, In Ground
  • Reso Association Amenities: Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Pool, Snow Removal, Water, Sewer
  • Inclusions: Washer, Stove, Refrigerator, Dishwasher, Dryer, Electric Cooking
  • Subdivision Name: Runaway Beach
  • Architectural Style: Lower Level
  • Reso Flooring: Ceramic Tile, Wood
  • Year Built: 1974
  • 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 HOA: Yes
  • General Property Info Pool: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Pool Common2: Yes
  • Fee Includes Pool3: Yes
  • Location Middle School: Maple Place
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Pool Fenced: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2021-10-01
  • Maintenance Fees Security Deposit3: 3600.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: One
  • Pool Concrete2: Yes
  • Water Type Beachfront: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Common Elements Swimming Pool: Yes
  • Common Elements Beach Access: Yes
  • Style Lower Level: Yes
  • Exterior Oceanfront3: Yes
  • Common Elements Deck3: Yes
  • Exterior Beachfront3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Waterfront Features: Beachfront, Oceanfront
  • Waterfront: Yes
  • Exterior Features: Deck, Oceanfront, Basketball Court, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Paved, None, Assigned
  • General Property Info:Garage: No
  • Parking Open: Yes
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Parcel #: 42-00007-01-00013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
1201 Ocean Avenue Llc
Bought by
Sheehan Ryan
Current Estimated Value
$533,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Outstanding Balance
$291,974
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$241,026

Purchase Details

Closed on
Jun 3, 2011
Sold by
Wollman Janet Hughes and Potor Lynn Hughes
Bought by
1201 Ocean Avenue L L C

Purchase Details

Closed on
May 12, 2010
Sold by
Wollman Janet Hughes and Potor Lynn Hughes
Bought by
Wollman Janet and Potor Lynn Hughes
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
Sheehan Ryan $357,000 Foundation Title Llc
1201 Ocean Avenue L L C $115,000 None Available
Wollman Janet -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Ryan $321,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Rented $28,800 +1100.0% --
09/14/2021 09/14/21 Under Contract -- -- --
08/30/2021 08/30/21 For Rent $2,400 -94.3% --
03/15/2017 03/15/17 Rented $42,000 +102.8% --
05/23/2015 05/23/15 Rented $20,708 -- --
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 $4,370 $501,100 $397,200 $103,900
2024 $3,927 $457,100 $360,000 $97,100
2023 $3,927 $383,500 $300,000 $83,500
2022 $3,335 $346,900 $257,000 $89,900
2021 $3,335 $267,900 $180,000 $87,900
2020 $3,394 $264,300 $180,000 $84,300
2019 $3,600 $265,300 $182,000 $83,300
2018 $3,666 $255,300 $172,000 $83,300
2017 $3,732 $255,800 $175,000 $80,800
2016 $3,089 $236,700 $160,000 $76,700
2015 $3,398 $169,400 $90,000 $79,400
2014 $3,079 $154,200 $85,000 $69,200
Source: Public Records

Agents Affiliated with this Home

  • Anna Ingrassia

    Landlord's Agent in 2021

    Anna Ingrassia

    Heritage House Sotheby's International Realty

    (973) 885-0159

    1 in this area

    32 Total Sales

    Anna Ingrassia
    Section Image

  • G

    Tenant's Agent in 2021

    Gabriella Gallicchio

    EXP Realty

  • MaryAnn Szenzenstein

    Seller's Agent in 2017

    MaryAnn Szenzenstein

    BHHS Fox & Roach

    (732) 859-6576

    2 in this area

    10 Total Sales

    MaryAnn Szenzenstein
    Section Image

  • E

    Buyer's Agent in 2015

    Erica Herbst

    VRI Homes

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22128850

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00007-01-00013

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1201 Ocean Ave Unit 94, 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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