NOT LISTED FOR SALE

1340 Ocean Ave, Unit 3 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $488,000 - $635,000

1 Bed
1 Bath
1,032 Sq Ft
$413/mo HOA Fee

Last Sold June 14, 2021

Last sale price $375,000 $363 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,703/month

40 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Parking available for a boat
  • Wolf Hill Elementary School Rated A-
  • Boat Dock
  • In Ground Pool

About This Home

As of June 2021

Across from the beach, an opportunity to own a seashore escape at the Fountains is here! An amazing waterfront community between the Shrewsbury River & the Ocean. This spacious 1 bedroom 1 bath lower level unit facing the oceanside is nicely updated with a large space to entertain.The eat in kitchen is updated & has stainless appliances & a washer and dryer in the generous laundry room with plenty of storage.The master bedroom has a roomy walk in closet leading to a balcony & the living room has wood flooring throughout open to a balcony.Amenities include riverfront pool, BBQ area alongside pool. Dock & boat slips are still be available at a nominal fee, walk across to the beach. Love your Summer days in Sea Bright & enjoy restaurants, night life and close to public transportation

Last Agent to Sell the Property

Colleen McGowan

Resources Real Estate Brokerage Phone: 732-212-0440 License #0336279 Listed on: 03/31/2021

Co-Listed By

Irene Zitzner

Resources Real Estate Brokerage Phone: 732-212-0440

Last Buyer's Agent

Christine Whelan

Resources Real Estate License #2080166

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 1971

Lot Details

  • Beach Front
  • River Front
  • Fenced
  • Landscaped
  • Sprinkler System

HOA Fees

  • $413 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Sliding Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • Common or Shared Parking
  • Open Parking
  • Off-Street Parking
  • Parking available for a boat

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Docks
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Location

  • Lower Level

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 42-00003-01-00003

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, pool, snow removal, water
  • The Fountains Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Beach Access
  • Beach
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,253

Year Built

Built in 1971

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Beachfront, Riverfront
  • ResoPoolFeatures: Fenced, In Ground
  • Reso Association Amenities: Beach, Association, Dock, Pool, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Pool, Snow Removal, Water
  • Co List Office Mls Id: 1434
  • Co List Office Phone: 732-212-0440
  • Inclusions: AC Units, Blinds/Shades, Ceiling Fan(s), Dishwasher, Central Vacuum, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Refrigerator
  • Subdivision Name: The Fountains
  • Architectural Style: Lower Level
  • Reso Interior Features: Balcony, Built-Ins, Sliding Door, Eat-in Kitchen, Recessed Lighting
  • Year Built: 1971
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Maple Place
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen KitchenDine: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Exterior Dock: Yes
  • Exterior BBQ: Yes
  • Cooling Multi Units: Yes
  • Lot Description Riverfront2: Yes
  • Allowable Boats: Yes
  • Common Elements Dock2: Yes
  • Style Lower Level: Yes
  • Lot Description Beachfront2: Yes
  • Common Elements Beach: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle, Flat
  • Acres: 0.01
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, BBQ, Dock, Fence, Sprinkler Under, Lighting
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Common, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 413.0
  • Association Fee Frequency: Monthly
  • 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

  • Lot Size Sq Ft: 435.6
  • Parcel #: 42-00003-01-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3253.0

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 8, 2021
Sold by
1340 Ocean Holdings Llc
Bought by
Contreras Omer R
Seller's Agent
Colleen McGowan
Resources Real Estate
Buyer's Agent
Christine Whelan
Resources Real Estate
List Price
$419,000
Sold Price
$375,000
Premium/Discount to List
-$44,000
-10.5%
Current Estimated Value
$545,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,366
Avg. Annual Appreciation
9.33%
Original Mortgage
$323,000
Outstanding Balance
$293,707
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$251,659

Purchase Details

Closed on
Oct 28, 2019
Sold by
Debella Properties Llc
Bought by
1340 Ocean Holdings Llc

Purchase Details

Listed on
Feb 26, 2017
Closed on
Aug 10, 2017
Sold by
Rubin Mark and Joelle Rubin
Bought by
Debella Properties Llc
Seller's Agent
Vanessa Dooley
Resources Real Estate
Buyer's Agent
Irene Zitzner
NextHome Peninsula Realty Group
Sold Price
$202,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
Jul 30, 2013
Closed on
Jan 29, 2014
Sold by
Durino Frances
Bought by
Rubin Mark and Rubin Joelle
Seller's Agent
Vanessa Dooley
Resources Real Estate
Buyer's Agent
Vanessa Dooley
Better Homes Realty
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Residential Home Care
Bought by
Durino Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Contreras Omer R $375,000 Foundation Title Llc
1340 Ocean Holdings Llc -- None Available
Debella Properties Llc $202,500 Scott Title Services Llc
Rubin Mark $187,000 None Available
Durino Frances $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Omer R $323,000
Previous Owner Durino Frances $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $375,000 -6.0% $363 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $399,000 -4.8% $387 / Sq Ft
03/31/2021 03/31/21 For Sale $419,000 0.0% $406 / Sq Ft
10/14/2017 10/14/17 Rented $19,200 0.0% --
08/10/2017 08/10/17 Sold $202,500 +8.3% $196 / Sq Ft
02/20/2014 02/20/14 Sold $187,000 -- $181 / 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 $3,813 $441,600 $340,000 $101,600
2023 $3,813 $372,400 $283,000 $89,400
2022 $2,700 $369,300 $273,000 $96,300
2021 $2,700 $289,100 $205,000 $84,100
2020 $3,347 $260,700 $180,000 $80,700
2019 $3,253 $239,700 $160,000 $79,700
2018 $3,370 $234,700 $155,000 $79,700
2017 $3,523 $241,500 $155,000 $86,500
2016 $3,094 $237,100 $155,000 $82,100
2015 $3,111 $155,100 $70,000 $85,100
2014 $3,513 $175,900 $70,000 $105,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Colleen McGowan

    Resources Real Estate

    (732) 859-5448

    2 in this area

    35 Total Sales

    Colleen McGowan
    Section Image

  • I

    Seller Co-Listing Agent in 2021

    Irene Zitzner

    Resources Real Estate

  • Christine Whelan

    Buyer's Agent in 2021

    Christine Whelan

    Resources Real Estate

    (732) 598-4480

    1 in this area

    27 Total Sales

    Christine Whelan
    Section Image

  • V

    Seller's Agent in 2017

    Vanessa Dooley

    Resources Real Estate

See All Agents

About This Building

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22109431

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00003-01-00003

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1340 Ocean Ave Unit 3, Sea Bright, NJ

This home is located at 1340 Ocean Ave Unit 3, Sea Bright, NJ 07760 since 31 March 2021 and is currently estimated at $545,366, approximately $528 per square foot. This property was built in 1971. 1340 Ocean Ave Unit 3 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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