$599,000
SOLD JUL 31, 2024

1501 Ocean Ave Unit A5 Belmar, NJ 07719

Belmar Neighborhood
1 Bed
1 Bath
775 Sq Ft
$285/mo HOA Fee

Recently Sold

$773 Per Sq Ft

20 Days on Market

Highlights

  • Ocean Front
  • Oceanside
  • Engineered Wood Flooring
  • Fitness Center
  • 1.15 Acre Lot
  • 3-minute walk to Belmar Beach Playground

About This Home

As of July 2024

Oceanfront complex with a private covered balcony! This is your opportunity to live in a beautiful beach condo with unobstructed, gorgeous views of the ocean & boardwalk! The covered porch is the place where you want to relax with your morning coffee while listening to the sounds of the summer or enjoy a glass of wine in the evening. .NEW in 2024: Luxurious High-End Marble & Porcelain bathroom gutted to the studs, COREtec's highest grade of premium 9 inch luxury vinyl plank floors, hot water heater, recessed lighting, new blinds, & more. The stunning bathroom has an oversized shower, frameless 3/8in glass shower doors, marble mosaic niche, & wooden vanity with Carrara Marble top. Basement: Laundry, owner's storage bin, & room for bikes. Assigned parking for 1 car. No pets

Last Agent to Sell the Property

Lorraine Yaeger

Diane Turton, Realtors-Spring Lake License #0120301

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Jim Whalen

Shire Realty Inc License #0999313

Shire Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Living Room
  • Dining Room
  • Ocean Views
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Common or Shared Parking
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Belmar Elementary And Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Owner's personal belongings
  • Assessor Parcel Number 07-00150-0000-00001-0000-C0105

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, sewer, snow removal, water
  • 48 Units
  • Ocean Vista Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,863

Year Built

Built in 1973

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • Reso Association Amenities: Professional Management, Common Laundry, Association, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Blinds/Shades, Dishwasher, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Ocean Vista
  • Architectural Style: One Level Unit, Condo
  • Reso Flooring: Vinyl, Engineered
  • New Construction: No
  • Year Built: 1973
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 1.15
  • Location Middle School: Belmar
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Common Elements Landscaping: Yes
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 48.0
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: Other, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 1.15
  • Topography: Level
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exclusions: Owner's personal belongings
  • Construction Type: Brick
  • Exterior Features: Balcony, Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Common, Off Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 50094.0
  • Parcel #: 07-00150-0000-00001-0000-C0105
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2863.0

Multi Family

  • Number Of Units Total: 48

MLS Schools

  • Elementary School: Belmar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 8, 2024
Sold by
Tahan Harry
Bought by
Harczuk Frank J and Harczuk Kelly
Seller's Agent
Lorraine Yaeger
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Jim Whalen
Shire Realty Inc
List Price
$599,000
Sold Price
$599,000
Total Days on Market
20
Views
74
Current Estimated Value
$598,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$412
Avg. Annual Appreciation
-2.66%
Original Mortgage
$479,200
Outstanding Balance
$477,166
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$109,543

Purchase Details

Closed on
Jul 26, 1995
Sold by
Oci Mtg Corp
Bought by
Tahan Harry

Map

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

Similar Homes in Belmar, NJ

  • 207 13th Ave Unit 12, Belmar, NJ 07719

    $450,000

    • 1 Bed
    • 1 Bath
    • 628 Sq Ft
    • 207 13th Ave
    • Unit 12
    • Belmar, NJ

    Imagine waking up every morning in your own slice of coastal heaven, just 1.5 blocks from the beach! This charming 1st floor condo is the perfect retreat, boasting an open kitchen and living room that's perfect for relaxing and entertaining. But it's not just about the inside the location is simply unbeatable. Stroll to the beach and the downtown's vibrant shops and restaurants - the ideal

    Lori Donnelly Weichert Realtors-Forked River

    Section Image
  • 5 Ocean Ave Unit 10B, Belmar, NJ 07719

    $550,000

    • 1 Bed
    • 1 Bath
    • 744 Sq Ft
    • 5 Ocean Ave
    • Unit 10B
    • Belmar, NJ

    Unbelievable Ocean Views!!! Experience coastal living in this beautifully appointed 1-bedroom, 1-bathroom condo, just steps from the iconic Belmar boardwalk and pristine beaches. This charming retreat offers the perfect balance—close to Belmar's vibrant nightlife yet tucked away for peaceful evenings. Enjoy morning coffee or evening breezes from your private balcony, with the soothing sounds of

    Danielle Coyle RE/MAX Select

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $599,000 Worldwide Title
Deed $59,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $599,000 0.0% $773 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $599,000 -- $773 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $2,863 $203,600 $125,000 $78,600
2023 $2,263 $203,600 $125,000 $78,600
2022 $2,263 $203,600 $125,000 $78,600
2021 $1,646 $203,600 $125,000 $78,600
2020 $2,738 $203,600 $125,000 $78,600
2019 $2,738 $203,600 $125,000 $78,600
2018 $2,514 $203,600 $125,000 $78,600
2017 $2,453 $203,600 $125,000 $78,600
2016 $3,233 $169,200 $79,000 $90,200
2015 $2,766 $170,200 $80,000 $90,200
2014 $2,793 $170,200 $80,000 $90,200
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22415236

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00150-0000-00001-0000-C00A5