NOT LISTED FOR SALE

1501 Ocean Ave Unit A5 Belmar, NJ 07719

Estimated Value: $432,360 - $626,000

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

Last Sold July 31, 2024

Last sale price $599,000 $773 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,183/month

20 Days on Market

Highlights

  • Ocean Front
  • 1.15 Acre Lot
  • Covered Patio or Porch
  • Oceanside
  • Engineered Wood Flooring
  • 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 Listed on: 05/31/2024

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Jim Whalen

Shire Realty Inc License #0999313

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

  • 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
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Walk-Out Access: Yes
  • BasementOther: Yes
  • Primary Bedroom:Walk-in Closet: 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

Closed on
Jul 26, 1995
Sold by
Oci Mtg Corp
Bought by
Tahan Harry
Current Estimated Value
$506,590
Source: Public Records

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
Tahan Harry $59,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 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 $2,962 $221,200 $125,000 $96,200
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

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lorraine Yaeger

    Diane Turton, Realtors-Spring Lake

    (732) 598-0077

    1 in this area

    5 Total Sales

    Lorraine Yaeger
    Section Image
  • Jim Whalen

    Buyer's Agent in 2024

    Jim Whalen

    Shire Realty Inc

    (908) 930-7926

    2 in this area

    29 Total Sales

    Jim Whalen
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22415236

MOREMLS (Monmouth Ocean Regional REALTORS®)

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

New Jersey Monmouth County Belmar 07719

1501 Ocean Ave Unit A5, Belmar, NJ

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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