NOT LISTED FOR SALE

1540 Ocean Ave Unit 3 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $1,822,000 - $2,232,000

3 Beds
3.5 Baths
1,872 Sq Ft
$1,043/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2023

Last sale price $965,000 $515 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $12,426 / mo

25 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Attic
  • Wolf Hill Elementary School Rated A-
  • Property is near an ocean
  • Balcony

About This Home

As of October 2023

Embrace the allure of the Jersey Shore and seize the opportunity to call this 3 level Townhouse your Own. The Ocean Reef location has view of the Atlantic Ocean from rear patio, river view from the front patio. 3 level unit, with EIK, Separate Dining Room. Some recessed lighting, large Master Bedroom with patio, Ground floor walk out to the rear common area and Pool area. Many more extras at Ocean Reef.This is coastal living at its finest! in Sea Bright, NJ

Last Agent to Sell the Property

Ronald Madeira

C21/ Charles Smith Agency License #8335487 Listed on: 08/16/2023

Co-Listed By

Mitchell Schanen

C21/ Charles Smith Agency License #7865892

Last Buyer's Agent

Kyle Golden

C21 Thomson & Co. License #1646836

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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,737

Year Built

  • Built in 1982

Lot Details

  • 871 Sq Ft Lot

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Driveway
  • Off-Street Parking

Property Views

  • Ocean
  • River

Home Design

  • Shingle Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Property is near an ocean
  • Balcony

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: All sold in AS-IS Condition
  • Assessor Parcel Number 42-00001-01-00003

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include lawn maintenance
  • Ocean Reef Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,737

Year Built

Built in 1982

Lot Details

871 Sq Ft Lot

HOA Fees

$733 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Ocean Block, Riverview
  • ResoPoolFeatures: In Ground
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Lawn Maintenance
  • Co List Office Mls Id: 132
  • Co List Office Phone: 732-721-9000
  • Subdivision Name: Ocean Reef
  • Architectural Style: Townhouse
  • Reso Interior Features: Attic, Balcony
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Contract Info List PriceSqFt: 502.14
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • Water Type Oceanview: Yes
  • Exterior Balcony2: Yes
  • Common Elements Pool4: Yes
  • General Property Info Acreage: 0.02
  • General Property Info Farm: No
  • Location Middle School: Maple Place
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Style Townhouse: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Living Room Sliding Door2: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exclusions: All sold in AS-IS Condition
  • Exterior Features: Balcony
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Common, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 733.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 42-00001-01-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9737.0

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 28, 2023
Sold by
Cascade Funding Mortgage Trust
Bought by
Seller's Agent
Ronald Madeira
C21/ Charles Smith Agency
Buyer's Agent
Kyle Golden
C21 Thomson & Co.
List Price
$940,000
Sold Price
$965,000
Premium/Discount to List
$25,000
2.66%
Views
176
Current Estimated Value
$1,952,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$987,848
Avg. Annual Appreciation
27.62%
Original Mortgage
$775,000
Outstanding Balance
$751,444
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,201,404

Purchase Details

Closed on
Jul 19, 2023
Sold by
Sheriff Of The County Of Monmouth
Bought by
State Of New Jersey and United States Of America

Purchase Details

Closed on
Jun 25, 1986
Bought by
Jany Dolores
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sea Bright, NJ

  • Alex Farlow Real Estate Agent - Compass New Jersey, LLC - Moorestown

    Alex Farlow

    Compass New Jersey, LLC - Moorestown

    (833) 944-1134

    52 Total Sales

    1 in Sea Bright

    $1,310,000 Price

    Alex Farlow
     Section Image
  • Luis Sanchez Real Estate Agent - Keller Williams Realty Central Monmouth

    Luis Sanchez

    Keller Williams Realty Central Monmouth

    (973) 318-1814

    28 Total Sales

    2 in Sea Bright

    $920K - $1.4M Price Range

    Luis Sanchez
     Section Image
  • Katherine Raftery Real Estate Agent - NextHome Peninsula Realty Group

    Katherine Raftery

    NextHome Peninsula Realty Group

    (862) 337-5452

    80 Total Sales

    1 in Sea Bright

    $975,000 Price

    Katherine Raftery
     Section Image
  • Johnny Guan Real Estate Agent - Real Broker, LLC- Fairfield

    Johnny Guan

    Real Broker, LLC- Fairfield

    (877) 455-4631

    85 Total Sales

    1 in Sea Bright

    $1,111,111 Price

    Johnny Guan
     Section Image
  • Diane Traverso Real Estate Agent - Nexus Realty Group NJ, LLC

    Diane Traverso

    Nexus Realty Group NJ, LLC

    (848) 279-9953

    75 Total Sales

    1 in Sea Bright

    $1,275,000 Price

    Diane Traverso
     Section Image
  • Eric Bosniak Real Estate Agent - Coldwell Banker Realty

    Eric Bosniak

    Coldwell Banker Realty

    (848) 301-1527

    165 Total Sales

    1 in Sea Bright

    $950,000 Price

    Eric Bosniak
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$965,000 Sunnyside Title
State Of New Jersey $1,000 None Listed On Document
Jany Dolores $250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $775,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $965,000 +2.7% $515 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $940,000 -- $502 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,026 $1,288,700 $1,018,600 $270,100
2025 $11,026 $1,289,600 $1,008,600 $281,000
2024 $9,890 $1,147,600 $885,000 $262,600
2023 $9,890 $965,800 $740,000 $225,800
2022 $9,510 $861,700 $644,500 $217,200
2021 $9,510 $826,800 $614,500 $212,300
2020 $9,864 $768,200 $564,500 $203,700
2019 $10,339 $761,900 $564,500 $197,400
2018 $10,753 $748,800 $534,500 $214,300
2017 $10,356 $709,800 $502,000 $207,800
2016 $8,578 $657,300 $460,000 $197,300
2015 $9,322 $464,700 $250,000 $214,700
2014 $10,295 $515,500 $250,000 $265,500
Source: Public Records

Agents Affiliated with this Home

  • RM

    Seller's Agent in 2023

    Ronald Madeira

    C21/ Charles Smith Agency

    (732) 407-8767

    1 in this area

    11 Total Sales

    Ronald Madeira
    Section Image

  • MS

    Seller Co-Listing Agent in 2023

    Mitchell Schanen

    C21/ Charles Smith Agency

    (732) 715-3709

    1 in this area

    25 Total Sales

    Mitchell Schanen
    Section Image
  • Kyle Golden Real Estate Agent - C21 Thomson & Co.

    Buyer's Agent in 2023

    Kyle Golden

    C21 Thomson & Co.

    (201) 400-5427

    2 in this area

    151 Total Sales

    Kyle Golden
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22322810

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00001-01-00003

New Jersey Monmouth County Monmouth Beach 07760 Sea Bright

1540 Ocean Ave Unit 3, Monmouth Beach, 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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