NOT LISTED FOR SALE

1540 Ocean Ave Unit 4 Sea Bright, NJ 07760

Sea Bright Neighborhood

Estimated Value: $1,444,000 - $1,485,000

3 Beds
3.5 Baths
1,872 Sq Ft
$783/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $875,000 $467 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,392/month

14 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Outdoor Pool
  • Wolf Hill Elementary School Rated A-
  • River Front
  • New Kitchen

About This Home

As of October 2020

Spectacular OCEAN and RIVER views throughout this 3 bedroom 3 1/2 bath sundrenched townhouse! Ocean Reef is Sea Brights premiere riverfront community situated on 5.45 acres with just 24 units! Available fully furnished by NYC Interior Designer Virginia Tesi. Gourmet Kitchen, maple cabinetry, subzero fridge, hardwood floors throughout, custom moldings, radiant heat, large spacious rooms and plenty of parking! Steps to the beach with staircase access and easy to launch kayaks and paddle boards on the river. Heated Pool and tennis court. Fast ferry commute to NYC and close to all that Monmouth County offers! Parks, hiking trails, shopping, restaurants, musical venues and universities. Pet Friendly community. High elevation protects from flooding. Waterfront living at its finest!

Last Agent to Sell the Property

Patrice Cicalese-Carden

Resources Real Estate Brokerage Phone: 732-212-0440 License #0894310 Listed on: 08/24/2020

Last Buyer's Agent

Susan Crowe

Heritage House Sotheby's International Realty License #9485925

Heritage House Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,381

Year Built

  • Built in 1982

Lot Details

  • 871 Sq Ft Lot
  • River Front
  • Landscaped
  • Sprinkler System

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Property Views

  • Ocean
  • River

Home Design

  • Slab Foundation
  • Mirrored Walls
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,872 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Clerestory Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • New Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Outdoor Pool
  • Bulkhead
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill
  • Porch

Schools

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

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Exclusions: Fully Furnished. Exclusions will be noted in addendum.
  • Assessor Parcel Number 42-00001-01-00004

Community Details

Overview

  • Association fees include trash, common area, exterior maint, fire/liab, mgmt fees, pool, sewer, snow removal, water
  • 24 Units
  • Ocean Reef Subdivision, Townhouse Floorplan
  • On-Site Maintenance

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts
  • Community Pool
  • Snow Removal

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,381

Year Built

Built in 1982

Lot Details

0

HOA Fees

$733 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: TOWNHOUSE
  • Attribution Contact: 732-212-0440
  • Reso Association Amenities: Tennis Court, Professional Management, Beach, Association, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Pool, Sewer, Snow Removal, Water
  • Inclusions: Water Purifier, Washer, Timer Thermostat, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens, Attic Fan, Air Cleaner, Garbage Disposal, Garage Door Opener, Gas Grill, Gas Cooking, Humidifier
  • Subdivision Name: Ocean Reef
  • Architectural Style: Townhouse
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Built-Ins, Clerestories, Dec Molding, Skylight, Sliding Door, Wall Mirror, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Contract Info List PriceSqFt: 531.52
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.02
  • Location Middle School: Maple Place
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Common Elements Landscaping: Yes
  • Dining Room Dec Molding4: Yes
  • ExteriorDeck: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Wall Mirror: Yes
  • Water Type Bulkhead: Yes
  • Included Gas Grill: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Included Garbage Disposal: Yes
  • Siding Cedar: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Water Type Riverfront: Yes
  • Included Attic Fan: Yes
  • Included Counter Top Range: Yes
  • General Property Info # UnitsBldgs: 24.0
  • Included Air Cleaner: Yes
  • Water Type Riverview: Yes
  • Common Elements Beach: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Humidifier: Yes
  • Features Interior:Skylight: Yes
  • Appliances Included:Water Purifier: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront Features: Bulkhead, Oceanview, Riverfront, Riverview
  • Waterfront: Yes
  • Exclusions: Fully Furnished. Exclusions will be noted in addendum.
  • Construction Type: Cedar
  • Exterior Features: Deck, Patio, Porch - Open, Sprinkler Under, Lighting, Tennis Court(s)
  • Foundation Details: Slab

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 733.0
  • Association Fee Frequency: Monthly
  • Association: 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: Maple Place

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 42-00001-01-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10381.0

Multi Family

  • Number Of Units Total: 24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 29, 2020
Sold by
Tesi Virginia and Alfano Virginia
Bought by
Kamin John
Seller's Agent
Patrice Cicalese-Carden
Resources Real Estate
Buyer's Agent
Susan Crowe
Heritage House Sotheby's International Realty
List Price
$995,000
Sold Price
$875,000
Premium/Discount to List
-$120,000
-12.06%
Current Estimated Value
$1,465,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,179
Avg. Annual Appreciation
10.68%
Original Mortgage
$656,250
Outstanding Balance
$583,969
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$881,210

Purchase Details

Closed on
Jul 9, 2014
Sold by
Alfano Lawrence and Tesi Virginia
Bought by
Tesi Virginia and Alfano Virginia

Purchase Details

Closed on
Nov 29, 2007
Sold by
Gronbeck Susan F and Olivero Gary
Bought by
Alfano Lawrence and Tesi Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2005
Sold by
Schaeffer Steven
Bought by
Gronbeck Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,600
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 7, 2000
Sold by
Wernli Carol
Bought by
Schaeffer Steven and Schaeffer Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.1%

Purchase Details

Closed on
Jul 7, 1995
Sold by
Katz David
Bought by
Wernli Carol and Macan Joanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kamin John $875,000 Chicago Title Insurance Co
Tesi Virginia -- None Available
Alfano Lawrence $951,250 None Available
Gronbeck Susan F $962,500 --
Schaeffer Steven $382,000 --
Wernli Carol $203,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamin John $656,250
Previous Owner Alfano Lawrence $83,000
Previous Owner Alfano Lawrence $417,000
Previous Owner Gronbeck Susan F $625,600
Previous Owner Schaeffer Steven $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $875,000 -12.1% $467 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $995,000 0.0% $532 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $995,000 -- $532 / 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 $11,057 $1,296,900 $1,006,200 $290,700
2024 $10,033 $1,156,600 $885,000 $271,600
2023 $10,033 $979,800 $740,000 $239,800
2022 $8,276 $875,200 $644,500 $230,700
2021 $8,276 $840,000 $614,500 $225,500
2020 $9,846 $766,800 $564,500 $202,300
2019 $10,381 $765,000 $564,500 $200,500
2018 $10,794 $751,700 $534,500 $217,200
2017 $10,397 $712,600 $502,000 $210,600
2016 $8,613 $660,000 $460,000 $200,000
2015 $9,268 $462,000 $250,000 $212,000
2014 $10,227 $512,100 $250,000 $262,100
Source: Public Records

Agents Affiliated with this Home

  • Patrice Cicalese-Carden

    Seller's Agent in 2020

    Patrice Cicalese-Carden

    Resources Real Estate

    (732) 768-8793

    2 in this area

    26 Total Sales

    Patrice Cicalese-Carden
    Section Image
  • Susan Crowe

    Buyer's Agent in 2020

    Susan Crowe

    Heritage House Sotheby's International Realty

    (732) 241-7520

    37 Total Sales

    Susan Crowe
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22027646

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00001-01-00004

New Jersey Monmouth County Sea Bright 07760 Sea Bright

1540 Ocean Ave Unit 4, 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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