NOT LISTED FOR SALE

30 Melrose Terrace Unit 605 Long Branch, NJ 07740

Estimated Value: $47,000 - $1,467,000

2 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold February 03, 2023

Last sale price $1,175,000

Est. 17% decrease in value since last sale

Current estimated payment $5,353/month

Highlights

  • Ocean View
  • Cabana
  • Waterfront
  • Fitness Center
  • Oceanside
  • New Kitchen

About This Home

As of June 2024

Luxury penthouse SUMMER rental featuring awesome views in this 2BR 2BA at the Lofts at Pier Village. Designer furnished and boasting 12' ceilings, dining table for 8, queen sleeper sofa with lounger and 77-inch TV with Sonos sound bar in the LR, two balconies with views of the ocean, Pier Village and distant NYC skyline. The primary bedroom has a king bed, desk, and 65-inch TV. Double vanity w/ private commode in the primary ensuite bathroom. Live just steps from the ocean and never have to grapple with parking at the beach. Fantastic amenities include pool, gym, club room, game room, 24-hour concierge all in the heart of Pier Village. With Starbucks in the building, restaurants, clubs and shopping, this is the perfect place to summer. Available June 1st-August 31st.

Last Agent to Rent the Property

Leah Beganie

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #0792428 Listed on: 03/13/2024

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Renter's Agent

Sutah Ann Robins

Beachfront Properties License #1005092

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $480

Year Built

  • Built in 2020

Lot Details

  • Waterfront
  • Landscaped

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture
  • Mirrored Walls

Interior Spaces

  • 1-Story Property
  • Furnished
  • Recessed Lighting
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Home Gym
  • Wood Flooring
  • Ocean Views
  • Intercom

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Oceanside
  • Terrace

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 6/1/24

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash, pool, snow removal, water, sewer
  • 245 Units
  • Lofts@Pier Village Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Snow Removal

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$480

Year Built

Built in 2020

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Cabana, In Ground
  • Reso Association Amenities: Community Room, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Pool, Snow Removal, Water, Sewer
  • Inclusions: Washer, Intercom, Refrigerator, Window Treatments, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: Lofts@Pier Village
  • Architectural Style: Contemporary
  • Reso Interior Features: Fitness, Sliding Door, Wall Mirror, Recessed Lighting
  • Year Built: 2020
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Pool3: Yes
  • Exterior Terrace: Yes
  • Location Middle School: Long Branch
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Interior Recessed Lighting: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Contract Info Available Date: 2024-06-01
  • Maintenance Fees Security Deposit3: 5000.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Wall Mirror: Yes
  • Living Room Sliding Door2: Yes
  • Furnished Full2: Yes
  • Included Intercom: Yes
  • Interior Fitness: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Pool Cabana: Yes
  • Common Elements Swimming Pool: Yes
  • Common Elements Elevator3: Yes
  • Common Elements Exercise Room3: Yes
  • Exterior Oceanside2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Tub2: Yes
  • Primary Bath Marble10: Yes

Exterior Features

  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exterior Features: Terrace, Oceanside
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Underground
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 000000

Multi Family

  • Number Of Units Total: 245

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
503 Lofts Llc and 605 Lofts Llc
Bought by
Nijhawan Parveen and Nijhawan Rishi
Current Estimated Value
$975,174

Purchase Details

Closed on
Dec 29, 2020
Sold by
Pier Village Iii Urban Renewal Co Llc
Bought by
Markowitz Linda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,201
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2020
Sold by
Pier Village Iii Urban Renewal Company L
Bought by
Markowitz Linda W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,201
Interest Rate
2.5%
Mortgage Type
New Conventional
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
Nijhawan Parveen $1,370,000 Majestic Title
Nijhawan Parveen $1,370,000 Majestic Title
Markowitz Linda W $999,000 Title Link Llc
Markowitz Linda W $999,000 Title Links
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markowitz Linda W $798,201
Previous Owner Markowitz Linda W $798,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $45,000 0.0% --
04/26/2024 04/26/24 Under Contract -- -- --
03/30/2024 03/30/24 Price Changed $45,000 -18.2% --
03/13/2024 03/13/24 For Rent $55,000 +22.2% --
06/01/2023 06/01/23 Rented $45,000 -10.0% --
03/25/2023 03/25/23 Price Changed $50,000 -16.0% --
03/16/2023 03/16/23 For Rent $59,500 0.0% --
02/03/2023 02/03/23 Sold $1,175,000 -1.7% --
01/17/2023 01/17/23 For Sale $1,195,000 0.0% --
12/02/2022 12/02/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $1,195,000 -- --
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 $480 $30,900 $30,900 $0
2023 $480 $30,900 $30,900 $0
2022 $618 $30,900 $30,900 $0
2021 $618 $30,900 $30,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Leah Beganie

    Landlord's Agent in 2024

    Leah Beganie

    BHHS Fox & Roach

    (732) 788-4770

    5 in this area

    33 Total Sales

    Leah Beganie
    Section Image
  • Sutah Ann Robins

    Tenant's Agent in 2024

    Sutah Ann Robins

    Beachfront Properties

    (732) 539-6272

    26 in this area

    27 Total Sales

    Sutah Ann Robins
    Section Image
  • Anna Ingrassia

    Seller's Agent in 2023

    Anna Ingrassia

    Heritage House Sotheby's International Realty

    (973) 885-0159

    1 in this area

    39 Total Sales

    Anna Ingrassia
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22406922

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00222-0000-00001-01-C0081

New Jersey Monmouth County Long Branch 07740

30 Melrose Terrace Unit 605, Long Branch, NJ

This home is located at 30 Melrose Terrace Unit 605, Long Branch, NJ 07740 since 13 March 2024 and is currently priced at $975,174. This property was built in 2020. 30 Melrose Terrace Unit 605 is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity 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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