$47,000 - $1,467,000
RENTED AUG 1, 2025

The Lofts Pier Village 30 Melrose Terrace Unit 605 Long Branch, NJ 07740

2 Beds
2 Baths
-- Sq Ft
2019 Built

Last Sold November 19, 2024

Last sale price $1,370,000

Est. 29% decrease in value since last sale

Current estimated payment $5,379/month

Highlights

  • Beach Front
  • Fitness Center
  • In Ground Pool
  • Ocean View
  • Basketball Court
  • Oceanside

About This Home

As of August 2025

OCEANVIEW PENTHOUSE W/ TWO BALCONIES at the Lofts @ Pier Village! Available for SUMMER lease. Enjoy luxury living in this highly-coveted, 2 bedroom, 2 bath furnished beach getaway with designer finishes & upgrades throughout. Bright & sun-filled thanks to the top floor location, continuous floor-to-ceiling windows & dramatic 12-foot ceilings, 30 Melrose 605 is wonderfully positioned within Extell's Lofts @ Pier Village amenity-rich condo complex w/ 24-hour concierge. Seamlessly designed for indoor/outdoor entertaining, capture BOTH epic sunsets & serene ocean views from your 2 private terraces. Enjoy an inviting, beachy palette & designer finishes throughout: Waterworks fixtures, Ann Sacks tile, Miele appliances, motorized shades, custom closets & an exquisite chandelier. Surrounded by lush landscaping, relax at the award-winning amenity deck w/ pool, hot tub & towel service, lounge area w/ fire pits, grills, outdoor TV & bocce court. Additional indoor luxuries: fitness center w/ yoga + massage room, resident's lounge w/ catering kitchen, children's playroom, pet-washing station & package reception + refrigerated storage. All you need to do is unpack! Stroll or bike the boardwalk in your backyard + explore neighboring Asbury Park, Deal, Sea Bright & Red Bank. Close to NY by fast ferry, train or car, conveniently surrounded by restaurants, bars, parks, shopping & houses of worship, join this active community just in time for (endless) summer! No pets; no smoking.

Summer Rental:
Available starting August 1st & option to add September for additional $.
$17K for August;
$25K for August & September.

Inquire for details!

Last Agent to Rent the Property

David Ten Hoeve

Keller Williams Realty Central Monmouth License #0901340 Listed on: 05/30/2025

Keller Williams Realty Central Monmouth

Co-Listed By

Lindsay Minerva

Keller Williams Realty Central Monmouth License #2294782

Last Renter's Agent

Fern Malka

Royal Realty Services LLC License #0567045

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $480

Year Built

  • 2019

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Furnished
  • Sliding Doors
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Oceanside
  • Basketball Court
  • Terrace

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Additional Features

  • Beach Front
  • Upper Level

Listing and Financial Details

  • Property Available on 8/1/25
  • Short Term Lease
  • Assessor Parcel Number 27-00222-0000-00001-01-C0081

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Lofts@Pier Village Subdivision

Amenities

  • Community Center
  • Recreation Room

Recreation

  • Community Spa

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$480

Year Built

2019

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Available Date: 2025-08-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground
  • Reso View: Waterview
  • Reso Association Amenities: Spa/Hot Tub, Community Room
  • Co List Office Mls Id: 3190
  • Co List Office Phone: 732-945-5253
  • Subdivision Name: Lofts@Pier Village
  • Architectural Style: High Rise, Upper Level
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Pool Common2: Yes
  • Exterior Terrace: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Interior Balcony: Yes
  • Contract Info Available Date: 2025-08-01
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Hot Tub2: Yes
  • Furnished Full2: Yes
  • Water Type Beachfront: Yes
  • Lease Terms Short Term: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Common Elements Swimming Pool: Yes
  • Style High Rise: Yes
  • Common Elements Exercise Room3: Yes
  • Exterior Oceanfront3: Yes
  • Exterior Beachfront3: Yes
  • Exterior Oceanside2: Yes
  • Common Elements SpaHot Tub: Yes
  • Special Features: None
  • Year Built (Public Record): 2019

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Double Sinks2: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Marble10: Yes
  • Interior:Sliding Doors: Yes

Exterior Features

  • Waterfront Features: Beach Front, Ocean Front, Oceanview
  • Waterfront: Yes
  • Exterior Features: Hot Tub, Oceanfront, Oceanside, Basketball Court
  • Patio And Porch Features: Terrace
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00222-0000-00001-01-C0081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 18, 2024
Sold by
503 Lofts Llc and 605 Lofts Llc
Bought by
Nijhawan Parveen and Nijhawan Rishi
Seller's Agent
David Ten Hoeve
Keller Williams Realty Central Monmouth
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$1,474,910
Sold Price
$1,370,000
Premium/Discount to List
-$104,910
-7.11%
Views
7
Current Estimated Value
$975,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$394,826
Avg. Annual Appreciation
-38.05%

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:

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

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
08/01/2025 08/01/25 Rented $17,000 0.0% --
07/21/2025 07/21/25 Under Contract -- -- --
07/09/2025 07/09/25 Price Changed $17,000 -5.6% --
05/30/2025 05/30/25 For Rent $18,000 0.0% --
11/19/2024 11/19/24 Sold $1,370,000 -7.1% --
10/23/2024 10/23/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,474,910 -- --
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22515875

MOREMLS (Monmouth Ocean Regional REALTORS®)

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