NOT LISTED FOR SALE

31 Cedar Ave Unit 24 Long Branch, NJ 07740

Estimated Value: $370,000 - $413,000

2 Beds
1 Bath
823 Sq Ft
$320/mo HOA Fee

Last Sold December 17, 2021

Last sale price $315,000 $383 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,853/month

216 Days on Market

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to West End Park

About This Home

As of December 2021

Ocean Mews just completed (2020) a 2 million dollar renovation that includes new roof, windows, siding, central air, decks on lower levels, railings, hall way carpeting and lighting. This secluded complex is in the midst of West End across from the ocean and moments away from shopping, restaurants, Monmouth Medical Center, Monmouth University and the Long Branch train station. Located on the 2nd floor close to the parking lot, laundry and bike rooms. Live the beach life all year long!
FYI, this is a NO pet community!

Last Agent to Sell the Property

Margaret James

Coldwell Banker Realty Listed on: 03/26/2021

Last Buyer's Agent

Tara Fray-Jenkins

EXP Realty License #2077965

EXP Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1952

Lot Details

  • 436

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

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

Additional Features

  • Exterior Lighting
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 27-00089-0000-00006-24

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, sewer, snow removal, water
  • Ocean Mews 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

$4,254

Year Built

Built in 1952

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Common Laundry, Association, No Pool, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Sewer, Snow Removal, Water
  • Inclusions: Dishwasher, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Mews
  • Architectural Style: One Level Unit, Upper Level
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, Wood
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1952
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • 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
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Common Elements Common Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 320.0
  • 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: Long Branch

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 27-00089-0000-00006-24
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4254.0

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Nov 29, 2021
Sold by
Long Branch Cedar Llc
Bought by
Long Adonis and Long Diana L
Seller's Agent
Margaret James
Coldwell Banker Realty
Buyer's Agent
Tara Fray-Jenkins
EXP Realty
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%
Current Estimated Value
$395,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,169
Avg. Annual Appreciation
5.92%
Original Mortgage
$283,500
Outstanding Balance
$260,288
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$134,881

Purchase Details

Closed on
Jan 30, 2009
Sold by
Elsaesser Kurt J and Riela Joseph
Bought by
Long Branch Cedar Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Long Adonis $315,000 Investment Title Llc
Long Adonis $315,000 Investment Title
Long Branch Cedar Llc -- Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Adonis $283,500
Closed Long Adonis $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $315,000 -1.3% $383 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $319,000 +1.3% $388 / Sq Ft
10/24/2021 10/24/21 Off Market $315,000 -- --
10/08/2021 10/08/21 For Sale $319,000 0.0% $388 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $319,000 0.0% $388 / Sq Ft
05/15/2015 05/15/15 Rented $17,100 -9.3% --
05/01/2013 05/01/13 Rented $18,850 -- --
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 $5,441 $373,700 $265,000 $108,700
2024 $5,347 $354,000 $250,000 $104,000
2023 $5,347 $344,300 $245,000 $99,300
2022 $5,813 $305,500 $218,000 $87,500
2021 $5,813 $290,500 $198,000 $92,500
2020 $4,834 $231,300 $150,000 $81,300
2019 $4,254 $202,400 $129,000 $73,400
2018 $4,137 $195,700 $125,000 $70,700
2017 $4,007 $194,400 $125,000 $69,400
2016 $4,297 $212,600 $145,000 $67,600
2015 $4,222 $189,600 $105,000 $84,600
2014 $3,911 $185,100 $110,000 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22108987

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00089-0000-00006-24