NOT LISTED FOR SALE

350 Ocean Ave Unit 207 Long Branch, NJ 07740

Estimated Value: $2,910,248 - $4,296,000

4 Beds
5 Baths
3,301 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $2,500,000 $757 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $23,804/month

About This Home

As of April 2023

This stunning luxury fully furnished two floor duplex is available immediately for a twelve month rental at a rate of $20,000 per month. Located at South Beach at Long Branch, this maintenance free, highly amenitized desirable New Jersey community is just steps from Ocean Avenue and beach entry. The exquisite details include floor-to-ceiling hurricane-resistant glass panels, state-of-the-art fixtures and top-of-the-line appliances that compliment the sleek open floor plan. With over 3,000 square feet inside and nearly 1,000 feet of exterior space, this home is perfect as a vacation home or year-round residence. On the primary level, gorgeous ocean views from the kitchen and living room await when you enter via private elevator entry. The building offers several amenities, including a concierge, full-time property manager, a 24-hour gym, infinity-edge saltwater pool, private dining room, lounge and conference room as well as direct beach access.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Apr 20, 2023
Sold by
Lieberman Benn and Lieberman Michelle
Bought by
Bhaskar Vikram
Seller's Agent
Deborah James
HERITAGE HOUSE SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$5,050,000
Sold Price
$2,500,000
Premium/Discount to List
-$2,550,000
-50.5%
Views
3
Current Estimated Value
$3,622,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122,749
Avg. Annual Appreciation
19.42%

Purchase Details

Closed on
Sep 15, 2021
Sold by
Fem South Beach Urban Renewal Llc
Bought by
Lieberman Benn and Lieberman Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Bhaskar Vikram $2,500,000 Westcor Land Title
Lieberman Benn $2,550,000 Residential Com Ttl Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lieberman Benn $1,912,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Rented $18,000 -10.0% --
10/11/2023 10/11/23 For Rent $20,000 0.0% --
04/20/2023 04/20/23 Sold $2,500,000 0.0% $757 / Sq Ft
04/20/2023 04/20/23 Sold $2,500,000 +13.6% $1,250,000 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $2,200,000 -56.0% $1,100,000 / Sq Ft
02/28/2023 02/28/23 Price Changed $4,995,000 -1.1% $2,497,500 / Sq Ft
08/08/2022 08/08/22 For Sale $5,050,000 0.0% $1,530 / Sq Ft
07/01/2022 07/01/22 For Sale $5,050,000 -- $2,525,000 / Sq Ft

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 -- $2,324,400 $1,175,000 $1,149,400
2023 -- $2,215,300 $1,100,000 $1,115,300
2022 $0 $2,080,200 $1,050,000 $1,030,200
2021 $0 $1,689,300 $1,100,000 $589,300
Source: Public Records

Agents Affiliated with this Home

  • Deborah James

    Seller's Agent in 2024

    Deborah James

    Heritage House Sotheby's International Realty

    (203) 258-3398

    28 in this area

    42 Total Sales

    Deborah James
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MEMBER NON-MEMBER

    NON-MEMBER

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

New Jersey Monmouth County Long Branch 07740

350 Ocean Ave Unit 207, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 350 Ocean Ave Unit 207, Long Branch, NJ 07740 and is currently estimated at $3,622,749, approximately $1,097 per square foot. 350 Ocean Ave Unit 207 is a home located in Monmouth County with nearby schools including Long Branch High School, Holy Trinity School, and Ma'or Yeshiva High School for Boys.

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.

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