NOT LISTED FOR SALE

350 Ocean Ave Unit 307 Long Branch, NJ 07740

Estimated Value: $2,385,000 - $2,520,000

2 Beds
2.5 Baths
1,704 Sq Ft
$2,058/mo HOA Fee

Last Sold June 10, 2024

Last sale price $2,300,000 $1,350 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,048/month

123 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Terrace
  • Fitness Center
  • Quartz Countertops
  • Community Center

About This Home

As of June 2024

Introducing an exceptional oceanfront residence offering breathtaking views at every turn. This remarkable, one-of-a-kind residence boasts an expansive 1,704 sq. ft. of meticulously designed living space, perfectly blending luxury and style. As you enter through your private elevator, the floor-to-ceiling glass panels instantly immerse you in panoramic ocean views. The open floor plan seamlessly connects the designer kitchen, inviting living room, and elegant dining area, plus an expansive den/media room all overlooking the awe-inspiring sunrises from your private oceanfront balcony, complete with a captivating gas fireplace. The chef's kitchen is a masterpiece, boasting exquisite quartz countertops, elegant light-heather custom cabinetry, and top-of-the-line Sub Zero and Wolf appliances. Entertain effortlessly with a separate wine cooler and a built-in pantry, ensuring that every gathering is a memorable one. Step inside the bedrooms and be greeted by a professionally decorated interior adorned with fully automated blinds and custom built-in closets throughout, elevating your living experience. The primary bedroom offers a spacious walk-in closet and a lavish ensuite featuring dual sink vanity, a generously sized shower stall, a luxurious soaking tub, and radiant heated floors. The second bedroom boasts incredible ocean vistas and a custom-built closet system. In addition to both bedrooms is a versatile bonus room that can serve as a den, a home office, or an additional bedroom. The residence also features an expansive laundry area that includes a brand-new full-size washer and dryer, as well as ample storage space. South Beach provides an array of exceptional amenities, including secured underground parking, a dedicated concierge, valet service, luxurious guest suites, a grand room, a stylish dining area with a commercial kitchen, a 24-hour fitness center, a business conference center, a saltwater infinity edge pool, and an inviting patio with grilling stations. Elevate your lifestyle and embrace the epitome of oceanfront living. Discover the unrivaled luxury and sophistication that awaits at this extraordinary residence.

Last Agent to Sell the Property

Deborah James

Heritage House Sotheby's International Realty License #1430261 Listed on: 12/15/2023

Heritage House Sotheby's International Realty

Last Buyer's Agent

LuAnn Lyons

Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge License #1752405

Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,145

Year Built

  • Built in 2019

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $2,058 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Ceramic Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00216-0000-00001-307

Community Details

Overview

  • Association fees include water, gas
  • High-Rise Condominium
  • South Beach@Long Branch Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,145

Year Built

Built in 2019

Lot Details

0

HOA Fees

$2,058 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Heated, In Ground, Salt Water
  • Reso Association Amenities: Professional Management, Extra Storage, Controlled Access, Association, Exercise Room, Community Room, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Water, Gas
  • Subdivision Name: South Beach@Long Branch
  • Architectural Style: High Rise
  • Reso Flooring: Ceramic Tile
  • Reso Interior Features: Balcony, Elevator, Security System, Recessed Lighting
  • Year Built: 2019
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Pool Heated3: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Controlled Access: Yes
  • Exterior Terrace: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Common Elements Landscaping: Yes
  • Kitchen Ceramic Tile3: Yes
  • Exterior BBQ: Yes
  • Living Room Sliding Door2: Yes
  • PoolSaltWater: Yes
  • Exterior Security System3: Yes
  • Living Room Floor - Ceramic2: Yes
  • SidingStucco: Yes
  • Garage Heated2: Yes
  • Style High Rise: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Security System: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, BBQ, Controlled Access, Security System, Swimming, Terrace, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Underground, Heated Garage
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 2058.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00216-0000-00001-307

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 21145.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jun 13, 2024
Sold by
Balady Debra
Bought by
D Edward Mcallister Marital Trust and Mcallister
Seller's Agent
Deborah James
Heritage House Sotheby's International Realty
Buyer's Agent
LuAnn Lyons
Berkshire Hathaway HomeServices Fox & Roach - Basking Ridge
List Price
$2,600,000
Sold Price
$2,300,000
Premium/Discount to List
-$300,000
-11.54%
Views
56
Current Estimated Value
$2,459,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,719
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jul 17, 2020
Sold by
Fem South Beach Urban Renewal Llc
Bought by
Balady Debra
Source: Public Records

Range of Values:

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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
D Edward Mcallister Marital Trust $2,300,000 Acres Land Title
D Edward Mcallister Marital Trust $2,300,000 Acres Land Title
Balady Debra $1,605,000 Prestige Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $2,300,000 -8.0% $1,350 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $2,499,000 -3.9% $1,467 / Sq Ft
12/15/2023 12/15/23 For Sale $2,600,000 -- $1,526 / 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 -- $1,835,800 $1,417,500 $418,300
2024 -- $1,633,900 $1,233,800 $400,100
2023 $0 $1,536,900 $1,155,000 $381,900
2022 $0 $1,439,000 $1,102,500 $336,500
2021 $0 $1,469,600 $1,155,000 $314,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334005

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00216-0000-00001-307