NOT LISTED FOR SALE

350 Ocean Ave Unit 406 Long Branch, NJ 07740

Estimated Value: $2,144,712 - $2,444,000

2 Beds
2.5 Baths
1,785 Sq Ft
1.89 Acres

Last Sold January 15, 2021

Last sale price $1,470,000 $824 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $14,723/month

37 Days on Market

Highlights

  • Ocean Front
  • New Construction
  • 1 Fireplace
  • Fitness Center
  • Heated In Ground Pool
  • Community Center

About This Home

As of January 2021

South Beach at Long Branch is a tranquil and serene luxury condominium community superbly located steps from the boardwalk on Ocean Ave. Two highly designed towers of 47 residences meets the highest standards for shoreline construction with an average finish grade approximately 25' above sea level. Exquisite details and rich features provide unrivaled elegance including floor to ceiling hurricane resistant glass, Miami inspired kitchen and baths, state of the art fixtures and appliances, and much more. Amenities include semi-private elevators opening directly into your unit, High-tech 24/7 gym, business center, virtual concierge, saltwater infinity-edge pool, grand great room for lounging and relaxing, private dining room, guest suites, and the list goes on and on. 10 year tax abatement.

Last Agent to Sell the Property

Mary Burke

Heritage House Sotheby's International Realty License #8442214 Listed on: 09/11/2020

Heritage House Sotheby's International Realty

Last Buyer's Agent

Deborah James

Heritage House Sotheby's International Realty License #1430261

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Ocean Front

Parking

  • 2 Car Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • 1 Fireplace
  • Sliding Doors
  • Storage
  • Washer
  • Home Gym
  • Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Stove
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Long Branch Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-00216-0000-00001-01

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, pool, snow removal
  • Shores@Long Branch Subdivision, Ocean Collection B Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Community Boardwalk
  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: Ocean Collection B
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Heated, In Ground, Salt Water
  • Reso Association Amenities: Exercise Room, Community Room, Boardwalk, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Pool, Snow Removal
  • Inclusions: Washer, Wall Oven, Counter Top Range, Dishwasher, Double Oven, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Stove Hood, Refrigerator, Garbage Disposal
  • Subdivision Name: Shores@Long Branch
  • Architectural Style: One Level Unit, Condo
  • Reso Flooring: Tile
  • Reso Interior Features: Balcony, Elevator, Fitness, Security System, Sliding Door, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2019
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Dec Molding5: Yes
  • Included Security System2: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • PoolSaltWater: Yes
  • Included Counter Top Range: Yes
  • Interior Fitness: Yes
  • Siding Stucco - Cement: Yes
  • Common Elements Boardwalk: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Wall Oven: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Private Storage, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Underground
  • General Property Info:Garage: Yes
  • Parking:Underground: Yes
  • 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 Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00216-0000-00001-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jan 15, 2021
Sold by
Fem South Beach Urban Renewal Llc
Bought by
Mayo Daniel
Seller's Agent
Mary Burke
Heritage House Sotheby's International Realty
Buyer's Agent
Deborah James
Heritage House Sotheby's International Realty
List Price
$1,625,000
Sold Price
$1,470,000
Premium/Discount to List
-$155,000
-9.54%
Current Estimated Value
$2,344,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,237
Avg. Annual Appreciation
10.74%
Original Mortgage
$1,108,000
Interest Rate
2.7%
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
Mayo Daniel $1,470,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Daniel $1,108,000
Previous Owner Mayo Daniel $1,108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $1,470,000 -9.5% $824 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,625,000 -- $910 / 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 -- $1,828,000 $1,417,500 $410,500
2024 -- $1,626,400 $1,233,800 $392,600
2023 -- $1,529,800 $1,155,000 $374,800
2022 $0 $1,432,700 $1,102,500 $330,200
2021 $0 $1,463,700 $1,155,000 $308,700
Source: Public Records

Agents Affiliated with this Home

  • Mary Burke

    Seller's Agent in 2021

    Mary Burke

    Heritage House Sotheby's International Realty

    (732) 946-9200

    26 in this area

    28 Total Sales

    Mary Burke
    Section Image
  • Deborah James

    Buyer's Agent in 2021

    Deborah James

    Heritage House Sotheby's International Realty

    (203) 258-3398

    29 in this area

    45 Total Sales

    Deborah James
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22032452

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00216-0000-00001-406

New Jersey Monmouth County Long Branch 07740

350 Ocean Ave Unit 406, Long Branch, NJ

This home is located at 350 Ocean Ave Unit 406, Long Branch, NJ 07740 since 11 September 2020 and is currently estimated at $2,344,237, approximately $1,313 per square foot. This property was built in 2019. 350 Ocean Ave Unit 406 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.

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.

Nearby Homes