NOT LISTED FOR SALE

350 Ocean Ave Unit 702 Long Branch, NJ 07740

Estimated Value: $3,063,553 - $4,369,000

3 Beds
3.5 Baths
2,442 Sq Ft
$3,111/mo HOA Fee

Last Sold July 30, 2021

Last sale price $2,900,000 $1,188 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $27,248/month

468 Days on Market

Highlights

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

About This Home

As of July 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: 09/17/2019

Heritage House Sotheby's International Realty

Last Buyer's Agent

Deborah James

Serhant New Jersey LLC License #1430261

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $3,111 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,442 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • 1 Fireplace
  • Sliding Doors
  • Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

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

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, pool, snow removal
  • South Beach@Long Branch Subdivision, Penthouse B Floorplan
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • 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

HOA Fees

$3,111 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: Penthouse B
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Heated, In Ground, Salt Water
  • Reso View: Waterview
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Beach Access, Exercise Room, Swimming, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Pool, Snow Removal
  • Inclusions: Washer, Wall Oven, Counter Top Range, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Stove Hood, Refrigerator, Garbage Disposal
  • Subdivision Name: South Beach@Long Branch
  • Architectural Style: One Level Unit
  • Reso Flooring: Tile
  • Reso Interior Features: Dec Molding, Elevator, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2019
  • Contract Info List PriceSqFt: 1433.25
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: 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
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: 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 Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • PoolSaltWater: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Siding Stucco - Cement: Yes
  • Common Elements Beach: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: 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
  • Waterfront Features: Ocean Front, Oceanview
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Underground Garage, Underground
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Underground: 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: 3111.0
  • 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
  • Zoning Description: {"Condo":true}

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jul 19, 2021
Sold by
Fem South Beach Urban Renewal Llc
Bought by
Jay D Moorin 2020 Family Trust
Seller's Agent
Mary Burke
Heritage House Sotheby's International Realty
Buyer's Agent
Deborah James
Serhant New Jersey LLC
List Price
$3,500,000
Sold Price
$2,900,000
Premium/Discount to List
-$600,000
-17.14%
Current Estimated Value
$3,852,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$952,518
Avg. Annual Appreciation
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Jay D Moorin 2020 Family Trust $2,900,000 Prestige Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $2,900,000 -17.1% $1,188 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
11/05/2019 11/05/19 For Sale $3,500,000 -- $1,433 / 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 -- $4,134,400 $3,515,000 $619,400
2024 -- $3,870,000 $3,277,500 $592,500
2023 -- $3,653,100 $3,087,500 $565,600
2022 $0 $3,253,200 $2,755,000 $498,200
2021 $0 $2,190,900 $1,725,000 $465,900
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

    23 in this area

    25 Total Sales

    Mary Burke
    Section Image
  • Deborah James

    Buyer's Agent in 2021

    Deborah James

    Serhant New Jersey LLC

    (203) 258-3398

    28 in this area

    44 Total Sales

    Deborah James
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21938127

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00216-0000-00001-702

New Jersey Monmouth County Long Branch 07740

350 Ocean Ave Unit 702, Long Branch, NJ

Not Listed for Sale

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