NOT LISTED FOR SALE

Sutton Place Condos 388 Ocean Ave N Unit 6A Long Branch, NJ 07740

Estimated Value: $1,636,794 - $1,819,000

3 Beds
3 Baths
3,500 Sq Ft
7.02 Acres

Highlights

  • Beach Front
  • Ocean View
  • Oceanside
  • Community Beach Access
  • Basketball Court
  • 7.02 Acre Lot

About This Home

As of August 2023

Spectacular Presence! Stunning best describes this 3500sqt foot Oceanfront Corner 2-Story Penthouse, boasting an open& free flowing floor plan, walls of windows, dramatic granite & marble decor, 2 connecting covered balconies of lower level & an expansive and exclusive wraparound open-aired terrace with stone pavers. Enjoyed unmatched and unobstructed panoramic vistas of the Atlantic Ocean, Shrewsbury river & New York City Skyline as you relax or entertain in Grand Style. Come and Explore the New Long Branch!

Last Agent to Rent the Property

Roksana Bedrij

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #0345704 Listed on: 05/29/2023

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Renter's Agent

Michelle Arege-Coffenberg

Preferred Properties Real Estate License #1971456

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,855

Year Built

  • Built in 1988

Lot Details

  • Beach Front
  • End Unit
  • Fenced
  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Visitor Parking
  • Assigned Parking

Home Design

  • Mirrored Walls

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Skylights
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Stove
  • Portable Range
  • Microwave
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower
  • Heat Lamp

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Oceanside
  • Basketball Court
  • Balcony
  • Deck
  • Terrace
  • Exterior Lighting
  • Porch

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $12,900
  • Property Available on 6/1/23
  • Exclusions: Homeowner is utilizing one car garage for storage. Exclusive assigned space is available for tenant
  • Assessor Parcel Number 27-00425-0000-00011-601

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, snow removal, water, heat, sewer
  • 24 Units
  • High-Rise Condominium
  • Sutton Place Subdivision, Penthouse Floorplan

Amenities

  • Community Deck or Porch
  • Common Area
  • Elevator

Recreation

  • Community Beach Access
  • Snow Removal

Security

  • Controlled Access
  • Storm Windows

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,855

Year Built

Built in 1988

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Available Date: 2023-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Model: Penthouse
  • Reso Association Amenities: Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Snow Removal, Water, Heat, Sewer
  • Inclusions: Wall Oven, Timer Thermostat, Washer, Stove, Counter Top Range, Central Vacuum, Screens, Security System, Self/Con Clean, Intercom, Microwave, Outdoor Lighting, Refrigerator, Window Treatments, Disposal, Dryer
  • Subdivision Name: Sutton Place
  • Architectural Style: High Rise, Bi-Level, End Unit
  • Reso Interior Features: Balcony, Built-Ins, Dec Molding, Skylight, Sliding Door, Wall Mirror
  • Year Built: 1988
  • Contract Info List PriceSqFt: 2.46
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 7.02
  • Location Middle School: Long Branch
  • Style Bi-Level: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Living Room Two Story2: Yes
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Cooling Electric3: Yes
  • Exterior Sprinkler Under: Yes
  • Number Appliances Included A C Units: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • ExteriorDeck: Yes
  • Included SelfCon Clean: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2023-06-01
  • Maintenance Fees Security Deposit3: 12900.0
  • Lease Requirements Security Deposit4: Yes
  • Interior Wall Mirror: Yes
  • Foyer Floor - Ceramic: Yes
  • Style End Unit: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Full2: Yes
  • Kitchen Floor - Porcelain4: Yes
  • Included Counter Top Range: Yes
  • Included Intercom: Yes
  • Water Type Beachfront: Yes
  • Foyer Circular Stair: Yes
  • Fee Includes Heat4: Yes
  • Foyer Floor - WW Carpet: Yes
  • Included Outdoor Lighting3: Yes
  • Dining Room Floor - Marble5: Yes
  • Common Elements Beach Access: Yes
  • Parking Visitor2: Yes
  • Included Security System7: Yes
  • Common Elements Elevator3: Yes
  • Style High Rise: Yes
  • Exterior Oceanfront3: Yes
  • Common Elements Deck3: Yes
  • Exterior Beachfront3: Yes
  • Exterior Oceanside2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Skylight: Yes
  • Appliances Included:Central Vacuum: Yes
  • Appliances Included:Disposal: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes
  • Primary Bedroom Skylight9: Yes
  • Primary Bath Whirlpool2: Yes
  • Primary Bath Marble10: Yes
  • Primary Bath Floor - Marble10: Yes
  • Primary Bath Heat Lamp2: Yes

Exterior Features

  • Acres: 7.02
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exclusions: Homeowner is utilizing one car garage for storage. Exclusive assigned space is available for tenant
  • Exterior Features: Deck, Fence, Porch - Open, Sprinkler Under, Storm Window, Terrace, Oceanfront, Oceanside, Basketball Court, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, See Remarks, Common, Assigned, Visitor, Detached, Direct Access
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 305791.2
  • Parcel #: 27-00425-0000-00011-601

Multi Family

  • Number Of Units Total: 24

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2014
Sold by
Khanna Sunil Kumar
Bought by
Khanna Sunil Kumar and Khanna Nirmal
Current Estimated Value
$1,716,598

Purchase Details

Closed on
Jun 15, 2005
Sold by
Catena Richard
Bought by
Khanna Sunil Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$452,274
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,264,324
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
Khanna Sunil Kumar -- Multiple
Khanna Sunil Kumar $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanna Sunil Kumar $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Rented $194,400 +2160.5% --
05/29/2023 05/29/23 For Rent $8,600 -- --
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 $21,855 $1,420,400 $870,000 $550,400
2024 $21,678 $1,421,900 $850,000 $571,900
2023 $21,678 $1,395,900 $850,000 $545,900
2022 $24,206 $1,290,900 $810,000 $480,900
2021 $24,206 $1,209,700 $760,000 $449,700
2020 $24,810 $1,187,100 $740,000 $447,100
2019 $23,507 $1,118,300 $675,000 $443,300
2018 $23,296 $1,102,000 $675,000 $427,000
2017 $22,183 $1,076,300 $675,000 $401,300
2016 $21,542 $1,065,900 $675,000 $390,900
2015 $18,727 $840,900 $450,000 $390,900
2014 $19,017 $900,000 $270,000 $630,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2023

    Roksana Bedrij

    BHHS Fox & Roach

    Section Image

  • M

    Tenant's Agent in 2023

    Michelle Arege-Coffenberg

    Preferred Properties Real Estate

    (732) 513-0646

    1 in this area

    33 Total Sales

    Michelle Arege-Coffenberg
    Section Image
See All Agents

About Sutton Place Condos

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22314433

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00425-0000-00011-601

New Jersey Monmouth County Long Branch 07740

388 Ocean Ave N Unit 6A, 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.

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