Seller's Agent in 2025
Kathleen Russello
BHHS Fox & Roach
(732) 547-9039
1 in this area
7 Total Sales
Sutton Place Condos 388 Ocean Ave N Unit 6D Long Branch, NJ 07740
4
Beds
3.5
Baths
3,200
Sq Ft
$1,206/mo
HOA Fee
Highlights
- Beach Front
- 7.02 Acre Lot
- Deck
- Ocean View
- New Kitchen
- Main Floor Bedroom
About This Home
As of September 2025Luxurious Oceanfront Penthouse with Panoramic Views...
Sutton Place at Seven Presidents Park presents an exclusive opportunity for refined beachfront living. This fully renovated penthouse features 4 bedrooms and 3.5 bathrooms, encompassing 3200 sq. ft. across two levels. The Penthouse offers expansive windows that provide breathtaking views of the Atlantic Ocean from nearly every room. The second floor includes additional entertainment space with a distinguished wet bar. Approximately 1000 sq. ft. of private outdoor space includes a covered terrace on the first level and an expansive deck on the top level. Check out the video!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #2192177 Listed on: 07/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,745
Year Built
- Built in 1988
Lot Details
- Beach Front
- End Unit
- Fenced
- Landscaped
- Sprinkler System
HOA Fees
- $1,206 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Carport
- Oversized Parking
- Parking Storage or Cabinetry
- Garage Door Opener
- Circular Driveway
- Guest Parking
- Visitor Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Flat Roof Shape
- Rubber Roof
- Synthetic Stucco Exterior
Interior Spaces
- 3,200 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Thermal Windows
- Low Emissivity Windows
- Insulated Windows
- Blinds
- Window Screens
- French Doors
- Sliding Doors
- Insulated Doors
- Combination Kitchen and Dining Room
- Porcelain Tile
- Home Security System
Kitchen
- New Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Cooktop
- Stove
- Portable Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 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
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Terrace
- Exterior Lighting
- Outdoor Storage
Schools
- Anastasia Elementary School
- Long Branch Middle School
- Long Branch High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Baseboard Heating
- Programmable Thermostat
- Thermostat
- Electric Water Heater
Additional Features
- Handicap Accessible
- Upper Level
Listing and Financial Details
- Assessor Parcel Number 27-00425-0000-00011-604
Community Details
Overview
- Front Yard Maintenance
- Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, snow removal
- 24 Units
- High-Rise Condominium
- Sutton Place Subdivision, Penthouse Floorplan
- On-Site Maintenance
Amenities
- Common Area
Recreation
- Snow Removal
Security
- Controlled Access
- Storm Windows
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2025
Closed on
Sep 10, 2025
Sold by
Russello Thomas and Russello Kathleen
Bought by
Untener Scott and Untener Suzanne
Seller's Agent
Kathleen Russello
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Nancy Golden
Heritage House Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,900,000
Premium/Discount to List
$150,000
5.45%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.69%
Original Mortgage
$2,320,000
Outstanding Balance
$2,320,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$300,019
Purchase Details
Listed on
Mar 2, 2018
Closed on
Jul 10, 2018
Sold by
Kolipakam Vani Sathya
Bought by
Russello Thomas and Russello Kathleen
Seller's Agent
Lori Saybolt
Heritage House Sotheby's International Realty
Buyer's Agent
Donna Marie Jungsberger
Diane Turton, Realtors-Brick
Sold Price
$1,185,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$600,000
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 28, 1994
Sold by
Caputo Mary
Bought by
Murphy Kolipakam and Kolipakam Vani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.52%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,900,000 | Acres Land Title | |
| Deed | -- | Westcor Land Title Ins Co | |
| Deed | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,320,000 | New Conventional | |
| Previous Owner | $600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $360,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2025 09/03/25 | Sold | $2,900,000 | +5.5% | $906 / Sq Ft | |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- | |
| 07/07/2025 07/07/25 | For Sale | $2,750,000 | +132.1% | $859 / Sq Ft | |
| 07/13/2018 07/13/18 | Sold | $1,185,000 | -- | $371 / Sq Ft | View Prior Sale |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $22,745 | $1,481,200 | $870,000 | $611,200 |
| 2024 | $22,537 | $1,479,800 | $850,000 | $629,800 |
| 2023 | $22,537 | $1,451,200 | $850,000 | $601,200 |
| 2022 | $24,170 | $1,288,900 | $810,000 | $478,900 |
| 2021 | $24,170 | $1,207,900 | $760,000 | $447,900 |
| 2020 | $24,773 | $1,185,300 | $740,000 | $445,300 |
| 2019 | $23,114 | $1,099,600 | $675,000 | $424,600 |
| 2018 | $22,916 | $1,084,000 | $675,000 | $409,000 |
| 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
-
Kathleen Russello
-
Nancy Golden
Buyer's Agent in 2025
Nancy Golden
Heritage House Sotheby's International Realty
(732) 859-3678
1 in this area
43 Total Sales
-
Lori Saybolt
Seller's Agent in 2018
Lori Saybolt
Heritage House Sotheby's International Realty
(732) 859-9010
5 in this area
128 Total Sales
-
Donna Marie Jungsberger
Buyer's Agent in 2018
Donna Marie Jungsberger
Diane Turton, Realtors-Brick
(908) 433-2900
85 Total Sales
About Sutton Place Condos
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22519493
APN: 27-00425-0000-00011-604
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