$600,000
SOLD FEB 7, 2025

40 Ocean Pathway Unit A Ocean Grove, NJ 07756

Neptune Neighborhood
2 Beds
1 Bath
1,129 Sq Ft
$319/mo HOA Fee

Recently Sold

$531 Per Sq Ft

23% Below List Price

115 Days on Market

Highlights

  • Water Views
  • Porch
  • Heating System Uses Natural Gas
  • Wood Flooring
  • Central Air
  • 3-minute walk to Founder's Park

About This Home

As of February 2025

Take a look at this! 2 Bedroom First floor unit with private entrance and open front porch, wonderful for Summer, Weekend or all year round! Enjoy all Ocean Grove has to offer while living on the most desirable street in town! Open floor plan, Large bathroom, fresh paint. Storage unit in basement. This is a no pets no smoking no rental building.

Last Agent to Sell the Property

John Loffredo

Jack Green Realty License #0016901

Jack Green Realty

Last Buyer's Agent

Michelle Green

Jack Green Realty License #1110702

Jack Green Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,827

Year Built

  • Built in 2006

HOA Fees

  • $319 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,129 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 35-00129-0000-00003-0000-C01

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,827

Year Built

Built in 2006

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: None
  • Architectural Style: Lower Level, One Level Unit
  • Reso Flooring: Wood
  • Reso Interior Features: Elevator
  • New Construction: No
  • Year Built: 2006
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Kitchen Floor - Wood4: Yes
  • Siding Clapboard: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: No
  • Construction Type: Clapboard
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 955.59
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 35-00129-0000-00003-0000-C01

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14827.0

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $600,000 -14.2% $531 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
11/21/2024 11/21/24 Off Market $699,000 -- --
09/21/2024 09/21/24 Price Changed $699,000 -9.8% $619 / Sq Ft
08/30/2024 08/30/24 For Sale $775,000 -- $686 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $14,827 $927,700 $251,500 $676,200
2023 $14,827 $835,800 $251,500 $584,300
2022 $10,692 $753,000 $251,500 $501,500
2021 $9,394 $514,800 $142,500 $372,300
2020 $9,270 $444,600 $142,500 $302,100
2019 $9,394 $444,600 $142,500 $302,100
2018 $9,492 $444,600 $142,500 $302,100
2017 $9,425 $423,400 $139,700 $283,700
2016 $9,442 $423,400 $139,700 $283,700
2015 $9,272 $423,400 $139,700 $283,700
2014 $9,328 $350,000 $167,500 $182,500
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $480,000 New Conventional
Closed $342,600 New Conventional
Closed $375,000 New Conventional
Closed $414,000 Unknown
Closed $380,000 Purchase Money Mortgage
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22425167

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00129-0000-00003-0000-C01

New Jersey Monmouth County Ocean Grove 07756 Neptune

40 Ocean Pathway Unit A, Ocean Grove, NJ

Homes for Sale in Ocean Grove, NJ

This home is located at 40 Ocean Pathway Unit A, Ocean Grove, NJ 07756 and is currently priced at $600,000, approximately $531 per square foot. This property was built in 2006. 40 Ocean Pathway Unit A is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

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.