NOT LISTED FOR SALE

45 Ocean Ave Unit 11J Monmouth Beach, NJ 07750

Estimated Value: $1,008,000 - $1,327,000

2 Beds
2 Baths
1,430 Sq Ft
$850/mo HOA Fee

Last Sold March 16, 2016

Last sale price $450,000 $315 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $7,790/month

165 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Fitness Center
  • Monmouth Beach School District Rated A
  • Ocean View
  • Heated In Ground Pool

About This Home

As of March 2016

Great ocean front 2 bedroom corner unit overlooking the ocean. Shores is a full amenity building offering tennis, 24 hr doorman and concierge, gym, indoor and outdoor pools. Cafe in lobby. Internet, TV and water included in fees.

Last Agent to Sell the Property

Vanessa Dooley

Resources Real Estate Brokerage Phone: 732-212-0440 License #0336160 Listed on: 08/09/2015

Last Buyer's Agent

Vanessa Dooley

Better Homes Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1978

Lot Details

  • Beach Front
  • End Unit
  • Landscaped
  • Sprinkler System

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Light Fixtures
  • Window Screens
  • Sliding Doors
  • Living Room
  • Storage
  • Home Gym
  • Wood Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Outdoor Storage

Schools

  • Monmouth Beach Elementary And Middle School
  • Shore Reg High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00048-01-00011-10

Community Details

Overview

  • Association fees include trash, common area, exterior maint, fire/liab, mgmt fees, pool, rec facility, snow removal, water
  • 142 Units
  • High-Rise Condominium
  • The Shores Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Community Beach Access
  • Beach
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Recreational Area
  • Snow Removal
  • Tennis Courts

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,354

Year Built

Built in 1978

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Beachfront
  • ResoPoolFeatures: Heated, In Ground
  • Reso Association Amenities: Professional Management, Controlled Access, Beach, Association, Exercise Room, Shuffleboard, Community Room, Common Access, Pool, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Pool, Rec Facility, Snow Removal, Water
  • Inclusions: Washer, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Stove, Refrigerator, Screens
  • Subdivision Name: The Shores
  • Reso Accessibility Features: Wheelchair Access
  • Architectural Style: End Unit, High Rise, Condo
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony, Dec Molding, Elevator, Fitness, Security System, Sliding Door
  • New Construction: No
  • Year Built: 1978
  • Contract Info List PriceSqFt: 348.95
  • Contract Info New Construction: No
  • General Property Info Waterview: 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
  • 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
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: 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
  • Exterior Controlled Access: Yes
  • Exterior Terrace: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Lot Dimensions: x
  • Location Middle School: Monmouth Beach
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Screens: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Living Room Dec Molding3: Yes
  • Exterior Handicap Acc: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Shuffleboard: Yes
  • Special Needs Wheelchair Access: Yes
  • Living Room Sliding Door2: Yes
  • Style End Unit: Yes
  • Exterior Rec Area: Yes
  • General Property Info # UnitsBldgs: 142.0
  • Interior Fitness: Yes
  • Water Type Beachfront: Yes
  • Foyer Dec Molding2: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Heating Electric Heat Pump2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Features Interior:Security System: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Controlled Access, Patio, Private Storage, Rec Area, Sprinkler Under, Storage, Swimming, Terrace, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Underground
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric Heat Pump, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, Electric Heat Pump, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Dimensions: x
  • Parcel #: 34-00048-01-00011-10
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6354.0

Multi Family

  • Number Of Units Total: 142

MLS Schools

  • Elementary School: Monmouth Beach
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2018
Sold by
Abrahams Kenneth
Bought by
Costa John F
Current Estimated Value
$1,156,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Outstanding Balance
$39,926
Interest Rate
4.7%
Mortgage Type
Construction
Estimated Equity
$1,116,744

Purchase Details

Listed on
Aug 9, 2015
Closed on
Mar 10, 2016
Sold by
Adler Luz
Bought by
Abrahams Kenneth
Seller's Agent
Vanessa Dooley
Resources Real Estate
Buyer's Agent
Vanessa Dooley
Better Homes Realty
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Jun 1, 2006
Sold by
Desai Arun
Bought by
Adler Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,800
Interest Rate
6.62%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Kruman Glen
Bought by
Desai Arun and Desai Suzanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Costa John F $650,000 Tworivers Title Company Llc
Abrahams Kenneth $450,000 Rms Title Services Llc
Adler Luz $685,000 --
Desai Arun $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa John F $45,500
Previous Owner Adler Luz $615,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2016 03/16/16 Sold $450,000 -- $315 / 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 $9,981 $1,075,500 $723,500 $352,000
2024 $9,981 $1,024,800 $682,700 $342,100
2023 $9,981 $969,000 $674,900 $294,100
2022 $8,297 $740,500 $444,000 $296,500
2021 $8,297 $653,300 $360,800 $292,500
2020 $7,606 $620,400 $333,000 $287,400
2019 $6,427 $534,700 $201,200 $333,500
2018 $6,193 $503,900 $196,500 $307,400
2017 $6,086 $480,000 $183,400 $296,600
2016 $6,979 $527,500 $174,100 $353,400
2015 $6,631 $527,500 $174,100 $353,400
2014 $6,354 $488,800 $179,200 $309,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21531066

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00011-10