NOT LISTED FOR SALE

45 Ocean Ave Unit 2D Monmouth Beach, NJ 07750

Estimated Value: $1,060,000 - $1,223,000

2 Beds
2 Baths
1,400 Sq Ft
$789/mo HOA Fee

Last Sold May 20, 2016

Last sale price $525,000 $375 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,327/month

44 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Fitness Center
  • Monmouth Beach School District Rated A
  • Ocean View
  • Outdoor Pool

About This Home

As of May 2016

Direct Oceanfront! Move right into this awesome condo! Host a party on the 1,000 sq ft deck or relax, unwind, & enjoy! Ceramic tile flooring, granite, brand-new hurricane-proof thermo-windows (Unit was untouched by Sandy.) Den/study adjacent to MBR or extra room for grandkids. Tennis, Indoor & outdoor pools, shuffleboard, club/party room, Security desk, Gym, luncheonette. Cable & wireless internet included in maintenance. Views of NY!

Last Agent to Sell the Property

Josette Butehorn

Weichert Realtors-Freehold License #7943450 Listed on: 03/19/2016

Weichert Realtors-Freehold

Co-Listed By

Josette McClaren

Weichert Realtors-Freehold

Last Buyer's Agent

John Castaldo

Weichert Realtors-Manalapan License #1220887

Weichert Realtors-Manalapan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,149

Year Built

  • Built in 1980

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $789 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Mirrored Walls

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Den
  • Ocean Views
  • Home Security System

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Terrace

Schools

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

Utilities

  • Air Conditioning
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00048-0100002-04

Community Details

Overview

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

Amenities

  • Community Deck or Porch
  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

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

Pet Policy

  • Cats Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,149

Year Built

Built in 1980

Lot Details

0

HOA Fees

$789 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Beach, Association, Exercise Room, Shuffleboard, Community Room, Deck, Pool, Clubhouse, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Pool, Rec Facility, Snow Removal, Water
  • Co List Office Mls Id: 179
  • Co List Office Phone: 732-577-0440
  • Inclusions: AC Units, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens
  • Subdivision Name: The Shores
  • Architectural Style: High Rise, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Sliding Door, Wall Mirror
  • New Construction: No
  • Year Built: 1980
  • Contract Info List PriceSqFt: 392.79
  • 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: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Exterior Terrace: Yes
  • Fee Includes Rec Facility: Yes
  • Location Middle School: Monmouth Beach
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: Yes
  • Allowable Cats: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Interior Wall Mirror: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Floor - Ceramic2: Yes
  • General Property Info # UnitsBldgs: 132.0
  • Allowable Elevator4: Yes
  • Water Type Beachfront: Yes
  • Common Elements Deck2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: 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
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Outdoor Shower, Patio, Storm Window, Terrace, Tennis Court(s)
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Assigned, None
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 789.0
  • 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

  • Parcel #: 34-00048-0100002-04

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6149.0

Multi Family

  • Number Of Units Total: 132

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jun 1, 2016
Sold by
Ashby Jo E
Bought by
Battaglia Jack and Battaglia Lori A
Seller's Agent
Josette Butehorn
Weichert Realtors-Freehold
Buyer's Agent
John Castaldo
Weichert Realtors-Manalapan
Sold Price
$525,000
Current Estimated Value
$1,108,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,132
Avg. Annual Appreciation
8.15%
Original Mortgage
$280,000
Outstanding Balance
$223,356
Interest Rate
3.64%
Estimated Equity
$884,776

Purchase Details

Closed on
Jun 21, 2000
Sold by
Robb Peck Mccooey Real Estate
Bought by
Murphy Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.59%

Purchase Details

Closed on
Feb 8, 1999
Sold by
Gelman Geraldine
Bought by
Robb Peck Mccooey Real Estate
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Battaglia Jack $525,000 --
Murphy Patrick $300,000 --
Robb Peck Mccooey Real Estate $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battaglia Jack $280,000
Closed Battaglia Jack --
Previous Owner Murphy Patrick $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $525,000 -- $375 / 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 $8,236 $898,900 $554,000 $344,900
2024 $8,236 $851,700 $522,800 $328,900
2023 $8,236 $799,600 $516,800 $282,800
2022 $6,886 $612,000 $340,000 $272,000
2021 $6,886 $542,200 $276,300 $265,900
2020 $6,514 $531,300 $270,000 $261,300
2019 $6,476 $538,800 $177,800 $361,000
2018 $6,361 $517,600 $170,800 $346,800
2017 $6,023 $475,000 $156,800 $318,200
2016 $5,910 $446,700 $147,400 $299,300
2015 $6,149 $489,200 $161,400 $327,800
2014 $5,906 $454,300 $166,600 $287,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21610607

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00002-04