NOT LISTED FOR SALE

45 Ocean Ave Unit 4A Monmouth Beach, NJ 07750

Estimated Value: $635,674 - $790,000

1 Bed
1.5 Baths
1,033 Sq Ft
$750/mo HOA Fee

Last Sold September 15, 2020

Last sale price $400,000 $387 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,809/month

143 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Oceanside
  • Monmouth Beach School District Rated A
  • In Ground Pool
  • Community Center

About This Home

As of September 2020

The lifestyle we all dream of can now be Yours! Welcome TO ''The Shores'' in Monmouth Beach. A full service condominium complex offering 24-Hour Concierge, beach, indoor and outdoor salt water pools, fitness room, social room, tennis courts, on-site management and so much more. This 1 Bedroom 1.5 Bath condo is extremely spacious and the views are INCREDIBLE! Enjoy your breakfast and coffee on your private balcony with stunning ocean views and breezes. Worry-free life style exists at The Shores for those days when you would like to grab a quick bite at your on-site cafe offering breakfasts and lunches. It's 5 star rated by the residents. Minutes away from beautiful Pier Village and Asbury Park. Close and convenient commute to NYC by car, train, bus or high speed Ferry. Hurry don't wait...

Last Agent to Sell the Property

Eric Bosniak

Coldwell Banker Realty Listed on: 03/13/2020

Last Buyer's Agent

Chris Katz

RE/MAX Synergy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,725

Year Built

  • Built in 1977

Lot Details

  • 174

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Blinds
  • Sliding Doors
  • Living Room
  • Home Gym
  • Ocean Views

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Visitor Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Additional Features

  • Oceanside
  • Ocean Front

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 34-00048-01-00004-01

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, lawn maintenance, pool, rec facility, snow removal, water
  • High-Rise Condominium
  • The Shores Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,725

Year Built

Built in 1977

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront, Oceanside
  • ResoPoolFeatures: In Ground
  • Reso Association Amenities: Tennis Court, Association, Exercise Room, Shuffleboard, Community Room, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Lawn Maintenance, Pool, Rec Facility, Snow Removal, Water
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Refrigerator
  • Subdivision Name: The Shores
  • Architectural Style: High Rise, One Level Unit, Condo
  • Reso Interior Features: Elevator, Fitness, Sliding Door
  • New Construction: No
  • Year Built: 1977
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • 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
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Farm: No
  • Location Middle School: Monmouth Beach
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Kitchen Ceramic Tile3: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Shuffleboard: Yes
  • Common Elements Tennis Court: Yes
  • Foyer Floor - Ceramic: Yes
  • Parking Visitor: Yes
  • Allowable Elevator4: Yes
  • Interior Fitness: Yes
  • Style High Rise: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: Personal Items
  • Exterior Features: Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Visitor
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • 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: Monmouth Beach

Lot Info

  • Parcel #: 34-00048-01-00004-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3725.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Sep 15, 2020
Sold by
Segal Bernard H and Segal Rosa
Bought by
Caputo Frankie and Caputo Nicoletta
Seller's Agent
Eric Bosniak
Coldwell Banker Realty
Buyer's Agent
Chris Katz
RE/MAX Synergy
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Current Estimated Value
$684,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,919
Avg. Annual Appreciation
10.90%
Original Mortgage
$360,000
Outstanding Balance
$319,476
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$365,443

Purchase Details

Closed on
Aug 4, 1977
Bought by
Segal Bernard H and Segal Rosa
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
Caputo Frankie $400,000 All Ahead Title Agency Llc
Caputo Frankie $400,000 All Ahead Title
Segal Bernard H $41,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caputo Frankie $360,000
Closed Caputo Frankie $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $400,000 -7.0% $387 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $430,000 -- $416 / 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 $5,307 $597,400 $325,800 $271,600
2024 $5,307 $551,400 $323,000 $228,400
2023 $5,307 $515,200 $318,800 $196,400
2022 $4,695 $458,900 $270,000 $188,900
2021 $4,695 $369,700 $186,300 $183,400
2020 $4,273 $348,500 $168,300 $180,200
2019 $3,725 $309,900 $102,300 $207,600
2018 $3,249 $264,400 $87,300 $177,100
2017 $3,419 $269,600 $89,000 $180,600
2016 $3,225 $243,800 $80,500 $163,300
2015 $3,454 $274,800 $90,700 $184,100
2014 $4,290 $330,000 $121,000 $209,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric Bosniak

    Coldwell Banker Realty

  • C

    Buyer's Agent in 2020

    Chris Katz

    RE/MAX

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009967

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-01-00004-01

New Jersey Monmouth County Monmouth Beach 07750

45 Ocean Ave Unit 4A, Monmouth Beach, 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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