Seller's Agent in 2019
Richard Nagel
RE/MAX
(908) 433-9012
21 in this area
145 Total Sales
45 Ocean Ave Unit 7E Monmouth Beach, NJ 07750
Estimated Value: $1,004,000
3
Beds
3
Baths
2,900
Sq Ft
$1,500/mo
HOA Fee
Highlights
- Beach Front
- Community Beach Access
- Fitness Center
- Monmouth Beach School District Rated A
- Ocean View
- Concrete Pool
About This Home
As of February 2019WHO DOESN'T WANT A DEAL? HOW ABOUT A STEAL? Over the past year, the sale prices of the two bedroom units in The Shores have been between $515,000 and $585,000. Here you get two, two bedroom units on the 7th floor northeast corner for $700,000. Simple math says this add up to deal and probably a steal! On a clear day, the only thing that will limit your views of Monmouth Beach, the ocean, and even NYC will be your eyesight. Unlike many double units, this almost 2900 square foot condominium is designed to flow like one large unit with spacious rooms throughout. Features not often found in condos include a huge, eat-in kitchen; two terraces; hurricane rated windows and sliders; a separate laundry room with a laundry tub; and two master size bedrooms with baths. Amenities at The Shores include a 24 hours concierge desk, an indoor and an outdoor pool, a fitness room, and a luncheonette.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,955
Year Built
- Built in 1977
Lot Details
- Beach Front
- Landscaped
HOA Fees
- $1,500 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
- Built-In Features
- Track Lighting
- Light Fixtures
- Thermal Windows
- Blinds
- Window Screens
- Sliding Doors
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- Home Office
- Storage
- Ocean Views
Kitchen
- Eat-In Kitchen
- Dinette
- Self-Cleaning Oven
- Electric Cooktop
- Stove
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Parking
- 2 Parking Spaces
- Common or Shared Parking
- Paved Parking
- Visitor Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Fence Around Pool
Outdoor Features
- Oceanside
- Balcony
- 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 34-00048-01-00007-05
Community Details
Overview
- Front Yard Maintenance
- Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool, rec facility, snow removal, water
- High-Rise Condominium
- The Shores Subdivision, Double Unit Floorplan
- On-Site Maintenance
Amenities
- Common Area
- Community Center
- Recreation Room
- Community Storage Space
Recreation
- Community Beach Access
- Beach
- Tennis Courts
- Fitness Center
- Community Pool
- Snow Removal
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2019
Closed on
Feb 11, 2019
Sold by
Gasarch Bette and Gasarch Justin
Bought by
Santiago Ramona
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
Richard Nagel
RE/MAX Elite
Sold Price
$700,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,000
Original Mortgage
$484,350
Outstanding Balance
$424,962
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2018
Sold by
Gasarch Justin and Gasarch Bette
Bought by
Santiago Romona
Purchase Details
Closed on
Dec 27, 1990
Bought by
Gasarch Bette
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Santiago Ramona | $700,000 | None Available | |
| Santiago Romona | $30,000 | Westcor Land Title Ins Co | |
| Gasarch Bette | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santiago Ramona | $484,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2019 02/28/19 | Sold | $700,000 | -- | $241 / Sq Ft |
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 |
|---|---|---|---|---|
| 2022 | $5,503 | $480,900 | $234,000 | $246,900 |
| 2021 | $5,503 | $433,300 | $192,000 | $241,300 |
| 2020 | $5,437 | $443,500 | $180,000 | $263,500 |
| 2019 | $6,885 | $572,800 | $189,000 | $383,800 |
| 2018 | $5,984 | $486,900 | $160,700 | $326,200 |
| 2017 | $5,901 | $465,400 | $153,600 | $311,800 |
| 2016 | $6,157 | $465,400 | $153,600 | $311,800 |
| 2015 | $6,120 | $486,900 | $160,700 | $326,200 |
| 2014 | $5,649 | $434,500 | $168,700 | $265,800 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Nagel
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21902166
APN: 34-00048-01-00007-05
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