NOT LISTED FOR SALE

45 Ocean Terrace Long Branch, NJ 07740

Estimated Value: $1,875,000 - $2,713,000

4 Beds
2 Baths
2,068 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $455,000 $220 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $14,329/month

130 Days on Market

Highlights

  • Water Views
  • Shore Colonial Architecture
  • Enclosed Patio or Porch
  • Main Floor Primary Bedroom
  • No HOA
  • Living Room

About This Home

As of April 2017

Wake up to a spectacular ocean view, enjoy the beach and Pier Village. Just a short distance from your home. Renovate the existing home-possibly mother/daughter (possible 2 family) with a separate entrance. OR build your dream home at Beachfront North. VALUE IS IN THE LAND. High elevation requires no flood insurance. The adjacent property located at 40 Seaview Avenue is also for sale (see MLS # 21642985) Create your oceanfront compound with a conforming 2 unit single structure.

Last Agent to Sell the Property

Nancy Califano

Folk Agency License #8031727 Listed on: 11/14/2016

Last Buyer's Agent

Mohanie Kaulesar

Diamond Real Estate Brokerage,LLC License #0343819

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,578

Year Built

  • Built in 1920

Lot Details

  • 3,093

Home Design

  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 40 x 77

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-00302-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,578

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Year Built: 1920
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 77
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Shore Colonial: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Crawl Space: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: personal property
  • Exterior Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 40 x 77
  • Parcel #: 27-00302-0000-00019

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7578.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Manuel Serra
Bought by
Serra Family Irrevocable Living Trust
Current Estimated Value
$2,298,308

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jun 8, 2017
Sold by
Cook Alan A and Cook Judi Cook
Bought by
Serra Manuel
Seller's Agent
Nancy Califano
Folk Agency
Buyer's Agent
Mohanie Kaulesar
Diamond Real Estate Brokerage,LLC
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Interest Rate
3.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Serra Family Irrevocable Living Trust -- Thoms Legal & Consulting Llc
Serra Manuel $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serra Manuel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $455,000 -- $220 / 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 $26,300 $1,834,500 $892,600 $941,900
2024 $21,026 $1,711,100 $792,600 $918,500
2023 $21,026 $1,353,900 $0 $0
2022 $15,097 $1,015,700 $0 $0
2021 $15,097 $754,480 $0 $0
2020 $11,947 $571,640 $0 $0
2019 $7,399 $1,004,100 $352,000 $652,100
2018 $7,336 $347,000 $347,000 $0
2017 $11,278 $547,200 $347,000 $200,200
2016 $10,954 $542,000 $347,000 $195,000
2015 $7,578 $340,300 $180,000 $160,300
2014 $6,810 $322,300 $180,000 $142,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Califano

    Folk Agency

    (732) 890-5397

    3 Total Sales

    Nancy Califano
    Section Image
  • Mohanie Kaulesar

    Buyer's Agent in 2017

    Mohanie Kaulesar

    Diamond Real Estate Brokerage,LLC

    (732) 614-2717

    1 in this area

    2 Total Sales

    Mohanie Kaulesar
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21642980

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00302-0000-00019

New Jersey Monmouth County Long Branch 07740

45 Ocean Terrace, Long Branch, 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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