NOT LISTED FOR SALE

5 Ocean Ave Unit 1A Belmar, NJ 07719

Estimated Value: $578,000 - $706,000

2 Beds
1 Bath
1,065 Sq Ft
$301/mo HOA Fee

Last Sold April 26, 2016

Last sale price $329,000 $309 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,351/month

39 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Corner Lot
  • Ocean View
  • End Unit
  • Air Conditioning

About This Home

As of April 2016

NORTHWIND OCEAN AVENUE TWO BEDROOM CONDO FOR SALE! 1st Floor, Northeast Corner. Need I say More??

Last Agent to Sell the Property

Alice Farr-Leonard

C21/ Schlossbach Realty License #7842357 Listed on: 01/28/2016

Last Buyer's Agent

Alice Farr-Leonard

C21/ Schlossbach Realty License #7842357 Listed on: 01/28/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1988

Lot Details

  • Beach Front
  • End Unit

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • T111 Siding

Interior Spaces

  • 1-Story Property
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 1 Parking Space
  • No Garage
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Belmar Elementary And Middle School
  • Asbury Park High School

Utilities

  • Air Conditioning
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Refrigerator, Furniture negotiable.
  • Assessor Parcel Number 07-00002-0000-00003-0000-C001a

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include common area, exterior maint, lawn maintenance, mgmt fees, sewer, snow removal, water
  • 28 Units
  • Northwind
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,158

Year Built

Built in 1988

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: Northwind
  • ResoLotFeatures: Corner Lot, Beachfront, Oceanfront
  • Reso Association Amenities: Common Laundry, Association
  • Reso Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Blinds/Shades, Dishwasher, Electric Cooking, Stove
  • Subdivision Name: None
  • Architectural Style: End Unit, One Level Unit, Condo
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1988
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: Belmar
  • Lot Description Corner Lot: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • SidingBrick: Yes
  • Style End Unit: Yes
  • Living Room Floor - Ceramic2: Yes
  • General Property Info # UnitsBldgs: 28.0
  • Common Elements Common Laundry: Yes
  • Lot Description Beachfront2: Yes
  • SidingT111: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Basement:Slab: Yes
  • Other Rooms:Foyer: Yes
  • Basement:Partial: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.01
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: Refrigerator, Furniture negotiable.
  • Construction Type: Brick
  • Exterior Features: Shared Storage, Storage, Lighting
  • Foundation Details: Slab
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Asphalt, Assigned, Off Street, On Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking:On Street: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Electric BB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 300.98
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: x
  • Lot Size Sq Ft: 435.6
  • Parcel #: 07-00002-0000-00003-0000-C001a

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4158.0

Multi Family

  • Number Of Units Total: 28

MLS Schools

  • Elementary School: Belmar
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 5, 2016
Sold by
Joan Schroder
Bought by
Valente Nicholas and Valente Deborah
Seller's Agent
Alice Farr-Leonard
C21/ Schlossbach Realty
Buyer's Agent
Alice Farr-Leonard
C21/ Schlossbach Realty
Sold Price
$329,000
Current Estimated Value
$669,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,278
Avg. Annual Appreciation
7.74%
Original Mortgage
$263,200
Interest Rate
3.61%

Purchase Details

Closed on
Sep 11, 2007
Sold by
Estate Of Rose Masseroni and Schroder Joan
Bought by
Schroder Joan
Source: Public Records

Range of Values:

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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
Valente Nicholas -- --
Schroder Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Nicholas $347,000
Closed Valente Nicholas $263,200
Closed Valente Nicholas --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $329,000 -- $309 / 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
2024 $4,637 $329,800 $215,000 $114,800
2023 $4,637 $329,800 $215,000 $114,800
2022 $3,366 $329,800 $215,000 $114,800
2021 $3,366 $329,800 $215,000 $114,800
2020 $4,436 $329,800 $215,000 $114,800
2019 $4,436 $329,800 $215,000 $114,800
2018 $4,073 $329,800 $215,000 $114,800
2017 $3,974 $329,800 $215,000 $114,800
2016 $4,141 $216,700 $80,000 $136,700
2015 $4,158 $216,700 $80,000 $136,700
2014 $4,193 $216,700 $80,000 $136,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Alice Farr-Leonard

    C21/ Schlossbach Realty

    (732) 496-0992

    7 in this area

    17 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21603185

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00002-0000-00003-0000-C001A

New Jersey Monmouth County Belmar 07719

5 Ocean Ave Unit 1A, Belmar, NJ

This home is located at 5 Ocean Ave Unit 1A, Belmar, NJ 07719 since 28 January 2016 and is currently estimated at $654,134, approximately $614 per square foot. This property was built in 1988. 5 Ocean Ave Unit 1A is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

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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