NOT LISTED FOR SALE

5 Ocean Ave Unit 7A Belmar, NJ 07719

Belmar Neighborhood

Estimated Value: $526,000 - $597,080

1 Bed
1 Bath
806 Sq Ft
$312/mo HOA Fee

Last Sold November 06, 2024

Last sale price $540,000 $670 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,766/month

20 Days on Market

Highlights

  • Ocean Front
  • New Kitchen
  • Corner Lot
  • Fitness Center
  • Wood Flooring
  • Quartz Countertops

About This Home

As of November 2024

Beach living! This beautiful fully renovated unit in Northwind right across from the beach in Belmar's desirable north end, makes a great year round home or beach getaway. Beautiful hardwood floors in living room and bedroom, with ceramic wood-look-alike in kitchen and bath. The open floorplan flows effortlessly into the large chef's kitchen with stainless steel, newer appliiances and quartz countertops. The bathroom offers a seamless walk in shower and white subway tile--everything today's buyer dreams of! Enjoy coffee on your deck in the morning, and relax on the beach all day! On site laundry, off street parking and storage space add to the conveniences here. Pets are allowed and so are rentals, making this a great investment opportunity, too!

Last Listed By

Diane Glander

Coldwell Banker Realty License #0457819 Listed on: 08/14/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1988

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Electric Fireplace
  • Blinds
  • Sliding Doors
  • Dining Room with Fireplace
  • Intercom

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Quartz Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Roll-in Shower
  • Handicap Shower
  • Hand Rail

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Lower Level

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 111

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, snow removal
  • 25 Units
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,194

Year Built

Built in 1988

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Corner Lot, Oceanfront
  • Reso Association Amenities: Professional Management, Extra Storage, Controlled Access, Common Laundry, Association, No Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: AC Units, Blinds/Shades, Ceiling Fan(s), Light Fixtures, Microwave, Stove, Refrigerator, Intercom
  • Subdivision Name: None
  • Reso Accessibility Features: Stall Shower, Support Rails
  • Architectural Style: Lower Level, One Level Unit
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Sliding Door, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1988
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Common Elements Common Area: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • Location Middle School: Belmar
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • SidingBrick: Yes
  • Kitchen Ceramic Tile3: Yes
  • Basement Heated: Yes
  • Special Needs Stall Shower: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 25.0
  • Included Intercom: Yes
  • Common Elements Common Laundry: Yes
  • Style Lower Level: Yes
  • Dining Room Fireplace - Electric5: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Porch - Open, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Off Street
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 311.55
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Parcel #: 111

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4194.0

Multi Family

  • Number Of Units Total: 25

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Nov 6, 2024
Sold by
Osullivan Joan
Bought by
Hrobsky Kenneth and Hrobsky Diane
Seller's Agent
Diane Glander
Coldwell Banker Realty
Buyer's Agent
Kelly Cutillo
Diane Turton, Realtors-Avon
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Total Days on Market
20
Views
60
Current Estimated Value
$559,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,770
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Jan 15, 2002
Sold by
P & G Partners
Bought by
Black Alan

Range of Values:

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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
Hrobsky Kenneth $540,000 Fidelity National Title
Black Alan $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osullivan Joan K $191,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $540,000 +2.1% $670 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $529,000 -- $656 / 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 $4,194 $298,300 $200,000 $98,300
2023 $4,194 $298,300 $200,000 $98,300
2022 $4,048 $298,300 $200,000 $98,300
2021 $4,048 $298,300 $200,000 $98,300
2020 $4,012 $298,300 $200,000 $98,300
2019 $4,012 $298,300 $200,000 $98,300
2018 $3,684 $298,300 $200,000 $98,300
2017 $3,595 $298,300 $200,000 $98,300
2016 $3,444 $180,200 $70,000 $110,200
2015 $3,458 $180,200 $70,000 $110,200
2014 $3,487 $180,200 $70,000 $110,200
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22423526

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00002-0000-00003-0000-C007A