NOT LISTED FOR SALE

5 Ocean Ave Unit 3 Ocean Grove, NJ 07756

Estimated Value: $393,000

1 Bed
1 Bath
480 Sq Ft
$206/mo HOA Fee

Last Sold August 04, 2023

Last sale price $482,500 $1,005 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,015/month

56 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Balcony
  • Fitness Center
  • End Unit
  • 3-minute walk to Founder's Park

About This Home

As of August 2023

You cannot get closer to the beach then beachfront! Fall in love with this beautifully renovated 1 bedroom, 1 bathroom condo with your own private balcony with Ocean Views! This condo is the perfect summer getaway, or enjoy all of that beach all year long! Current owner has taken care and consideration while bringing modern charm to this great condo in a perfect location. New hardwood floors and carpet, new cabinets, quartz countertop, new S/S appliances, new tile floor and vanity in the bathroom, new slider opens to your balcony to enjoy the ocean views and take in the sunrise or evening breeze. Laundry and storage on-site.

Last Agent to Sell the Property

Shannon Mitchell

Space & Company License #1648682 Listed on: 05/20/2023

Last Buyer's Agent

Marisa Austin

Jack Green Realty License #2183436

Jack Green Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,304

Year Built

  • Built in 1889

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ocean Views
  • Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Balcony
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 35-00107-0000-00011-0000-C3

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include lawn maintenance, snow removal

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,304

Year Built

Built in 1889

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Common Laundry
  • Reso Association Fee Includes: Lawn Maintenance, Snow Removal
  • Inclusions: Ceiling Fan(s), Dishwasher, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Lower Level, End Unit, One Level Unit
  • Reso Flooring: Tile, Wood
  • Property Attached Yn: Yes
  • Year Built: 1889
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • 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
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Neptune
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Ceiling Fan(s): Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Style End Unit: Yes
  • Common Elements Common Laundry: Yes
  • Style Lower Level: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2470.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 35-00107-0000-00011-0000-C3

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7304.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $482,500 -3.5% $1,005 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $499,900 -2.0% $1,041 / Sq Ft
05/20/2023 05/20/23 For Sale $509,900 0.0% $1,062 / Sq Ft
10/12/2022 10/12/22 Rented $13,300 +600.0% --
09/20/2022 09/20/22 For Rent $1,900 0.0% --
01/12/2022 01/12/22 Sold $350,000 +6.4% $729 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $329,000 0.0% $685 / Sq Ft
12/06/2013 12/06/13 Rented $1,200 -- --
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 $7,426 $481,400 $304,900 $176,500
2023 $7,426 $418,600 $252,200 $166,400
2022 $7,228 $388,300 $252,200 $136,100
2021 $7,228 $348,000 $95,800 $252,200
2020 $5,994 $287,500 $95,800 $191,700
2019 $5,327 $252,100 $84,900 $167,200
2018 $5,382 $252,100 $84,900 $167,200
2017 $5,503 $247,200 $80,000 $167,200
2016 $5,406 $242,400 $80,000 $162,400
2015 $5,309 $242,400 $80,000 $162,400
2014 $5,820 $218,400 $72,100 $146,300
Source: Public Records

Agents Affiliated with this Home

  • Shannon Mitchell

    Seller's Agent in 2023

    Shannon Mitchell

    Space & Company

    (848) 448-6302

    12 in this area

    59 Total Sales

    Shannon Mitchell
    Section Image

  • M

    Buyer's Agent in 2023

    Marisa Austin

    Jack Green Realty

    (732) 403-7307

    6 in this area

    14 Total Sales

    Marisa Austin
    Section Image

  • R

    Seller's Agent in 2022

    Rufino Durand

    Real Broker, LLC- Point P

    (732) 978-0768

    4 in this area

    31 Total Sales

    Rufino Durand
    Section Image

  • P

    Seller Co-Listing Agent in 2022

    Paul GLIWA

    Real Broker, LLC- Point P

    (732) 455-5252

    1 in this area

    1 Total Sale

    Paul GLIWA
    Section Image

  • J

    Buyer's Agent in 2013

    John Loffredo

    The Mary Holder Agency

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22313610

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00107-0000-00011-0000-C3

New Jersey Monmouth County Ocean Grove 07756

5 Ocean Ave Unit 3, Ocean Grove, NJ

This home is located at 5 Ocean Ave Unit 3, Ocean Grove, NJ 07756 since 20 May 2023 and is currently estimated at $393,000, approximately $818 per square foot. This property was built in 1889. 5 Ocean Ave Unit 3 is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel 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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