$350,000
SOLD JAN 12, 2022

5 Ocean Ave Unit 3 Ocean Grove, NJ 07756

1 Bed
1 Bath
480 Sq Ft
$190/mo HOA Fee

Recently Sold

$729 Per Sq Ft

6% Above List Price

6 Days on Market

Highlights

  • Waterfront
  • Multiple cooling system units
  • Dogs and Cats Allowed
  • Balcony
  • Baseboard Heating
  • 3-minute walk to Founder's Park

About This Home

As of August 2023

Cozy 1st floor oceanfront condo. 1 bed/1 bath with private balcony that provides amazing ocean views. Easy walk to Asbury Park. Large open living room and dining room; good size closets throughout. Washer and dryer plus additional storage in basement. New furnace in 2019, water heater in 2015. Hurry, this will not last long.

Last Agent to Sell the Property

Rufino Durand

Real Broker, LLC- Point P License #0678442 Listed on: 11/18/2021

Co-Listed By

Paul GLIWA

Real Broker, LLC- Point P License #0999307

Last Buyer's Agent

Shannon Mitchell

Vail Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,228

Year Built

  • Built in 1889

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Balcony
  • Waterfront
  • Lower Level

Listing and Financial Details

  • Exclusions: Sellers personal belongings and furniture.
  • Assessor Parcel Number 00000917

Community Details

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,228

Year Built

Built in 1889

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Co List Office Mls Id: 2343
  • Co List Office Phone: 732-455-5252
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Property Attached Yn: Yes
  • Year Built: 1889
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Location Middle School: Neptune
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Cooling Multi Units: Yes
  • Style Lower Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exclusions: Sellers personal belongings and furniture.
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2285.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 00000917

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7227.96

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: 22137140

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 and is currently priced at $350,000, approximately $729 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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