NOT LISTED FOR SALE

5 Ocean Ave Unit 5 Ocean Grove, NJ 07756

Estimated Value: $458,887 - $619,000

2 Beds
1 Bath
524 Sq Ft
$180/mo HOA Fee

Last Sold December 29, 2017

Last sale price $250,000 $477 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,877/month

18 Days on Market

Highlights

  • Waterfront
  • Heating System Uses Natural Gas
  • 3-minute walk to Founder's Park
  • Balcony

About This Home

As of December 2017

LOCATION, LOCATION, LOCATION - RIGHT ACROSS THE STREET FROM THE OCEAN! This adorable third floor condo offers a living room, kitchen, two bedrooms, one bathroom and a balcony that looks out at the ocean. This is a great condo in a small building with only four other units. Great opportunity to enjoy the Jersey Shore!

Last Agent to Sell the Property

William Troy

Keller Williams Shore Properties License #0568013 Listed on: 12/19/2016

Keller Williams Shore Properties

Last Buyer's Agent

Laura Massaro

RE/MAX Gateway License #1005437

RE/MAX Gateway

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,025

Year Built

  • Built in 1889

Lot Details

  • 305

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 524 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Waterfront
  • Upper Level

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: Nothing
  • Assessor Parcel Number 35-00107-0000-00011-0000-C5

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,025

Year Built

Built in 1889

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Ocean Grove
  • Architectural Style: Upper Level
  • Year Built: 1889
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exclusions: Nothing
  • Exterior Features: Balcony

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 Fee: 2160.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00107-0000-00011-0000-C5

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6025.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2016
Sold by
Sheriff Of Monmouth County
Bought by
The Bank Of New York Mellon
Current Estimated Value
$560,722
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
The Bank Of New York Mellon $400,277 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Karen L $150,000
Closed The Bank Of New York Mellon $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $250,000 -- $477 / 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 $8,831 $525,700 $267,800 $257,900
2024 $8,105 $513,700 $267,800 $245,900
2023 $8,105 $456,900 $261,300 $195,600
2022 $7,893 $423,900 $261,300 $162,600
2021 $6,052 $380,000 $122,300 $257,700
2020 $7,648 $366,800 $122,300 $244,500
2019 $6,052 $286,400 $96,600 $189,800
2018 $6,115 $286,400 $96,600 $189,800
2017 $6,246 $280,600 $90,800 $189,800
2016 $6,135 $275,100 $90,800 $184,300
2015 $6,025 $275,100 $90,800 $184,300
Source: Public Records

Agents Affiliated with this Home

  • William Troy

    Seller's Agent in 2017

    William Troy

    Keller Williams Shore Properties

    (732) 600-1570

    1 in this area

    51 Total Sales

    William Troy
    Section Image

  • L

    Buyer's Agent in 2017

    Laura Massaro

    RE/MAX

    (732) 803-6465

    5 in this area

    8 Total Sales

    Laura Massaro
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21646289

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00107-0000-00011-0000-C5

New Jersey Monmouth County Ocean Grove 07756

5 Ocean Ave Unit 5, Ocean Grove, NJ

This home is located at 5 Ocean Ave Unit 5, Ocean Grove, NJ 07756 since 19 December 2016 and is currently estimated at $560,722, approximately $1,070 per square foot. This property was built in 1889. 5 Ocean Ave Unit 5 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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