NOT LISTED FOR SALE

525 Ocean Blvd Unit 101 Long Branch, NJ 07740

Estimated Value: $797,000 - $1,040,000

2 Beds
2 Baths
1,706 Sq Ft
$614/mo HOA Fee

Last Sold June 29, 2017

Last sale price $485,000 $284 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,237/month

93 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Oceanside
  • Ocean View
  • Concrete Pool
  • 4-minute walk to West End Park

About This Home

As of June 2017

OPPORTUNITIES LIKE THIS DON'T COME ALONG EVERY DAY. Don't miss the renovated and spotless condo in one of best buildings on the beachfront. The current owners have pretty much redone this apartment, with a renovated kitchen and baths, wood flooring, new appliances, replaced the heat/AC, making this a home you can enjoy without lifting a finger. NOT FAMILIAR WITH OCEAN PLAZA? NOW IS
THE TIME TO DISCOVER ONE OF THE BEST VALUES ON THE BEACHFRONT. Located right on the boardwalk in West End, with beach access right behind the complex, Ocean Plaza features restricted access for secure living, a heated pool overlooking the ocean, a club room, a fitness room, 6 beach passes for each apartment and is one of the few buildings that's handicapped accessible and on site management.

Last Agent to Sell the Property

Richard Nagel

RE/MAX Elite License #7937272 Listed on: 02/01/2017

RE/MAX Elite

Last Buyer's Agent

Diane Kaplan

Better Homes Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,343

Year Built

  • Built in 1991

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $614 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • On-Street Parking
  • Visitor Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Thermal Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible
  • Accessible Doors
  • Accessible Approach with Ramp
  • Hand Rail

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Terrace
  • Exterior Lighting

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00137-0000-00004-101

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool, snow removal
  • 62 Units
  • High-Rise Condominium
  • Ocean Plaza Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,343

Year Built

Built in 1991

Lot Details

0

HOA Fees

$614 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanfront, Oceanside
  • ResoPoolFeatures: Common, Concrete, Fenced, Heated, In Ground
  • Reso Association Amenities: Professional Management, Extra Storage, Controlled Access, Association, Exercise Room, Community Room, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Timer Thermostat, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Plaza
  • Reso Accessibility Features: Wheelchair Access, Accessible Approach with Ramp, Support Rails, Accessible Doors
  • Architectural Style: High Rise, One Level Unit
  • Reso Interior Features: Security System, Sliding Door
  • New Construction: No
  • Year Built: 1991
  • Contract Info List PriceSqFt: 292.5
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Pool Common2: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Controlled Access: Yes
  • Exterior Terrace: Yes
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Allowable Cats: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Common Elements Landscaping: Yes
  • Pool Fenced: Yes
  • Included SelfCon Clean: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Special Needs Wheelchair Access: Yes
  • Living Room Sliding Door2: Yes
  • Exterior Security System3: Yes
  • General Property Info # UnitsBldgs: 62.0
  • Parking Visitor: Yes
  • Pool Concrete2: Yes
  • Water Type Beachfront: Yes
  • Siding Stucco - Synthetic: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Flat
  • Topography: Level
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Construction Type: Synthetic Stucco
  • Exterior Features: Controlled Access, Outdoor Shower, Security System, Terrace, Thermal Window, Lighting
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Open, Asphalt, Common, Off Street, On Street, Underground, Visitor
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking:On Street: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 614.0
  • 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: Long Branch

Lot Info

  • Parcel #: 27-00137-0000-00004-101
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8343.0

Multi Family

  • Number Of Units Total: 62

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jul 12, 2017
Sold by
Schaefer Cynthia L and Schaefer Kenneth P
Bought by
Pecorino Julia B
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
Diane Kaplan
Better Homes Realty
Sold Price
$485,000
Current Estimated Value
$898,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,424
Avg. Annual Appreciation
7.54%
Interest Rate
3.96%

Purchase Details

Closed on
May 3, 2006
Sold by
Fiore Antonio
Bought by
Schaefer Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1998
Sold by
Blankley Harold
Bought by
Fiore Antonio and Fiore Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pecorino Julia B $485,000 --
Schaefer Kenneth P $425,000 --
Fiore Antonio $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pecorino Julia B --
Previous Owner Schaefer Kenneth P $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $485,000 -- $284 / 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 $10,822 $777,100 $548,000 $229,100
2024 $10,703 $704,100 $485,000 $219,100
2023 $10,703 $689,200 $480,000 $209,200
2022 $9,368 $614,300 $430,000 $184,300
2021 $9,368 $517,300 $345,000 $172,300
2020 $10,686 $511,300 $340,000 $171,300
2019 $10,266 $488,400 $325,000 $163,400
2018 $10,198 $482,400 $325,000 $157,400
2017 $8,596 $417,100 $250,000 $167,100
2016 $8,343 $412,800 $250,000 $162,800
2015 $8,080 $362,800 $200,000 $162,800
2014 $7,571 $358,300 $118,200 $240,100
Source: Public Records

Agents Affiliated with this Home

  • Richard Nagel

    Seller's Agent in 2017

    Richard Nagel

    RE/MAX

    (908) 433-9012

    36 in this area

    144 Total Sales

    Richard Nagel
    Section Image

  • D

    Buyer's Agent in 2017

    Diane Kaplan

    Better Homes Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21703754

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00137-0000-00004-101

New Jersey Monmouth County Long Branch 07740

525 Ocean Blvd Unit 101, Long Branch, NJ

Not Listed for Sale

Condos

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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