NOT LISTED FOR SALE

55 Melrose Terrace Unit 108 Long Branch, NJ 07740

Estimated Value: $681,724 - $819,000

2 Beds
2 Baths
1,207 Sq Ft
$659/mo HOA Fee

Last Sold September 30, 2021

Last sale price $537,000 $445 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,404/month

46 Days on Market

Highlights

  • Fitness Center
  • 2.32 Acre Lot
  • Home Gym
  • In Ground Pool
  • Granite Countertops
  • Ceiling height of 9 feet on the main level

About This Home

As of September 2021

This home is located at 55 Melrose Terrace Unit 108, Long Branch, NJ 07740 since 23 July 2021 and is currently estimated at $735,431, approximately $609 per square foot. This property was built in 2000. 55 Melrose Terrace Unit 108 is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

Last Agent to Sell the Property

Pamela Carolan

Coldwell Banker Realty License #1969424 Listed on: 07/23/2021

Coldwell Banker Realty

Last Buyer's Agent

Eric Bosniak

Coldwell Banker Realty License #0902924

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,709

Year Built

  • Built in 2000

Lot Details

  • 2.32

HOA Fees

  • $659 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Home Gym
  • Home Security System

Kitchen

  • Breakfast Bar
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Location

  • Lower Level

Schools

  • Long Branch Middle School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00225-03-00002-05-C0108

Community Details

Overview

  • Association fees include common area, exterior maint, mgmt fees, pool
  • Pier Village Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,709

Year Built

Built in 2000

Lot Details

0

HOA Fees

$659 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: In Ground
  • Reso Association Amenities: Professional Management, Extra Storage, Association, Exercise Room, Pool, Common Area
  • Reso Association Fee Includes: Common Area, Exterior Maint, Mgmt Fees, Pool
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Pier Village
  • Architectural Style: Lower Level, One Level Unit, Condo
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Elevator, Fitness, Security System, Breakfast Bar, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 2000
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 2.32
  • Location Middle School: Long Branch
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Breakfast Cntr: Yes
  • Allowable One Dog: Yes
  • Included Counter Top Range: Yes
  • Interior Fitness: Yes
  • Style Lower Level: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 2.32
  • Waterfront: No
  • Exterior Features: Patio
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Common, Covered, Off Street, Underground
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 658.88
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 101059.2
  • Parcel #: 27-00225-03-00002-05-C0108
  • Zoning Description: Residential, Mixed

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10709.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 27, 2021
Sold by
Choi Hung Michael and Choi Staci Y
Bought by
Brady Dan Joseph and Brady Jill Ann
Seller's Agent
Pamela Carolan
Coldwell Banker Realty
Buyer's Agent
Eric Bosniak
Coldwell Banker Realty
List Price
$565,000
Sold Price
$537,000
Premium/Discount to List
-$28,000
-4.96%
Current Estimated Value
$735,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,431
Avg. Annual Appreciation
8.14%
Original Mortgage
$268,500
Outstanding Balance
$244,847
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$490,584

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 21, 2021
Sold by
Choi Hung Michael and Choi Staci Y
Bought by
Brady Dan Joseph and Brady Jill Ann
Seller's Agent
Pamela Carolan
Coldwell Banker Realty
Buyer's Agent
Eric Bosniak
Coldwell Banker Realty
List Price
$565,000
Sold Price
$537,000
Premium/Discount to List
-$28,000
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Outstanding Balance
$244,847
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$490,584

Purchase Details

Closed on
Mar 4, 2014
Sold by
55 Melrose Llc
Bought by
Goldman Ian M and Goldman Erikca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,850
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brady Dan Joseph $537,000 All Ahead Title Agency
Brady Dan Joseph $537,000 All Ahead Title
Goldman Ian M $383,000 Agent For Chicago Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Dan Joseph $268,500
Closed Brady Dan Joseph $268,500
Previous Owner Goldman Ian M $363,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $537,000 -2.2% $445 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $549,000 -2.8% $455 / Sq Ft
07/23/2021 07/23/21 For Sale $565,000 +18.9% $468 / Sq Ft
07/13/2017 07/13/17 Sold $475,000 -- $394 / Sq Ft View Prior Sale
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 $9,975 $676,600 $432,000 $244,600
2024 $9,214 $649,000 $415,000 $234,000
2023 $9,214 $593,300 $370,000 $223,300
2022 $9,429 $541,200 $309,000 $232,200
2021 $9,429 $471,200 $260,000 $211,200
2020 $10,709 $512,400 $300,000 $212,400
2019 $9,793 $465,900 $295,000 $170,900
2018 $9,338 $441,700 $275,000 $166,700
2017 $9,120 $442,500 $275,000 $167,500
2016 $8,894 $440,100 $275,000 $165,100
2015 $9,289 $417,100 $250,000 $167,100
2014 $7,524 $356,100 $175,000 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Pamela Carolan

    Seller's Agent in 2021

    Pamela Carolan

    Coldwell Banker Realty

    (201) 421-8084

    1 in this area

    14 Total Sales

    Pamela Carolan
    Section Image
  • Eric Bosniak

    Buyer's Agent in 2021

    Eric Bosniak

    Coldwell Banker Realty

    (732) 245-0340

    9 in this area

    155 Total Sales

    Eric Bosniak
    Section Image

  • C

    Seller's Agent in 2017

    Colleen McGowan

    Resources Real Estate

    (732) 859-5448

    2 in this area

    35 Total Sales

    Colleen McGowan
    Section Image

  • P

    Buyer's Agent in 2017

    Patricia Caruso

    Weichert Realtors-Rumson

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22124230

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00225-03-00002-05-C0108

New Jersey Monmouth County Long Branch 07740

55 Melrose Terrace Unit 108, Long Branch, NJ

This home is located at 55 Melrose Terrace Unit 108, Long Branch, NJ 07740 since 23 July 2021 and is currently estimated at $735,431, approximately $609 per square foot. This property was built in 2000. 55 Melrose Terrace Unit 108 is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity 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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