NOT LISTED FOR SALE

55 Melrose Terrace Unit 110 Long Branch, NJ 07740

Estimated Value: $540,000 - $610,000

1 Bed
1 Bath
821 Sq Ft
$462/mo HOA Fee

Last Sold December 12, 2023

Last sale price $500,000 $609 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,128/month

101 Days on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Balcony
  • In Ground Pool
  • Granite Countertops
  • Living Room

About This Home

As of December 2023

Enjoy the good life at Pier Village in this beautiful one bedroom condo!Open floor plan, beautiful floors, private balcony & numerous updates including stove, microwave & automatic blinds. This pristine unit is ideally located on the ground level with easy access to the amenities: fabulous inground pool & fitness center and just steps away from the boardwalk, restaurants, shopping & beaches!Complex is just minutes away from a top-rated hospital, Monmouth Park racetrack, train station and the GSP!

Last Agent to Sell the Property

Joan Penta McCoy

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #7940040 Listed on: 07/14/2023

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Kyle Golden

C21 Thomson & Co. License #1646836

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 2000

Lot Details

  • 1.58

HOA Fees

  • $462 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 821 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Paved Parking
  • Assigned Parking

Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 27-00225-03-00002-05-C0110

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, snow removal
  • High-Rise Condominium
  • Pier Village Subdivision
  • On-Site Maintenance

Recreation

  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,428

Year Built

Built in 2000

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, Fenced, In Ground
  • Reso Association Amenities: Professional Management, Association, Exercise Room, Pool, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Screens
  • Subdivision Name: Pier Village
  • Architectural Style: High Rise, One Level Unit
  • New Construction: No
  • Year Built: 2000
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Allowable Cats: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Included SelfCon Clean: Yes
  • Cooling Multi Units: Yes
  • Allowable One Dog: Yes
  • Style High Rise: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Balcony, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Assigned
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 461.62
  • 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 #: 27-00225-03-00002-05-C0110

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7428.0

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Dec 15, 2023
Sold by
Mcnamara Kaylen M
Bought by
Gelfand Kimberly
Seller's Agent
Joan Penta McCoy
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Kyle Golden
C21 Thomson & Co.
List Price
$559,900
Sold Price
$500,000
Premium/Discount to List
-$59,900
-10.7%
Views
163
Current Estimated Value
$568,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,817
Avg. Annual Appreciation
7.34%
Original Mortgage
$435,000
Outstanding Balance
$428,132
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$140,685

Purchase Details

Listed on
Jan 19, 2019
Closed on
Mar 21, 2019
Sold by
Paramount Properties Nj Llc
Bought by
Mcnamara Kaylen M
Seller's Agent
Justin Eberle
Coldwell Banker Realty
Buyer's Agent
Lori Merendino
VRI Homes
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2016
Closed on
Nov 21, 2016
Sold by
Caputo Joseph D
Bought by
Paramount Properties Nj L Lc
Seller's Agent
Mary Buck
Encore Real Estate
Buyer's Agent
Justin Eberle
Coldwell Banker Res. Brokerage
Sold Price
$297,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%
Interest Rate
3.94%

Purchase Details

Listed on
Jul 31, 2014
Closed on
Mar 6, 2015
Sold by
Casale Benedetto and Casale Christina
Bought by
Caputo Joseph D
Seller's Agent
Margaret Penta
Gloria Nilson & Co. Real Estate
Buyer's Agent
Margaret Penta
Preferred Properties Real Estate
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$213,750
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
55 Melrose Llc
Bought by
Casale Benedetto and Casale Christina
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gelfand Kimberly $500,000 Chicago Title
Gelfand Kimberly $500,000 Chicago Title
Mcnamara Kaylen M $430,000 Counsellors Title Agency Inc
Paramount Properties Nj L Lc $297,000 --
Caputo Joseph D $285,000 Coastal Title Agency Inc
Casale Benedetto $278,100 East Coast Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelfand Kimberly $435,000
Closed Gelfand Kimberly $435,000
Previous Owner Mcnamara Kaylen M $375,000
Previous Owner Paramount Properties Nj L Lc --
Previous Owner Caputo Joseph D $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2023 12/12/23 Sold $500,000 -5.5% $609 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
09/24/2023 09/24/23 Price Changed $529,000 -2.9% $644 / Sq Ft
08/18/2023 08/18/23 Price Changed $545,000 -2.7% $664 / Sq Ft
07/14/2023 07/14/23 For Sale $559,900 +30.2% $682 / Sq Ft
03/21/2019 03/21/19 Sold $430,000 +44.8% -- View Prior Sale
11/11/2016 11/11/16 Sold $297,000 +4.2% -- View Prior Sale
03/13/2015 03/13/15 Sold $285,000 -- -- 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 $7,656 $494,000 $388,800 $105,200
2024 $6,976 $498,100 $373,500 $124,600
2023 $6,976 $449,200 $333,000 $116,200
2022 $7,757 $414,300 $278,100 $136,200
2021 $7,757 $387,700 $260,000 $127,700
2020 $8,958 $428,600 $300,000 $128,600
2019 $7,233 $344,100 $220,000 $124,100
2018 $6,788 $321,100 $200,000 $121,100
2017 $6,630 $321,700 $200,000 $121,700
2016 $6,465 $319,900 $200,000 $119,900
2015 $6,267 $281,400 $160,000 $121,400
2014 $5,456 $258,200 $135,000 $123,200
Source: Public Records

Agents Affiliated with this Home

  • Joan Penta McCoy

    Seller's Agent in 2023

    Joan Penta McCoy

    BHHS Fox & Roach

    (732) 618-7369

    4 in this area

    53 Total Sales

    Joan Penta McCoy
    Section Image
  • Kyle Golden

    Buyer's Agent in 2023

    Kyle Golden

    C21 Thomson & Co.

    (201) 400-5427

    24 in this area

    115 Total Sales

    Kyle Golden
    Section Image

  • L

    Buyer's Agent in 2019

    Lori Merendino

    RE/MAX

  • M

    Seller's Agent in 2016

    Mary Buck

    Encore Real Estate

    Section Image
  • Justin Eberle

    Buyer's Agent in 2016

    Justin Eberle

    Coldwell Banker Realty

    (732) 559-1725

    3 in this area

    44 Total Sales

    Justin Eberle
    Section Image

  • M

    Seller's Agent in 2015

    Margaret Penta

    BHHS Fox & Roach

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22319219

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00225-03-00002-05-C0110

New Jersey Monmouth County Long Branch 07740

55 Melrose Terrace Unit 110, Long Branch, NJ

This home is located at 55 Melrose Terrace Unit 110, Long Branch, NJ 07740 since 14 July 2023 and is currently estimated at $568,817, approximately $692 per square foot. This property was built in 2000. 55 Melrose Terrace Unit 110 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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