$925,000
SOLD APR 3, 2025

55 Melrose Terrace Unit 306 Long Branch, NJ 07740

3 Beds
2 Baths
1,744 Sq Ft
3.16 Acres

Recently Sold

$530 Per Sq Ft

6% Below List Price

55 Days on Market

Highlights

  • Water Views
  • 3.16 Acre Lot
  • Forced Air Zoned Heating and Cooling System
  • Outdoor Pool
  • Handicap Accessible
  • 2 Car Garage

About This Home

As of April 2025

Stunning Condo in 55 Melrose in Pier Village. You have 3 deeded parking spaces! This sleek and modern apartment features 3 bedrooms and a bonus den!! Come and enjoy this open concept living with an updated kitchen and appliances! Located in Pier Village, 55 Melrose is a short walk to stores, boardwalk, and the beach. Amenities include restricted building access, a community pool, and a fitness center. Enjoy a your mornings or evenings on the balcony with an amazing ocean view! Schedule you showing today!

Last Agent to Sell the Property

Claudia Roesing

Corcoran Infinity Properties License #2081003 Listed on: 02/07/2025

Last Buyer's Agent

Claudia Roesing

Corcoran Infinity Properties License #2081003 Listed on: 02/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,781

Year Built

  • Built in 2000

Parking

  • 2 Car Garage

Interior Spaces

  • 1,744 Sq Ft Home
  • Water Views
  • Basement Storage

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Additional Features

  • Handicap Accessible
  • Outdoor Pool
  • 3.16 Acre Lot

Community Details

  • 40 Units
  • Pier Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-00225-03-00002-05-C0306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,781

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Reso View: Waterview
  • Subdivision Name: Pier Village
  • New Construction: No
  • Year Built: 2000
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 1 Gas Stove: Yes
  • Basement Tenant Storage: Yes
  • Unit 1 Water Meter3: Yes
  • Special Features: None

Interior Features

  • Basement: Tenant Storage
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 3.16
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 137649.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00225-03-00002-05-C0306

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13781.0
  • Tax Other Annual Assessment Amount: 896600.0

Multi Family

  • Number Of Units Total: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 18, 2025
Sold by
Susser Jack and Susser Bonnie
Bought by
Meleis Family Trust
Seller's Agent
Claudia Roesing
Corcoran Infinity Properties
Buyer's Agent
Claudia Roesing
Corcoran Infinity Properties
List Price
$979,999
Sold Price
$925,000
Premium/Discount to List
-$54,999
-5.61%
Views
79
Current Estimated Value
$952,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,157
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Jul 22, 2024
Sold by
55 Melrose Condominium Association Inc
Bought by
55 M Condominium

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 11, 2021
Sold by
Yu Tiffany and Nguyen David
Bought by
Susser Jack and Susser Bonnie
Seller's Agent
Richard Nagel
RE/MAX Elite
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$749,168
Sold Price
$749,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2014
Sold by
55 Melrose Llc
Bought by
Yu Tiffany and Nguyen David
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $925,000 North Star Title
Deed $925,000 North Star Title
Deed -- None Listed On Document
Bargain Sale Deed $749,168 Town Title Agency Llc
Condominium Deed $649,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Pending -- -- --
04/03/2025 04/03/25 Sold $925,000 -5.6% $530 / Sq Ft
02/07/2025 02/07/25 For Sale $979,999 +30.8% $562 / Sq Ft
06/17/2021 06/17/21 Sold $749,168 0.0% $430 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $749,168 -- $430 / 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
2024 $12,972 $896,600 $415,000 $481,600
2023 $12,972 $835,300 $370,000 $465,300
2022 $12,504 $733,500 $309,000 $424,500
2021 $12,504 $624,900 $260,000 $364,900
2020 $13,932 $666,600 $300,000 $366,600
2019 $13,787 $655,900 $420,000 $235,900
2018 $13,743 $650,100 $420,000 $230,100
2017 $13,421 $651,200 $420,000 $231,200
2016 $13,702 $678,000 $450,000 $228,000
2015 $13,487 $605,600 $375,000 $230,600
2014 $13,134 $621,600 $360,000 $261,600
Source: Public Records

Agents Affiliated with this Home

  • Claudia Roesing

    Seller's Agent in 2025

    Claudia Roesing

    Corcoran Infinity Properties

    (201) 803-1778

    1 in this area

    2 Total Sales

    Section Image
  • Richard Nagel

    Seller's Agent in 2021

    Richard Nagel

    RE/MAX

    (732) 820-1425

    26 in this area

    159 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22503428

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00225-03-00002-05-C0306

New Jersey Monmouth County Long Branch 07740

55 Melrose Terrace Unit 306, Long Branch, NJ

This home is located at 55 Melrose Terrace Unit 306, Long Branch, NJ 07740 and is currently priced at $925,000, approximately $530 per square foot. This property was built in 2000. 55 Melrose Terrace Unit 306 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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