$925,000
SOLD JUN 9, 2025

55 Melrose Terrace Unit 306 Long Branch, NJ 07740

3 Beds
2 Baths
1,744 Sq Ft
$1,038/mo HOA Fee

Recently Sold

$530 Per Sq Ft

105 Days on Market

Highlights

  • Water Views
  • 3.16 Acre Lot
  • End Unit
  • Outdoor Pool
  • Bonus Room
  • Quartz Countertops

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

  • Condominium

Est. Annual Taxes

  • $13,781

Year Built

  • Built in 2000

Lot Details

  • End Unit

HOA Fees

  • $1,038 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slate Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Door Entry
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Home Gym
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

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

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Outdoor Storage

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Pier Village Subdivision

Listing and Financial Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,781

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,038 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso View: Waterview
  • Subdivision Name: Pier Village
  • Reso Interior Features: Exercise Room, Balcony, Bonus Room, Elevator, Handicap Eqp, Eat-in Kitchen, Recessed Lighting
  • Property Attached Yn: Yes
  • Year Built: 2000
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 3.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Swimming: Yes
  • Garage Underground Garage: Yes
  • General Property Info Acreage: 3.16
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen Eat-In: Yes
  • Style End Unit: Yes
  • Interior Bonus Room: Yes
  • Foyer Double Door Entry: Yes
  • Interior Fitness: Yes
  • RoofSlate: Yes
  • Interior Handicap Eqp: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • BasementOther: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Slate
  • Acres: 3.16
  • Waterfront: No
  • Common Walls: End Unit
  • Exterior Features: Storage, Swimming

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Underground Garage
  • Total Parking Spaces: 3.0
  • 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

Condo/Co-op/Association

  • Association Fee: 1038.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13781.0

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
13.65%

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
6.32%
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22503456

MOREMLS (Monmouth Ocean Regional REALTORS®)

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