NOT LISTED FOR SALE

The Admirality Condominium 55 Ocean Ave Unit 5E Monmouth Beach, NJ 07750

Estimated Value: $843,535 - $1,033,000

1 Bed
2 Baths
1,177 Sq Ft
$551/mo HOA Fee

Last Sold June 14, 2016

Last sale price $472,500 $401 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,166/month

37 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Fitness Center
  • Monmouth Beach School District Rated A
  • Ocean View
  • Concrete Pool

About This Home

As of June 2016

MILLION DOLLAR OCEAN VIEWS AT A PRICE YOU CAN AFFORD! This amazing Oceanfront Condo located on the desirable ''E'' line at The Admiralty boasts a huge master bedroom, 2 Full baths, den and beautifully renovated kitchen. (Den currently used as a second bedroom.) Giant living/dining room features ceiling fans and beautifully upgraded tile floor. Take in 180-degree beach and ocean views from the private covered balcony. Newer HVAC throughout unit. In-unit laundry included. The Admiralty offers a heated outdoor pool, tennis courts, 24-hour concierge, exercise room, direct beach access, locked basement storage and more. Garage space included.

Last Agent to Sell the Property

Kerrin O'Brien

O'Brien Realty, LLC License #1007851 Listed on: 03/24/2016

Last Buyer's Agent

Claude Ranieri

American Realty Associates License #8641368

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,853

Year Built

  • Built in 1982

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $551 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking
  • Off-Street Parking

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room
  • Den
  • Home Gym
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Deck
  • Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Monmouth Beach Elementary And Middle School

Utilities

  • Zoned Heating and Cooling
  • Boiler Heating System

Listing and Financial Details

  • Exclusions: Furnishings and Personal Items
  • Assessor Parcel Number 34-00048-0000-00005-05

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, fire/liab, lawn maintenance, mgmt fees, pool, rec facility, sewer, snow removal, water
  • High-Rise Condominium
  • The Admiralty Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Beach
  • Community Spa
  • Snow Removal

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,853

Year Built

Built in 1982

Lot Details

0

HOA Fees

$551 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: E
  • ResoLotFeatures: Beachfront, Oceanfront, Oceanside
  • ResoPoolFeatures: Common, Concrete, Heated, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Beach, Association, Exercise Room, Community Room, Deck, Common Access, Swimming, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Sewer, Snow Removal, Water
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Gas Cooking, Hot Tub, Intercom
  • Subdivision Name: The Admiralty
  • Architectural Style: High Rise, Condo
  • Reso Flooring: Ceramic Tile, W/W Carpet
  • Reso Interior Features: Balcony, Den, Elevator, Fitness, Sliding Door
  • New Construction: No
  • Year Built: 1982
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • 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
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: 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
  • Fee Includes Rec Facility: Yes
  • General Property Info Lot Dimensions: 602 x 300
  • Location Middle School: Monmouth Beach
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • ExteriorDeck: Yes
  • Water Heater Off Boiler: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Eat-In: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Hot Tub2: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Hot Tub4: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Living Room Floor - Ceramic2: Yes
  • Included Intercom: Yes
  • Pool Concrete2: Yes
  • Allowable Elevator4: Yes
  • Interior Fitness: Yes
  • Water Type Beachfront: Yes
  • Common Elements Deck2: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • BasementOther: Yes
  • Other Rooms:Den2: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exclusions: Furnishings and Personal Items
  • Exterior Features: Balcony, Controlled Access, Deck, Hot Tub, Outdoor Shower, Patio, Storage, Swimming, Terrace, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, Paved, Assigned, Covered, Off Street, Underground
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes
  • Parking:Paved: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other, 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: 551.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Dimensions: 602 x 300
  • Parcel #: 34-00048-0000-00005-05
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Monmouth Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jul 5, 2016
Sold by
Leo H Bressman
Bought by
Caputo Anthony and Caputo Lucia
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Claude Ranieri
American Realty Associates
Sold Price
$472,500
Current Estimated Value
$927,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,884
Avg. Annual Appreciation
7.60%
Original Mortgage
$347,500
Outstanding Balance
$277,265
Interest Rate
3.48%
Estimated Equity
$650,119

Purchase Details

Closed on
Jun 29, 2007
Sold by
Janoff Marjorie S
Bought by
Bressman Leo H and Bressman Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1998
Sold by
Anderson James
Bought by
Janoff Marjorie
Source: Public Records

Range of Values:

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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
Caputo Anthony -- --
Bressman Leo H $585,000 Chicago Title Insurance Co
Janoff Marjorie $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caputo Anthony $347,500
Closed Caputo Anthony --
Previous Owner Bressman Leo H $372,800
Previous Owner Bressman Leo H $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $472,500 -- $401 / 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 $6,853 $751,700 $448,200 $303,500
2024 $6,853 $729,200 $447,200 $282,000
2023 $6,853 $665,300 $417,100 $248,200
2022 $7,060 $600,000 $361,200 $238,800
2021 $7,060 $555,900 $322,500 $233,400
2020 $7,078 $577,300 $322,500 $254,800
2019 $6,367 $529,700 $174,800 $354,900
2018 $7,305 $594,400 $196,200 $398,200
2017 $5,970 $470,800 $155,400 $315,400
2016 $5,684 $429,600 $141,800 $287,800
2015 $5,326 $423,700 $139,800 $283,900
2014 $5,508 $423,700 $139,800 $283,900
Source: Public Records

Agents Affiliated with this Home

  • Kerrin O'Brien

    Seller's Agent in 2016

    Kerrin O'Brien

    O'Brien Realty, LLC

    (732) 320-6999

    63 in this area

    215 Total Sales

    Kerrin O'Brien
    Section Image
  • Claude Ranieri

    Buyer's Agent in 2016

    Claude Ranieri

    American Realty Associates

    (732) 740-8022

    18 Total Sales

    Claude Ranieri
    Section Image
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About The Admirality Condominium

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21611276

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-0000-00005-05

New Jersey Monmouth County Monmouth Beach 07750

55 Ocean Ave Unit 5E, Monmouth Beach, NJ

This home is located at 55 Ocean Ave Unit 5E, Monmouth Beach, NJ 07750 since 24 March 2016 and is currently estimated at $927,384, approximately $787 per square foot. This property was built in 1982. 55 Ocean Ave Unit 5E is a home located in Monmouth County with nearby schools including Monmouth Beach School District, Shore Regional High School, and Holy Cross 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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