NOT LISTED FOR SALE

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

Estimated Value: $1,295,000 - $1,345,000

2 Beds
2 Baths
1,472 Sq Ft
$820/mo HOA Fee

Last Sold November 07, 2019

Last sale price $800,000 $543 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,542/month

49 Days on Market

Highlights

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

About This Home

As of November 2019

Beautifully renovated condo on the SW corner of The Admiralty, one of the most desirable high rises in Monmouth Beach. Home boasts 2 spacious bedrooms, 2 gorgeous full baths, and offers breathtaking views of the ocean and New York City skyline. Features include spacious and open living area, kitchen with gorgeous granite countertops, custom cabinetry, stainless steel appliances, hardwood floors throughout, custom lighting, and decorative molding. Sliding doors off of the living room lead to an oversized wrap around deck to take in the expansive views and ocean breezes. Master suite includes spacious custom walk-in closet and bath with glass enclosed shower. The Admiralty offers a heated outdoor pool, tennis courts, 24-hour concierge, exercise room, direct beach access, locked basement storage, and more. Close to great restaurants, shopping, beaches, and also convenient for commuters by way of train, bus, or high speed ferry. Call today!

Last Agent to Sell the Property

Kerrin O'Brien

O'Brien Realty, LLC License #1007851 Listed on: 08/19/2019

Last Buyer's Agent

Kerrin O'Brien

Jersey Shore Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,298

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $820 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Visitor Parking

Pool

  • Concrete Pool
  • Outdoor Pool

Outdoor Features

Schools

  • Monmouth Beach Elementary And Middle School
  • Shore Reg High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Boiler Heating System

Listing and Financial Details

  • Exclusions: Wall mounted tv in bedroom
  • Assessor Parcel Number 34-00048-0000-00005-12

Community Details

Overview

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

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Community Beach Access
  • Beach
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,298

Year Built

Built in 1981

Lot Details

0

HOA Fees

$820 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Concrete, Heated
  • Reso Association Amenities: Tennis Court, Professional Management, Beach, Association, Exercise Room, Community Room, Pool, Clubhouse, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Mgmt Fees, Pool, Rec Facility, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Washer, Window Treatments, Dryer, Light Fixtures, Refrigerator
  • Subdivision Name: The Admiralty
  • Architectural Style: High Rise, Condo
  • Reso Interior Features: Balcony, Built-Ins, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 1981
  • General Property Info Waterview: Yes
  • 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
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Fee Includes Rec Facility: Yes
  • Location Middle School: Monmouth Beach
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Water Heater Off Boiler: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • Parking Visitor: Yes
  • Pool Concrete2: Yes
  • Foyer Dec Molding2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: Wall mounted tv in bedroom
  • Exterior Features: Balcony, Swimming, Tennis Court(s)
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 820.0
  • Association Fee Frequency: Monthly
  • Association: 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

  • Parcel #: 34-00048-0000-00005-12

MLS Schools

  • Elementary School: Monmouth Beach
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Nov 8, 2019
Sold by
Marxen Horst and Marxen Ingrid
Bought by
Fumoso Julio and Fumoso Jennifer
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Kerrin O'Brien
Jersey Shore Associates
Sold Price
$800,000
Current Estimated Value
$1,315,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,583
Avg. Annual Appreciation
8.55%
Original Mortgage
$500,000
Outstanding Balance
$438,990
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$876,593

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jul 15, 2016
Sold by
Carson Sheila E
Bought by
Marxen Horst
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Kenneth Walker
Gloria Nilson & Co. Real Estate
Sold Price
$692,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Feb 28, 2013
Closed on
Dec 19, 2014
Sold by
Eichler Dennis and Eichler Carol
Bought by
Carson Sheila E
Seller's Agent
Michael Powers
RE/MAX Elite
Buyer's Agent
Kerrin O'Brien
Jersey Shore Associates
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.67%
Original Mortgage
$364,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 1993
Sold by
Nanista Joseph
Bought by
Eichler Dennis and Eichler Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fumoso Julio $800,000 Stewart Title Insurance Co
Marxen Horst $692,500 Fidelity National Title
Carson Sheila E $455,000 Multiple
Eichler Dennis $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fumoso Julio $500,000
Previous Owner Carson Sheila E $364,000
Previous Owner Eichler Dennis $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2019 11/07/19 Sold $800,000 +15.5% $543 / Sq Ft
07/15/2016 07/15/16 Sold $692,500 +52.2% $470 / Sq Ft View Prior Sale
12/19/2014 12/19/14 Sold $455,000 -- $309 / 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 $9,298 $1,029,800 $651,900 $377,900
2024 $9,298 $928,800 $577,700 $351,100
2023 $9,298 $902,700 $593,600 $309,100
2022 $9,555 $890,900 $593,600 $297,300
2021 $9,555 $794,100 $503,500 $290,600
2020 $9,674 $789,100 $503,500 $285,600
2019 $8,758 $728,600 $240,400 $488,200
2018 $7,145 $581,400 $191,900 $389,500
2017 $6,813 $537,300 $177,300 $360,000
2016 $6,622 $500,500 $165,200 $335,300
2015 $6,198 $493,100 $162,700 $330,400
2014 $6,219 $478,400 $157,900 $320,500
Source: Public Records

Agents Affiliated with this Home

  • Kerrin O'Brien

    Seller's Agent in 2019

    Kerrin O'Brien

    O'Brien Realty, LLC

    (732) 320-6999

    59 in this area

    204 Total Sales

    Kerrin O'Brien
    Section Image

  • K

    Buyer's Agent in 2016

    Kenneth Walker

    BHHS Fox & Roach

    Section Image
  • Michael Powers

    Seller's Agent in 2014

    Michael Powers

    RE/MAX

    (732) 870-1212

    1 Total Sale

    Michael Powers
    Section Image
See All Agents

About The Admirality Condominium

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21934210

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-0000-00005-12

New Jersey Monmouth County Monmouth Beach 07750

55 Ocean Ave Unit 5M, Monmouth Beach, NJ

Not Listed for Sale

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.

Nearby Homes