NOT LISTED FOR SALE

The Admirality Condominium 55 Ocean Ave Unit 7K Monmouth Beach, NJ 07750

Estimated Value: $889,000 - $1,124,000

2 Beds
2 Baths
1,400 Sq Ft
$720/mo HOA Fee

Last Sold November 19, 2021

Last sale price $734,500 $525 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,534/month

81 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • 4.15 Acre Lot
  • Monmouth Beach School District Rated A
  • Outdoor Pool
  • Deck

About This Home

As of November 2021

Beautifully and Tastefully renovated Condo in the Prestigious and desirable Admiralty high rise Condo.
Enjoy the spectacular Sunsets from the terrace of this 2 bedroom 2 full bath unit. Meticulously maintained, this apartment boasts newer kitchen with marble counter tops, stainless steel appliances,, custom lighting, hardwood flooring throughout. Beautiful Electric Fireplace /Heater. Plenty of designer closets. Relax on the private balcony and enjoy the breeze and River views.
Th Admiralty's many amenities include an in ground heated pool,Tennis courts, Gym, card room, Library, with kitchen and bar. Private secure underground parking, direct beach access, locked basement storage, sauna and locker room. Memorial day to Labor day beach chair and umbrella service. 24 Hour concierge . Move in Ready, Just Unpack

Last Agent to Sell the Property

John Castaldo

Weichert Realtors-Manalapan License #1220887 Listed on: 08/13/2021

Weichert Realtors-Manalapan

Co-Listed By

Anthony Castaldo

Weichert Realtors-Manalapan License #1643540

Last Buyer's Agent

Patricia Holsey

Better Homes Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,886

Year Built

  • Built in 1982

Lot Details

  • 4.15

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Electric Fireplace
  • Blinds
  • Sliding Doors
  • Fireplace in Basement

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck

Schools

  • Monmouth Beach Elementary And Middle School

Additional Features

  • Ocean Front
  • Zoned Heating and Cooling

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 34-00048-0000-00007-10

Community Details

Overview

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

Amenities

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

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,886

Year Built

Built in 1982

Lot Details

0

HOA Fees

$720 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oceanfront
  • Reso Association Amenities: Tennis Court, Exercise Room, Community Room, Deck, Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Sewer, Snow Removal, Water, Gas
  • Co List Office Mls Id: 171
  • Co List Office Phone: 732-536-4400
  • Inclusions: AC Units, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Stove, Stove Hood, Refrigerator
  • Subdivision Name: The Admiralty
  • Architectural Style: High Rise
  • Reso Interior Features: Elevator, Sliding Door, Recessed Lighting
  • Year Built: 1982
  • Contract Info List PriceSqFt: 556.43
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Living Room Floor - Engineered: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Floor - Engineered3: Yes
  • Exterior Balcony2: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 4.15
  • General Property Info Lot Dimensions: 602 x 300
  • Location Middle School: Monmouth Beach
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Common Elements Tennis Court: Yes
  • Basement Sliding Glass Door: Yes
  • Living Room Fireplace - Electric4: Yes
  • Common Elements Deck2: Yes
  • Basement Fireplace - Electric8: Yes
  • Style High Rise: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Sliding Glass Door
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 4.15
  • Waterfront: Yes
  • Exclusions: Personal Belongings
  • Exterior Features: Balcony

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Underground
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 720.0
  • 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
  • Lot Size Sq Ft: 180774.0
  • Parcel #: 34-00048-0000-00007-10
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5886.0

MLS Schools

  • Elementary School: Monmouth Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 17, 2021
Sold by
Battaglia Joyce
Bought by
Caruso Anthony and Caruso Judith
Seller's Agent
John Castaldo
Weichert Realtors-Manalapan
Buyer's Agent
Patricia Holsey
Better Homes Realty
List Price
$779,000
Sold Price
$734,500
Premium/Discount to List
-$44,500
-5.71%
Current Estimated Value
$995,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,969
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Korey Ruth K
Bought by
Battaglia Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1999
Sold by
Herbert Korey
Bought by
Cozzoli Martha and Korey Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caruso Anthony $734,500 Insight Title Services Llc
Battaglia Joyce $350,000 Old Republic Title Insurance
Cozzoli Martha $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Battaglia Joyce $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $734,500 -5.7% $525 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $779,000 -2.5% $556 / Sq Ft
08/13/2021 08/13/21 Price Changed $799,000 +2.6% $571 / Sq Ft
08/13/2021 08/13/21 For Sale $779,000 -- $556 / 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 $6,680 $833,200 $403,200 $430,000
2024 $6,680 $707,500 $308,000 $399,500
2023 $6,680 $648,500 $296,800 $351,700
2022 $6,154 $552,200 $285,600 $266,600
2021 $6,154 $484,600 $224,000 $260,600
2020 $5,886 $480,100 $224,000 $256,100
2019 $5,455 $453,800 $149,800 $304,000
2018 $5,260 $428,000 $141,200 $286,800
2017 $5,657 $446,100 $147,200 $298,900
2016 $4,789 $362,000 $119,500 $242,500
2015 $4,550 $362,000 $119,500 $242,500
2014 $5,463 $420,200 $138,700 $281,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Castaldo

    Weichert Realtors-Manalapan

    (908) 770-7588

    2 in this area

    13 Total Sales

    John Castaldo
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Anthony Castaldo

    Weichert Realtors-Manalapan

  • P

    Buyer's Agent in 2021

    Patricia Holsey

    Better Homes Realty

  • P

    Buyer's Agent in 2021

    Patricia Norkus

    Real Broker, LLC- Red Bank

    (732) 567-6867

    2 in this area

    21 Total Sales

    Patricia Norkus
    Section Image
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About The Admirality Condominium

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126799

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-0000-00007-10

New Jersey Monmouth County Monmouth Beach 07750

55 Ocean Ave Unit 7K, 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.

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