NOT LISTED FOR SALE

The Admirality Condominium 55 Ocean Ave Unit 8H Monmouth Beach, NJ 07750

Estimated Value: $881,565 - $999,000

2 Beds
2 Baths
1,267 Sq Ft
$650/mo HOA Fee

Last Sold May 07, 2019

Last sale price $525,000 $414 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,102/month

34 Days on Market

Highlights

  • Water Views
  • Basketball Court
  • Home Gym
  • Monmouth Beach School District Rated A
  • Outdoor Pool
  • Balcony

About This Home

As of May 2019

SPRING IS RIGHT AROUND THE CORNER , 2 Bedroom condo right on the beach. Featuring an open floor plan with a updated kitchen and baths, and views of the ocean and inland from the 8th floor.
Amenities include underground garage parking, 24 hour concierge, seasonal beach attendants and more. Close to restaurants, shopping, Pier Village, and high speed commuter ferry to NYC .

Last Agent to Sell the Property

Samir Shehata

Samir Realty License #9592753 Listed on: 02/12/2019

Last Buyer's Agent

Jill Stewart

Realty Executives Exceptional License #0345108

Realty Executives Exceptional

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1982

Lot Details

  • 4.15

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Home Gym

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Outdoor Pool
  • Basketball Court
  • Exterior Lighting

Schools

  • Monmouth Beach Elementary And Middle School

Utilities

  • Zoned Cooling
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 34-00048-0000-00008-08

Community Details

Overview

  • High-Rise Condominium
  • The Admiralty Subdivision

Recreation

  • Recreational Area

Security

  • Controlled Access
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,248

Year Built

Built in 1982

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: The Admiralty
  • Architectural Style: High Rise
  • Reso Interior Features: Elevator, Fitness
  • Property Attached Yn: Yes
  • Year Built: 1982
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Lot Dimensions: 602 x 300
  • Location Middle School: Monmouth Beach
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Exterior Handicap Acc: Yes
  • Exterior Rec Area: Yes
  • Interior Fitness: Yes
  • Exterior Basketball Court2: Yes
  • Style High Rise: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Features: Balcony, Basketball Court, Controlled Access, Rec Area, Storm Window, Swimming, Lighting
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 650.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Dimensions: 602 x 300
  • Parcel #: 34-00048-0000-00008-08

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5248.0

MLS Schools

  • Elementary School: Monmouth Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Apr 18, 2019
Sold by
55 Ocean Avenue 8H Llc
Bought by
Denaro Arthur and Denaro Amella
Seller's Agent
Samir Shehata
Samir Realty
Buyer's Agent
Jill Stewart
Realty Executives Exceptional
Sold Price
$525,000
Current Estimated Value
$924,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,188
Avg. Annual Appreciation
9.02%
Original Mortgage
$375,000
Outstanding Balance
$285,416
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$638,772

Purchase Details

Closed on
Feb 6, 2018
Sold by
U S Bank Na
Bought by
55 Ocean Avenue 8H Llc

Purchase Details

Closed on
Dec 15, 2017
Sold by
Monmouth County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 23, 1998
Sold by
Ferdinand Gerald
Bought by
Korb Robert and Korb Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.12%
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
Denaro Arthur $525,000 Two Rivers Title Co Llc
55 Ocean Avenue 8H Llc $417,375 Blackstone Stewart Abstract
Us Bank Na $471,843 None Available
Korb Robert $163,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denaro Arthur $375,000
Previous Owner Korb Robert $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2019 05/07/19 Sold $525,000 -- $414 / 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 -- $765,200 $414,000 $351,200
2024 -- $642,500 $316,300 $326,200
2023 $6,864 $592,000 $304,800 $287,200
2022 $6,864 $583,700 $293,300 $290,400
2021 $6,525 $513,800 $230,000 $283,800
2020 $6,239 $508,900 $230,000 $278,900
2019 $5,437 $452,300 $149,300 $303,000
2018 $5,248 $427,000 $140,900 $286,100
2017 $5,735 $452,300 $149,300 $303,000
2016 $4,727 $357,300 $117,900 $239,400
2015 $4,241 $357,300 $117,900 $239,400
2014 $5,267 $424,400 $140,100 $284,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Samir Shehata

    Samir Realty

    Section Image

  • J

    Buyer's Agent in 2019

    Jill Stewart

    Realty Executives Exceptional

    (973) 464-2823

    56 Total Sales

    Jill Stewart
    Section Image
See All Agents

About The Admirality Condominium

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21905888

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00048-0000-00008-08

New Jersey Monmouth County Monmouth Beach 07750

55 Ocean Ave Unit 8H, 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