NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 203 Spring Lake, NJ 07762

Estimated Value: $408,000 - $558,000

1 Bed
1 Bath
461 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $295,000 $640 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,598/month

Highlights

  • Water Views
  • Furnished
  • Community Center
  • Active Adult
  • Terrace
  • Elevator

About This Home

As of June 2024

Luxurious well maintained community across from the beach! This is a beautiful second floor unit which has been recently updated. Immaculate and bright one bedroom with full bath, large side balcony to watch the sunsets. Community amenities include large solarium with Ocean Front views. 24 hr security, concierge, bar, lounge, dining room, gym, library, card room and more. Walk to he beach , the lake or to town. Close to shopping, train, busses and Restaurants.

Last Agent to Rent the Property

Patricia Brady

RE/MAX First Realty Listed on: 06/04/2024

Last Renter's Agent

Denise Collaro

D'Amico & McConnell Realtors License #0790875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 2002

Lot Details

  • 174

Interior Spaces

  • 461 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Crown Molding

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Terrace

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Month-to-Month Lease Term
  • Short Term Lease
  • Assessor Parcel Number 47-00043-0000-00001-203

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Association fees include trash, electricity, water, heat, sewer
  • The Essex&Sussex Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Elevator

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Adult Community
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Community Room, Common Area
  • Reso Association Fee Includes: Trash, Electricity, Water, Heat, Sewer
  • Inclusions: Refrigerator
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Other - See Remarks
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Balcony, Built-Ins, Dec Molding
  • Year Built: 2002
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Exterior Terrace: Yes
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Garage None4: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Security Guard: Yes
  • Furnished Full2: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Foyer Dec Molding2: Yes
  • Fee Includes Heat4: Yes
  • Cooling Heat Pump2: Yes
  • Common Elements Elevator3: Yes
  • Fee Includes Electricity3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • BasementOther: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Floor - Laminate8: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Off Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47-00043-0000-00001-203

Multi Family

  • Number Of Units Total: 203

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Jan 27, 2022
Sold by
Szeliga John P and Szeliga Carolyn B
Bought by
Rubas Theresa B
Seller's Agent
Linda Henderson
Coldwell Banker Realty
Buyer's Agent
Patricia Brady
Gloria Nilson & Co. Real Estate
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Current Estimated Value
$467,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,690
Avg. Annual Appreciation
13.15%

Purchase Details

Listed on
Jul 13, 2015
Closed on
Nov 19, 2015
Sold by
Collins David and Collins Joyce
Bought by
Szeliga John P and Szeliga Carolyn B
Seller's Agent
Linda Muller
Coldwell Banker Realty
Buyer's Agent
Linda Henderson
Coldwell Banker Realty
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 7, 2013
Sold by
Degennaro Carmine and Degennaro Arline
Bought by
Collins David and Collins Joyce
Seller's Agent
Kathleen Bagley
Coldwell Banker Realty
Buyer's Agent
Barbara Furdyna
Ward Wight Sotheby's International Realty
Sold Price
$124,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Degennaro Carmine and Degennaro Arline
Bought by
Degennaro Carmine and Degennaro Arline

Purchase Details

Closed on
Apr 1, 2010
Sold by
Liberty Healthcare System Foundation Inc
Bought by
Degennaro Carmine and Degennaro Arline

Purchase Details

Closed on
Jan 18, 2006
Sold by
Ironstate Holdings Llc
Bought by
Liberty Healthcare System Foun
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rubas Theresa B $295,000 Old Republic Title
Szeliga John P $150,000 None Available
Collins David $124,000 Agent For Old Republic Natio
Degennaro Carmine -- None Available
Degennaro Carmine $103,000 Multiple
Liberty Healthcare System Foun -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2024 06/07/24 Rented $38,400 +753.3% --
06/04/2024 06/04/24 Price Changed $4,500 0.0% $10 / Sq Ft
06/04/2024 06/04/24 For Rent $4,500 +12.5% --
06/03/2024 06/03/24 Under Contract -- -- --
05/20/2024 05/20/24 Rented $4,000 -11.1% --
05/11/2024 05/11/24 Under Contract -- -- --
04/28/2024 04/28/24 For Rent $4,500 0.0% --
01/27/2022 01/27/22 Sold $295,000 -3.3% $640 / Sq Ft View Prior Sale
12/06/2021 12/06/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $305,000 0.0% $662 / Sq Ft
04/08/2019 04/08/19 Rented $21,250 +18.1% --
02/01/2016 02/01/16 Rented $18,000 0.0% --
11/23/2015 11/23/15 Sold $150,000 +21.0% $325 / Sq Ft View Prior Sale
06/07/2013 06/07/13 Sold $124,000 -- $208 / 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 $1,498 $333,700 $207,500 $126,200
2024 $1,489 $306,400 $189,000 $117,400
2023 $1,489 $296,100 $152,100 $144,000
2022 $1,381 $255,300 $144,800 $110,500
2021 $1,381 $230,200 $129,100 $101,100
2020 $1,321 $213,700 $115,300 $98,400
2019 $1,343 $213,100 $115,300 $97,800
2018 $1,337 $212,900 $115,300 $97,600
2017 $1,300 $207,600 $115,300 $92,300
2016 $1,280 $187,400 $168,400 $19,000
2015 $1,254 $179,700 $160,700 $19,000
2014 $851 $124,000 $105,000 $19,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2024

    Patricia Brady

    RE/MAX

  • D

    Tenant's Agent in 2024

    Denise Collaro

    D'Amico & McConnell Realtors

    (732) 239-3613

    2 in this area

    11 Total Sales

    Denise Collaro
    Section Image
  • Linda Henderson

    Seller's Agent in 2022

    Linda Henderson

    Coldwell Banker Realty

    (732) 927-0378

    7 in this area

    41 Total Sales

    Linda Henderson
    Section Image
  • Frank Fortino

    Buyer's Agent in 2019

    Frank Fortino

    C21/ Mack Morris Iris Lurie

    (732) 995-9914

    58 Total Sales

    Frank Fortino
    Section Image

  • H

    Buyer's Agent in 2016

    Helen Basile

    Weichert Realtors-Ocean

  • L

    Seller's Agent in 2015

    Linda Muller

    Coldwell Banker Realty

    Section Image
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About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22411638

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-203

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 203, Spring Lake, NJ

This home is located at 700 Ocean Ave Unit 203, Spring Lake, NJ 07762 since 04 June 2024 and is currently priced at $467,690. This property was built in 2002. 700 Ocean Ave Unit 203 is a home located in Monmouth County with nearby schools including St. Catharine 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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