NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 208 Spring Lake, NJ 07762

Estimated Value: $807,000 - $982,475

1 Bed
1 Bath
687 Sq Ft
$2,024/mo HOA Fee

Last Sold April 07, 2023

Last sale price $700,000 $1,019 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,149/month

8 Days on Market

Highlights

  • Active Adult
  • Great Room
  • Forced Air Heating and Cooling System
  • Waterfront
  • Balcony

About This Home

As of April 2023

Welcome to the Essex & Sussex. This gorgeous condo is located in one of the best locations in the entire complex. With a large balcony that looks out onto the Atlantic Ocean, the unobstructed views are sure to take your breath away. Enjoy the lifestyle of the E & S, with its gourmet dinning room, happy hour, billiard parlor, library and gym. This is the perfect spot for you to relax and enjoy a low maintenance life style at the beach.

Last Agent to Sell the Property

Roberta Gilligan

Jack Green Realty License #7845090 Listed on: 02/23/2023

Jack Green Realty

Last Buyer's Agent

Lawrence McCown

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 2002

Lot Details

  • 436

HOA Fees

  • $2,024 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 687 Sq Ft Home
  • 1-Story Property
  • Great Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Waterfront

Community Details

  • Active Adult
  • The Essex&Sussex Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47-00043-0000-00001-208

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,222

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,024 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Subdivision Name: The Essex&Sussex
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 2002
  • Contract Info List PriceSqFt: 944.69
  • Contract Info New Construction: No
  • 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: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • BasementOther: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront: Yes
  • Exclusions: Personal property.
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 2024.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 47-00043-0000-00001-208

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4222.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 5, 2023
Sold by
Barbara A Tetta Revocable Trust
Bought by
Menna James and Menna Rachel
Seller's Agent
Roberta Gilligan
Jack Green Realty
Buyer's Agent
Lawrence McCown
Keller Williams Realty West Monmouth
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%
Views
35
Current Estimated Value
$914,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,369
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Oct 15, 2019
Sold by
Tetta Barbara
Bought by
Tetta Barbara A and The Barbara A Tetta Revocable

Purchase Details

Closed on
Jul 26, 2011
Sold by
Coleman Claude and Coleman Barbara Bell
Bought by
Tetta Barbara
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
Menna James $700,000 Builders Title
Menna James $700,000 Builders Title
Tetta Barbara A -- None Available
Tetta Barbara $365,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $700,000 +7.9% $1,019 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $649,000 -- $945 / 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 $3,958 $855,500 $687,000 $168,500
2024 $4,305 $809,500 $652,700 $156,800
2023 $4,305 $855,900 $702,800 $153,100
2022 $4,397 $816,700 $669,100 $147,600
2021 $4,397 $732,900 $597,700 $135,200
2020 $4,125 $667,400 $535,900 $131,500
2019 $4,201 $666,800 $535,900 $130,900
2018 $4,187 $666,700 $535,900 $130,800
2017 $4,000 $638,900 $515,300 $123,600
2016 $3,345 $489,800 $399,100 $90,700
2015 $3,283 $470,300 $379,600 $90,700
2014 $2,909 $424,100 $333,400 $90,700
Source: Public Records

Agents Affiliated with this Home

  • Roberta Gilligan

    Seller's Agent in 2023

    Roberta Gilligan

    Jack Green Realty

    (732) 580-7384

    1 in this area

    2 Total Sales

    Roberta Gilligan
    Section Image

  • L

    Buyer's Agent in 2023

    Lawrence McCown

    Keller Williams Realty West Monmouth

See All Agents

About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304829

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-208

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 208, Spring Lake, NJ

Not Listed for Sale

Condos

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