NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 231 Spring Lake, NJ 07762

Estimated Value: $590,000 - $760,000

1 Bed
1 Bath
474 Sq Ft
$1,092/mo HOA Fee

Last Sold September 13, 2024

Last sale price $570,000 $1,203 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,719/month

131 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Active Adult
  • Community Beach Access
  • Lake On Lot
  • Marble Flooring

About This Home

As of September 2024

Welcome to your elegant oceanfront lifestyle at the Essex and Sussex! This one bedroom unit has a view of the lake from its balcony as well as a living room and separate kitchenette. The full bath is completely tiled. You will also appreciate the many amenities such as the dining rooms, club rooms, library, full cooking kitchen, exercise room, 24/7 security and more.

Last Agent to Sell the Property

Edward Davidoski

Keller Williams Avon Realty License #9587263 Listed on: 03/14/2024

Keller Williams Avon Realty

Last Buyer's Agent

Linda Brooks

Linda Brooks Realty License #8130135

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 2002

Lot Details

  • Beach Front
  • Lake Front
  • Landscaped

HOA Fees

  • $1,092 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 474 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Light Fixtures
  • Blinds
  • Window Screens

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Marble Bathroom Countertops

Parking

  • 1 Parking Space
  • No Garage
  • Common or Shared Parking
  • Driveway with Pavers
  • Paved Parking
  • Paver Block
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Lake On Lot
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 47-00043-0000-00001-231

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include common area, fire/liab, lawn maintenance, mgmt fees, property taxes, rec facility, sewer, snow removal, water, gas
  • The Essex&Sussex Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Beach Access
  • Beach
  • Snow Removal

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,869

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,092 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Professional Management, Extra Storage, Common Laundry, Beach, Association, Exercise Room, Community Room, No Pool, Common Access, Landscaping
  • Reso Association Fee Includes: Common Area, Fire/Liab, Lawn Maintenance, Mgmt Fees, Property Taxes, Rec Facility, Sewer, Snow Removal, Water, Gas
  • Inclusions: Blinds/Shades, Light Fixtures, Screens
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Condo
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 2002
  • Contract Info List PriceSqFt: 1179.32
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • 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
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Cooling Electric3: Yes
  • Garage None4: Yes
  • Included Screens: Yes
  • Common Elements Landscaping: Yes
  • Living Room Dec Molding3: Yes
  • Parking Paver Block: Yes
  • Common Elements Security Guard: Yes
  • Water Type Beachfront: Yes
  • Siding Wood2: Yes
  • Water Type Lake: Yes
  • Common Elements Common Laundry: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath Marble7: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront Features: Beachfront, Lake, Oceanfront
  • Waterfront: Yes
  • Exclusions: Personal belongings
  • Exterior Features: Porch - Enclosed, Lighting
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paver Block, Asphalt, Assigned, Common, Off Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 1092.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47-00043-0000-00001-231

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1869.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Sep 25, 2024
Sold by
Fitzpatrick James J and Fitzpatrick Thomas K
Bought by
Smith James and Smith Kathleen
Seller's Agent
Edward Davidoski
Keller Williams Avon Realty
Buyer's Agent
Linda Brooks
Linda Brooks Realty
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%
Views
322
Current Estimated Value
$650,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,842
Avg. Annual Appreciation
11.39%
Original Mortgage
$370,500
Outstanding Balance
$366,714
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$284,128

Purchase Details

Closed on
Apr 12, 2018
Sold by
Arlene Fitzpatrick Testamentary Trust
Bought by
Fitzpatrick James J

Purchase Details

Listed on
Sep 13, 2013
Closed on
Feb 28, 2014
Sold by
Vermeire Eleanor S
Bought by
Arlene Fitzpatrick Testamentary Trust
Seller's Agent
Linda Muller
Coldwell Banker Realty
Buyer's Agent
Marieclaire Odell
Gloria Nilson & Co. Real Estate
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smith James $570,000 Trident Abstract Title
Smith James $570,000 Trident Abstract Title
Fitzpatrick James J -- None Available
Arlene Fitzpatrick Testamentary Trust $245,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith James $370,500
Closed Smith James $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $570,000 +2.0% $1,203 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $559,000 -9.7% $1,179 / Sq Ft
06/20/2024 06/20/24 Price Changed $619,000 -4.6% $1,306 / Sq Ft
04/23/2024 04/23/24 Price Changed $649,000 -7.2% $1,369 / Sq Ft
03/14/2024 03/14/24 For Sale $699,000 +185.3% $1,475 / Sq Ft
03/03/2014 03/03/14 Sold $245,000 -- $517 / 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 $2,431 $517,800 $391,100 $126,700
2024 $1,869 $497,100 $379,200 $117,900
2023 $1,869 $371,500 $256,400 $115,100
2022 $1,918 $355,100 $244,100 $111,000
2021 $1,918 $319,600 $218,000 $101,600
2020 $1,929 $312,100 $213,300 $98,800
2019 $1,962 $311,500 $213,300 $98,200
2018 $1,956 $311,400 $213,300 $98,100
2017 $1,916 $306,000 $213,300 $92,700
2016 $1,806 $264,400 $214,200 $50,200
2015 $1,777 $254,600 $204,400 $50,200
2014 $1,463 $213,300 $155,400 $57,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Edward Davidoski

    Keller Williams Avon Realty

    (908) 337-2493

    1 in this area

    2 Total Sales

    Edward Davidoski
    Section Image

  • L

    Buyer's Agent in 2024

    Linda Brooks

    Linda Brooks Realty

    (732) 449-1300

    1 in this area

    2 Total Sales

    Linda Brooks
    Section Image

  • L

    Seller's Agent in 2014

    Linda Muller

    Coldwell Banker Realty

    Section Image

  • M

    Buyer's Agent in 2014

    Marieclaire Odell

    BHHS Fox & Roach

See All Agents

About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22406928

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-231

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 231, Spring Lake, NJ

Not Listed for Sale

Condos

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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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