$680,000
SOLD MAY 7, 2025

The Essex and Sussex 700 Ocean Ave Unit 331 Spring Lake, NJ 07762

1 Bed
1 Bath
474 Sq Ft
$1,159/mo HOA Fee

Recently Sold

$1,435 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Water Views
  • Lake On Lot
  • Oceanside
  • Fitness Center
  • Active Adult
  • Deck

About This Home

As of May 2025

The historic Essex & Sussex Condominium Community offers unique and carefree hotel style living on the ocean front. This lovely furnished one-bedroom unit features a new bath with a walk-in shower, new heat pump, updated kitchen with quartz counters, custom paint, hardwood floors and a private balcony/porch. Premium third level location with ocean and lake views. Community amenities include 24-hour concierge and valet, an eloquent dining room, cocktail lounge, library, gym, multiple outdoor seating areas and on-site parking. It is perfectly located on Spring Lakes Pristine Beach Front and just three short blocks from the village shops and restaurants.

Last Agent to Sell the Property

Barry O'Brien

D'Amico & McConnell Realtors License #2549000 Listed on: 02/19/2025

Last Buyer's Agent

Lance Stephens

Diane Turton, Realtors-Spring Lake License #2321099

Diane Turton, Realtors-Spring Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 1914

HOA Fees

  • $1,159 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Siding
  • Synthetic Stucco Exterior
  • Stone

Interior Spaces

  • 474 Sq Ft Home
  • 1-Story Property
  • Crown Molding

Kitchen

  • Butlers Pantry
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 1 Parking Space
  • No Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Lake On Lot
  • Balcony
  • Deck
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 47000430000000010331

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, heat, lawn maintenance, mgmt fees, sewer, snow removal
  • High-Rise Condominium
  • The Essex&Sussex Subdivision
  • On-Site Maintenance

Amenities

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

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,433

Year Built

Built in 1914

Lot Details

0

HOA Fees

$1,159 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso View: Waterview
  • Reso Association Amenities: Management, Laundry, Controlled Access, Association, Exercise Room, Community Room, Deck, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal
  • Inclusions: Microwave, Refrigerator
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: High Rise
  • Reso Interior Features: Dec Molding, Elevator
  • New Construction: No
  • Year Built: 1914
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Controlled Access: Yes
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Butler Pantry: Yes
  • Water Type Lake: Yes
  • Common Elements Deck2: Yes
  • Siding Stucco - Synthetic: Yes
  • Common Elements Common Laundry: Yes
  • Cooling Heat Pump2: Yes
  • Style High Rise: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Other
  • Topography: Level
  • Waterfront Features: Lake Front, Oceanside/Beach Blk
  • Waterfront: No
  • Construction Type: Stone, Brick, Synthetic Stucco
  • Exterior Features: Balcony, Controlled Access, Lighting
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Off Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Radiant, Hot Water, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 1159.0
  • 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
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47000430000000010331
  • Zoning Description: {"Condo":true}

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2432.78

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Sold $680,000 -2.7% $1,435 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $699,000 +129.2% $1,475 / Sq Ft
07/23/2018 07/23/18 Sold $305,000 -- $643 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Barry O'Brien

    D'Amico & McConnell Realtors

    (732) 449-4966

    2 in this area

    2 Total Sales

    Barry O'Brien
    Section Image
  • Lance Stephens

    Buyer's Agent in 2025

    Lance Stephens

    Diane Turton, Realtors-Spring Lake

    (732) 637-7321

    1 in this area

    5 Total Sales

    Lance Stephens
    Section Image

  • L

    Seller's Agent in 2018

    Linda Muller

    Coldwell Banker Realty

    Section Image

  • S

    Buyer's Agent in 2018

    Shannon Brown

    Compass New Jersey

    Section Image
See All Agents

About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22504546

MOREMLS (Monmouth Ocean Regional REALTORS®)
New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 331, Spring Lake, NJ

This home is located at 700 Ocean Ave Unit 331, Spring Lake, NJ 07762 and is currently priced at $680,000, approximately $1,434 per square foot. This property was built in 1914. 700 Ocean Ave Unit 331 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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