NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 333 Spring Lake, NJ 07762

Estimated Value: $520,000 - $605,689

1 Bed
1 Bath
517 Sq Ft
436 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $440,000 $851 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,197/month

Highlights

  • Waterfront
  • Handicap Accessible
  • Baseboard Heating
  • No HOA
  • Central Air
  • High-Rise Condominium

About This Home

As of September 2023

This is an annual, unfurnished rental. Enjoy the lifestyle of The Essex & Sussex in beautiful Spring Lake. This bright one bedroom condo has freshly carpeted flooring, polished marble bath and vanity, updated butler kitchen, fireplace and wonderful views of the lake and ocean. Oceanfront, 24-hour security, concierge, valet, dining, private beach valet, spacious state-of-the-art gym, billiard room, a solarium. Utilities are included. Food plan is an additional $400 per month.

Last Agent to Rent the Property

Kerry Tice

D'Amico & McConnell Realtors License #1537494 Listed on: 06/23/2023

Last Renter's Agent

Kerry Tice

D'Amico & McConnell Realtors License #1537494 Listed on: 06/23/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 2002

Lot Details

  • 436

Parking

  • No Garage

Interior Spaces

  • 517 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Handicap Accessible
  • Waterfront

Community Details

  • No Home Owners Association
  • High-Rise Condominium
  • The Essex&Sussex Subdivision

Listing and Financial Details

  • Property Available on 7/1/23
  • Assessor Parcel Number 47-00043-0000-00001-333

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,088

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-07-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: High Rise
  • Year Built: 2002
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • General Property Info Handicap Access: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2023-07-01
  • Maintenance Fees Security Deposit3: 112.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 0
  • Style High Rise: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.01
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 47-00043-0000-00001-333

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
May 24, 2023
Sold by
Sweeney John L
Bought by
Llmv Llc
Seller's Agent
Frederick Barbella
Berkshire Hathaway HomeServices Fox & Roach - Wall
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$415,000
Sold Price
$440,000
Premium/Discount to List
$25,000
6.02%
Views
73
Current Estimated Value
$552,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,132
Avg. Annual Appreciation
8.85%

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 12, 2020
Sold by
Dougherty Joan
Bought by
Galdi Raffaela
Seller's Agent
Megan Schnurr
Keller Williams Realty Spring Lake
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Listed on
Mar 30, 2015
Closed on
Dec 17, 2015
Sold by
Relles Lynne G
Bought by
Dougherty Joan
Seller's Agent
Linda Muller
Coldwell Banker Res. Brokerage
Buyer's Agent
Megan Schnurr
Ocean Pointe
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Interest Rate
3.97%

Purchase Details

Closed on
Nov 17, 2014
Sold by
Relles David A and Relles Lynne G
Bought by
Relles Lynne G

Purchase Details

Listed on
Dec 4, 2013
Closed on
Apr 18, 2014
Sold by
Chavez Laura M
Bought by
Relles David A and Relles Lynne G
Seller's Agent
Linda Muller
Coldwell Banker Res. Brokerage
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$150,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2013
Closed on
Mar 12, 2014
Sold by
Chavez Cacho Jose and Chavez Laura M
Bought by
Chavez Laura M
Seller's Agent
Linda Muller
Coldwell Banker Res. Brokerage
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2008
Sold by
Maita Marie J
Bought by
Chavez Cacho Jose and Chavez Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2006
Sold by
Delgrosso Barbara W
Bought by
Maita John G and Maita Marie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Llmv Llc $440,000 Catic Title
Galdi Raffaela $370,000 Liberty Abstract Inc
Dougherty Joan $345,000 --
Relles Lynne G -- Multiple
Relles David A $300,000 Multiple
Chavez Laura M -- None Available
Chavez Cacho Jose $275,000 None Available
Maita John G $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dougherty Joan --
Previous Owner Relles David A $150,000
Previous Owner Chavez Cacho Jose $220,000
Previous Owner Maita John G $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Rented $38,500 +1084.6% --
07/27/2023 07/27/23 Under Contract -- -- --
06/24/2023 06/24/23 For Rent $3,250 0.0% --
05/25/2023 05/25/23 Sold $440,000 +6.0% $851 / Sq Ft
04/28/2023 04/28/23 For Sale $415,000 +12.2% $803 / Sq Ft
05/12/2020 05/12/20 Sold $370,000 -4.9% $716 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $389,000 +12.8% $752 / Sq Ft
12/07/2015 12/07/15 Sold $345,000 +15.0% $667 / Sq Ft
04/24/2014 04/24/14 Sold $300,000 0.0% $580 / Sq Ft
01/14/2013 01/14/13 Rented $1,825 -- --
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
2024 $2,088 $526,700 $418,800 $107,900
2023 $2,088 $415,100 $293,400 $121,700
2022 $2,211 $396,600 $279,300 $117,300
2021 $2,211 $373,200 $265,800 $107,400
2020 $2,163 $350,000 $245,600 $104,400
2019 $2,201 $349,400 $245,600 $103,800
2018 $2,194 $349,300 $245,600 $103,700
2017 $2,151 $343,600 $245,600 $98,000
2016 $1,996 $292,200 $228,800 $63,400
2015 $1,966 $281,600 $218,200 $63,400
2014 $1,596 $232,600 $169,200 $63,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Frederick Barbella

    BHHS Fox & Roach

  • K

    Landlord's Agent in 2023

    Kerry Tice

    D'Amico & McConnell Realtors

    (732) 492-7615

    2 in this area

    17 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

  • Megan Schnurr

    Seller's Agent in 2020

    Megan Schnurr

    Keller Williams Realty Spring Lake

    (732) 221-5673

    7 in this area

    98 Total Sales

    Section Image

  • L

    Buyer's Agent in 2020

    Linda Muller

    Burgdorff ERA Hillsdale

See All Agents

About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22317161

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-333

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 333, Spring Lake, NJ

This home is located at 700 Ocean Ave Unit 333, Spring Lake, NJ 07762 since 23 June 2023 and is currently priced at $579,672. This property was built in 2002. 700 Ocean Ave Unit 333 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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