NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 410 Spring Lake, NJ 07762

Estimated Value: $653,000 - $939,000

1 Bed
1 Bath
555 Sq Ft
$1,430/mo HOA Fee

Last Sold September 22, 2021

Last sale price $665,000 $1,198 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,062/month

7 Days on Market

Highlights

  • Ocean Front
  • Active Adult
  • Living Room
  • Fitness Center
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of September 2021

A summer haven for weary New Yorkers, the seaside town of Spring Lake is considered a classic and so is the venerable Essex and Sussex! This oceanfront retreat offers resort-style living at its best. This wonderful fourth floor unit is centrally located to offer maximum views of the Atlantic from every room. Enjoy morning coffee or evening cocktails on the balcony while watching the waves. This pristine one bedroom unit has a lovely kitchenette with granite counters, white extra deep cabinets and drawers, two commercial-grade True refrigerator drawers. Enjoy all of the amenities offered at the E and S. including the elegant dining room, a fun bar,, game and card rooms, library, gym, and much more!

Last Agent to Sell the Property

Bonnie O'Malley

Bonnie O' Malley Realtor License #8133057 Listed on: 08/26/2021

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 1904

Lot Details

  • 436

HOA Fees

  • $1,430 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 555 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Ocean Front
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 47-00043-0000-00001-410

Community Details

Overview

  • Active Adult
  • Association fees include electricity, exterior maint, mgmt fees, water
  • The Essex&Sussex Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Laundry Facilities

Recreation

Pet Policy

  • Dogs Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,454

Year Built

Built in 1904

Lot Details

0

HOA Fees

$1,430 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Reso Association Amenities: Professional Management, Extra Storage, Common Laundry, Exercise Room, Common Area
  • Reso Association Fee Includes: Electricity, Exterior Maint, Mgmt Fees, Water
  • Inclusions: Microwave, Refrigerator
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Upper Level
  • Year Built: 1904
  • Contract Info List PriceSqFt: 1169.37
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Allowable Dogs: Yes
  • Common Elements Common Laundry: Yes
  • Cooling Heat Pump2: Yes
  • Fee Includes Electricity3: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 1430.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 47-00043-0000-00001-410
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3454.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Goggins John
Bought by
Dmb Seaside Llc
Current Estimated Value
$824,428

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 22, 2021
Sold by
Davis William E and Andrews Pamela
Bought by
Goggins John
Seller's Agent
Bonnie O'Malley
Bonnie O' Malley Realtor
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$649,000
Sold Price
$665,000
Premium/Discount to List
$16,000
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Beirne Mary E
Bought by
Davis William E and Andrews Pamela
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
Dmb Seaside Llc $725,000 Trident Abstract Title
Dmb Seaside Llc $725,000 Trident Abstract Title
Goggins John $665,000 Two Rivers Title Company Llc
Davis William E $375,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $665,000 +2.5% $1,198 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $649,000 -- $1,169 / 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 $3,541 $792,000 $652,100 $139,900
2024 $3,342 $724,100 $593,900 $130,200
2023 $3,342 $664,500 $537,400 $127,100
2022 $3,454 $653,800 $522,300 $131,500
2021 $3,231 $575,700 $466,200 $109,500
2020 $3,231 $522,800 $416,300 $106,500
2019 $3,290 $522,300 $416,300 $106,000
2018 $3,279 $522,200 $416,300 $105,900
2017 $2,798 $447,000 $346,900 $100,100
2016 $3,082 $451,300 $382,400 $68,900
2015 $3,024 $433,300 $364,400 $68,900
2014 $2,656 $387,100 $318,200 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Bonnie O'Malley

    Seller's Agent in 2021

    Bonnie O'Malley

    Bonnie O' Malley Realtor

    (732) 996-7649

    7 in this area

    21 Total Sales

    Bonnie O'Malley
    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

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About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22128414

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-410

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 410, 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.

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