NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 431 Spring Lake, NJ 07762

Estimated Value: $512,000 - $582,000

1 Bed
1 Bath
474 Sq Ft
$1,134/mo HOA Fee

Last Sold July 31, 2023

Last sale price $485,000 $1,023 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,380/month

69 Days on Market

Highlights

  • Ocean View
  • Senior Community
  • Community Center
  • Fitness Center
  • Granite Countertops
  • Covered patio or porch

About This Home

As of July 2023

Enjoy life at the beach in this lovely one bedroom condo at the Essex and Sussex. The building fronts on the stunning Spring Lake ocean front, just steps to the boardwalk and beach. Ocean and Lake views from the private balcony. The condo is offered furnished. Make Spring Lake your home or enjoy the benefits of a pied-a-terre escape. This is a full service building with concierge, valet, lounge, dining room and gym. HOA includes gas, electric, WIFI and basic cable. This is a smoke free building

Last Agent to Sell the Property

Linda Henderson

Coldwell Banker Realty License #0678176 Listed on: 04/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Christopher Heine

Sitar Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 2002

Lot Details

  • Landscaped

HOA Fees

  • $1,134 Monthly HOA Fees

Home Design

  • Mid Level
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 474 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Laminate Flooring

Kitchen

  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Common or Shared Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Exclusions: Personal Items, Artwork, TV
  • Assessor Parcel Number 47-00043-0000-00001-431

Community Details

Overview

  • Senior Community
  • Front Yard Maintenance
  • Association fees include trash, electricity, common area, exterior maint, heat, lawn maintenance, mgmt fees, sewer, snow removal, water, gas
  • The Essex&Sussex Subdivision
  • On-Site Maintenance

Amenities

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

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,090

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,134 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Common Laundry, Association, Exercise Room, Community Room, Common Access, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Electricity, Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal, Water, Gas
  • Inclusions: Blinds/Shades, Microwave, Refrigerator
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Middle Level
  • Year Built: 2002
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Fee Includes Common Area2: 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
  • WaterSewer Public Water: Yes
  • Included BlindsShades: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • Living Room Floor - Laminate3: Yes
  • SidingStucco: 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: Oceanview
  • Waterfront: No
  • Exclusions: Personal Items, Artwork, TV
  • Exterior Features: Balcony, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 1134.0
  • 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
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 47-00043-0000-00001-431
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2090.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2011
Sold by
Gimmarco Richard and Giammarco Judy
Bought by
Giammarco Richard and Giammarco Judy
Total Days on Market
69
Current Estimated Value
$549,351

Purchase Details

Closed on
Apr 21, 2010
Sold by
Giammarco Richard and Giammarco Judy
Bought by
Giammarco Richard and Giammarco Judy

Purchase Details

Closed on
Dec 24, 2008
Sold by
Black James F and Black Lillian F
Bought by
Giammarco Richard and Giammarco Judy
Source: Public Records

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Range of Values:

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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
Giammarco Richard -- None Available
Giammarco Richard -- None Available
Giammarco Richard $220,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $485,000 +7.8% $1,023 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $449,900 -5.3% $949 / Sq Ft
04/12/2023 04/12/23 For Sale $475,000 -- $1,002 / 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
2024 $2,127 $485,100 $371,500 $113,600
2023 $2,127 $422,800 $311,900 $110,900
2022 $2,180 $404,200 $297,200 $107,000
2021 $2,180 $363,400 $265,400 $98,000
2020 $2,054 $332,300 $237,000 $95,300
2019 $2,090 $331,800 $237,000 $94,800
2018 $2,084 $331,800 $237,000 $94,800
2017 $2,045 $326,600 $237,000 $89,600
2016 $1,936 $283,400 $225,500 $57,900
2015 $1,906 $273,100 $215,200 $57,900
2014 $1,463 $213,300 $155,400 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22309510

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-431