$575,000
SOLD SEP 17, 2021

The Essex and Sussex 700 Ocean Ave Unit 514 Spring Lake, NJ 07762

1 Bed
1 Bath
465 Sq Ft
$1,344/mo HOA Fee

Recently Sold

$1,237 Per Sq Ft

12 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Fireplace in Primary Bedroom
  • Ocean Front
  • Senior Community
  • Community Center

About This Home

As of June 2025

Location Location LocationOCEAN FRONT IN SPRING LAKE...YES!Sophistication, Luxury, Elegance. The Historic Essex & Sussex Adult Community Condo Building offers amenities that will complement your great style. Valet parking, 24 hr concierge, fitness center, library, solarium, cocktail lounge & a beautiful dining room. This Unit is on the 5th floor & boasts stunning Ocean views from every room! Offered fully furnished including a lift bed, ClosetTec organization, fireplace & wall mounted TV in the Bedroom -a sleeper sofa, fireplace & wall mounted TV in the living room -a microwave, refrigerator & dinette table in the kitchenette and quality outdoor furniture to enjoy sunrises & ocean breezes from your private balcony. Elevate this Chapter of your life...It's TIME!

Last Agent to Sell the Property

Susan Moroney

Keller Williams Avon Realty License #1755813 Listed on: 08/19/2021

Keller Williams Avon Realty

Co-Listed By

Richard Covey

Keller Williams Avon Realty License #1758103

Last Buyer's Agent

Aileen Byrne-Fahy

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0450256

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1914

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $1,344 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 465 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Light Fixtures
  • 2 Fireplaces
  • Electric Fireplace
  • Blinds
  • Wall to Wall Carpet

Kitchen

  • Butlers Pantry
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • 1 Parking Space
  • Off-Street Parking

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Additional Features

  • Balcony
  • Upper Level

Listing and Financial Details

  • Exclusions: personal items

Community Details

Overview

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

Amenities

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

Recreation

  • Snow Removal

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,262

Year Built

Built in 1914

Lot Details

0

HOA Fees

$1,344 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoLotFeatures: Oceanfront
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Professional Management, Extra Storage, Controlled Access, Common Laundry, Association, Exercise Room, Community Room, Landscaping
  • Reso Association Fee Includes: Other - See Remarks, Trash, Electricity, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal, Water, Gas
  • Co List Office Mls Id: 2343
  • Co List Office Phone: 732-455-5252
  • Inclusions: Blinds/Shades, Ceiling Fan(s), Light Fixtures, Microwave, Refrigerator
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Upper Level
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Dec Molding, Elevator
  • Year Built: 1914
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Allowable Pet Size Limit: Yes
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Community Room: Yes
  • Common Elements Controlled Access2: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Controlled Access: Yes
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Included Ceiling Fan(s): Yes
  • Common Elements Landscaping: Yes
  • Kitchen Butler Pantry: Yes
  • Common Elements Security Guard: Yes
  • Living Room Fireplace - Electric4: Yes
  • Siding Stucco - Synthetic: Yes
  • Common Elements Common Laundry: Yes
  • Fee Includes Electricity3: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 2
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Fireplace - Electric3: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exclusions: personal items
  • Construction Type: Synthetic Stucco
  • Exterior Features: Balcony, Controlled Access

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Valet
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1344.0
  • 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

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 0
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2262.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jun 16, 2025
Sold by
Katherine B Slattery Revocable Living Tr and Slattery John W
Bought by
Tozzi Linda A and Tozzi Robert
Seller's Agent
Aileen Byrne-Fahy
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Kerry Tarigo
Diane Turton, Realtors-Sea Girt
List Price
$765,000
Sold Price
$1,010,000
Premium/Discount to List
$245,000
32.03%
Views
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
-87.17%

Purchase Details

Closed on
Feb 14, 2021
Sold by
Palladino Mauro A and Palladino Sara
Bought by
Slattery Michael J and Slattery Katherine B
Source: Public Records

Similar Homes in Spring Lake, NJ

  • 700 Ocean Ave Unit G28, Spring Lake, NJ 07762

    $525,000

    • 1 Bed
    • 1 Bath
    • 700 Ocean Ave
    • Unit G28
    • Spring Lake, NJ

    The most affordable luxury & elegance awaits you at NJ's most prestigious address ''700 Ocean Avenue, Spring Lake , The Essex & Sussex ''. This wonderful 1st floor one bedroom condo is the perfect Pied-a-terre as your summer, weekend get-a-way or investment property. Location , privacy, ease of access, parking and price make this a very special Spring Lake opportunity ! Enjoy a peek of the

    Walter Kimm Coldwell Banker Realty

    Section Image
  • 700 Ocean Ave Unit G31, Spring Lake, NJ 07762

    $649,000

    • 1 Bed
    • 1 Bath
    • 474 Sq Ft
    • 700 Ocean Ave
    • Unit G31
    • Spring Lake, NJ

    The historic Essex & Sussex Condominium Community offers unique and carefree hotel style living on the oceanfront. This lovely one-bedroom unit is conveniently in a desirable first level location and features a private balcony/porch, an updated bath with a walk-in shower, custom kitchen cabinetry, custom paint and flooring. Community amenities include 24-hour concierge and valet, an eloquent

    Barry O'Brien D'Amico & McConnell Realtors

    Section Image
  • 200 Monmouth Ave Unit 7, Spring Lake, NJ 07762

    $639,000

    • 1 Bed
    • 1 Bath
    • 200 Monmouth Ave
    • Unit 7
    • Spring Lake, NJ

    Great opportunity. Welcome to the Hewitt Wellington in Spring Lake! This newly updated unit offers beautiful views of the lake from its covered balcony, creating a perfect retreat for relaxation. Located centrally to all Spring Lake has to offer this home is a perfect fit for someone looking for a stress free getaway or income property.

    Kiernan Difeo Jack Green Realty

    Section Image
  • 200 Monmouth Ave Unit 21, Spring Lake, NJ 07762

    $649,000

    • 1 Bed
    • 1 Bath
    • 426 Sq Ft
    • 200 Monmouth Ave
    • Unit 21
    • Spring Lake, NJ

    Dreaming of owning an escape retreat in the Ocean Front resort town of Spring Lake? The Hewitt Wellington Condo/Hotel-Suite offers owners a unique RENTAL INCOME PROGRAM managed by the Hotel,, Benefit from the income when not occupying the unit. Furnished Suite 21 located on the second floor, sunshine filled Living Room, w/Gas fireplace, Large bedroom King Bed, plus Trundle, updated Bath.

    Andrea Patterson Diane Turton, Realtors-Spring Lake

    Section Image
See All Homes in Spring Lake

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,010,000 Surety Title
Deed $575,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Sold $1,010,000 +32.0% $2,172 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $765,000 +33.0% $1,645 / Sq Ft
09/17/2021 09/17/21 Sold $575,000 0.0% $1,237 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $574,900 -- $1,236 / 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 $2,913 $621,300 $505,900 $115,400
2023 $2,913 $579,100 $399,000 $180,100
2022 $2,633 $554,000 $379,900 $174,100
2021 $2,466 $438,900 $339,500 $99,400
2020 $2,466 $399,000 $302,300 $96,700
2019 $2,510 $398,400 $302,300 $96,100
2018 $2,501 $398,300 $302,300 $96,000
2017 $2,387 $381,300 $290,600 $90,700
2016 $2,923 $428,000 $370,900 $57,100
2015 $2,869 $411,100 $354,000 $57,100
2014 $2,503 $364,900 $307,800 $57,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Aileen Byrne-Fahy

    BHHS Fox & Roach

  • K

    Buyer's Agent in 2025

    Kerry Tarigo

    Diane Turton, Realtors-Sea Girt

  • S

    Seller's Agent in 2021

    Susan Moroney

    Keller Williams Avon Realty

  • R

    Seller Co-Listing Agent in 2021

    Richard Covey

    Keller Williams Avon Realty

See All Agents

About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22127239

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-514

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 514, Spring Lake, NJ

This home is located at 700 Ocean Ave Unit 514, Spring Lake, NJ 07762 and is currently priced at $575,000, approximately $1,236 per square foot. This property was built in 1914. 700 Ocean Ave Unit 514 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.

Nearby Homes