NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 531 Spring Lake, NJ 07762

Spring Lake Area

Estimated Value: $760,649

1 Bed
1 Bath
423 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: October 30, 2025

Last sale price $734,500 $1,736 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,593 / mo

17 Days on Market

Highlights

  • Valet Parking
  • Waterfront
  • Forced Air Heating and Cooling System
  • Active Adult
  • Balcony

About This Home

As of October 2025

Step into your own private paradise at The Essex & Sussex, the premier oceanfront gem of Spring Lake. Offering an unbeatable blend of tranquility and luxury, this beautifully furnished residence, boasts a luxury-coastal kitchenette, southern exposure and sparkling water views of the Spring Lake and Atlantic Ocean. The Essex & Sussex pampers residents with resort-style amenities, including elegant on-site dining and bar service, a state-of-the-art fitness center, library, billiards room, and shared gourmet kitchenalongside concierge and valet services designed to elevate your coastal lifestyle. Furniture included! Make this your sanctuary by the sea.

Last Agent to Sell the Property

Aileen Byrne-Fahy

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0450256 Listed on: 09/20/2025

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Kerry Patterson

Ward Wight Sotheby's International Realty License #0563107

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 2002

Lot Details

  • 436

HOA Fees

  • $1,216 Monthly HOA Fees

Parking

  • Shared Driveway

Interior Spaces

  • 423 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

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

Additional Features

  • Waterfront
  • Upper Level

Listing and Financial Details

  • Exclusions: Watercolor over the desk, dark gray slipper chair
  • Assessor Parcel Number 47-00043-0000-00001-531

Community Details

Overview

  • Active Adult
  • The Essex&Sussex Subdivision

Amenities

  • Valet Parking

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,345

Year Built

Built in 2002

Lot Details

436 Sq Ft Lot

HOA Fees

$1,216 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Reso View: Waterview
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Upper Level
  • Year Built: 2002
  • Contract Info List PriceSqFt: 1794.33
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Other
  • Acres: 0.01
  • Waterfront: Yes
  • Exclusions: Watercolor over the desk, dark gray slipper chair
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Valet
  • General Property Info:Garage: No
  • Parking: Common Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 1216.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 47-00043-0000-00001-531

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2345.0

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2025
Closed on
Oct 27, 2025
Sold by
Bought by
Seller's Agent
Aileen Byrne-Fahy
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
List Price
$759,000
Sold Price
$734,500
Premium/Discount to List
-$24,500
-3.23%
Views
97
Current Estimated Value
$760,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,149
Avg. Annual Appreciation
4.71%

Purchase Details

Listed on
Mar 26, 2018
Closed on
Sep 28, 2018
Sold by
Bought by
Seller's Agent
Linda Muller
Coldwell Banker Realty
Buyer's Agent
Patricia Brady
Gloria Nilson & Co. Real Estate
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Spring Lake, NJ

  • Melanie Siliato Real Estate Agent - Cove to Coast Realty

    Melanie Siliato

    Cove to Coast Realty

    (848) 281-0742

    35 Total Sales

    2 in Spring Lake

    $2.1M - $2.5M Price Range

    Melanie Siliato
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  • Marlene Mango Real Estate Agent - Diane Turton, Realtors-Brick

    Marlene Mango

    Diane Turton, Realtors-Brick

    (848) 277-0817

    97 Total Sales

    1 in Spring Lake

    $1,500,000 Price

    Marlene Mango
     Section Image
  • Mark Cowan Real Estate Agent - The Gallery Residential Brokerage

    Mark Cowan

    The Gallery Residential Brokerage

    (609) 400-4533

    36 Total Sales

    2 in Spring Lake

    $2.2M - $2.9M Price Range

    Mark Cowan
     Section Image
  • Megan Schnurr Real Estate Agent - Keller Williams Realty Spring Lake

    Megan Schnurr

    Keller Williams Realty Spring Lake

    (848) 281-0602

    81 Total Sales

    8 in Spring Lake

    $465K - $5M Price Range

    Megan Schnurr
     Section Image
  • Jacqueline Clark Real Estate Agent - Ward Wight Sotheby's International Realty

    Jacqueline Clark

    Ward Wight Sotheby's International Realty

    (888) 415-9247

    27 Total Sales

    1 in Spring Lake

    $1,200,000 Price

    Jacqueline Clark
     Section Image
  • Bart Dennin Real Estate Agent - Corcoran Baer & McIntosh

    Bart Dennin

    Corcoran Baer & McIntosh

    (848) 301-2665

    27 Total Sales

    1 in Spring Lake

    $3,050,000 Price

    Bart Dennin
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$734,500 Jersey Shore Title Services
$255,000 Chicago Title Insurance Comp
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 Sold $734,500 -3.2% $1,736 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
09/20/2025 09/20/25 For Sale $759,000 +43.2% $1,794 / Sq Ft
08/18/2023 08/18/23 Sold $530,000 -6.2% $1,253 / Sq Ft View Prior Sale
07/27/2023 07/27/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $565,000 +121.6% $1,336 / Sq Ft
09/28/2018 09/28/18 Sold $255,000 0.0% $603 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Rented $1,675 +1.5% --
10/11/2012 10/11/12 Rented $1,650 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,350 $589,600 $454,700 $134,900
2025 $2,350 $514,300 $380,700 $133,600
2024 $1,664 $479,600 $355,300 $124,300
2023 $1,664 $330,900 $275,400 $55,500
2022 $1,861 $316,400 $262,300 $54,100
2021 $1,861 $310,100 $260,100 $50,000
2020 $1,735 $280,800 $232,700 $48,100
2019 $2,015 $319,900 $232,700 $87,200
2018 $2,008 $319,800 $232,700 $87,100
2017 $1,865 $298,000 $215,700 $82,300
2016 $1,864 $272,900 $221,600 $51,300
2015 $1,835 $262,900 $211,600 $51,300
2014 $1,305 $190,300 $139,000 $51,300
Source: Public Records

Agents Affiliated with this Home

  • Aileen Byrne-Fahy Real Estate Agent - BHHS Fox & Roach

    Seller's Agent in 2025

    Aileen Byrne-Fahy

    BHHS Fox & Roach

    (908) 433-9392

    38 Total Sales

    Aileen Byrne-Fahy
    Section Image
  • Kerry Patterson Real Estate Agent - Ward Wight Sotheby's International Realty

    Buyer's Agent in 2025

    Kerry Patterson

    Ward Wight Sotheby's International Realty

    (917) 576-2191

    44 Total Sales

    Kerry Patterson
    Section Image
  • Megan Schnurr Real Estate Agent - Keller Williams Realty Spring Lake

    Seller's Agent in 2023

    Megan Schnurr

    Keller Williams Realty Spring Lake

    (732) 221-5673

    81 Total Sales

    Megan Schnurr
    Section Image

  • L

    Buyer's Agent in 2023

    Leslie Mayer

    The Mary Holder Agency

  • Linda Muller Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2018

    Linda Muller

    Coldwell Banker Realty

    (201) 264-7880

    1 Total Sale

    Linda Muller
    Section Image

  • P

    Buyer's Agent in 2018

    Patricia Brady

    BHHS Fox & Roach

    Section Image
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About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22528410

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-531

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 531, Spring Lake, NJ

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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