NOT LISTED FOR SALE

The Essex and Sussex 700 Ocean Ave Unit 533 Spring Lake, NJ 07762

Estimated Value: $589,000 - $786,000

1 Bed
1 Bath
517 Sq Ft
$1,135/mo HOA Fee

Last Sold April 30, 2021

Last sale price $419,900 $812 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,876/month

8 Days on Market

Highlights

  • Ocean View
  • Lake On Lot
  • Deck
  • Lake Front
  • Active Adult
  • Marble Flooring

About This Home

As of April 2021

Your Search Has Ended!! This beautiful, spacious 5th floor, one bedroom apartment boasts both ocean and lake views. this lovely unit offers hardwood floors throughout; a stunning Butler's kitchen with recessed lighting, granite countertops, a large stainless-steel sink with mirrored backsplash. This perfect home is complemented by the Essex & Sussex condominium - ''the Jewel of the Jersey Shore''. with so many amenities: 24 hour concierge and valet services, gym, solarium, card and billiard rooms, computer lounge, laundry, inviting cocktail lounge and formal elegant dining room. Your summer retreat awaits you.

Last Agent to Sell the Property

Linda Muller

Coldwell Banker Realty License #7858783 Listed on: 03/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Linda Muller

Burgdorff ERA Hillsdale

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1914

Lot Details

  • Lake Front

HOA Fees

  • $1,135 Monthly HOA Fees

Home Design

  • Synthetic Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Window Treatments

Kitchen

  • Butlers Pantry
  • Microwave

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Lake On Lot
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 47-00043-0000-00001-533

Community Details

Overview

  • Active Adult
  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, heat, lawn maintenance, mgmt fees, sewer, snow removal, water
  • 165 Units
  • High-Rise Condominium
  • The Essex&Sussex Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Center
  • Recreation Room
  • Laundry Facilities

Recreation

  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,417

Year Built

Built in 1914

Lot Details

0

HOA Fees

$1,135 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Professional Management, Controlled Access, Common Laundry, Association, Community Room, Deck, Common Access, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Heat, Lawn Maintenance, Mgmt Fees, Sewer, Snow Removal, Water
  • Inclusions: Window Treatments, Microwave, Refrigerator
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: High Rise, Condo
  • Reso Flooring: Wood
  • Reso Interior Features: Dec Molding, Elevator
  • Year Built: 1914
  • 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 Controlled Access2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Exterior Controlled Access: Yes
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Garage None4: Yes
  • Included Window Treatments: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • General Property Info # UnitsBldgs: 165.0
  • Water Type Lake: Yes
  • Common Elements Deck2: Yes
  • Siding Stucco - Synthetic: Yes
  • Common Elements Common Laundry: Yes
  • Style High Rise: Yes
  • Heating Electric Heat Pump2: 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
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Topography: Level
  • Waterfront Features: Lake, Oceanview
  • Waterfront: No
  • Construction Type: Synthetic Stucco
  • Exterior Features: Balcony, Controlled Access, Storage, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Off Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 1135.0
  • 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

  • Parcel #: 47-00043-0000-00001-533

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2417.0

Multi Family

  • Number Of Units Total: 165

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 27, 2021
Sold by
Caroselli Cathleen and Caroselli Robert
Bought by
Wilson Kevin T
Seller's Agent
Linda Muller
Coldwell Banker Realty
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
List Price
$419,900
Sold Price
$419,900
Current Estimated Value
$671,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,870
Avg. Annual Appreciation
11.01%
Interest Rate
2.95%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 28, 2021
Sold by
Caroselli Robert and Caroselli Family Irrevocable T
Bought by
Wilson Kevin T
Seller's Agent
Linda Muller
Coldwell Banker Realty
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.95%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 19, 2015
Sold by
Mecann Thomas and Mecann Susan
Bought by
Caroselli Robert and Caroselli Family And Irrevocable Trust
Seller's Agent
Linda Muller
Coldwell Banker Realty
Buyer's Agent
Linda Muller
Burgdorff ERA Hillsdale
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Source: Public Records

Range of Values:

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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
Wilson Kevin T $419,900 --
Wilson Kevin T $419,900 Truex Abstract Inc
Wilson Kevin T $419,900 Old Republic Title
Caroselli Robert $380,000 Trident Abstract Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilson Kevin T --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $419,900 0.0% $812 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $419,900 +10.5% $812 / Sq Ft
10/19/2015 10/19/15 Sold $380,000 -- $735 / Sq Ft View Prior Sale
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 $2,705 $593,000 $465,300 $127,700
2024 $2,218 $553,100 $434,300 $118,800
2023 $2,218 $440,900 $336,600 $104,300
2022 $2,523 $421,200 $320,500 $100,700
2021 $2,417 $420,500 $318,000 $102,500
2020 $2,374 $384,100 $284,400 $99,700
2019 $2,417 $383,600 $284,400 $99,200
2018 $2,409 $383,600 $284,400 $99,200
2017 $2,237 $357,400 $263,700 $93,700
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

  • L

    Seller's Agent in 2021

    Linda Muller

    Coldwell Banker Realty

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About The Essex and Sussex

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22106226

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-533

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 533, 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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