NOT LISTED FOR SALE

Ocean Cove Condominiums 717 Ocean Ave Unit 408 Long Branch, NJ 07740

Elberon Neighborhood

Estimated Value: $1,486,000 - $1,569,462

2 Beds
2 Baths
1,730 Sq Ft
$1,385/mo HOA Fee

Last Sold August 05, 2021

Last sale price $1,399,900 $809 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,333/month

166 Days on Market

Highlights

  • Valet Parking
  • Community Beach Access
  • Fitness Center
  • Beach Front
  • Ocean View
  • Heated In Ground Pool

About This Home

As of August 2021

SPECTACULAR DOESN'T BEGIN TO DESCRIBE THIS COMPLETELY RENOVATED ONE-LEVEL RESIDENCE WITH WOW OCEAN VIEWS FROM EVERY ROOM! START SUMMER 2021 IN BLISS! SPLIT TWO-BR FLOOR PLAN LAYOUT WITH ADDITIONAL DEN AREA, COFFERED CEILINGS, WOOD PLANK FLOORS, RECESSED LIGHTING,. NEW EAT-IN KITCHEN, APPLIANCES, GRANITE COUNTERTOPS, OVERSIZED WALK-IN CLOSETS, 27' LONG BALCONY & LAUNDRY ROOM. EXCEPTIONAL BUILDING AMENITIES INCLUDE DIRECT ACCESS BEACH, POOL, 24-HR UNDERGROUND VALET PARKING, TENNIS COURT, GYM, CARD & PARTY ROOM, RESTAURANT.

Last Listed By

Laurie Koziol

Laurie Koziol Real Estate Inc License #8438936 Listed on: 12/29/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,800

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $1,385 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Visitor Parking

Home Design

  • Flat Roof Shape
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Light Fixtures
  • Blinds
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Family Room
  • Breakfast Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Engineered Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Outdoor Storage

Schools

  • Long Branch Middle School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00087-0000-00004-0408

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, rec facility, snow removal
  • High-Rise Condominium
  • Ocean Cove Subdivision
  • On-Site Maintenance

Amenities

  • Valet Parking
  • Common Area
  • Community Center
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Beach
  • Snow Removal

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,800

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,385 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Ocean Block, Beachfront, Oceanfront, Oceanside
  • ResoPoolFeatures: Common, Heated, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Beach, Association, Exercise Room, Community Room, Boardwalk, Common Access, Swimming, Pool, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Security System, Refrigerator, Screens, Garage Door Opener
  • Subdivision Name: Ocean Cove
  • Reso Accessibility Features: Wheelchair Access
  • Architectural Style: High Rise, One Level Unit, Condo
  • Reso Flooring: Wood, Engineered
  • Reso Interior Features: Balcony, Ceilings - Beamed, Dec Molding, Elevator, Sliding Door, Wet Bar
  • Year Built: 1984
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Floor - Engineered3: Yes
  • GreatFamily Room Sliding Door4: Yes
  • GreatFamily Room Floor - Engineered4: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Garage Underground Garage: Yes
  • Pool Common2: Yes
  • Pool Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 0.71
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Rooms Laundry: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Handicap Acc: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Special Needs Wheelchair Access: Yes
  • Rooms Breakfast: Yes
  • Kitchen BayBow Window4: Yes
  • Exterior Security System3: Yes
  • Parking Visitor: Yes
  • Interior Ceilings - Beamed: Yes
  • Allowable Elevator4: Yes
  • Water Type Beachfront: Yes
  • Dining Room Built-Ins3: Yes
  • Siding Stucco - Synthetic: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Parking Valet: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Common Elements Boardwalk: Yes
  • Heating Electric Heat Pump2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Other, None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.71
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Construction Type: Synthetic Stucco
  • Exterior Features: Balcony, Outdoor Shower, Security System, Storage, Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Common, Covered, Underground, Valet, Visitor
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1385.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 30927.6
  • Parcel #: 27-00087-0000-00004-0408
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jul 28, 2021
Sold by
The Jay And Linda Grunin Foundation
Bought by
Minzer Isreal and Minzer Miriam
Seller's Agent
Laurie Koziol
Laurie Koziol Real Estate Inc
Buyer's Agent
Meyer Edery
Meyer Edery Real Estate Agency INC.
List Price
$1,850,000
Sold Price
$1,399,900
Premium/Discount to List
-$450,100
-24.33%
Total Days on Market
166
Current Estimated Value
$1,517,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,587
Avg. Annual Appreciation
2.86%
Original Mortgage
$1,012,500
Outstanding Balance
$932,050
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$624,534

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jun 11, 2021
Sold by
Grunin Jay A
Bought by
The Jay And Linda Grunin Foundation and The Grunin Foundation
Seller's Agent
Laurie Koziol
Laurie Koziol Real Estate Inc
Buyer's Agent
Meyer Edery
Meyer Edery Real Estate Agency INC.
List Price
$1,850,000
Sold Price
$1,399,900
Premium/Discount to List
-$450,100
-24.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Outstanding Balance
$932,050
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$624,534

Range of Values:

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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
Minzer Isreal $1,399,900 Landmark Abstract Agency Llc
The Jay And Linda Grunin Foundation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minzer Isreal $1,012,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $1,399,900 0.0% $809 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
05/29/2021 05/29/21 Price Changed $1,399,900 -12.5% $809 / Sq Ft
01/25/2021 01/25/21 Price Changed $1,599,000 -13.6% $924 / Sq Ft
12/28/2020 12/28/20 For Sale $1,850,000 -- $1,069 / 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 $18,423 $1,218,100 $936,000 $282,100
2023 $18,423 $1,186,300 $915,200 $271,100
2022 $14,511 $940,200 $696,800 $243,400
2021 $14,511 $725,200 $520,000 $205,200
2020 $13,274 $635,100 $416,000 $219,100
2019 $12,389 $589,400 $420,000 $169,400
2018 $12,329 $583,200 $420,000 $163,200
2017 $11,956 $580,100 $420,000 $160,100
2016 $12,247 $606,000 $450,000 $156,000
2015 $10,712 $481,000 $325,000 $156,000
2014 $10,054 $475,800 $119,800 $356,000
Source: Public Records

Agents Affiliated with this Home

  • Laurie Koziol

    Seller's Agent in 2021

    Laurie Koziol

    Laurie Koziol Real Estate Inc

    (843) 607-8380

    1 in this area

    15 Total Sales

    Laurie Koziol
    Section Image
  • Meyer Edery

    Buyer's Agent in 2021

    Meyer Edery

    Meyer Edery Real Estate Agency INC.

    (732) 870-6666

    11 in this area

    24 Total Sales

    Meyer Edery
    Section Image
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About Ocean Cove Condominiums

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22043916

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00004-0408

New Jersey Monmouth County Long Branch 07740 Elberon

717 Ocean Ave Unit 408, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 717 Ocean Ave Unit 408, Long Branch, NJ 07740 since 29 December 2020 and is currently estimated at $1,517,487, approximately $877 per square foot. This property was built in 1984. 717 Ocean Ave Unit 408 is a home located in Monmouth County with nearby schools including Long Branch High School, Holy Trinity School, and Bet Yaakov of the Jersey Shore.

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.