R
Seller's Agent in 2024
Rose Tawil
Brokers 3 Realtors
(732) 996-4395
42 in this area
57 Total Sales
Ocean Cove Condominiums 717 Ocean Ave Unit 707 Long Branch, NJ 07740
Elberon NeighborhoodEstimated Value: $2,096,000 - $2,254,000
3
Beds
2.5
Baths
2,130
Sq Ft
$1,948/mo
HOA Fee
Highlights
- Valet Parking
- Community Beach Access
- Fitness Center
- Beach Front
- Ocean View
- Heated In Ground Pool
About This Home
As of November 2024SPECTACULAR VIEWS! This beautiful unit located in the luxurious Ocean Cove building incudes a cabana and enjoys southern exposure! Bright & spacious floor plan includes 3 bedrooms, 2.5 baths, open concept living room and dining room with built-ins and sliders to large balcony, kitchen includes breakfast area with beautiful ocean views, 3rd bedroom with sliders to balcony currently used as office with built-ins, lots of closet space including multiple walk-in closets, washer/dryer in unit. Amenities include direct beach access, restaurant, pool, gym, tennis court, valet parking, 24-hour doorman. Conveniently located to fine restaurants, major transportation and shopping.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,070
Year Built
- Built in 1984
Lot Details
- Beach Front
- Landscaped
HOA Fees
- $1,948 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Visitor Parking
Property Views
Home Design
- Flat Roof Shape
- Stucco Exterior
Interior Spaces
- 2,130 Sq Ft Home
- 1-Story Property
- Wet Bar
- Built-In Features
- Crown Molding
- Light Fixtures
- Gas Fireplace
- Blinds
- Bay Window
- Sliding Doors
- Entrance Foyer
- Living Room
- Dining Room
- Marble Flooring
- Home Security System
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Electric Cooktop
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Whirlpool Bathtub
- Primary Bathroom Bathtub Only
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Outdoor Pool
Outdoor Features
- Oceanside
- Basketball Court
- Deck
- Terrace
- Outdoor Storage
Schools
- Long Branch Middle School
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating Available
- Electric Water Heater
Additional Features
- Handicap Accessible
- Upper Level
Listing and Financial Details
- Assessor Parcel Number 27-00087-0000-00004-0707
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
- Community Deck or Porch
- Common Area
- Community Center
- Recreation Room
Recreation
- Community Boardwalk
- Community Beach Access
- Beach
- Community Basketball Court
- Recreational Area
- Snow Removal
Security
- Security Guard
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Nov 6, 2024
Sold by
712 Broadway Llc
Bought by
Mg707 Llc
Seller's Agent
Rose Tawil
Brokers 3 Realtors
Buyer's Agent
Rose Tawil
Brokers 3 Realtors
List Price
$2,500,000
Sold Price
$2,236,000
Premium/Discount to List
-$264,000
-10.56%
Total Days on Market
279
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,857
Avg. Annual Appreciation
-7.33%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mg707 Llc | $2,236,000 | Catic Title | |
| Mg707 Llc | $2,236,000 | Catic Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $2,236,000 | -10.6% | $1,050 / Sq Ft |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $2,500,000 | +25.0% | $1,174 / Sq Ft |
| 08/31/2022 08/31/22 | Sold | $2,000,000 | +11.4% | $939 / Sq Ft |
| 07/28/2022 07/28/22 | Pending | -- | -- | -- |
| 07/20/2022 07/20/22 | For Sale | $1,795,000 | -- | $843 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $21,070 | $1,423,000 | $990,000 | $433,000 |
| 2023 | $21,070 | $1,356,700 | $968,000 | $388,700 |
| 2022 | $17,315 | $1,066,500 | $737,000 | $329,500 |
| 2021 | $17,315 | $865,300 | $550,000 | $315,300 |
| 2020 | $16,141 | $772,300 | $440,000 | $332,300 |
| 2019 | $13,150 | $625,600 | $420,000 | $205,600 |
| 2018 | $13,067 | $618,100 | $420,000 | $198,100 |
| 2017 | $12,661 | $614,300 | $420,000 | $194,300 |
| 2016 | $12,920 | $601,000 | $450,000 | $151,000 |
| 2015 | $11,453 | $514,300 | $325,000 | $189,300 |
| 2014 | $14,823 | $701,500 | $231,100 | $470,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rose Tawil
-
Corrie Lewicki
C
Seller's Agent in 2022
Corrie Lewicki
EXP Realty
(866) 201-6210
1 in this area
1 Total Sale
About Ocean Cove Condominiums
Map
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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22400210
APN: 27-00087-0000-00004-0707
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