$380,000
SOLD OCT 8, 2024

787 Ocean Ave Unit 1812 Long Branch, NJ 07740

1 Bed
2 Baths
825 Sq Ft
$897/mo HOA Fee

Recently Sold

$461 Per Sq Ft

46% Below List Price

158 Days on Market

Highlights

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

About This Home

As of October 2024

PRICE IMPROVEMENT! Rarely offered at this new price on the 18th floor in an oceanfront complex! Welcome to luxurious beachfront living with breathtaking Views. This 1-bedroom, 2-full bathroom fixer-upper offers panoramic views of the Atlantic Ocean, north-facing view toward NYC providing the perfect backdrop for a serene coastal lifestyle. Open-concept living with over-sized windows allowing for lots of natural light with stunning ocean views from every angle. This versatile space is yours to transform to your own specifications. The primary bedroom has a full bath. The additional full bathroom is accessed from the main living area for guests. Residents of Imperial House enjoy access to a wealth of amenities, including outdoor pool, fitness center, concierge service, direct beach access, covered parking, 24-hour security, Valet attendants, fitness center, sauna, tennis courts, mail room, bicycle storage room, underground garage, additional storage unit. See documents link for full amenities list. Building is subject to special assessment and this unit is priced to sell!

Last Agent to Sell the Property

Bob Layton

Burke&Manna Real Estate Agency License #1006712 Listed on: 03/15/2024

Last Buyer's Agent

Bob Layton

Burke&Manna Real Estate Agency License #1006712 Listed on: 03/15/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,416

Year Built

  • Built in 1972

HOA Fees

  • $897 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 825 Sq Ft Home
  • 1-Story Property
  • Ocean Views
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Balcony
  • Beach Front

Listing and Financial Details

  • Assessor Parcel Number 27-00087-0000-00001-1812

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, rec facility, snow removal
  • Imperial House Subdivision
  • On-Site Maintenance

Amenities

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

Recreation

  • Community Beach Access
  • Beach
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Recreational Area
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,416

Year Built

Built in 1972

Lot Details

0

HOA Fees

$897 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanfront
  • ResoPoolFeatures: Heated, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Common Laundry, Beach, Association, Exercise Room, Community Room, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal
  • Inclusions: Microwave, Refrigerator
  • Subdivision Name: Imperial House
  • Architectural Style: One Level Unit
  • Property Attached Yn: Yes
  • Year Built: 1972
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: 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 Heated3: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Lot Description Oceanfront2: Yes
  • Garage Direct Entry: Yes
  • Fee Includes Rec Facility: Yes
  • General Property Info Acreage: 0.38
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Cooling Electric3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Exterior Rec Area: Yes
  • Water Type Beachfront: Yes
  • Siding Stucco - Cement: Yes
  • Common Elements Common Laundry: Yes
  • Lot Description Beachfront2: Yes
  • Common Elements Beach: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.38
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Rec Area, Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Covered, Off Street, Underground, Valet, Direct Access
  • General Property Info:Garage: Yes
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 897.0
  • 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: 16552.8
  • Parcel #: 27-00087-0000-00001-1812
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8416.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Sep 30, 2024
Sold by
Hollander Lorraine
Bought by
Nachum Shimon and Nachum Nelly
Seller's Agent
Bob Layton
Burke&Manna Real Estate Agency
Buyer's Agent
Bob Layton
Burke&Manna Real Estate Agency
List Price
$699,000
Sold Price
$380,000
Premium/Discount to List
-$319,000
-45.64%
Total Days on Market
158
Views
114
Current Estimated Value
$518,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,383
Avg. Annual Appreciation
38.66%
Source: Public Records

Range of Values:

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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
Executors Deed $380,000 Trident Abstract Title
Executors Deed $380,000 Trident Abstract Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $380,000 -22.3% $461 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $489,000 -18.4% $593 / Sq Ft
04/30/2024 04/30/24 Price Changed $599,000 -7.1% $726 / Sq Ft
04/01/2024 04/01/24 Price Changed $644,900 -7.7% $782 / Sq Ft
03/15/2024 03/15/24 For Sale $699,000 -- $847 / 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
2025 $9,794 $601,400 $481,000 $120,400
2024 $8,416 $637,200 $522,000 $115,200
2023 $8,416 $541,900 $432,000 $109,900
2022 $7,838 $455,700 $358,800 $96,900
2021 $7,838 $426,600 $336,000 $90,600
2020 $7,275 $348,100 $258,000 $90,100
2019 $5,995 $285,200 $202,500 $82,700
2018 $5,911 $279,600 $200,000 $79,600
2017 $5,216 $253,100 $175,000 $78,100
2016 $5,075 $251,100 $175,000 $76,100
2015 $4,451 $211,100 $135,000 $76,100
2014 $4,631 $231,000 $76,200 $154,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22407218

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00001-1812