NOT LISTED FOR SALE

787 Ocean Ave Unit 202 Long Branch, NJ 07740

Elberon Neighborhood

Estimated Value: $527,000 - $571,390

1 Bed
1 Bath
1,020 Sq Ft
$1,064/mo HOA Fee

Last Sold March 26, 2024

Last sale price $525,000 $515 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,728/month

28 Days on Market

Highlights

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

About This Home

As of March 2024

Experience luxurious living as the owners of this lovingly maintained OCEANFRONT condominium. Imperial House condominiums offer the best combination of oceanfront living, casual elegance & hotel-like amenities Breathtaking ocean views are yours from large windows & floor to ceiling doors which open to newly renovated balcony from the living room. This spacious 1 BR unit features loads of closet space, recently renovated kitchen w/newer appliances, cabinets, backsplash & quartz counters, large bedroom, updated bath has oversized shower & granite sink/countertops. Direct private beach, 24-hr concierge, heated pool, in-house restaurant, tennis & pickleball courts, exercise room with sauna. Close to Pier Village, fine restaurants, shopping and transportation. NO PETS PER CONDO ASSOC RULES

Last Listed By

Rose Tawil

Brokers 3 Realtors License #8739112 Listed on: 01/22/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,394

Year Built

  • Built in 1973

Lot Details

  • Beach Front

HOA Fees

  • $1,064 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Common or Shared Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Dining Room
  • Ocean Views
  • Home Security System

Kitchen

  • New Kitchen
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Oceanside
  • Balcony
  • Exterior Lighting

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Zoned Cooling
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00087-0000-00001-0202

Community Details

Overview

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

Amenities

  • Common Area
  • Recreation Room
  • Laundry Facilities

Recreation

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

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,394

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,064 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanfront, Oceanside
  • ResoPoolFeatures: Heated, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Common Laundry, Beach, Association, Exercise Room, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Pool, Rec Facility, Snow Removal
  • Inclusions: AC Units, Stove, Refrigerator
  • Subdivision Name: Imperial House
  • Architectural Style: High Rise
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Balcony, Sliding Door
  • Year Built: 1973
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: 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 Exercise Room: Yes
  • Common Elements Pool4: 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: 0.38
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Exterior Security System3: Yes
  • Exterior Rec Area: Yes
  • Water Type Beachfront: Yes
  • Common Elements Common Laundry: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.38
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Rec Area, Security System, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Open, Common, Off Street, Underground
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 1064.28
  • 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 #: 27-00087-0000-00001-0202
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7394.0

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Apr 3, 2024
Sold by
Abramson Anne and Cosentino Lou
Bought by
Grazi Denise and Grazi Ronald
Seller's Agent
Rose Tawil
Brokers 3 Realtors
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%
Total Days on Market
28
Views
34
Current Estimated Value
$549,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,848
Avg. Annual Appreciation
4.29%
Original Mortgage
$420,000
Outstanding Balance
$417,026
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$132,822

Purchase Details

Closed on
Jul 21, 2021
Sold by
Spagnuolo August
Bought by
Abramson Anne and Cosentino Lou

Purchase Details

Listed on
Mar 2, 2018
Closed on
Aug 1, 2018
Sold by
Nochimson Winnie G
Bought by
Spagnuolo August
Seller's Agent
Marlene Bibi Sultan
Preferred Properties Real Estate
Buyer's Agent
Anthony Marino
Weichert Realtors-Rumson
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Grazi Denise $525,000 First American Title Insurance
Abramson Anne $420,000 Vital Abstract Llc
Spagnuolo August $325,000 Trident Abstract Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grazi Denise $420,000
Previous Owner Spagnuolo August $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $525,000 -10.3% $515 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $585,000 +80.0% $574 / Sq Ft
08/10/2018 08/10/18 Sold $325,000 -- $319 / 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 $7,394 $557,600 $435,000 $122,600
2023 $7,394 $476,100 $360,000 $116,100
2022 $7,208 $398,900 $299,000 $99,900
2021 $7,208 $360,200 $280,000 $80,200
2020 $6,575 $314,600 $215,000 $99,600
2019 $6,792 $323,100 $225,000 $98,100
2018 $6,334 $299,600 $205,000 $94,600
2017 $5,829 $282,800 $190,000 $92,800
2016 $5,920 $292,900 $190,000 $102,900
2015 $5,966 $267,900 $165,000 $102,900
2014 $6,035 $285,600 $94,200 $191,400
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401901

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00001-0202