NOT LISTED FOR SALE

787 Ocean Ave Unit 209 Long Branch, NJ 07740

Estimated Value: $398,000 - $562,000

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

Last Sold July 25, 2024

Last sale price $400,000 $392 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,413/month

105 Days on Market

Highlights

  • Indoor Spa
  • Waterfront
  • Home Office
  • Outdoor Pool
  • 0.38 Acre Lot
  • Balcony

About This Home

As of July 2024

Discover a prime opportunity at Imperial House Condominiums: a 1020 sq ft, 1-bedroom, 2nd-floor apartment with ocean views. This space is a blank canvas, waiting for your creative touch to make it your own dream home. Enjoy a range of amenities, including a pool, gym, sauna, pickleball courts, and beach access. Benefit from two parking spots, a storage room, 24-hour concierge, valet, doorman, community room, tennis court, and more. Located near Pier Village, offering fine dining, shopping, and transportation. Create your coastal oasis with stunning views in this prime location.

Last Agent to Sell the Property

Joe Shalom

Cathy Ades Real Estate LLC License #2190902 Listed on: 01/31/2024

Last Buyer's Agent

Joseph Shalom

Silvera Realty Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,215

Year Built

  • Built in 1973

Lot Details

  • Waterfront

HOA Fees

  • $1,064 Monthly HOA Fees

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Dining Room
  • Home Office
  • Indoor Spa
  • Home Gym
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Dinette

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • High-Rise Condominium
  • Imperial House Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-00087-0000-00001-0209

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,215

Year Built

Built in 1973

Lot Details

0.38 Acres

HOA Fees

$1,064 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: Imperial House
  • Architectural Style: High Rise, One Level Unit
  • Reso Interior Features: Balcony, Elevator, Fitness, Handicap Eqp, Hot Tub, Sliding Door
  • Year Built: 1973
  • Contract Info List PriceSqFt: 440.2
  • 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
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.38
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Interior Balcony: Yes
  • Kitchen Eat-In: Yes
  • Interior Fitness: Yes
  • Interior Hot Tub: Yes
  • Style High Rise: Yes
  • Interior Handicap Eqp: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Features-Interior:Elevator: Yes
  • Other Rooms:Study: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.38
  • Waterfront: Yes
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 1064.27
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 27-00087-0000-00001-0209

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7215.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jun 25, 2024
Sold by
Seruya Robin and Laniado Adele
Bought by
Akerman Michael and Kaye Rachel
Seller's Agent
Joe Shalom
Cathy Ades Real Estate LLC
Buyer's Agent
Joe Shalom
Cathy Ades Real Estate LLC
List Price
$625,000
Sold Price
$400,000
Premium/Discount to List
-$225,000
-36%
Views
64
Current Estimated Value
$495,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,888
Avg. Annual Appreciation
13.73%
Original Mortgage
$320,000
Outstanding Balance
$315,268
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$180,620

Purchase Details

Closed on
Nov 17, 2014
Sold by
Shalom Moss
Bought by
Shalom Jack and Shalom Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akerman Michael $400,000 Main Street Title
Shalom Jack -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akerman Michael $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $400,000 -10.9% $392 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $449,000 -4.3% $440 / Sq Ft
04/01/2024 04/01/24 Price Changed $469,000 -4.3% $460 / Sq Ft
03/25/2024 03/25/24 Price Changed $489,999 -2.0% $480 / Sq Ft
03/01/2024 03/01/24 Price Changed $499,999 -7.2% $490 / Sq Ft
02/13/2024 02/13/24 Price Changed $539,000 -13.8% $528 / Sq Ft
01/31/2024 01/31/24 For Sale $625,000 -- $613 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,384 $466,000 $370,000 $96,000
2024 $7,215 $545,500 $435,000 $110,500
2023 $7,215 $464,600 $360,000 $104,600
2022 $5,587 $388,700 $299,000 $89,700
2021 $5,587 $362,500 $280,000 $82,500
2020 $6,636 $317,500 $215,000 $102,500
2019 $6,785 $322,800 $225,000 $97,800
2018 $6,219 $294,200 $200,000 $94,200
2017 $5,511 $267,400 $175,000 $92,400
2016 $5,356 $265,000 $175,000 $90,000
2015 $5,011 $225,000 $135,000 $90,000
2014 $6,035 $285,600 $94,200 $191,400
Source: Public Records

Agents Affiliated with this Home

  • Joe Shalom

    Seller's Agent in 2024

    Joe Shalom

    Cathy Ades Real Estate LLC

    (917) 622-8444

    2 in this area

    7 Total Sales

    Joe Shalom
    Section Image

  • J

    Buyer's Agent in 2024

    Joseph Shalom

    Silvera Realty Co.

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22402691

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00001-0209

New Jersey Monmouth County Long Branch 07740

787 Ocean Ave Unit 209, Long Branch, NJ

Not Listed for Sale

Condos

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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