NOT LISTED FOR SALE

787 Ocean Ave Unit 707 Long Branch, NJ 07740

Elberon Neighborhood

Estimated Value: $587,512 - $646,000

1 Bed
1 Bath
-- Sq Ft
$711/mo HOA Fee

Last Sold August 30, 2018

Last sale price $358,000

Est. 73% increase in value since last sale

Current estimated payment $4,800/month

15 Days on Market

Highlights

  • Valet Parking
  • Community Beach Access
  • Heated In Ground Pool
  • Beach Front
  • Fitness Center
  • Lake On Lot

About This Home

As of August 2018

Here it is! A beautiful sunny south-side large one bedroom condo on the beach with miles and miles of gorgeous ocean views boasting over 1000 sq. ft. of living space that includes a separate dining area, updated kitchen, shower and fabulous built-ins throughout with a large balcony that has stunning ocean and lake views. The Imperial House offers 24 hr valet, concierge, live-in-super, on-site restaurant and management, updated gym, sauna, club house/card room, tennis, heated pool, direct beach access, above and underground parking, bike room, and many more amenities. Room dimensions approx. Sorry, no pets.

Last Listed By

Marlene Bibi Sultan

Preferred Properties Real Estate Listed on: 07/23/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 1972

Lot Details

  • Beach Front
  • Lake Front

HOA Fees

  • $711 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Oversized Parking
  • Visitor Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Track Lighting
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • New Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • 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
  • Lake On Lot
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 27-00087-0000-00001-0707

Community Details

Overview

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

Amenities

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

Recreation

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

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,511

Year Built

Built in 1972

Lot Details

0

HOA Fees

$711 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Oversized, Beachfront, Lake, Oceanfront, Oceanside
  • ResoPoolFeatures: Heated, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Extra Storage, Common Laundry, Beach, Association, Exercise Room, Community Room, Swimming, Pool, Clubhouse, Common Area
  • Reso Association Fee Includes: Other - See Remarks, Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Snow Removal, Water
  • Inclusions: AC Units, Track Lighting, Window Treatments, Blinds/Shades, Dishwasher, Electric Cooking, Microwave, Stove, Refrigerator
  • Subdivision Name: Imperial House
  • Architectural Style: High Rise, Condo
  • Reso Interior Features: Balcony, Built-Ins, Sliding Door
  • Year Built: 1972
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: 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
  • Fee Includes Rec Facility: Yes
  • Location Middle School: Long Branch
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Balcony: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Lot Description Oversized3: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Garage Oversized: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Living Room Built-Ins2: Yes
  • General Property Info # UnitsBldgs: 196.0
  • Parking Visitor: Yes
  • Water Type Beachfront: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Included Track Lighting: Yes
  • Common Elements Common Laundry: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Parking Valet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Roof: Shingle, Flat
  • Topography: Level
  • Waterfront Features: Beachfront, Lake, Oceanfront, Oceanside/Beach Blk
  • Waterfront: Yes
  • Exclusions: personal belongings
  • Exterior Features: Balcony, Storage, Swimming, Tennis Court(s)
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Open, Off Street, Underground, Valet, Visitor, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking Open: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 711.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00087-0000-00001-0707
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5511.0

Multi Family

  • Number Of Units Total: 196

MLS Schools

  • Elementary School: Anastasia
  • High School: Hillel High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 28, 2018
Sold by
Sherman Gary and Sherman Gloria
Bought by
Atomi Holdings Llc
Seller's Agent
Marlene Bibi Sultan
Preferred Properties Real Estate
Buyer's Agent
Marlene Bibi Sultan
Prudential Zack Shore Properties
Sold Price
$358,000
Total Days on Market
15
Current Estimated Value
$617,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,878
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Silvers Alan
Bought by
Sherman Gary and Sherman Gloria

Purchase Details

Closed on
Jul 14, 1999
Sold by
Rathe Adelle
Bought by
Silvers Alan and Silvers Shirley

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 Buyer Sale Price Title Company
Atomi Holdings Llc $358,000 Fidelity National Title
Sherman Gary $235,000 --
Silvers Alan $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman Gloria $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $358,000 -- --
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 $7,968 $602,300 $478,500 $123,800
2023 $7,968 $513,100 $396,000 $117,100
2022 $8,012 $429,300 $328,900 $100,400
2021 $8,012 $400,400 $308,000 $92,400
2020 $7,342 $351,300 $236,500 $114,800
2019 $7,401 $352,100 $254,300 $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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21829171

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00001-0707