NOT LISTED FOR SALE

787 Ocean Ave Unit 714 Long Branch, NJ 07740

Elberon Neighborhood

Estimated Value: $880,000 - $1,213,000

2 Beds
2 Baths
1,453 Sq Ft
$1,009/mo HOA Fee

Last Sold June 27, 2017

Last sale price $468,000 $322 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,543/month

57 Days on Market

Highlights

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

About This Home

As of June 2017

Wow, don't miss this newly renovated condo in one of the best oceanfront luxury buildings! This is a very spacious split layout, 2 bed/2 bath condo with stunning ocean, beach and city views. Brand new kitchen, open floor plan facing floor to ceiling windows, 28 ft living room, dining area, new engineered wood floors, crown molding, large balcony, tons of closets and lots of storage. This building offers direct beach access, pool, tennis, new gym, card room, 24 hr valet, on-site management; live-in super, restaurant and many more amenities. Sorry, no pets.

Last Listed By

Marlene Bibi Sultan

Preferred Properties Real Estate Listed on: 03/27/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,447

Year Built

  • Built in 1972

Lot Details

  • Beach Front

HOA Fees

  • $1,009 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Light Fixtures
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom Bathtub Only

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Oceanside
  • Balcony
  • Outdoor Storage

Schools

  • Gregory Elementary School
  • Long Branch Middle School

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 27-00087-0000-00001-0714

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, rec facility, sewer, snow removal, water
  • 192 Units
  • High-Rise Condominium
  • 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
  • Snow Removal

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,447

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,009 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Beachfront, Oceanfront, Oceanside, Oversized
  • ResoPoolFeatures: Common, Heated, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Professional Management, Extra Storage, Common Laundry, Beach, Association, Exercise Room, Community Room, Common Access, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Rec Facility, Sewer, Snow Removal, Water
  • Inclusions: Dishwasher, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Imperial House
  • Architectural Style: High Rise, One Level Unit, Condo
  • Reso Interior Features: Balcony, Dec Molding, 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
  • 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 Common2: 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 Lot Dimensions: x
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 192.0
  • Parking Visitor: Yes
  • Water Type Beachfront: Yes
  • SidingStucco: Yes
  • Common Elements Common Laundry: Yes
  • Lot Description Beachfront2: Yes
  • Style High Rise: Yes
  • Common Elements Beach: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 9
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • OtherRoomsOther2: Yes

Exterior Features

  • Roof: Flat
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • 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, Asphalt, Common, Off Street, Underground, Valet, Visitor, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Underground: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1009.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: x
  • Parcel #: 27-00087-0000-00001-0714
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7447.0

Multi Family

  • Number Of Units Total: 192

MLS Schools

  • Elementary School: Gregory

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Nimaroff Soraya
Bought by
Claremore Textiles Corp
Total Days on Market
57
Current Estimated Value
$1,010,372

Purchase Details

Closed on
May 30, 2018
Sold by
Bibi Sultan Marlene and Sultan David
Bought by
Nimaroff Soraya

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jul 11, 2017
Sold by
Bibi Sultan Marlene and Sultan David Sultan
Bought by
Nimaroff Soraya
Seller's Agent
Marlene Bibi Sultan
Preferred Properties Real Estate
Buyer's Agent
Paul Kiernan
Murphy Realty Preferred Homes
Sold Price
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Interest Rate
3.96%

Purchase Details

Closed on
Sep 7, 2007
Sold by
Abady Joseph and Bibi Sultan Marlene
Bought by
Bibi Sultan Marlene

Purchase Details

Closed on
Feb 6, 2002
Sold by
Markowitz Rachel
Bought by
Abady Joseph and Ribi Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.85%

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
Claremore Textiles Corp $620,000 Commonwealth Ttl Monmouth Ag
Nimaroff Soraya -- Not Availiable
Nimaroff Soraya $468,000 --
Bibi Sultan Marlene -- Coastal Title Agency Inc
Abady Joseph $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nimaroff Soraya --
Previous Owner Abady Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $468,000 -- $322 / 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 $11,183 $812,000 $478,500 $333,500
2023 $11,183 $720,100 $396,000 $324,100
2022 $9,359 $629,500 $328,900 $300,600
2021 $9,359 $597,300 $308,000 $289,300
2020 $10,529 $503,800 $236,500 $267,300
2019 $9,354 $445,000 $310,800 $134,200
2018 $8,230 $389,300 $260,000 $129,300
2017 $7,663 $371,800 $245,000 $126,800
2016 $7,447 $368,500 $245,000 $123,500
2015 $7,093 $318,500 $195,000 $123,500
2014 $8,596 $406,800 $134,200 $272,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21711504

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00087-0000-00001-0714