$759,000
PENDING

The Essex and Sussex 700 Ocean Ave Unit 531 Spring Lake, NJ 07762

Estimated payment $5,392/month

Total Views 7,254
1 Bed
1 Bath
423 Sq Ft
$1,794 Price per Sq Ft

Highlights

  • Valet Parking
  • Waterfront
  • Forced Air Heating and Cooling System
  • Active Adult
  • Balcony

About This Home

Step into your own private paradise at The Essex & Sussex, the premier oceanfront gem of Spring Lake. Offering an unbeatable blend of tranquility and luxury, this beautifully furnished residence, boasts a luxury-coastal kitchenette, southern exposure and sparkling water views of the Spring Lake and Atlantic Ocean. The Essex & Sussex pampers residents with resort-style amenities, including elegant on-site dining and bar service, a state-of-the-art fitness center, library, billiards room, and shared gourmet kitchenalongside concierge and valet services designed to elevate your coastal lifestyle. Furniture included! Make this your sanctuary by the sea.

Listing Agent

Aileen Byrne-Fahy

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0450256 Listed on: 09/20/2025

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 2002

HOA Fees

  • $1,216 Monthly HOA Fees

Parking

  • Shared Driveway

Interior Spaces

  • 423 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Waterfront
  • Upper Level

Listing and Financial Details

  • Exclusions: Watercolor over the desk, dark gray slipper chair
  • Assessor Parcel Number 47-00043-0000-00001-531

Community Details

Overview

  • Active Adult
  • The Essex&Sussex Subdivision

Amenities

  • Valet Parking

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,345

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,216 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • Reso View: Waterview
  • Subdivision Name: The Essex&Sussex
  • Architectural Style: Upper Level
  • Year Built: 2002
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Valet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Other
  • Acres: 0.01
  • Waterfront: Yes
  • Exclusions: Watercolor over the desk, dark gray slipper chair
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Valet
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1216.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 47-00043-0000-00001-531

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2345.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Map

About The Essex and Sussex

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,345 $514,300 $380,700 $133,600
2024 $1,664 $479,600 $355,300 $124,300
2023 $1,664 $330,900 $275,400 $55,500
2022 $1,861 $316,400 $262,300 $54,100
2021 $1,861 $310,100 $260,100 $50,000
2020 $1,735 $280,800 $232,700 $48,100
2019 $2,015 $319,900 $232,700 $87,200
2018 $2,008 $319,800 $232,700 $87,100
2017 $1,865 $298,000 $215,700 $82,300
2016 $1,864 $272,900 $221,600 $51,300
2015 $1,835 $262,900 $211,600 $51,300
2014 $1,305 $190,300 $139,000 $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2025 10/07/25 Pending -- -- --
09/20/2025 09/20/25 For Sale $759,000 +43.2% $1,794 / Sq Ft
08/18/2023 08/18/23 Sold $530,000 -6.2% $1,253 / Sq Ft View Prior Sale
07/27/2023 07/27/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $565,000 +121.6% $1,336 / Sq Ft
09/28/2018 09/28/18 Sold $255,000 0.0% $603 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Rented $1,675 +1.5% --
10/11/2012 10/11/12 Rented $1,650 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $255,000 Chicago Title Insurance Comp
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22528410

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00043-0000-00001-531

New Jersey Monmouth County Spring Lake 07762

700 Ocean Ave Unit 531, Spring Lake, NJ

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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Aileen Byrne-Fahy
Listing Agent
Aileen Byrne-Fahy
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Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
(732) 639-5378