NOT LISTED FOR SALE

405 Ocean Ave Bradley Beach, NJ 07720

Estimated Value: $3,138,000 - $3,491,867

8 Beds
7 Baths
4,932 Sq Ft
$679/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $2,900,000 $588 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $19,657/month

130 Days on Market

Highlights

  • Ocean Front
  • 2 Fireplaces
  • Parking Storage or Cabinetry
  • Indoor Pool
  • 3 Car Detached Garage
  • Forced Air Zoned Heating and Cooling System

About This Home

As of August 2023

A rare opportunity to find a legal multi family oceanfront property in Monmouth County. The ultimate beach house! This two family, direct ocean front property offers multiple options for easy beach living. Two townhouse styled living spaces, one with 3 levels one with 2 levels. Both with incredible ocean views.

Last Agent to Sell the Property

Kenneth Rickel

Space & Company License #0893268 Listed on: 03/19/2023

Last Buyer's Agent

Kate Jahns-Rossi

EXP Realty License #1112578

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,145

Year Built

  • Built in 2000

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,932 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Ocean Views
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms

Pool

  • Indoor Pool

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08-00052-0000-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,145

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Indoor
  • Subdivision Name: None
  • Year Built: 2000
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Garage Oversized: Yes
  • PoolIndoor: Yes
  • Cooling Multi Units: Yes
  • Garage Storage Above: Yes
  • Exterior Ocean View: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplaces: 2
  • Stories: 3
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront Features: Oceanview
  • Waterfront: Yes
  • Exterior Features: Ocean View
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Off Street, Detached, Oversized, Storage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Baseboard, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-00052-0000-00019
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 20145.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2023
Closed on
Aug 18, 2023
Sold by
Dios Dolores and Dios Thomas
Bought by
Lawler David J and Lawler Alice B
Seller's Agent
Kenneth Rickel
Space & Company
Buyer's Agent
Kate Jahns-Rossi
EXP Realty
List Price
$3,699,000
Sold Price
$2,900,000
Premium/Discount to List
-$799,000
-21.6%
Views
764
Current Estimated Value
$3,347,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,717
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Sep 21, 2022
Sold by
Dolores Dios
Bought by
Dios Dolores and Coniclin Thomas

Purchase Details

Closed on
May 6, 2019
Sold by
Thomas Dolores Dios and Conklin Thomas A
Bought by
405 Ocean Avenue Llc

Purchase Details

Closed on
Aug 31, 2018
Sold by
Dios Dolores and Conklin Thomas A
Bought by
Dios Dolores and Conklin Thomas A

Purchase Details

Closed on
Jan 6, 2017
Sold by
Dios Dolores and Conklin Thomas
Bought by
Dios Dolores

Purchase Details

Closed on
May 14, 2014
Sold by
Dios Dolores
Bought by
Dios Dolores

Purchase Details

Closed on
Apr 22, 1998
Sold by
Cicalese Joseph
Bought by
Dios Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.04%
Mortgage Type
Commercial
Source: Public Records

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
Lawler David J $2,900,000 Stewart Title
Dios Dolores -- --
Dios Dolores -- None Listed On Document
405 Ocean Avenue Llc -- None Available
Dios Dolores -- None Available
Dios Dolores -- None Available
Dios Dolores -- Old Republic Title
Dios Dolores $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dios Dolores $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $2,900,000 -7.2% $588 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $3,125,000 -3.8% $634 / Sq Ft
06/20/2023 06/20/23 Price Changed $3,249,000 -6.1% $659 / Sq Ft
04/18/2023 04/18/23 Price Changed $3,459,000 -6.5% $701 / Sq Ft
03/18/2023 03/18/23 For Sale $3,699,000 -- $750 / 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
2025 $25,193 $2,933,000 $1,883,500 $1,049,500
2024 $22,793 $2,747,300 $1,743,700 $1,003,600
2023 $22,793 $2,414,500 $1,485,000 $929,500
2022 $14,528 $1,925,900 $1,148,500 $777,400
2021 $14,528 $1,485,300 $907,500 $577,800
2020 $16,482 $1,348,800 $790,000 $558,800
2019 $15,960 $1,260,700 $692,800 $567,900
2018 $17,488 $1,263,600 $692,800 $570,800
2017 $17,371 $1,228,500 $662,800 $565,700
2016 $17,058 $1,220,200 $662,800 $557,400
2015 $16,762 $1,200,700 $662,800 $537,900
2014 $20,068 $1,450,000 $750,000 $700,000
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Rickel

    Seller's Agent in 2023

    Kenneth Rickel

    Space & Company

    (732) 245-4833

    1 in this area

    101 Total Sales

    Kenneth Rickel
    Section Image
  • Kate Jahns-Rossi

    Buyer's Agent in 2023

    Kate Jahns-Rossi

    EXP Realty

    (254) 721-3621

    1 in this area

    53 Total Sales

    Kate Jahns-Rossi
    Section Image

  • K

    Buyer's Agent in 2023

    Kate Jahns

    Weichert Realtors-Sea Girt

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22307319

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00052-0000-00019

New Jersey Monmouth County Bradley Beach 07720

405 Ocean Ave, Bradley Beach, NJ

This home is located at 405 Ocean Ave, Bradley Beach, NJ 07720 since 19 March 2023 and is currently estimated at $3,347,717, approximately $678 per square foot. This property was built in 2000. 405 Ocean Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and St. Rose Grammar School.

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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