NOT LISTED FOR SALE

55 Melrose Terrace Unit 114 Long Branch, NJ 07740

Estimated Value: $721,465 - $1,065,000

2 Beds
2 Baths
1,207 Sq Ft
$659/mo HOA Fee

Last Sold October 31, 2018

Last sale price $505,000 $418 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,161/month

74 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Balcony
  • Heated In Ground Pool
  • Terrace
  • Ceiling height of 9 feet on the main level

About This Home

As of October 2018

Great opportunity to live by the beach, boardwalk and beautiful Pier Village shopping and restaurants! This aggressively priced, spacious, and meticulously kept 2/bed 2/bath Pier Village condo with terrace features a open floor plan with a living/dining area, 9ft+ ceilings, gourmet kitchen with stainless appliances and Caesar-stone countertop. The large master bedroom is complimented with his and her closets (one walk-in) and a luxurious on-suite. Wood floors in main living area, and in-unit washer & dryer complete this 1200+ square foot unit. Building has outdoor & underground garage assigned parking and amenities include access to pool and fitness center. This well appointed unit is priced to sell and available for a quick closing! Pets and yearly rentals allowed. A MUST SEE!!

Last Listed By

Rashel Plean

EXIT Realty East Coast Shirvanian Listed on: 06/29/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,120

Year Built

  • 2000

Lot Details

  • 2.32

HOA Fees

  • $659 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • Blinds
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Terrace

Schools

  • Long Branch Middle School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00225-03-00002-05-C0114

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, snow removal
  • 44 Units
  • Pier Village Subdivision
  • On-Site Maintenance

Recreation

  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,120

Year Built

2000

Lot Details

0

HOA Fees

$659 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, Heated, In Ground
  • Reso Association Amenities: Professional Management, Association, Exercise Room, Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Security System, Stove, Refrigerator
  • Subdivision Name: Pier Village
  • Architectural Style: One Level Unit
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Balcony, Ceilings - 9Ft+ 1st Flr, Security System
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Exercise Room: 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
  • Exterior Terrace: Yes
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Included Security System2: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 44.0
  • SidingStucco: Yes
  • Special Features: VirtualTour
  • Year Built (Public Record): 2000

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Features Interior:Security System: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Terrace
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Underground
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 658.88
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00225-03-00002-05-C0114
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 9120.0

Multi Family

  • Number Of Units Total: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Oct 29, 2018
Sold by
Finz Robert and Diamond Laurie Jill
Bought by
Kellers Jay M
Seller's Agent
Rashel Plean
EXIT Realty East Coast Shirvanian
Buyer's Agent
Stephen Okros
Results Real Estate, L.L.C
Sold Price
$505,000
Total Days on Market
74
Current Estimated Value
$848,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,116
Avg. Annual Appreciation
7.92%
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kellers Jay M $505,000 Two Rivers Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellers Jay M $435,000
Closed Kellers Jay M $453,100
Previous Owner Finz Robert $305,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $505,000 +24.7% $418 / Sq Ft
09/02/2014 09/02/14 Sold $405,001 -- $336 / 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 $9,214 $649,000 $415,000 $234,000
2023 $9,214 $593,300 $370,000 $223,300
2022 $9,429 $541,200 $309,000 $232,200
2021 $9,429 $471,200 $260,000 $211,200
2020 $10,709 $512,400 $300,000 $212,400
2019 $9,793 $465,900 $295,000 $170,900
2018 $9,338 $441,700 $275,000 $166,700
2017 $9,120 $442,500 $275,000 $167,500
2016 $8,894 $440,100 $275,000 $165,100
2015 $8,509 $382,100 $215,000 $167,100
2014 $7,524 $356,100 $175,000 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Long Branch, NJ

  • 55 Melrose Terrace Unit 306, Long Branch, NJ 07740

    $979,999

    • 3 Beds
    • 2 Baths
    • 1,744 Sq Ft
    • 55 Melrose Terrace
    • Unit 306
    • Long Branch, NJ

    Stunning Condo in 55 Melrose in Pier Village. You have 3 deeded parking spaces! This sleek and modern apartment features 3 bedrooms and a bonus den!! Come and enjoy this open concept living with an updated kitchen and appliances! Located in Pier Village, 55 Melrose is a short walk to stores, boardwalk, and the beach. Amenities include restricted building access, a community pool, and a fitness

    Claudia Roesing Corcoran Infinity Properties

    Section Image
  • 30 Melrose Terrace Unit 503, Long Branch, NJ 07740

    $874,900

    • 1 Bed
    • 1 Bath
    • 30 Melrose Terrace
    • Unit 503
    • Long Branch, NJ

    Stunning views to the Highlands greet you upon entering this one bedroom unit at the highly sought after Lofts at Pier Village. Watch incredible sunsets from your terrace or catch a glimpse of the ocean! Upgrades incl fresh paint, custom walk-in & built-in closets, hidden slider screen, auto window shades & glass shower door to name a few! It is all about the beach lifestyle & resort living &

    Cindee Giannotti Patrick Parker Realty

    Section Image
  • 185 Morris Ave Unit 304, Long Branch, NJ 07740

    $768,000

    • 2 Beds
    • 2 Baths
    • 185 Morris Ave
    • Unit 304
    • Long Branch, NJ

    Welcome to The View at Long Branch, a premier boutique building just two blocks from the ocean, offering the perfect blend of coastal tranquility and urban convenience. Ideally situated near the train station, residents enjoy seamless access to New York City and surrounding towns, making it an excellent choice for commuters and city enthusiasts alike. Designed with sophistication in mind, these

    Michael Manna Burke&Manna Real Estate Agency

    Section Image
  • 185 Morris Ave Unit 308, Long Branch, NJ 07740

    $950,000

    • 2 Beds
    • 2 Baths
    • 185 Morris Ave
    • Unit 308
    • Long Branch, NJ

    Welcome to The View at Long Branch, a premier boutique building just two blocks from the ocean, offering the perfect blend of coastal tranquility and urban convenience. Ideally situated near the train station, residents enjoy seamless access to New York City and surrounding towns, making it an excellent choice for commuters and city enthusiasts alike. Designed with sophistication in mind, these

    Michael Manna Burke&Manna Real Estate Agency

    Section Image
  • 185 Morris Ave Unit 310, Long Branch, NJ 07740

    $860,000

    • 2 Beds
    • 2 Baths
    • 185 Morris Ave
    • Unit 310
    • Long Branch, NJ

    Welcome to The View at Long Branch, a premier boutique building just two blocks from the ocean, offering the perfect blend of coastal tranquility and urban convenience. Ideally situated near the train station, residents enjoy seamless access to New York City and surrounding towns, making it an excellent choice for commuters and city enthusiasts alike. Designed with sophistication in mind, these

    Michael Manna Burke&Manna Real Estate Agency

    Section Image
  • 22 Cooper Ave Unit 207, Long Branch, NJ 07740

    $899,000

    • 2 Beds
    • 2 Baths
    • 1,592 Sq Ft
    • 22 Cooper Ave
    • Unit 207
    • Long Branch, NJ

    I'm so pleased to announce the offering of 22 Cooper Ave. #207, located in the Beachfront North section of the Grand Resorts Condominium in Long Branch, New Jersey.Located literally steps to the Long Branch Boardwalk and beach. You can see the ocean from your private balcony. more to follow...

    Michael Frontera Douglas Elliman of NJ LLC

    Section Image
  • 33 Cooper Ave Unit 101, Long Branch, NJ 07740

    $775,000

    • 1 Bed
    • 1.5 Baths
    • 1,483 Sq Ft
    • 33 Cooper Ave
    • Unit 101
    • Long Branch, NJ

    Luxury Beachfront Living Awaits in Long Branch!Experience the ultimate coastal lifestyle in this stunning 1-bedroom, 1.5-bathroom condo in the highly sought-after Grand Resorts community, located in the desirable Beachfront North section of Long Branch, NJ. Just steps from the sand, this impeccably maintained home offers a seamless blend of luxury, comfort, and convenience—perfect for a

    Daniel Effenberger O'Brien Realty, LLC

    Section Image
  • 480 Ocean Ave Unit 2K, Long Branch, NJ 07740

    $700,000

    • 1 Bed
    • 1 Bath
    • 880 Sq Ft
    • 480 Ocean Ave
    • Unit 2K
    • Long Branch, NJ

    This second floor unit located in a secure oceanfront building is very spacious with a large living room that can fit dining room table and chairs. Eat in kitchen with lots of cabinet space, stainless steel appliances, electric stove, microwave, and dishwasher. There is a bonus room that can be used as an office/den, fitness/recreation room, or an extra bedroom. Enjoy the private balcony on

    Belinda Blanding-Ray Keller Williams Real Estate - Princeton

    Section Image
  • 510 Ocean Ave Unit 3, Long Branch, NJ 07740

    $995,000

    • 2 Beds
    • 2 Baths
    • 1,504 Sq Ft
    • 510 Ocean Ave
    • Unit 3
    • Long Branch, NJ

    Welcome to your two-level beachfront dream condo just steps from the boardwalk! Enter the home and be greeted by the 1st floor boasting an open floor plan with a kitchen complimented by a breakfast counter, plus a dining area and a large living room leading to a huge balcony with a glass rail & gate offering the ability to walk straight from the balcony out to the boardwalk & beach. The 2nd floor

    Jackie Grieco Compass New Jersey LLC

    Section Image

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21825671

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00225-03-00002-05-C0114