$1,933,000 - $2,755,041
RENTED JUN 7, 2024

The Lofts Pier Village 15 Morris Ave Unit 616 Long Branch, NJ 07740

4 Beds
4 Baths
2,080 Sq Ft
$1,127 Price per Sq Ft

Last Sold April 01, 2021

Last sale price $1,810,000 $870 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $13,121/month

About This Home

As of April 2021

STUNNING 4 bedroom 3 1/2 bath Penthouse apartment in the Lofts at Pier Village is now available for a short term lease from August lst to September 3rd! Pamper yourself and family members in a home with two spacious terraces one with oceanviews, the other with sunsets, soaring beamed ceilings corner window walls, two ensuite bedrooms, a third bedroom with bunk beds and a fourth bedroom/office all with access to the terrace. The ''Gourmet kitchen'' features Mele appliances including a built in coffee/espresso/cappuccino machine, wine fridge, 5 burner gas cooktop, double ovens and speed oven. Ample entertaining areas, flat screen tv's and furnishings. The Lofts is an ocean front building offering concierge service, large heated pool, work out facilities, theater, game and kids rooms The Lofts are located in Pier Village. Great restaurant's and entertainment areas are located right outside the lobby doors. The towns of Long Branch, Asbury Park, Sea Bright, Highlands and Atlantic Highlands are a short car drive away. Water sports, fishing, miniature golf, pickle ball, tennis ad basketball courts are reasonably accessible for when one tires of the "beach life". The high speed ferry to NYC are within 10 miles if you should need to get back to the office!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Mar 30, 2021
Sold by
Pier Village Iii Urban Renewal Company L
Bought by
Celleri Al and Celleri Diane
Seller's Agent
Teresa Minnick
Christie's International Real Estate Group
Buyer's Agent
Jane Betancourt
Extell Marketing Group NJ LLC
List Price
$1,810,000
Sold Price
$1,810,000
Current Estimated Value
$2,344,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,021
Avg. Annual Appreciation
-12.93%
Original Mortgage
$1,320,000
Outstanding Balance
$1,210,557
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
-$180,099

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Celleri Al $1,762,500 Simplicity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celleri Al $1,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Rented $35,000 -22.2% --
05/21/2024 05/21/24 Under Contract -- -- --
05/10/2024 05/10/24 Price Changed $45,000 -10.0% $22 / Sq Ft
03/01/2024 03/01/24 For Rent $50,000 0.0% --
04/01/2021 04/01/21 Sold $1,810,000 0.0% $870 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $1,810,000 -- $870 / Sq Ft

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 $761 $49,000 $49,000 $0
2023 $761 $49,000 $49,000 $0
2022 $980 $49,000 $49,000 $0
2021 $980 $49,000 $49,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Leonard DiPaolo

    Seller's Agent in 2024

    Leonard DiPaolo

    Coldwell Banker Realty

    (954) 990-3350

    17 in this area

    31 Total Sales

    Leonard DiPaolo
    Section Image
  • Teresa Minnick

    Seller's Agent in 2021

    Teresa Minnick

    Christie's Real Estate Northern NJ

    (908) 461-0704

    35 in this area

    36 Total Sales

    Teresa Minnick
    Section Image

  • J

    Buyer's Agent in 2021

    Jane Betancourt

    Extell Marketing Group NJ LLC

See All Agents

About The Lofts Pier Village

Map

New Jersey Monmouth County Long Branch 07740

15 Morris Ave Unit 616, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 15 Morris Ave Unit 616, Long Branch, NJ 07740 and is currently estimated at $2,344,021, approximately $1,126 per square foot. 15 Morris Ave Unit 616 is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

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