3 months on rocket

20 Melrose Ter Unit 408, Long Branch, NJ, 07740

$1,450,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
897 SqFt
$1,617/SqFt
Condo

Location

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20 Melrose Ter Unit 408, Long Branch$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOpen, Common, Covered, On Street, Visitor, Direct Access
Garage1 space
HeatingNatural Gas, Forced Air
CoolingCentral Air
WaterfrontBeach, Ocean Front, Ocean
ViewBeach, Ocean
MLS #22422408
Lot Size0.17 Acres
StatusActive

About 20 Melrose Ter Unit 408

PANORAMIC OCEAN VIEWS FROM ALL ROOMS AT THE LOFTS AT PIER VILLAGE! If you have been waiting for direct ocean views do not miss this unit. Barely used and waiting for it's new owner. Panoramic floor to ceiling walls of windows with electronic blinds and custom screens. Custom closet systems. Very Low Taxes with 26 years left of a Tax Abatement. Be a part of all the year round excitement of Pier Village.

Property Details

Property Features

Property Information:

  • Architectural Style: Middle Level, One Level Unit, Condo
  • Stories: 1
  • Living Area: 897 SqFt

Listing Office:

  • Office Name: Shore Homes Shirvanian Realty
  • Listing Agent: Christine Stout

Interior Features

Interior Information:

  • Appliances: Washer, Oven, Range, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Disposal, Gas Range, Intercom
  • Basement: No
  • Interior: Balcony, Ceilings - 9Ft+ 1st Flr

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front, Ocean
  • View: Beach, Ocean
  • Exterior: Balcony, Controlled Access, Security System, Storm Door(s), Swimming, Lighting

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Open, Common, Covered, On Street, Visitor, Direct Access

Lot Features

Lot Information:

  • Lot: Beach
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $1,617/SqFt

HOA Fees:

  • Amount: $794
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Long Branch, NJ.

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Long Branch, NJ

City

Med. Sold Price

$765K

Med. Price/SqFt

$468

Avg. Days On Market

58

# of Sold Homes

18

20 Melrose Ter Unit 408 vs Long Branch

108 DAYS ON ROCKET

+50 Days

$1,450,000

+$685K More

$1,617/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $685K more than the Median Sold Price and $1.1K/SqFt more than other homes in Long Branch, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22422408

Listing Office:

  • Office Name: Shore Homes Shirvanian Realty
  • Listing Agent: Christine Stout

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,098

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-256409
4
/10

  • A a Anastasia Elementary School

  • 92 7th Ave

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-256410
2
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-256411
6
/10

  • Betty McElmon Elementary School

  • 20 Parker Rd

  • 2.19 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,636. Most Long Branch, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20 Melrose Ter Unit 408

What is the listing price of this property?

The listing price of 20 Melrose Ter Unit 408 property is $1,450,000.

What type of property is this?

The property 20 Melrose Ter Unit 408 is a condo located in Long Branch, New Jersey, 07740.

Is this property for sale now?

Active Listing: 20 Melrose Ter Unit 408 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 20 Melrose Ter Unit 408 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 20 Melrose Ter Unit 408 is 897 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Monmouth County›Long Branch›07740›20 Melrose Ter Unit 408

This home is located at 20 Melrose Ter Unit 408 in Long Branch, NJ and zip code 07740 in the Pier Village / Ocean Place neighborhood. This 897 square foot home sits on a 0.17 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 04, 2024 and is currently priced at $1,450,000.

While more than 1 listings in Long Branch, NJ in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 13 were sold below. The number of listings in Long Branch, NJ increased by 2.7% between September 2024 and October 2024. Listings spent 58 days on the market in October 2024, and had a median list price of $765,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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