3 months on rocket

55 Ocean Ave Unit 5B, Monmouth Beach, NJ, 07750

$1,990,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,628 SqFt
$1,222/SqFt
Condo

Location

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55 Ocean Ave Unit 5B, Monmouth Beach$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Off Street, Underground, Visitor
Garage1 space
Year Built1984
HeatingElectric, Zoned
CoolingElectric, Zoned
WaterfrontBeach, Ocean Front
ViewBeach, Ocean
MLS #22428196
StatusActive

About 55 Ocean Ave Unit 5B

Be inspired the moment you arrive. Luxurious porcelain entryway leads to captivating panoramic ocean views along the coast all the way to Manhattan. Enjoy the Atlantic Ocean year-round from this sprawling home with designer kitchen, custom counter island, separate dining area & expansive living room that opens to a 30' wrap-around terrace overlooking the coast. All 3 BRs have closets & western exposures for sunset and bay views. Two of the BRs are steps away from a luxurious full bath w/oversized shower, porcelain floors & walls. The Primary Suite has 2 WICs & a separate dressing area. The Primary bath has imported porcelain tile, a soaking tub w/designer showerhead.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, One Level Unit, Condo
  • Year Built: 1984
  • Stories: 1
  • Living Area: 1,628 SqFt

Listing Office:

  • Office Name: Heritage House Sotheby's International Realty
  • Listing Agent: Deborah L James

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood
  • Interior: Sliding Door

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • View: Beach, Ocean
  • Exterior: Swimming, Terrace, Tennis Court(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Off Street, Underground, Visitor

Lot Features

Lot Information:

  • Lot: Beach

Utilities

Utilities Information:

  • Heating: Electric, Zoned
  • Cooling: Electric, Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $1,222/SqFt

HOA Fees:

  • Amount: $1008
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $10,276
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monmouth Beach, NJ.

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Monmouth Beach, NJ

City

Med. Sold Price

$925K

Med. Price/SqFt

$546

Avg. Days On Market

18

# of Sold Homes

6

55 Ocean Ave Unit 5B vs Monmouth Beach

94 DAYS ON ROCKET

+76 Days

$1,990,000

+$1.0M More

$1,222/SqFt

+$675 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $675/SqFt more than other homes in Monmouth Beach, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22428196

Listing Office:

  • Office Name: Heritage House Sotheby's International Realty
  • Listing Agent: Deborah L James

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: 12/30/2024, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 22, 2018Home Sold
$825,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,276$838,200
2019$7,903$805,900
2018$7,904$643,100
2017$7,534$594,200

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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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-2259596
2
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 1.99 miles

  • Public District Grades KG-5

school-card-donut-2259597
4
/10

  • A a Anastasia Elementary School

  • 92 7th Ave

  • 2.17 miles

  • Public District Grades KG-5

school-card-donut-2259598
10
/10

  • Point Road School

  • 357 Little Silver Point Rd

  • 2.98 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 $91,860. Typical income of Monmouth Beach, NJ residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Ocean Ave Unit 5B

What is the listing price of this property?

The listing price of 55 Ocean Ave Unit 5B property is $1,990,000.

What type of property is this?

The property 55 Ocean Ave Unit 5B is a condo located in Monmouth Beach, New Jersey, 07750.

Is this property for sale now?

Active Listing: 55 Ocean Ave Unit 5B is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,276 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 22, 2018 for $825,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 55 Ocean Ave Unit 5B has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 55 Ocean Ave Unit 5B is 1,628 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Ocean Ave Unit 5B is 1984.

Rocket Homes›New Jersey›Monmouth County›Monmouth Beach›07750›55 Ocean Ave Unit 5B

This home is located at 55 Ocean Ave Unit 5B in Monmouth Beach, NJ and zip code 07750. This 1,628 square foot home was built in 1984. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $1,990,000.

While more than 1 listings in Monmouth Beach, NJ in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. In November 2024 in Monmouth Beach, NJ there were 2.9% more homes for sale than in October 2024. In November 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $925,000.

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

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