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Sold for $1,370,000
  • $1,370,000

    20 Melrose Terrace #605, Long Branch, NJ 07740

    1beds
    963sqft
    Condominium
    Built in 2022
    -- sqft lot
    $1,255,700 Zestimate®
    $1,423/sqft
    $5,046 Estimated rent

    Home value

    $1,255,700

    $1.09M - $1.44M

    $5,046/mo

    Zestimate® history
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    What's special

    FABULOUS OCEANFRONT PENTHOUSE WITH SPECTACULAR OCEAN VIEWS. 1 BEDROOM Plus Den with 12 foot ceiling heights AT THE LOFTS PIER VILLAGE. LOW TAXES! ONLY $4500 PER YEAR - 26 YEAR TAX ABATEMENT! This PENTHOUSE is one of the best locations at the Lofts! Featuring 2 private terraces (140 sq. ft. ) of outdoor space, appointed with the finest materials, Miele appliances and automated window treatments. Amenities include outdoor sun deck at podium area, outdoor heated pool with cabanas, a state-of-the-art fitness room, outdoor lounge & fire pits - grills. Screening room, game & playroom, pet washing station, package reception & mail room, refrigerated storage for fresh food & flower deliveries and seasonal valet parking.

    Zillow last checked:

    Listing updated:

    Listed by:

    Teresa Minnick 908-461-0704,

    Christie's International Real Estate Group

    Bought with:

    Lindsay Minerva, 2294782

    Keller Williams Realty Central Monmouth

    Source: MoreMLS,MLS#: 22426433MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Description: PENTHOUSE
    • Area: 221
    • Dimensions: 17 x 13
    Den
    • Description: PENTHOUSE
    • Area: 72
    • Dimensions: 9 x 8
    Living room
    • Description: PENTHOUSE
    • Area: 252
    • Dimensions: 18 x 14
    Heating
    • Natural Gas, Electric, Other, See Remarks, Forced Air, Baseboard
    Cooling
    • Electric, Central Air, Other
    Features
    • Balcony, Ceilings - 9Ft+ 1st Flr, Elevator
    • Flooring: Ceramic Tile, Tile
    • Basement: None
    Interior area
    • Total structure area: 963
    • Total interior livable area: 963 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: See Remarks, Asphalt, Assigned, Common, Concrete, Covered, Underground
    • Attached garage spaces: 1
    Features
    • Levels: Upper Level
    • Stories: 1
    • Entry location: Upper Level
    • Exterior features: Balcony, Controlled Access, Outdoor Shower, Swimming, Lighting
    • Pool features: Community, Heated, In Ground, Association, Pool Equipment, Pool House
    • Has spa: Yes
    • Spa features: Outdoor Hot Tub
    • On waterfront: Yes
    • Waterfront features: Ocean Block, Beach Front, Ocean Front, Oceanside
    Lot
    • Size: 4 Acres
    Details
    • Parcel number: 00000
    • Zoning description: Multi-Use, Multi-Family, Condo

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Synthetic Stucco
    • Roof: Flat,Wood
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Security: Security Guard
    • Senior community: Yes
    • Subdivision: Lofts@Pier Village
    HOA
    • Has HOA: Yes
    • Services included: Trash, Common Area, Pool, Sewer
    • HOA fee: $874 monthly
    Location
    • Region: Long Branch

    Financial & listing details

    • Price per square foot: $1,423/sqft
    • Tax assessed value: $22,700
    • Annual tax amount: $4,519
    • Date on market: 9/11/2024
    • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking, Intercom

    Price history

    DateEventPrice
    11/13/2024Sold$1,370,000-8.7%$1,423/sqft
    Source: MoreMLS #22426433 Report a problem
    10/9/2024Pending sale$1,500,000$1,558/sqft
    Source: MoreMLS #22426433 Report a problem
    9/11/2024Listed for sale$1,500,000+76.4%$1,558/sqft
    Source: MoreMLS #22426433 Report a problem
    4/13/2020Sold$850,250$883/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$349 $22,700
    2024$349 $22,700 -91.1%
    2023-- $253,800 +1018.1%
    2022$407 $22,700
    2021-- $22,700
    Find assessor info on the county website

    Neighborhood: East Long Branch

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Garfield
    • Middle: Long Branch
    • High: Christian Bros

    Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,255,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,255,700