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Off market
  • $1,664,700

    518 Ocean Ave, Sea Bright, NJ 07760

    4beds
    2,610sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $1,664,700 Zestimate®
    $638/sqft
    $3,742 Estimated rent

    Home value

    $1,664,700

    $1.38M - $1.98M

    $3,742/mo

    Zestimate® history
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    $3,742/mo

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    $3,742/mo

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    $11,178/mo

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    $11,178/mo

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    What's special

    Rental income! Oceanfront beach house, legal 2 family property in desirable North Sea Bright. Live in one unit and rent the other. Both units have 2 bedrooms, updated kitchens with granite counter tops, white shaker cabinets and stainless steel appliances. Washer and dryer in each unit. Hardwood floors and ceramic tile in kitchen. Walk out basement with separate areas for tenant storage. Includes separate ocean side lot ( 37.50' x 55') for parking across the street and private deck on sea wall for entertaining and access to the beach. Detached 2 car garage in rear of property located on dead end street. Minutes to high speed ferry to NYC, Sandy Hook beaches and some of the finest restaurants.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    • Laundry: Washer Hookup
    Features
    • Doors: Storm Door(s)
    • Windows: Screens
    • Basement: Full, Walk-Out Access, Tenant Storage, Tenant Acc
    Interior area
    • Total interior livable area: 2,610 sqft

    Property

    Parking
    • Total spaces: 7
    Features
    • Patio & porch: Deck
    • Exterior features: Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach Access, Ocean Front, Yes, Oceanview
    • Frontage type: Oceanfront
    Lot
    • Size: 5,227 Square Feet
    Details
    • Additional structures: Locked Storage
    • Parcel number: 4200029000000018
    • Zoning description: Multi-Family, Residential, Conforming Use

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    Condition
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas, Tank

    Community & HOA

    Location
    • Region: Sea Bright

    Financial & listing details

    • Price per square foot: $638/sqft
    • Tax assessed value: $1,997,200
    • Annual tax amount: $19,093
    • Exclusions: Personal items of tenant and personal items in basement and garage.

    Price history

    DateEventPrice
    7/31/2020Sold$980,000-9.3%$375/sqft
    Source: MoreMLS #22016126 Report a problem
    5/22/2020Listed for sale$1,080,000+98.2%$414/sqft
    Source: O'Brien Realty, LLC #22016126 Report a problem
    11/18/2016Sold$545,000+87.9%$209/sqft
    Source: Public Record Report a problem
    12/23/2010Sold$290,000$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,093 +9.5%$1,997,200 +9.5%
    2024$17,435 +10%$1,823,700 +17.8%
    2023$15,857 +3.7%$1,548,500 +14.5%
    2022$15,287 +26.3%$1,352,800 +39.2%
    2021$12,103 +55.7%$972,100 +57.5%
    2020$7,772 -0.5%$617,100 +7.8%
    2019$7,812 $572,700 +5.3%
    2018$7,812 +11.2%$544,000 +5.3%
    2017$7,026 +14.8%$516,400 -4.1%
    2016$6,118 -35.4%$538,400 +76.5%
    2015$9,478 +10.8%$305,000 -35.7%
    2014$8,552 -6.6%$474,600 -12.4%
    2012$9,153 +2.7%$541,900
    2011$8,909 +2.6%$541,900
    2010$8,681 -3.4%$541,900
    2009$8,990 $541,900
    2008-- $541,900
    2007-- $541,900
    2006-- $541,900
    2005-- $541,900 +141.3%
    2003-- $224,600
    2002-- $224,600
    2001-- $224,600
    Find assessor info on the county website

    Neighborhood: 07760

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wolf Hill
    • Middle: Maple Place
    • High: Shore Reg

    Source: The MLS. 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
    $1,664,700
    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
    $1,664,700