For sale

Price cut: $26K (7/9)

$599,000

55 Melrose Terrace #407, Long Branch, NJ 07740

1beds

976sqft

$4,527/mo

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Condominium

Built in 2000

-- sqft lot

$585,600 Zestimate^®

$614/sqft

$615/mo HOA

What's special

Partial ocean views

Experience coastal living at its finest in this beautifully situated one-bedroom, one-bath top floor condominium with partial OCEAN VIEWS in the highly sought-after Pier Village. Located just steps from the boardwalk, beach, restaurants, and shops, this unit offers both convenience and a relaxed coastal setting. The condo features a private balcony with ocean views, along with access to building amenities including secure entry, a pool, and a fitness center. Commuters will appreciate the location, with options to reach NYC via ferry and close proximity to the Long Branch Train Station. It's also near Monmouth University.

128 days
615
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Electric, 2 Zoned Heat

Cooling

2 Zoned AC

Features

Basement: None

Interior area

Total structure area: 976
Total interior livable area: 976 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Off Street, Underground
Garage spaces: 1

Features

Levels: Upper Level
Stories: 1
Entry location: Upper Level
Exterior features: Balcony, Controlled Access, Swimming
Pool features: Community, In Ground
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Oceanside/Beach Blk, Oceanside

Lot

Size: 1.87 Acres

Details

Parcel number: 2700225030000205C0407
Zoning description: Condo

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Brick
Roof: Flat

Condition

New construction: No
Year built: 2000

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Security: Security System
Subdivision: Pier Village

HOA

Has HOA: Yes
Services included: Trash, Common Area, Lawn Maintenance, Pool, Sewer, Snow Removal, Water
HOA fee: $615 monthly

Location

Region: Long Branch

Financial & listing details

Price per square foot: $614/sqft
Tax assessed value: $519,600
Annual tax amount: $7,794
Date on market: 5/5/2026
Inclusions: AC Units, Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens

Estimated market value

$585,600

$556,000 - $615,000

$3,285/mo

Price history

Date	Event	Price
7/9/2026	Price change	$599,000-4.2%$614/sqft
Source: MoreMLS #22612539 Report a problem
5/28/2026	Price change	$625,000-3.7%$640/sqft
Source: MoreMLS #22612539 Report a problem
5/5/2026	Listed for sale	$649,000+44.2%$665/sqft
Source: MoreMLS #22612539 Report a problem
10/19/2021	Sold	$450,000$461/sqft
Source: MoreMLS #22127293 Report a problem
9/7/2021	Pending sale	$450,000$461/sqft
Source: MoreMLS #22127293 Report a problem
8/17/2021	Listed for sale	$450,000+26.8%$461/sqft
Source: MoreMLS #22127293 Report a problem
8/3/2015	Sold	$355,000-2.3%$364/sqft
Source: MoreMLS #21504694 Report a problem
5/7/2015	Price change	$363,500-1.7%$372/sqft
Source: Gloria Nilson and Co. Real Estate #21504694 Report a problem
3/7/2015	Price change	$369,900-2.3%$379/sqft
Source: Gloria Nilson and Co. Real Estate #21504694 Report a problem
2/10/2015	Listed for sale	$378,500$388/sqft
Source: Gloria Nilson and Co. Real Estate #21504694 Report a problem
1/18/2015	Listing removed	$1,900$2/sqft
Source: Point2 #21451891 Report a problem
11/16/2014	Listed for rent	$1,900$2/sqft
Source: Gloria Nilson & Co. Real Estate #21451891 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,986 +2.8%	$519,600 +2.8%
2024	$7,771 +5.4%	$505,600 +6.5%
2023	$7,375 -1.3%	$474,900 +13.9%
2022	$7,473 -8.2%	$416,800 +2.4%
2021	$8,144 +6.8%	$407,000 -9.2%
2020	$7,628 +6.3%	$448,000 +23.4%
2019	$7,173	$362,900 +7%
2018	$7,173 +5%	$339,300 -0.2%
2017	$6,831 +2.3%	$340,000 +0.6%
2016	$6,674 -1.7%	$338,000 +12.8%
2015	$6,791	$299,700 -6.8%
2014	--	$321,400