For sale

Price cut: $35K (6/26)

$625,000

700 Ocean Avenue #431, Spring Lake, NJ 07762

1beds

474sqft

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Adult Community

Built in 2002

-- sqft lot

$612,400 Zestimate^®

$1,319/sqft

$1,210/mo HOA

What's special

With stunning south facing views of the ocean and Spring Lake, this 4th floor condo is calling you home to the historic Essex and Sussex. Whether you're looking for a year-round home, a pied-a-terre, or a seasonal escape, this almost 500 SF unit offers an updated kitchenette, a sunny, south facing balcony, and ocean views from every room. This venerated full service building has majestic ocean facing common areas, a lounge and restaurant, a resident cafe for cooking, valet parking, large exercise room, and on every floor, laundry, storage and guest bath rooms. Directly across the street going east is Spring Lake's 2 mile long non-commercial boardwalk, with its dune grass and beach rose buffer. Going west, is Spring Lake and Divine Park, with St. Catharine's Church and downtown just beyond.

18 days

2,006

44

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Bedroom

Description: Ocean views
Area: 202.76
Dimensions: 13.7 x 14.8

Bathroom

Description: Ocean and lake views
Area: 46.06
Dimensions: 9.4 x 4.9

Kitchen

Description: Foyer and kitchenette
Area: 30.15
Dimensions: 5.11 x 5.9

Living room

Description: With balcony
Area: 171.36
Dimensions: 16.8 x 10.2

Heating

Electric, Heat Pump

Cooling

Electric, Central Air

Features

Balcony, Ceilings - 9Ft+ 1st Flr, Elevator, Recessed Lighting
Flooring: Marble, Wood
Basement: None

Interior area

Total structure area: 474
Total interior livable area: 474 sqft

Video & virtual tour

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Property

Parking

Parking features: Circular Driveway, Paved, Common, Valet, None
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Balcony
On waterfront: Yes
Waterfront features: Ocean Front

Details

Parcel number: 4700043000000001431
Zoning description: Planned Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Adult Community

Materials

Brick Veneer, Synthetic Stucco

Condition

Year built: 2002

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Security: Security Guard
Senior community: Yes
Subdivision: The Essex&Sussex

HOA

Has HOA: Yes
Services included: Trash, Electricity, Common Area, Heat, Lawn Maintenance, Sewer, Snow Removal, Water
HOA fee: $1,210 monthly

Location

Region: Spring Lake

Financial & listing details

Price per square foot: $1,319/sqft
Tax assessed value: $516,100
Annual tax amount: $2,359
Date on market: 6/18/2026
Inclusions: Blinds/Shades, Microwave, Refrigerator, Screens

Estimated market value

$612,400

$582,000 - $643,000

$2,754/mo

Price history

Date	Event	Price
6/26/2026	Price change	$625,000-5.3%$1,319/sqft
Source: MoreMLS #22618345 Report a problem
6/18/2026	Listed for sale	$660,000+36.1%$1,392/sqft
Source: MoreMLS #22618345 Report a problem
7/31/2023	Sold	$485,000+7.8%$1,023/sqft
Source: MoreMLS #22309510 Report a problem
6/21/2023	Pending sale	$449,900$949/sqft
Source: MoreMLS #22309510 Report a problem
6/19/2023	Listing removed	--
Source: MoreMLS #22309510 Report a problem
6/13/2023	Price change	$449,900-5.3%$949/sqft
Source: MoreMLS #22309510 Report a problem
4/12/2023	Listed for sale	$475,000-4.8%$1,002/sqft
Source: MoreMLS #22309510 Report a problem
11/22/2022	Listing removed	--
Source: MoreMLS #22226019 Report a problem
8/31/2022	Price change	$499,000-5%$1,053/sqft
Source: MoreMLS #22226019 Report a problem
8/16/2022	Listed for sale	$525,000$1,108/sqft
Source: MoreMLS #22226019 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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