Sold for $830,000 on 01/12/24
$830,000
700 Ocean Ave UNIT 539, Spring Lake, NJ 07762
1beds
624sqft
Condominium
Built in 2002
-- sqft lot
$897,600 Zestimate®
$1,330/sqft
$3,144 Estimated rent
Home value
$897,600
$844,000 - $960,000
$3,144/mo
Zestimate® history
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Owner options
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What's special
Welcome to the Essex and Sussex Spring Lake Community, where history and luxury converge in a stunning oceanfront setting. This condominium, once a grand hotel, has evolved into a unique residence that stands apart from the rest. Located on the 5th floor, this end-unit condo offers unparalleled views of the Atlantic Ocean to the east and Spring Lake to the west, creating an exquisite backdrop for any occasion. Amidst over 100 units, this is the ONLY ONE currently available for sale on the 5th floor, making it a truly rare gem. The uniqueness extends to its private balcony, providing the rare privilege of enjoying both ocean and lake vistas. Inside, you'll find a meticulously designed space featuring 9-foot ceilings, an elegant built-in armoire, and an upgraded heat pump, just one year old, complemented by ceiling radiant heat and an electric fireplace. The master suite is a sanctuary of opulence, featuring an Italian Valenti floating vanity. Imported Italian marble floors and granite countertops adorn the entire unit, adding an extra layer of sophistication. This condo also boasts the convenience of an adjacent storage room, a coveted feature. The condo association fee of $1,850/month covers a comprehensive list of amenities, including water, sewer, trash, snow removal, heat, electricity, basic cable, and valet parking services. Stay fit in the well-equipped gym, enjoy nearby beach access, and take advantage of the secure bike parking. Additionally, revel in the building's offerings, such as a full bar and restaurant with live entertainment, a library, separate lounges for men and women, a ping pong room, and a bistro with a full kitchen, where complimentary coffee and tea await. While cooking isn't allowed inside the condo units, there's a $410 monthly food minimum for the on-site restaurant. Pet enthusiasts will appreciate that this property is pet-friendly for pets up to 35 pounds. Laundry is a breeze with designated laundry areas on each floor, featuring 2 washers and 2 dryers, along with a commercial washer and dryer on the 1st floor for larger items. The convenience extends to optional housekeeping services, offering assistance with changing sheets, laundry, cleaning, and more. Mark your calendar for showings beginning on Saturday, September 23, 2023. Don't miss the opportunity to call this exceptional Essex and Sussex Spring Lake condo your home, where timeless elegance meets modern convenience.
Zillow last checked: 8 hours ago
Listing updated: January 12, 2024 at 11:52am
Listed by:
Carlo Drogo SR. 856-692-4368,
EXP Realty, LLC,
Listing Team: The Expert Sales Team
Bought with:
Edward Szumski, SP1644256
BHHS Fox & Roach Spring Lake
Source: Bright MLS,MLS#: NJMM2001964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Other
Cooling
- Heat Pump, Other
Appliances
- Included: Water Heater
- Laundry: Has Laundry, Common Area, Shared
Features
- Flooring: Ceramic Tile, Marble
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Electric
Interior area
- Total structure area: 624
- Total interior livable area: 624 sqft
- Finished area above ground: 624
- Finished area below ground: 0
Property
Parking
- Parking features: Attendant, Paved, Public, Other
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Five
- Stories: 5
- Pool features: None
- Spa features: Indoor
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 470004300001 539
- Zoning: CSSC
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
Condition
- Excellent
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Senior living
- Senior community: Yes
Location
- Region: Spring Lake
- Subdivision: None Available
- Municipality: SPRING LAKE BORO
HOA & financial
HOA
- Has HOA: No
- Amenities included: Bar/Lounge, Beach Access, Beach Club, Common Grounds, Community Center, Concierge, Elevator(s), Fitness Center, Gated, Laundry, Library, Recreation Facilities, Reserved/Assigned Parking, Other
- Services included: Cable TV, Water, Sewer, Trash, Snow Removal, Electricity, Parking Fee, All Ground Fee, Common Area Maintenance, Laundry, Maintenance Grounds, Management
- Association name: Essex And Sussex Condominium Association
Other fees
- Condo and coop fee: $1,850 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2024 | Sold | $830,000-7.3%$1,330/sqft |
Source: | ||
| 11/7/2023 | Pending sale | $895,000$1,434/sqft |
Source: | ||
| 9/18/2023 | Listed for sale | $895,000+72.1%$1,434/sqft |
Source: | ||
| 9/7/2017 | Sold | $520,000-13.3%$833/sqft |
Source: | ||
| 6/15/2017 | Pending sale | $599,900$961/sqft |
Source: Coldwell Banker Residential Brokerage - Rumson/Fair Haven Office #21712959 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,252 +16% | $665,100 +19.3% |
| 2023 | $2,803 +1.8% | $557,300 +4.7% |
| 2022 | $2,753 -11.2% | $532,400 +3% |
Find assessor info on the county website
Neighborhood: 07762
Nearby schools
GreatSchools rating
- 8/10H W Mountz Elementary SchoolGrades: PK-8Distance: 0.8 mi
Schools provided by the listing agent
- District: Spring Lake Borough
Source: Bright 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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$897,600
2% more+ $17,952
With Zillow Showcase(estimated)
$915,552


