Condo For Sale

$1,750,000

HOA
$1,161/mo.

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20 Melrose Terrace Unit 305
Long Branch, NJ 07740

  • 3 beds
  • 3 baths
  • 1,750 sqft
  • $1,000 per sqft
  • 2021 build
  • on site

Fabulous 3 bedrooms, 3 full baths. Don't miss this spectacular design, includes 2 terraces & floor-to-ceiling windows. Appointed with the finest materials and top-of-the-line Miele appliances & wood floor throughout. Amenities include outdoor sun deck at podium area, outdoor heated pool with cabanas, a state-of-the-art fitness room, outdoor lounge, fire pits & gas grills, media room, game room, club room, massage room & playroom, pet washing station, package reception, mailroom & refrigerated storage plus included parking

Listing courtesy of MOMLS / Teresa Minnick / TCM Realty Group, LLC

Last checked: Checking… • Last updated Sep 14, 2021 •

MLS# 22129140 —

Amenities & Taxes

The Building

Year Built:
2021
New Construction:
Yes
Style:
One Level Unit
Model:
3 BEDROOM
Sub-Type:
Condominium
Levels:
1.0
Unit/Suite#:
305
Roof:
Flat
Exterior:
Balcony, BBQ, Controlled Access, Fence, Gazebo, Handicap Acc, Hot Tub, Lighting, Other, Outdoor Shower, Patio, Security System, Sprinkler Under, Storage, Storm Window, Terrace
Siding:
Brick Veneer, Stone, Stucco - Cement, Stucco - Synthetic, T111
Handicap Access:
Yes
Apx Sq Ft:
1750.00

Interior

Interior:
Balcony, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Elevator, Home Theater Equip
Rooms:
Bathroom, Dining Room, Family Room, Great Room, Kitchen, Master Bathroom
Rooms:
7
Living Room:
Ceilings - Beamed, Floor - Wood
Foyer:
Fireplace - Other, Floor - Wood
Basement:
No
Basement:
Other, Unfinished, Walk-Out Access
# Fireplaces:
1
Fireplace:
Yes
Accessibility:
Chair Lift

Financial & Terms

Financing:
Cash, Contract, Conventional
VA Approved:
No
FHA Approved:
No
App Escrow Required:
No
Deed Restricted:
No
Possession:
At Closing, Immediate
Ownership Type:
Condominium
Short Sale:
No
List Price/SqFt:
$1,000

Location

Latitude:
40.300471
Longitude:
-73.979116
Directions:
Ocean Blvd. to Chelsea Ave. To Ocean Ave. right on Melrose Terrace

The Property

Area/Section:
None
Lot:
1.01
Lot Description:
Beachfront, Oceanfront, Oceanside
Farm:
No
Water Type:
Beachfront, Oceanfront, Oceanview
Waterfront:
Yes
Waterview:
Yes
Zoning:
Condo, Multi-Family, Multi-Use, Planned Residential, Residential
Property Type:
A
Property Sub-Type:
Condominium

Listing Agent

Contact info:

Taxes

Tax Year:
2021
Taxes:
7875.00

Beds

Bedrooms:
3

Baths

Total Baths:
3.00
Full Baths:
3

The Listing

Branded Virtual Tour:
Virtual Tour
Virtual Tour:
Virtual Tour

Heating & Cooling

Heat Fuel:
Electric, Natural Gas, Other, See Remarks
Heat/AC:
3+ Zoned AC, Central Air, Other

Utilities

Water/Sewer:
Public Sewer, Public Water

Appliances

Included:
Dryer, Gas Cooking, Light Fixtures, Microwave, Refrigerator, Self/Con Clean, Stove Hood, Washer
Water Heater:
Natural Gas

Schools

Elementary School:
Anastasia
Other Elementary:
Elberon
Middle School:
Long Branch
High School:
Christian Bros
Other High School:
Red Bank Cath

The Community

Complex/Subdivision:
Lofts@Pier Village
Pool:
Yes
Pool:
Cabana, Common, Concrete, Fenced, Heated, In Ground, Lap, Membership Required, Pool Equipment, Pool House, With Spa
Common Elements:
Association, Bocci, Clubhouse, Common Access, Common Area, Common Laundry, Community Room, Controlled Access, Exercise Room, Extra Storage, Hot Tub, Landscaping, Playground, Pool, Professional Management, Security Guard, Swimming
Age Restricted:
No
HOA:
Yes
Association Fee:
$1,161
Fee Includes:
Common Area, Exterior Maint, Gas, Lawn Maintenance, Rec Facility, Snow Removal, Trash, Water
Special Assessment:
Yes
Assessment Status:
To Be Assessed
Allowable:
Dogs, Pet Size Limit, Rentals
Management Type:
Owner/Association, Professional Off Site, Professional On Site
Management Name:
Extell

Parking

Garage:
Yes
Garage:
Attached, Other - See Remarks, Oversized
Parking:
Asphalt, Common, Concrete, Covered, Valet, Visitor
Assigned Parking:
No
# Parking Spaces:
1.0000
# Car Garage:
4.00

Schools

Rating Details

Long Branch High School

  • Public
  • 9-12
  • 1.0 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

20 Melrose Terrace Unit 305

Asking price

$1,750,000

Expense Monthly cost
Mortgage

$6,085

Taxes $656
Insurance $481
HOA fees $1,161
Utilities $127 See report
Total $8,510/mo.*
*This is an estimate

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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Sale history

Date Event Source Price % Change
9/2/21
Listed / Active MOMLS $1,750,000 45.8% (39.0% / YR)
6/30/20
MOMLS $1,200,000 -14.3%
6/17/20
MOMLS $1,400,000

Finding records…

No additional history available

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20 Melrose Terrace Unit 305
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