$2,149,950

20 Melrose Ter Unit 305 Long Branch, NJ 07740

$10,000
Closing credit¹
3 beds
3 full
1,775 sqft
0.3 acres
$1,211 / sqft
Condo

Property details

About 20 Melrose Ter Unit 305

Discover the ''beach house'' you've been longing for in this breathtaking 3-bedroom, 3-bath oceanfront gem at the Lofts at Pier Village. Infused with coastal flair, the great room dazzles with its rustic beamed ceiling, while the primary suite enchants with a coffered ceiling, chandelier, spacious custom closets, and a luxurious ceramic bathroom. A second ensuite bedroom ensures guest comfort, and the gourmet kitchen—complete with Miele appliances and quartz countertops—beckons culinary creativity. Two distinct terraces offer front-row seats to ocean waves and stunning sunrises. All of this plus a 30 year tax abatement program that reduces the annual real estate taxes currently at $7712.84 THE ABATEMENT IS TOTALLY TRANSFERABLE TOO! The Lofts pampers its residents with concierge service, a 24-hour front desk, a resort-inspired pool with towel service, fitness and recreation facilities, including a club room, viewing room, game room, and kids play room. The convenience of eating and entertainment establishments, shopping, the famous Long Branch beaches and boardwalk are all outside the secured and concierge lobby at 20-30 Melrose Terrace.

Highlights

Home typeCondominium
HeatingElectric, Heat Pump
StatusActive
CoolingHeat Pump, Central Air, Zoned
Size1,775 sqft
Lot size0.35 Acres
Year built2020
ParkingDirect Entry, Electric Vehicle Charging Station(s), Common, On Street
MLS #22506419
Garage1 space
WaterfrontOcean
ViewBeach, Ocean

Summary

  • MLS Number: 22506419
  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • Office Name: Coldwell Banker Realty
  • Listing Agent: Leonard J DiPaolo

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room featuring baseboards, wood finished floors, beam ceiling, and recessed lighting

$2,149,950

20 Melrose Ter Unit 305

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 10, 2022
Home Sold
$1,600,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

A a Anastasia Elementary School

Public District KG-5

1.0 mi

92 7th Ave

2

Gregory Elementary School

Public District KG-5

1.0 mi

201 Monmouth Ave

6

Betty McElmon Elementary School

Public District PK-4

2.2 mi

20 Parker Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,636. Typical income of Long Branch, NJ residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

54%
<35k
38%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

75%
Single, No Kids
6%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
2%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Continuing Education CoursesContinuing Education Courses
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • QdobaQdoba
  • PopeyesPopeyes

What do the neighbors drive?

  • OldsmobileOldsmobile
  • VolkswagenVolkswagen
  • DodgeDodge

What do the neighbors listen to?

  • NewsNews
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 20 Melrose Ter Unit 305

This home is located at 20 Melrose Ter Unit 305 in Long Branch, NJ and zip code 07740 in the Pier Village / Ocean Place neighborhood. This 1,775 square foot home, which was built in 2020, sits on a 0.35 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $2,149,950.

Long Branch, NJ housing market in March 2025 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 7 sold below. The number of homes for sale in Long Branch, NJ increased by 26.7% between February and March 2025. Listings spent 88 days on the market in March 2025, and had a median list price of $761,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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