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30 Melrose Ter

Long Branch, NJ 07740

2 bd 2 ba 1,344 sqft Built 2020 condos
Most recent sale
$1,250,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2025 Listed $1,599,910 MoreMLS
Jul 28, 2025 Listed for rent $6,500 MoreMLS
May 11, 2022 Sold $1,250,000 Public Record
Apr 26, 2022 Sold $1,250,000 MoreMLS
Sep 25, 2020 Price changed $1,399,000 MLS #21944427
Nov 4, 2019 Listed $1,450,000 MLS #21944427

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $31,700 $31,700 $475
2024 $31,700 $31,700 $487
2023 $31,700 $31,700 $492
2022 $31,700 $31,700 $568
2021 $31,700 $31,700 $634

Property facts

Year built
2020
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,344 sqft
Lot size
ZIP code
07740
City
Long Branch
Street
Melrose Ter
Coordinates
40.30013, -73.98035

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 30 Melrose Ter last sell?
30 Melrose Ter most recently sold on May 11, 2022 for $1,250,000.
What is the current tax assessment for 30 Melrose Ter?
The most recent total assessment for 30 Melrose Ter (year 2025) is $31,700 with $475 in property tax.
How does 30 Melrose Ter's assessment compare to its last sale price?
The current assessment is 97.5% below the last sale price of $1,250,000.
When was 30 Melrose Ter built?
30 Melrose Ter was built in 2020.
How does 30 Melrose Ter compare to others on Melrose Ter?
We track 8 other properties on Melrose Ter. Browse the list under "Other properties on Melrose Ter" to compare beds, baths, and sale history.
What are the property facts for 30 Melrose Ter?
30 Melrose Ter is a 2 bed, 2 bath, 1,344 sqft condos.
Is 30 Melrose Ter a flip candidate?
No — 30 Melrose Ter does not appear in our flips dataset.
Is 30 Melrose Ter a tax-appeal candidate?
No — 30 Melrose Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$1.22M
2026 Q4
$1.23M
ZIP 07740 — Median Price History + Forecast

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