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30 Melrose Ter

Long Branch, NJ 07740

2 bd 2 ba 1,311 sqft Built 2021 condos
Most recent sale
$1,085,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2025 Listing removed $10,666 MoreMLS
Aug 25, 2022 Listed for rent $3,400 MoreMLS
Aug 3, 2022 Sold $1,085,000 Public Record
Jul 26, 2022 Sold $1,085,000 MoreMLS
Apr 29, 2022 Price changed $1,150,000 MLS #22210810
Apr 14, 2022 Listed $1,200,000 MLS #22210810

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $30,900 $30,900 $463
2024 $30,900 $30,900 $474
2023 $30,900 $30,900 $479
2022 $30,900 $30,900 $554
2021 $30,900 $30,900 $618

Property facts

Year built
2021
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,311 sqft
Lot size
ZIP code
07740
City
Long Branch
Street
Melrose Ter
Coordinates
40.30020, -73.97995

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
$6,510
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 Aug 3, 2022 for $1,085,000.
What is the current tax assessment for 30 Melrose Ter?
The most recent total assessment for 30 Melrose Ter (year 2025) is $30,900 with $463 in property tax.
How does 30 Melrose Ter's assessment compare to its last sale price?
The current assessment is 97.2% below the last sale price of $1,085,000.
When was 30 Melrose Ter built?
30 Melrose Ter was built in 2021.
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, 1,311 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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