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480 Ocean Ave

Long Branch, NJ 07740

2 bd 2 ba 1,269 sqft Built 1973 condos
Most recent sale
$999,000
Apr 2, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2024 Sold $999,000 MoreMLS
Jan 27, 2024 Listed $1,100,000 MoreMLS
Oct 2, 2023 Listing removed MoreMLS
Aug 9, 2023 Price changed $999,999 MoreMLS
May 26, 2023 Listed $1,150,000 MoreMLS
Jul 17, 2019 Sold $435,000 Public Record
Mar 30, 2004 Sold $330,000 Public Record
Jul 30, 1999 Sold $139,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $294,600 $390,000 $684,600 $10,269
2024 $294,600 $390,000 $684,600 $8,883
2023 $212,500 $331,500 $544,000 $8,448
2022 $241,800 $182,000 $423,800 $7,598
2021 $182,900 $205,400 $388,300 $7,769
2020 $167,500 $182,000 $349,500 $7,304
2019 $113,900 $175,000 $288,900 $6,072
2018 $109,700 $175,000 $284,700 $6,018
2017 $107,600 $165,000 $272,600 $5,618
2016 $104,800 $165,000 $269,800 $5,452
2015 $104,800 $100,000 $204,800 $4,560
2014 $139,800 $100,000 $239,800 $5,066
2013 $229,500 $113,100 $342,600 $6,999
2012 $229,500 $113,100 $342,600 $6,711
2011 $229,500 $113,100 $342,600 $6,502
2010 $229,500 $113,100 $342,600 $6,430
2009 $280,600 $138,200 $418,800 $6,168
2008 $280,600 $138,200 $418,800 $5,641
2007 $280,600 $138,200 $418,800 $5,641

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,269 sqft
Lot size
ZIP code
07740
City
Long Branch
Street
Ocean Ave
Coordinates
40.28861, -73.98234

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
$5,994
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 480 Ocean Ave last sell?
480 Ocean Ave most recently sold on Apr 2, 2024 for $999,000.
What is the current tax assessment for 480 Ocean Ave?
The most recent total assessment for 480 Ocean Ave (year 2025) is $684,600 with $10,269 in property tax.
How does 480 Ocean Ave's assessment compare to its last sale price?
The current assessment is 31.5% below the last sale price of $999,000.
When was 480 Ocean Ave built?
480 Ocean Ave was built in 1973.
How does 480 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 480 Ocean Ave?
480 Ocean Ave is a 2 bed, 2 bath, 1,269 sqft condos.
Is 480 Ocean Ave a flip candidate?
No — 480 Ocean Ave does not appear in our flips dataset.
Is 480 Ocean Ave a tax-appeal candidate?
No — 480 Ocean Ave 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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