1187 Ocean Ave
Sea Bright, NJ 07760
1 bd 1 ba 864 sqft Built 1972 Lot 436 sqft condos
Most recent sale
$386,000
Mar 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 4, 2022 | Sold | $386,000 | MLS #22201128 |
| Jan 14, 2022 | Listed | $379,000 | MLS #22201128 |
| Sep 6, 1985 | Sold | $70,310 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $104,700 | $370,200 | $474,900 | $4,060 |
| 2024 | $104,700 | $370,200 | $474,900 | $4,352 |
| 2023 | $85,600 | $293,000 | $378,600 | $3,876 |
| 2022 | $82,400 | $258,000 | $340,400 | $3,846 |
| 2021 | $80,500 | $218,000 | $298,500 | $3,716 |
| 2020 | $77,300 | $200,000 | $277,300 | $3,561 |
| 2019 | $76,300 | $190,000 | $266,300 | $3,614 |
| 2018 | $76,300 | $168,000 | $244,300 | $3,508 |
| 2017 | $74,000 | $150,000 | $224,000 | $3,268 |
| 2016 | $70,300 | $140,000 | $210,300 | $2,744 |
| 2015 | $72,200 | $70,000 | $142,200 | $2,853 |
| 2014 | $62,900 | $75,000 | $137,900 | $2,754 |
| 2013 | $62,900 | $75,000 | $137,900 | $2,485 |
| 2012 | $89,900 | $75,000 | $164,900 | $2,963 |
| 2011 | $89,900 | $75,000 | $164,900 | $2,785 |
| 2010 | $89,900 | $75,000 | $164,900 | $2,711 |
| 2009 | $89,900 | $75,000 | $164,900 | $2,642 |
| 2008 | $89,900 | $75,000 | $164,900 | $2,627 |
| 2007 | $89,900 | $75,000 | $164,900 | $2,626 |
Property facts
Year built
1972
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
864 sqft
Lot size
436 sqft
ZIP code
07760
City
Sea Bright
Street
Ocean Ave
Coordinates
40.35885, -73.97320
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,296
Gross rental yield
4.03%
Implied cap rate
2.62%
Trend-extrapolated value
—
Frequently asked questions
When did 1187 Ocean Ave last sell?
1187 Ocean Ave most recently sold on Mar 4, 2022 for $386,000.
What is the current tax assessment for 1187 Ocean Ave?
The most recent total assessment for 1187 Ocean Ave (year 2025) is $474,900 with $4,060 in property tax.
How does 1187 Ocean Ave's assessment compare to its last sale price?
The current assessment is 23.0% above the last sale price of $386,000.
When was 1187 Ocean Ave built?
1187 Ocean Ave was built in 1972.
How does 1187 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 1187 Ocean Ave?
1187 Ocean Ave is a 1 bed, 1 bath, 864 sqft, 436 sqft lot condos.
Is 1187 Ocean Ave a flip candidate?
No — 1187 Ocean Ave does not appear in our flips dataset.
Is 1187 Ocean Ave a tax-appeal candidate?
Yes — 1187 Ocean Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.6%
2026 Q3
$2.95M
2026 Q4
$3.02M
ZIP 07760 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean Ave