




700 Ocean Avenue #529, Spring Lake, NJ, 07762
About This Home
Experience the timeless elegance of the iconic Essex & Sussex, where historic charm meets an active, maintenance-free coastal lifestyle. This beautifully appointed 5th floor southfacing studio is the perfect Jersey Shore pied-a-terre, offering abundant natural light and sweeping views of both the Atlantic Ocean and picturesque Spring Lake. Thoughtfully designed with hardwood floors, the residence features a renovated banquette area with built-in storage and a convenient two-drawer refrigerator, maximizing both style and functionality. Step onto your private balcony to enjoy ocean breezes, breathtaking sunrises over the Atlantic, and tranquil lake views, a rare combination that makes every day feel like a getaway. Today's Essex & Sussex appeals to a new generation of active adults seeking an engaging coastal lifestyle with the convenience of lock-and-leave living. More than a residence, it's a welcoming community where neighbors become friends and there's always something to enjoy. Residents enjoy concierge service, valet parking, an elegant dining room, fitness center, library, solarium, billiards room, ping pong room, card and gathering rooms, beautifully appointed common areas, and a commercial bistro kitchen available for those who enjoy preparing an occasional meal. A full calendar of live entertainment, musical performances, guest speakers, and social events creates a vibrant atmosphere unlike any other 55+ community along the Jersey Shore. Just steps from the beach, boardwalk, boutique shopping, restaurants, and charming downtown Spring Lake, Unit 529 offers a rare opportunity to own in one of the Jersey Shore's most iconic oceanfront communities.
Getting Around
Schools
Construction
Condition
- Year built: 2002
Materials
- Construction materials: Synthetic Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Custom
- Property subType: Adult Community
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Heat Pump
Property
Details
- Parcel number: 4700043000000001529
Features
- Stories: 1
- Exterior features: Balcony
- On waterfront: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Hurricane
- Heat Wave
- Ice Storm
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,523 | $30,276 |
| Home Insurance * | $68 | $816 |
| Property Taxes | $636 | $7,632 |
| Electricity | $193 | $2,318 |
| Total | $3,420 | $41,040 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $499,000 |
| 2014-10-17 | Sold | $195,000 |
