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316 Oakley Avenue, Long Branch, NJ, 07740

6beds
6baths
5,100sqft
$3,399,000
$666price/sqft
$23,423/moest. monthly cost
$936,920/yrincome needed

About This Home

Welcome to 316 Oakley Avenue, a brand-new Transitional Mediterranean-style home in one of Long Branch's most desirable neighborhoods. Scheduled for completion Summer 2026, this stunning residence will offer approximately 5,100 sq ft including a full basement. Designed for modern luxury living, it features 6 bedrooms, a private study, spacious den, expansive living and dining areas with custom built-ins, and a high-end kitchen. Outdoor highlights include a gunite pool, cabana, and exterior bath. A rare opportunity to own exceptional new construction.

Getting Around

46
WalkingCar-Dependent
21
TransitMinimal Transit
42
BikeSomewhat Bikeable

Schools

4/10
4/10
4/10
Long Branch High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Ceilings - High,Finished,Full,Heated

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Recessed Lighting

Heating & Cooling

  • Heating features: 2 Zoned Heat
  • Cooling features: 2 Zoned AC

Interior Area

  • Total structure area: 5,100
  • Total interior livable area: 5,100 sqft

Property

Details

  • Parcel number: 2700073000000007
  • Zoning description: Residential

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Cabana,Fenced,Gunite,Heated,In Ground,Salt Water,Self Cleaner
  • Exterior features: Storage,Swimming,Lighting
  • Topography of land: Level

Lot

  • Lot size: 8,276 sqft
  • Lot size dimensions: 75 x 112

Parking

  • Parking features: Paver Block,Other,Driveway
  • Has garage: Yes
  • Has uncovered spaces: 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
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $17,187$206,244
Home Insurance *$1,300$15,600
Property Taxes $4,374$52,488
Electricity $562$6,746
Total$23,423$281,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$803,074/yr
40% on housing$702,690/yr
45% on housing$624,613/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$666This listing

vs Other Active Listings

Avg $/sqft

ZIP 07740$781
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07740$460
Monmouth County$384

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

DateEventPrice
2026-03-02Listed for sale$3,499,000
2025-11-01Listing removed$1,400,000
2025-10-01Price change$1,400,000
2025-09-08Price change$1,475,000
2025-08-05Listed for sale$1,499,999
2025-01-21Sold$845,000

For Sale by Agent

AgentJoseph Shalom
BrokerageCathy Ades Real Estate LLC

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