305/20 Melrose Terrace

Long Branch NJ 07740

1775 sq. ft.

15246 sq. ft.

Condo

Last sold for $1,950,000

Leonard J DiPaolo, last sold this property on 02 March 2026 after 357 days on market.

Overview

Discover the ''beach house'' you've been longing for in this breathtaking 3-bedroom, 3-bath oceanfront gem at the Lofts at Pier Village. Infused with coastal flair, the great room dazzles with its rustic beamed ceiling, while the primary suite enchants with a coffered ceiling, chandelier, spacious custom closets, and a luxurious ceramic bathroom. A second ensuite bedroom ensures guest comfort, and the gourmet kitchen—complete with Miele appliances and quartz countertops—beckons culinary creativity. Two distinct terraces offer front-row seats to ocean waves and stunning sunrises. All of this plus a 30 year tax abatement program that reduces the real estate taxes to $7712.84 per year!! THE ABATEMENT IS TOTALLY TRANSFERABLE TOO! The Lofts pampers its residents with concierge service, a 24-hour front desk, a resort-inspired pool with towel service, fitness and recreation facilities, including a club room, viewing room, game room, and kids play room. The convenience of eating and entertainment establishments, shopping, the famous Long Branch beaches and boardwalk are all outside the secured and concierge lobby at 20-30 Melrose Terrace.

Features

3 bedrooms

3 bathrooms

1 carspace

1 garage space

1775 sq. ft. floor area

15246 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Long Branch over the last 12 months, the estimated median property value of 305/20 Melrose Terrace is $962.5k.

Median value

$962.5k

Estimated value range

$350k - $2.7m

Median days on market

Estimated value trend

-20%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Long Branch. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 305/20 Melrose Terrace

2026

Sold

$1,950,000

02 Mar 2026 by Leonard J DiPaolo, of Coldwell Banker Realty

2022

Sold

$1,635,000

24 May 2022 by Teresa Minnick, of TCM Realty Group, LLC

2020

Sold

$1,200,000

30 Jun 2020 by Teresa Minnick, of Extell Marketing Group NJ LLC

Happy sellers in Long Branch

We have insufficient information to provide an overview of customer satisfaction for Long Branch. Viewing the agent profiles, reviews and sales for Long Branch can provide insights for this location.