20 Melrose Terrace #604, Long Branch

20 Melrose Terrace #604 Long Branch was sold on Jul7 29th, 2022. The property was privately listed for sale by David “DJ” Ten Hoeve of Keller Williams Realty Central Monmouth.

The “Crown Jewel” of The Lofts at Pier Village, Unit #604 is the only penthouse oceanfront condominium unit in the complex with truly unobstructed Atlantic Ocean Views. Perched atop the building, this unit faces East for spectacular sunrises over the Atlantic Ocean. With nearly 1,300sf of terrace space, the oceanfront outdoor space is unrivaled in the area. Sitting atop the building affords this unit lofty 13′ ceilings and sunlit patio space not blocked by any balcony of a potential unit above it. Whether taking in the water views from the Master Suite, entertaining space, or terrace, you’re left with the same “on top of the world’ feeling.

One of the most sought after new construction buildings in New Jersey, The Lofts at Pier Village was developed by Extell Development, a mainstay in Manhattan high-rises. The Lofts at Pier Village which took 3 years to complete brought Manhattan-style living to the Jersey Shore: underground (under-building) parking, doorman, concierge, BuildingLink connectivity, pool, rec room, and a gym. Completing their “sell out” in 2022, the value of units in this building has risen sharply since 2019 construction began and continues on a strong upward trajectory. One reason, the rare 30-year tax abatement, providing an attractive “savings” from normally high New Jersey property taxes.

Just a stone’s throw from some of the best dining, shopping, and beach access in Monmouth County, The Lofts at Pier Village attracts buyers from Manhattan, Brooklyn, northern NJ, and Monmouth County residents looking to downsize and simplify. The new owners of this amazing unit are sure to the high-energy summer vibe as well as the more reserved Winter months in their new space.