Property detail

Location Address 5505 N OCEAN BLVD 5-102
Municipality OCEAN RIDGE
Parcel Control Number 46-43-45-34-38-001-1020
Subdivision COLONIAL RIDGE CORP 5505 N OCEAN BLVD OCEAN RIDGE FL
Official Records Book/Page 32597 / 88
Sale Date 06/08/2021
Legal Description COLONIAL RIDGE CORP CAMBRIDGE APT 102

Owner INFORMATION

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Owner(s) Mailing Address
AVALLONE JOSEPH J &
AVALLONE LINDA S
8 LORI RD
MONMOUTH BEACH NJ 07750 1012

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/08/2021 $145,000 32597 / 00088 PRIOR LEASE-COOP AVALLONE JOSEPH J &
06/27/2016 $234,500 28427 / 01481 PRIOR LEASE-COOP PARSONS JOSEPH L SR
03/18/2015 $90,000 27460 / 00687 PRIOR LEASE-COOP PARSONS JOSEPH L SR
03/13/2015 $0 27460 / 00672 PRIOR LEASE-COOP SAVITS JANET J
06/03/2003 $10 15470 / 00178 PRIOR LEASE-COOP MORI LENO
03/01/1991 $60,000 06743 / 01025 PRIOR LEASE-COOP MORI LENO

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 624
FEP Finished Enclosed Porch 60
Total Square Footage 684
Area Under Air 624

Number of Units 1
Total Square Feet* 605
Acres
Property Use Code 0510—COOPERATIVE
Zoning RMM—MEDIUM DENSITY MULTI-FAMILY (46-OCEAN RIDGE)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name COLONIAL RIDGE CORP
Area 605
Year Built 1969
No of Bedroom(s) 1
No of Bath(s) 1
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Finished Encl. Porch 1980 60

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $152,477 $210,421 $209,427 $123,527 $114,433
Land Value $0 $0 $0 $0 $0
Total Market Value $152,477 $210,421 $209,427 $123,527 $114,433
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $152,477 $210,421 $209,427 $123,527 $114,433 $128,440 $128,840 $160,840 $176,000 $85,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $152,477 $210,421 $209,427 $123,527 $114,433 $128,440 $128,840 $160,840 $176,000 $85,000

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $152,477 $149,468 $135,880 $123,527 $114,433
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $152,477 $149,468 $135,880 $123,527 $114,433
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $152,477 $149,468 $135,880 $123,527 $114,433 $128,440 $128,840 $160,840 $176,000 $49,579
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $25000
Taxable Value $152,477 $149,468 $135,880 $123,527 $114,433 $128,440 $128,840 $160,840 $176,000 $24,579

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $2,776 $3,108 $2,970 $2,332 $2,221
NON AD VALOREM $116 $107 $103 $100 $96
TOTAL TAX $2,892 $3,215 $3,073 $2,432 $2,317
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $2,776 $3,108 $2,970 $2,332 $2,221 $2,496 $2,531 $3,072 $3,395 $488
NON AD VALOREM $116 $107 $103 $100 $96 $95 $97 $98 $98 $97
TOTAL TAX $2,892 $3,215 $3,073 $2,432 $2,317 $2,591 $2,628 $3,170 $3,493 $585

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.