• 12 days on site
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Experience elevated coastal living in one of the premier oceanfront residences at The Lofts at Pier Village. Perfectly positioned to capture breathtaking, unobstructed views of the Atlantic Ocean, this exceptional 2-bedroom, 2.5-bath home offers unparalleled indoor-outdoor lifestyle highlighted by an extraordinary 547-square-foot private balcony - one of the largest balconies in the entire community. Overlooking the ocean, this remarkable outdoor living space serves as a true extension of the home and provides the perfect setting for entertaining, dining al fresco, or simply enjoying the sights and sounds of the shoreline. Inside, no detail has been overlooked. Thoughtfully customized and meticulously upgraded, this residence lives more like a luxury home than a condominium The designer kitchen is a showpiece featuring premium Miele appliances, stunning quartzite waterfall-edge countertops, and a custom-built pantry providing exceptional storage and functionality. The spacious living area is enhanced by a bespoke built-in entertainment center and bar complete with integrated lighting, abundant storage, and dual Marvel refrigerators for wine and beverages. Throughout the home, recessed LED lighting creates a warm and sophisticated ambiance, while decorative shiplap accents and architectural molding add timeless character and elegance. Fully customized closet systems offer exceptional organization with built-in shelving, drawers, and storage solutions. Hunter Douglas PowerView motorized blinds provide effortless convenience and privacy at the touch of a button. The crown jewel of this residence remains the expansive 547-square-foot oceanfront balcony, a rare and highly coveted feature that offers panoramic water views and an unmatched connection to the beach and ocean beyond. Adding even greater value is the property's long-term tax abatement, with approximately 24 years remaining. Property taxes for 2025 were just $7,422, offering significant savings compared to many comparable luxury oceanfront residences. Residents of The Lofts at Pier Village enjoy an unmatched amenity package designed to complement the resort-style beachfront lifestyle. Amenities include a stunning outdoor pool with towel service, walking paths, bocce courts, a beautifully appointed community room, state-of-the-art fitness center, outdoor kitchen and bar area with grilling stations and fire pits, game room, movie theater, and a dedicated children's playroom. Combining luxury finishes, exceptional outdoor living, valuable tax benefits, and world-class amenities, this is a rare opportunity to own one of the most desirable oceanfront residences in Pier Village. Enjoy direct beach access and a vibrant coastal lifestyle just steps from acclaimed restaurants, boutique shopping, entertainment, transportation to NYC (ferry & train) and of course the Atlantic Ocean in your backyard.

Source: Monmouth Ocean Regional MLS, MLS#: 22618491

Listing provided courtesy of Douglas Elliman of NJ LLC- MLS# 22618491MLS Provider
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  • Property Type
    Residential
  • Lot
    0.31 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 20 Melrose Terrace #506


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/25/2026Source: Monmouth Ocean Regional MLS Status Change
Active
6/18/2026Source: Monmouth Ocean Regional MLS Added to Database
June 18, 2026