$3,800,000
SOLD OCT 7, 2024

1025 Ocean Ave Mantoloking, NJ 08738

0.79 Acre
$4,810,127 Price per Acre
34,412 Sq Ft Lot

Recently Sold

9% Above List Price

929 Days on Market

About This Lot

As of October 2024

Mantoloking Oceanfront 70' x 490' One of the most sought after sprawling oceanfront lots is now available to purchase. The new dune is constructed to EL 22', as per Mantoloking Boro., 1st floor can be flush with the dune. Commanding 1st floor ocean views. This property is within close proximity to East Ave., affording the maximum amount of privacy.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 12/02/2020

Last Buyer's Agent

Lawrence Greenberg

Van Sciver REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,735

Year Built

  • 1952

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 70 x 490
  • Beach Front

Schools

  • Adamsville Elementary School
  • Memorial Middle School
  • Point Pleasant Beach High School

Additional Features

  • Water Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 20-00023-0000-00003

Property Details

Property Type

Land

Est. Annual Taxes

$20,735

Year Built

1952

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.79
  • General Property Info Lot Dimensions: 70 x 490
  • Location Middle School: Memorial
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None
  • Year Built (Public Record): 1952

Exterior Features

  • Acres: 0.79
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 490
  • Lot Size Sq Ft: 34412.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 20-00023-0000-00003
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Adamsville
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Oct 3, 2024
Sold by
Solimine Emil W
Bought by
1025 Ocean Ave Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
List Price
$3,500,000
Sold Price
$3,800,000
Premium/Discount to List
$300,000
8.57%
Total Days on Market
929
Views
58
Current Estimated Value
$3,842,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,077
Avg. Annual Appreciation
1.61%

Purchase Details

Closed on
May 19, 2014
Sold by
Burke Stephen E
Bought by
Bay Head Montoloking Land Co

Purchase Details

Closed on
Apr 26, 2014
Sold by
Stephenson Barbara
Bought by
Burke Stephen E

Purchase Details

Closed on
May 11, 1995
Sold by
Emar Group Inc
Bought by
Solimine Emil
Source: Public Records

Similar Property in Mantoloking, NJ

  • 1027 Ocean Ave, Mantoloking, NJ 08738

    $3,500,000

    • Land
    • 0.79 Acre
    • $4,430,380 per Acre
    • 1027 Ocean Ave
    • Mantoloking, NJ

    Mantoloking Oceanfront 70' x 490' One of the most sought after sprawling oceanfront lots is now available to purchase. The new dune is constructed to EL 22', as per Mantoloking Boro., 1st floor can be flush with the dune. Commanding 1st floor ocean views. This property is within close proximity to East Ave., affording the maximum amount of privacy.

    Lawrence Greenberg M. Van Sciver REALTORS

    Section Image
See All Homes in Mantoloking

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,800,000 Evident Title Agency
Deed -- None Available
Quit Claim Deed -- None Available
Deed $1,107,733 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $3,800,000 +8.6% --
06/19/2023 06/19/23 Pending -- -- --
02/08/2022 02/08/22 For Sale $3,500,000 0.0% --
01/20/2021 01/20/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $3,500,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,735 $2,541,000 $2,541,000 $0
2023 $17,787 $2,541,000 $2,541,000 $0
2022 $17,787 $2,541,000 $2,541,000 $0
2021 $17,889 $2,541,000 $2,541,000 $0
2020 $18,092 $2,541,000 $2,541,000 $0
2019 $17,838 $2,541,000 $2,541,000 $0
2018 $19,256 $2,782,600 $2,541,000 $241,600
2017 $19,757 $2,834,600 $2,541,000 $293,600
2016 $19,672 $2,834,600 $2,541,000 $293,600
2015 $17,711 $2,593,100 $2,541,000 $52,100
2014 $16,259 $2,593,100 $2,541,000 $52,100
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Greenberg

    Seller's Agent in 2024

    Lawrence Greenberg

    M. Van Sciver REALTORS

    (732) 691-7524

    36 in this area

    93 Total Sales

    Lawrence Greenberg
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22042052

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00003

New Jersey Ocean County Mantoloking 08738

1025 Ocean Ave, Mantoloking, NJ

This home is located at 1025 Ocean Ave, Mantoloking, NJ 08738 and is currently priced at $3,800,000. This property was built in 1952. 1025 Ocean Ave is a home located in Ocean County with nearby schools including G Harold Antrim Elementary School, Point Pleasant Beach High School, and St. Peter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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