NOT LISTED FOR SALE

1033 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $6,239,000 - $9,879,000

0.77 Acre
$9,976,994 Price per Acre
33,585 Sq Ft Lot

Last Sold September 11, 2017

Last sale price $3,799,000

Est. 102% increase in value since last sale

Current estimated payment $44,971/month

3 Days on Market

About This Lot

As of September 2017

Mantoloking Oceanfront 70' x 480' One of the most sought after sprawling oceanfront lots is now available to purchase. This property posses a C.A.F.R.A permit to build with a 50' x 225' footprint, that can accommodate a 10,000+ sqft. home. The proposed dune will be 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. Fully approved building plans included with sale done by Jeff Schneider.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 07/18/2017

Last Buyer's Agent

Denise Dreyer

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,635

Lot Details

  • Lot Dimensions are 70 x 480
  • Ocean Front

Schools

  • 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 20-00023-0000-00007

Property Details

Property Type

Land

Est. Annual Taxes

$17,635

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 70 x 480
  • Location Middle School: Memorial
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Waterfront: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 480
  • Parcel #: 20-00023-0000-00007

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 17635.0

MLS Schools

  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 21, 2017
Sold by
1033 Ocean Ave Llc
Bought by
Baker William B and Hardman Cassandra A
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Denise Dreyer
Coldwell Banker Realty
Sold Price
$3,799,000
Current Estimated Value
$7,692,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,893,262
Avg. Annual Appreciation
9.12%
Original Mortgage
$4,869,000
Outstanding Balance
$4,056,210
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$3,636,052

Purchase Details

Closed on
Jan 21, 2016
Sold by
Martinez Carol and Zawadsky Marilyn M
Bought by
1033 Ocean Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.81%

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
Dec 23, 2007
Sold by
Grit Zawadsky Joseph P and Grit Marilyn M Zawadsky
Bought by
Zawadsky Joseph P and Zawadsky Mark Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Baker William B $3,779,000 First Legacy Group Title
1033 Ocean Ave Llc $3,200,000 --
Bay Head Montoloking Land Co -- None Available
Burke Stephen E -- None Available
Zawadsky Joseph P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker William B $4,869,000
Previous Owner 1033 Ocean Ave Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2017 09/11/17 Sold $3,799,000 -- --
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
2025 $50,263 $5,858,100 $2,541,000 $3,317,100
2024 $47,802 $5,858,100 $2,541,000 $3,317,100
2023 $41,007 $5,858,100 $2,541,000 $3,317,100
2022 $41,007 $5,858,100 $2,541,000 $3,317,100
2021 $41,241 $5,858,100 $2,541,000 $3,317,100
2020 $41,710 $5,858,100 $2,541,000 $3,317,100
2019 $37,375 $5,324,100 $2,541,000 $2,783,100
2018 $17,584 $2,541,000 $2,541,000 $0
2017 $17,711 $2,541,000 $2,541,000 $0
2016 $17,635 $2,541,000 $2,541,000 $0
2015 $17,355 $2,541,000 $2,541,000 $0
2014 $15,932 $2,541,000 $2,541,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Greenberg

    Seller's Agent in 2017

    Lawrence Greenberg

    M. Van Sciver REALTORS

    (732) 691-7524

    25 in this area

    70 Total Sales

    Lawrence Greenberg
    Section Image

  • D

    Buyer's Agent in 2017

    Denise Dreyer

    Coldwell Banker Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21728115

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00007

New Jersey Ocean County Mantoloking 08738

1033 Ocean Ave, Mantoloking, NJ

This home is located at 1033 Ocean Ave, Mantoloking, NJ 08738 since 18 July 2017 and is currently estimated at $7,692,262. 1033 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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