NOT LISTED FOR SALE

1035 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $6,233,000 - $7,630,000

0.76 Acre
$9,073,539 Price per Acre
33,236 Sq Ft Lot

Last Sold August 18, 2014

Last sale price $2,925,000

Est. 137% increase in value since last sale

Current estimated payment $39,589/month

113 Days on Market

About This Lot

As of August 2014

Build the beach house of your dreams on one of the deepest lots in town...70 x 475...private...large pine trees...gentle ocean breezes...be a part of the new Mantoloking.

Last Agent to Sell the Property

Susan Laymon

Childers Sotheby's Intl Realty License #9133075 Listed on: 02/12/2014

Childers Sotheby's Intl Realty

Last Buyer's Agent

Andrea Smith

Van Sciver REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,362

Lot Details

  • Lot Dimensions are 70 x 475
  • Ocean Front

Schools

  • Antrim Elementary 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 00023000000008

Property Details

Property Type

Land

Est. Annual Taxes

$39,362

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 70 X 475
  • WaterSewer Public Water: Yes
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • WaterSewer Storm Sewer: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 70 X 475
  • Parcel #: 00023000000008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Giles Jill P and The Jill P Giles Revocable Tru
Bought by
Giles William T and Giles Chrisopher
Current Estimated Value
$6,923,110

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jul 28, 2014
Sold by
Colton Richard and Colton Laura Bonomo
Bought by
Jill P Giles Revocable Trust and Giles Jill P
Seller's Agent
Susan Laymon
Childers Sotheby's Intl Realty
Buyer's Agent
Andrea Smith
Van Sciver REALTORS
Sold Price
$2,925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

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
Feb 9, 1998
Sold by
Bonomo Richard A and Colton Laura Bonomo
Bought by
Colton Richard and Colton Laura Bonomo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giles William T -- Coastal Title Agency Inc
Giles Family Trust -- Fidelity National Title
Jill P Giles Revocable Trust $2,925,000 Fidelity Natl Title Ins Co
Bay Head Montoloking Land Co -- None Available
Burke Stephen E -- None Available
Colton Richard $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colton Richard $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Sold $2,925,000 -- --
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 $39,362 $4,587,700 $2,541,000 $2,046,700
2024 $37,396 $4,587,700 $2,541,000 $2,046,700
2023 $32,087 $4,582,800 $2,541,000 $2,041,800
2022 $32,087 $4,583,900 $2,541,000 $2,042,900
2021 $32,271 $4,583,900 $2,541,000 $2,042,900
2020 $32,637 $4,583,900 $2,541,000 $2,042,900
2019 $32,179 $4,583,900 $2,541,000 $2,042,900
2018 $31,721 $4,583,900 $2,541,000 $2,042,900
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

  • S

    Seller's Agent in 2014

    Susan Laymon

    Childers Sotheby's Intl Realty

    (908) 330-7103

    1 in this area

    5 Total Sales

    Susan Laymon
    Section Image

  • A

    Buyer's Agent in 2014

    Andrea Smith

    Van Sciver REALTORS

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21405070

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00008

New Jersey Ocean County Mantoloking 08738

1035 Ocean Ave, Mantoloking, NJ

Not Listed for Sale

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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