NOT LISTED FOR SALE

1047 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $5,452,000 - $10,429,280

6 Beds
6.5 Baths
7,400 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $9,350,000 $1,264 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $47,391/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Custom Home
  • 0.76 Acre Lot
  • G Harold Antrim Elementary School Rated A-
  • Waterfront
  • 1 Fireplace

About This Home

As of June 2022

JUST COMPLETED - Merit Homes presents one of the finest homes being offered at the Jersey shore, located on one of the deepest oceanfront properties in Mantoloking. High end appointments throughout, quality workmanship, and attention to detail is the mark of Merit Homes. This 6 bedroom, 6/1 bath Shingle style home offers old world charm and the amenities of today. A great home for entertaining offering generous open spaces, large wide plank oak floors, custom trim/built-ins, custom inset cabinets with butlers pantry and salt water pool with expansive patio. Located within close proximity to East Avenue, the Mantoloking Yacht Club, center of town in Bay Head, and train make this the ideal location.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 05/21/2022

Last Buyer's Agent

Angela Pfisterer

Ward Wight Sotheby's International Realty License #1005909

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,109

Year Built

  • Built in 2022

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 70 x 470
  • Waterfront

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 7,400 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Water Views
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • Outdoor Pool

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-00023-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,109

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 2022
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.76
  • General Property Info Lot Dimensions: 70 x 470
  • Location Middle School: Memorial
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Roof Wood3: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Stories: 3
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.76
  • Waterfront: Yes
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 470
  • Lot Size Sq Ft: 33105.6
  • Parcel #: 20-00023-0000-00014

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 21109.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 23, 2022
Sold by
1047 Ocean Avenue Llc
Bought by
Narlinger Michael H Trust
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Angela Pfisterer
Ward Wight Sotheby's International Realty
List Price
$9,495,000
Sold Price
$9,350,000
Premium/Discount to List
-$145,000
-1.53%
Current Estimated Value
$8,075,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,274,907
Avg. Annual Appreciation
-4.46%
Original Mortgage
$7,012,500
Interest Rate
3.75%
Mortgage Type
Balloon

Purchase Details

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

Purchase Details

Closed on
Apr 2, 1996
Sold by
Lowcher Richard
Bought by
Symons Craig and Symons Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Narlinger Michael H Trust $9,350,000 Fidelity National Title
Bay Head Montoloking Land Co -- None Available
Symons Craig $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael H Narlinger Trust $7,012,500
Closed Michael H Narlinger Trust $7,012,500
Previous Owner Symons Craig S $250,000
Previous Owner Symons Craig $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $9,350,000 -1.5% $1,264 / Sq Ft
05/21/2022 05/21/22 For Sale $9,495,000 +209.3% $1,283 / Sq Ft
03/06/2020 03/06/20 Sold $3,070,000 -12.2% --
03/04/2020 03/04/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $3,495,000 -- --
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 $44,794 $5,220,700 $2,998,400 $2,222,300
2024 $42,563 $5,220,700 $2,998,400 $2,222,300
2023 $36,520 $5,216,100 $2,998,400 $2,217,700
2022 $20,989 $2,998,400 $2,998,400 $0
2021 $21,109 $2,998,400 $2,998,400 $0
2020 $18,092 $2,541,000 $2,541,000 $0
2019 $17,838 $2,541,000 $2,541,000 $0
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 2022

    Lawrence Greenberg

    M. Van Sciver REALTORS

    (732) 691-7524

    25 in this area

    72 Total Sales

    Lawrence Greenberg
    Section Image
  • Angela Pfisterer

    Buyer's Agent in 2022

    Angela Pfisterer

    Ward Wight Sotheby's International Realty

    (732) 600-0613

    1 in this area

    65 Total Sales

    Angela Pfisterer
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Michael Van Sciver

    M. Van Sciver REALTORS

    (732) 600-3218

    1 in this area

    6 Total Sales

    Michael Van Sciver
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22215539

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00014

New Jersey Ocean County Mantoloking 08738

1047 Ocean Ave, Mantoloking, NJ

This home is located at 1047 Ocean Ave, Mantoloking, NJ 08738 since 21 May 2022 and is currently estimated at $8,075,093, approximately $1,091 per square foot. This property was built in 2022. 1047 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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