NOT LISTED FOR SALE

1051 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $5,288,000 - $8,367,000

0.75 Acre
$9,494,056 Price per Acre
32,670 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $2,510,000

Est. 184% increase in value since last sale

Current estimated payment $40,837/month

36 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 0.75 Acre Lot
  • G Harold Antrim Elementary School Rated A-

About This Lot

As of August 2014

Mantoloking Oceanfront! 470' of warm sands right on the ocean. Exceptional location!Design and build your new Oceanfront.

Last Agent to Sell the Property

Shawn Clayton

Clayton & Clayton Inc.Realtors License #9035151 Listed on: 05/05/2014

Last Buyer's Agent

Shawn Clayton

Clayton & Clayton Inc.Realtors License #9035151 Listed on: 05/05/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,551

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 70x470
  • Beach Front

Property Views

  • Ocean Views

Schools

  • Antrim Elementary School
  • Point Pleasant Beach High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 00023000000016

Property Details

Property Type

Land

Est. Annual Taxes

$10,551

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront, Oceanfront
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.75
  • General Property Info Lot Dimensions: 70X470
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Gas On Site3: Yes
  • Water Type Beachfront: Yes
  • Electric On Site2: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.75
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 70X470
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 00023000000016
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 10551.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2018
Sold by
Guller Robert H and Guller Elaina Guller
Bought by
Guller Robert H and Guller Elaina
Current Estimated Value
$7,120,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.95%

Purchase Details

Closed on
Apr 6, 2015
Sold by
Guller Robert H
Bought by
Municipal Corp

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 11, 2014
Sold by
Rose Adam R
Bought by
Guller Robert H
Seller's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Buyer's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Sold Price
$2,510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$1,250,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Listed on
Mar 4, 2012
Closed on
Oct 25, 2012
Sold by
Hall Thomas E and Hall Lisa S
Bought by
Rose Adam R
Seller's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Buyer's Agent
Jeffrey Childers
Childers Sotheby's Intl Realty
Sold Price
$3,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Apr 14, 1998
Sold by
Hall Thomas E and Hall Lisa S
Bought by
Hall Thomas E and Hall Lisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,950
Interest Rate
7.11%
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
Guller Robert H -- --
Municipal Corp -- None Available
Guller Robert H $2,510,000 Chicago Title Insurance Co
Bay Head Montoloking Land Co -- None Available
Rose Adam R $3,400,000 None Available
Hall Thomas E -- --
Hall Thomas E $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Guller Robert H --
Previous Owner Guller Robert H $1,250,000
Previous Owner Hall Thomas E $649,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2014 08/20/14 Sold $2,510,000 -26.2% --
10/26/2012 10/26/12 Sold $3,400,000 -- -- View Prior Sale
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 $41,918 $4,885,600 $2,500,000 $2,385,600
2024 $39,830 $4,885,600 $2,500,000 $2,385,600
2023 $34,175 $4,881,100 $2,500,000 $2,381,100
2022 $34,175 $4,882,100 $2,500,000 $2,382,100
2021 $17,600 $2,500,000 $2,500,000 $0
2020 $17,800 $2,500,000 $2,500,000 $0
2019 $17,550 $2,500,000 $2,500,000 $0
2018 $17,300 $2,500,000 $2,500,000 $0
2017 $17,711 $2,541,000 $2,541,000 $0
2016 $16,753 $2,414,000 $2,414,000 $0
2015 $16,488 $2,414,000 $2,414,000 $0
2014 $15,136 $2,414,000 $2,414,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21417643

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00016