NOT LISTED FOR SALE

1073 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $6,938,000 - $9,328,975

6 Beds
6 Baths
6,627 Sq Ft
$1,269/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $11,350,000 $1,713 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $48,410/month

89 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • 0.72 Acre Lot
  • G Harold Antrim Elementary School Rated A-
  • Custom Home
  • New Kitchen

About This Home

As of May 2024

Presenting one of the finest homes being offered at the Jersey shore, located on one of the deeper sprawling oceanfront properties in Mantoloking. High end appointments throughout, quality workmanship, and attention to detail is the mark of Merit Homes. This 6 bedroom, 4/2 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. If you are looking for the ultimate luxury home look no further.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 02/09/2024

Last Buyer's Agent

Ed O'Malley

Diane Turton, Realtors-Bay Head License #0122591

Diane Turton, Realtors-Bay Head

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,337

Year Built

  • Built in 2017

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 70 x 450
  • Beach Front

Parking

  • 2 Car Attached Garage
  • Double-Wide Driveway
  • Gravel Driveway

Home Design

  • Custom Home
  • Dutch Colonial Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Wood Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 6,627 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the upper level
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Water Views
  • Walk-Out Basement
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only

Pool

  • In Ground Pool
  • Outdoor Shower
  • Saltwater Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage

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

Listing and Financial Details

  • Assessor Parcel Number 20-00023-0000-00027

Community Details

Overview

  • No Home Owners Association

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,337

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront
  • ResoPoolFeatures: Gunite, In Ground, Salt Water
  • Subdivision Name: None
  • Architectural Style: Dutch Colonial, Custom, Shore Colonial
  • Reso Interior Features: Balcony, Built-Ins, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Dec Molding, Elevator, French Doors, Wet Bar, Eat-in Kitchen, Recessed Lighting
  • Year Built: 2017
  • Contract Info List PriceSqFt: 2112.42
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.72
  • General Property Info Lot Dimensions: 70 x 450
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen KitchenDine: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • PoolSaltWater: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Security System3: Yes
  • Exterior Rec Area: Yes
  • SidingCedarShake: Yes
  • Interior Ceilings - Beamed: Yes
  • PoolGunite: Yes
  • Style Dutch Colonial: Yes
  • Foyer Dec Molding2: Yes
  • Roof Wood3: Yes
  • Dining Room Built-Ins3: Yes
  • Dining Room French Doors3: Yes
  • Lot Description Beachfront2: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 3
  • Basement:Walk-Out Access: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.72
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Outdoor Shower, Patio, Rec Area, Security System, Storage, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Double Wide Drive
  • General Property Info:Garage: Yes
  • Parking:Gravel2: 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

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 450
  • Lot Size Sq Ft: 31363.2
  • Parcel #: 20-00023-0000-00027

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 43337.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 22, 2024
Sold by
1073 Ocean Property Llc
Bought by
Goldman Michael and Goldman Carolyn
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Ed O'Malley
Diane Turton, Realtors-Bay Head
List Price
$13,999,000
Sold Price
$11,350,000
Premium/Discount to List
-$2,649,000
-18.92%
Views
110
Current Estimated Value
$8,412,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,937,342
Avg. Annual Appreciation
-18.10%

Purchase Details

Listed on
Apr 26, 2017
Closed on
Aug 2, 2017
Sold by
1073 Ocean Avenue Llc
Bought by
1073 Ocean Property Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Mary Lou Mannino
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Sold Price
$6,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%

Purchase Details

Listed on
Jul 2, 2015
Closed on
Dec 10, 2015
Sold by
Olivet Norwood D and Olivet Antonia F
Bought by
1073 Ocean Avenue Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.25%

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldman Michael $11,350,000 None Listed On Document
1073 Ocean Property Llc $6,250,000 --
1073 Ocean Avenue Llc $2,500,000 Old Republic National Title
Bay Head Montoloking Land Co -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $11,350,000 -18.9% $1,713 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $13,999,000 +124.0% $2,112 / Sq Ft
08/04/2017 08/04/17 Sold $6,250,000 +150.0% $1,008 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Sold $2,500,000 -- -- 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 $51,480 $6,000,000 $2,541,000 $3,459,000
2024 $50,510 $6,000,000 $2,541,000 $3,459,000
2023 $43,337 $6,189,900 $2,541,000 $3,648,900
2022 $43,337 $6,191,000 $2,541,000 $3,650,000
2021 $43,585 $6,191,000 $2,541,000 $3,650,000
2020 $44,080 $6,191,000 $2,541,000 $3,650,000
2019 $38,727 $5,516,700 $2,541,000 $2,975,700
2018 $38,176 $5,516,700 $2,541,000 $2,975,700
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22403734

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00027