NOT LISTED FOR SALE

1079 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $6,936,000 - $10,388,910

0.71 Acre
$11,790,814 Price per Acre
30,928 Sq Ft Lot

Last Sold September 12, 2017

Last sale price $3,500,000

Est. 139% increase in value since last sale

Current estimated payment $47,769/month

83 Days on Market

About This Lot

As of September 2017

CAFRA APPROVED. Most desirable location in town, this is the Mantoloking oceanfront lot you've been waiting for. Privacy and serenity surround this perfectly situated lot with double lots to north and south. Build your custom home with a potential total footprint of a 10,000+ sq ft home. 22' proposed dune elevation allows design with first floor ocean views. 50x30 Sylvan pool remains intact with minimal repair estimate. NO PUBLIC BEACH ACCESS BORDERS THIS PROPERTY. Wake up to amazing views of the sunrise. Sit back and relax with possible views of the stunning Barnegat Bay sunset. Cleared, graded and ready to build! BEACH REPLENISHMENT STARTING JUNE 2017

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 05/10/2017

Last Buyer's Agent

Michele Marancik

Childers Sotheby's Intl Realty License #8335569

Childers Sotheby's Intl Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,314

Lot Details

  • Lot Dimensions are 70 x 442
  • Beach 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 20-00023-0000-00030

Property Details

Property Type

Land

Est. Annual Taxes

$17,314

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront, Oceanfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 70 x 442
  • Location Middle School: Memorial
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Exterior Features

  • Waterfront: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 442
  • Parcel #: 20-00023-0000-00030

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 17314.0

MLS Schools

  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Aug 24, 2017
Sold by
Potter Hill Holdings Llc
Bought by
Dreaming On Ocean Ave Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Michele Marancik
Childers Sotheby's Intl Realty
Sold Price
$3,500,000
Current Estimated Value
$8,371,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,871,478
Avg. Annual Appreciation
11.24%

Purchase Details

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

Purchase Details

Closed on
Feb 22, 2006
Sold by
Arnone Dawn
Bought by
Potter Hill Holdings Llc

Purchase Details

Closed on
Jan 10, 2006
Sold by
Durling C Correll and Durling Dean C
Bought by
Arnone Dawn
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
Dreaming On Ocean Ave Llc $3,500,000 --
Bay Head Montoloking Land Co -- None Available
Potter Hill Holdings Llc -- None Available
Arnone Dawn $4,485,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold $3,500,000 -- --
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 $46,372 $5,404,700 $2,494,800 $2,909,900
2024 $44,066 $5,404,700 $2,494,800 $2,909,900
2023 $37,763 $5,400,200 $2,494,800 $2,905,400
2022 $37,763 $5,394,700 $2,494,800 $2,899,900
2021 $37,833 $5,374,000 $2,494,800 $2,879,200
2020 $17,763 $2,494,800 $2,494,800 $0
2019 $17,514 $2,494,800 $2,494,800 $0
2018 $17,264 $2,494,800 $2,494,800 $0
2017 $17,389 $2,494,800 $2,494,800 $0
2016 $17,314 $2,494,800 $2,494,800 $0
2015 $17,039 $2,494,800 $2,494,800 $0
2014 $15,642 $2,494,800 $2,494,800 $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

    24 in this area

    67 Total Sales

    Lawrence Greenberg
    Section Image

  • M

    Buyer's Agent in 2017

    Michele Marancik

    Childers Sotheby's Intl Realty

    (732) 597-0176

    1 in this area

    73 Total Sales

    Michele Marancik
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21718201

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00030

New Jersey Ocean County Mantoloking 08738

1079 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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