NOT LISTED FOR SALE

1081 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $2,647,000

0.7 Acre
$3,786,838 Price per Acre
30,448 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $3,500,000

Est. 24% decrease in value since last sale

Current estimated payment $15,841/month

140 Days on Market

About This Lot

As of August 2020

Mantoloking Oceanfront 70' x 442' One of the most desirable oceanfront lots is available to purchase. With close proximity to East Ave. and the shops and restaurants of Bay head it offers convenience but also the privacy you crave for a retreat. Your dream oasis is not located next to public beach access. The recently completed Beach Replenishment Project built a dune EL 22' over the protective steel revetment already in place. 1st floor can be flush with the dune providing breathtaking ocean views. This property possesses an exceptionally large C.A.F.R.A permit to build with a 50' x 166.94' home footprint and additional deck footprint (50' x 20'), that can accommodate a 10,000+ sqft. home.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 03/02/2020

Last Buyer's Agent

Lawrence Greenberg

Van Sciver REALTORS

Property Details

Property Type

  • Land

Schools

  • Memorial Middle School
  • Point Pleasant Beach High School

Additional Features

  • Water Views
  • Electricity Available at Street
  • Beach Front
  • Gas Available at Street

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • 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

  • Parcel #: 000000000000000000000

MLS Schools

  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 31, 2020
Sold by
Synergy Ma Llc
Bought by
1081 Ocean Ave Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
List Price
$3,699,000
Sold Price
$3,500,000
Premium/Discount to List
-$199,000
-5.38%
Current Estimated Value
$2,647,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$853,000
Avg. Annual Appreciation
-4.92%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Synergy Ma Llc
Bought by
New Jersey State and Department Of Environment Al Protectio N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.28%

Purchase Details

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

Purchase Details

Closed on
Apr 19, 2011
Sold by
Bradish George Johnston and Bradish Kathleen Hogan
Bought by
Synergy Ma Llc
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
1081 Ocean Ave Llc $3,500,000 Evident Title Agency Inc
New Jersey State -- --
Bay Head Montoloking Land Co -- None Available
Synergy Ma Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Jersey State --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $3,500,000 -5.4% --
07/20/2020 07/20/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $3,699,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $24,831 $2,894,000 $2,894,000 --
2024 $23,615 $2,894,000 $2,894,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Greenberg

    Seller's Agent in 2020

    Lawrence Greenberg

    M. Van Sciver REALTORS

    (732) 691-7524

    22 in this area

    64 Total Sales

    Lawrence Greenberg
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22008420

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00031

New Jersey Ocean County Mantoloking 08738

1081 Ocean Ave, Mantoloking, NJ

Not Listed for Sale

Lots

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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