NOT LISTED FOR SALE

1085 Ocean Ave Mantoloking, NJ 08738

Mantoloking Neighborhood

Estimated Value: $7,149,000 - $9,301,099

0.7 Acre
$11,565,140 Price per Acre
30,448 Sq Ft Lot

Last Sold October 02, 2015

Last sale price $2,675,000

Est. 202% increase in value since last sale

Current estimated payment $47,776/month

435 Days on Market

About This Lot

As of October 2015

An oceanfront opportunity... A 70 by 435 lot upon which to build your custom beach house... One of the highest oceanfront building sites in Mantoloking (per survey). This property is protected by a new steel dune revetment which is being installed by the state of New Jersey. Come enjoy the pristine beach, sunrises, breezes, privacy, and more...

Last Listed By

Suzie Van

Diane Turton, Realtors-Bay Head License #8931279 Listed on: 07/15/2014

Diane Turton, Realtors-Bay Head

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,642

Year Built

  • 2019

Lot Details

  • Lot Dimensions are 70 x 435
  • Ocean 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 00023000000033

Property Details

Property Type

Land

Est. Annual Taxes

$15,642

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other, See Remarks, Oceanfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 70 X 435
  • Location Middle School: Memorial
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None
  • Year Built (Public Record): 2019

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 X 435
  • Parcel #: 00023000000033
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 15642.0

MLS Schools

  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Oct 2, 2015
Sold by
Salerno Joseph D and Salerno Janet R
Bought by
Alfonso Humberto and Alfonso Diana
Seller's Agent
Suzie Van
Diane Turton, Realtors-Bay Head
Buyer's Agent
Kim Evans
M. Van Sciver REALTORS
Sold Price
$2,675,000
Total Days on Market
435
Current Estimated Value
$8,084,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,409,033
Avg. Annual Appreciation
11.33%

Purchase Details

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

Purchase Details

Closed on
Jan 18, 1990
Bought by
Salerno Joseph and Salerno Janet

Range of Values:

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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
Bay Head Montoloking Land Co -- None Available
Salerno Joseph $1,111,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $2,675,000 -- --
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
2024 $35,491 $4,353,900 $2,494,800 $1,859,100
2023 $30,453 $4,349,400 $2,494,800 $1,854,600
2022 $30,453 $4,350,400 $2,494,800 $1,855,600
2021 $30,627 $4,350,400 $2,494,800 $1,855,600
2020 $30,975 $4,350,400 $2,494,800 $1,855,600
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

  • Suzie Van

    Seller's Agent in 2015

    Suzie Van

    Diane Turton, Realtors-Bay Head

    (732) 295-9700

    12 in this area

    70 Total Sales

    Suzie Van
    Section Image
  • Kim Evans

    Buyer's Agent in 2015

    Kim Evans

    M. Van Sciver REALTORS

    (732) 259-5431

    2 in this area

    54 Total Sales

    Kim Evans
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21428327

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00033

New Jersey Ocean County Mantoloking 08738 Mantoloking

1085 Ocean Ave, Mantoloking, NJ

Homes for Sale in Mantoloking, NJ

This home is located at 1085 Ocean Ave, Mantoloking, NJ 08738 since 15 July 2014 and is currently estimated at $8,084,033. This property was built in 2019. 1085 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.