$950,000
SOLD MAY 23, 2024

11 Leeward Ct Oceanport, NJ 07757

0.38 Acre
$2,500,000 Price per Acre
16,553 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

21% Below List Price

29 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Home fronts a creek
  • Creek On Lot
  • Wolf Hill Elementary School Rated A-
  • River View
  • Riparian rights to water flowing past the property

About This Lot

As of June 2025

These opportunities do not come along often! High and Dry! Prior home had no flooding due to Sandy. Large waterfront property( primarily in the X zone) situated on a private cul-de-sac, available in the desirable town of Oceanport. Design and Build the home of your dreams with breathtaking river views on this incredible lot boasting approximiatley 145-150 feet of direct waterfront with an 88 foot Dock (with newer ramp and floating dock) already in place. Direct acces to the Shrewsbury River will allow you to enjoy boating to the fullest. Oceanport is convenently located close to transportation to NYC, Restaurants, Shops and just a few miles to the wonderful beaches along the Jersey Shore.

Last Agent to Sell the Property

Kim Spector

Coldwell Banker Realty License #0337929 Listed on: 04/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Laura Barr

NextHome Peninsula Realty Group License #0016578

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,906

Lot Details

  • 0.38 Acre Lot
  • Home fronts a creek
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Level Lot

Interior Spaces

  • 3,626 Sq Ft Home
  • River Views

Outdoor Features

  • Riparian rights to water flowing past the property
  • Creek On Lot

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 38-00097-0000-00004-01

Property Details

Property Type

Land

Est. Annual Taxes

$17,906

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bayfront, Dead End Street, Level, Riverview
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.38
  • Location Middle School: Maple Place
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Lot Description Dead End Street: Yes
  • Gas On Site3: Yes
  • Lot Description Bayfront2: Yes
  • Electric On Site2: Yes
  • Water Type Riverview: Yes
  • Water Type Creek: Yes
  • Water Type Riparian Rights: Yes
  • Lot Description Riverview3: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.38
  • Waterfront Features: Creek, Riparian Rights, Riverview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 38-00097-0000-00004-01
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
May 28, 2025
Sold by
Gaf Home Builders Llc
Bought by
Nash William and Nash Sarah
Seller's Agent
Laura Barr
NextHome Peninsula Realty Group
Buyer's Agent
Katherine Raftery
NextHome Peninsula Realty Group
List Price
$2,450,000
Sold Price
$2,395,000
Premium/Discount to List
-$55,000
-2.24%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-50.65%
Original Mortgage
$1,676,500
Outstanding Balance
$1,673,639
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$480,646

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jun 4, 2024
Sold by
Bilow Bruce and Bilow Catherine
Bought by
Gaf Home Builders Llc
Seller's Agent
Kim Spector
Coldwell Banker Realty
Buyer's Agent
Laura Barr
NextHome Peninsula Realty Group
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.41%

Purchase Details

Closed on
Nov 11, 2002
Sold by
Mccarthy Joseph
Bought by
Bilow Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,200
Interest Rate
6.09%
Source: Public Records

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 Type Sale Price Title Company
Deed $2,395,000 Sunnyside Title
Deed $950,000 Old Republic National Title In
Deed $714,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,676,500 New Conventional
Previous Owner $885,000 New Conventional
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Previous Owner $701,250 New Conventional
Previous Owner $750,000 Unknown
Previous Owner $571,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $2,395,000 -2.2% $885 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $2,450,000 +157.9% $906 / Sq Ft
05/23/2024 05/23/24 Sold $950,000 -20.8% $262 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,200,000 -- $331 / Sq Ft
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 $17,906 $606,800 $587,200 $19,600
2023 $17,906 $1,076,100 $537,200 $538,900
2022 $16,676 $961,600 $487,200 $474,400
2021 $16,676 $875,400 $424,200 $451,200
2020 $15,916 $870,700 $427,200 $443,500
2019 $15,762 $875,200 $447,200 $428,000
2018 $14,487 $809,800 $447,200 $362,600
2017 $15,867 $735,600 $445,600 $290,000
2016 $15,967 $745,100 $460,600 $284,500
2015 $15,302 $737,800 $460,600 $277,200
2014 $15,951 $780,000 $525,600 $254,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22408744

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 38-00097-0000-00004-01