NOT LISTED FOR SALE

1115 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $4,870,000 - $8,609,282

0.6 Acre
$11,303,638 Price per Acre
26,267 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $3,045,000

Est. 124% increase in value since last sale

Current estimated payment $39,501/month

37 Days on Market

About This Lot

As of November 2020

Endless opportunities await for those looking for the ideal location with 70' of shoreline. offering 180 views of the Atlantic Ocean in Mantoloking New Jersey. A peaceful tranquility for those looking to build a beachfront home. Over 8,500 sq ft 2 1/2 story beachfront residence with private balconies and a very comfortable oversize ocean deck. This beachfront house sits high above the ocean with epic views from every level. CAFRA approvals which include pool & cabana.

Last Agent to Sell the Property

Shawn Clayton

Clayton & Clayton Inc.Realtors License #9035151 Listed on: 06/05/2020

Last Buyer's Agent

Gina Iacobellis

Porter Plus Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,027

Lot Details

  • Lot Dimensions are 70 x 375
  • 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 2000023000000048

Property Details

Property Type

Land

Est. Annual Taxes

$17,027

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront, Oceanfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 70 x 375
  • Location Middle School: Memorial
  • WaterSewer Public Water: Yes
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Beachfront, Oceanfront
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 375
  • Parcel #: 2000023000000048
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 17027.0

MLS Schools

  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Oct 30, 2020
Sold by
1115 Ocean Ave Associates
Bought by
Three Gen Realty Llc
Seller's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Buyer's Agent
Gina Iacobellis
Porter Plus Realty
List Price
$3,195,000
Sold Price
$3,045,000
Premium/Discount to List
-$150,000
-4.69%
Current Estimated Value
$6,816,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,771,094
Avg. Annual Appreciation
17.15%

Purchase Details

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

Purchase Details

Closed on
Jan 31, 1992
Bought by
1115 Ocean Ave Assoc %Susan Madden
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
Three Gen Realty Llc $3,045,000 Triton Title & Abstract
Three Gen Realty Llc $3,045,000 Triton Title & Abstract
Bay Head Montoloking Land Co -- None Available
1115 Ocean Ave Assoc %Susan Madden -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $3,045,000 -4.7% --
07/13/2020 07/13/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $3,195,000 -- --
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 $43,342 $5,051,500 $2,425,500 $2,626,000
2024 $41,220 $5,051,500 $2,425,500 $2,626,000
2023 $16,979 $2,425,500 $2,425,500 $0
2022 $16,979 $2,425,500 $2,425,500 $0
2021 $17,070 $2,425,500 $2,425,500 $0
2020 $17,270 $2,425,500 $2,425,500 $0
2019 $17,027 $2,425,500 $2,425,500 $0
2018 $16,784 $2,425,500 $2,425,500 $0
2017 $16,906 $2,425,500 $2,425,500 $0
2016 $16,833 $2,425,500 $2,425,500 $0
2015 $16,566 $2,425,500 $2,425,500 $0
2014 $15,208 $2,425,500 $2,425,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Clayton

    Seller's Agent in 2020

    Shawn Clayton

    Clayton & Clayton Inc.Realtors

    (732) 295-2222

    6 in this area

    60 Total Sales

    Shawn Clayton
    Section Image

  • G

    Buyer's Agent in 2020

    Gina Iacobellis

    Porter Plus Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22018123

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00048

New Jersey Ocean County Mantoloking 08738

1115 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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