Seller's Agent in 2020
Walter Niebling
Diane Turton, Realtors-Bay Head
(732) 674-9842
5 in this area
19 Total Sales
1121 Ocean Ave Mantoloking, NJ 08738
Estimated Value: $5,011,000 - $8,659,527
0.61
Acre
$11,374,605
Price per Acre
26,572
Sq Ft Lot
Highlights
- Beach Front
- Ocean View
- 0.61 Acre Lot
- G Harold Antrim Elementary School Rated A-
About This Lot
As of October 2020Rare opportunity to buy oceanfront land in prestigious Mantoloking. Large lot with CAFRA approval can accommodate over 8,000sq ft of luxurious living as well as detached garage, pool, and cabana. Your home will be protected by recently installed steel retention wall, dune, and beach replenishment. Away from public access privacy abounds. Build your dream home and start creating a lifetime of memories on the ocean...
Last Agent to Sell the Property
Diane Turton, Realtors-Bay Head Brokerage Email: wniebling@dianeturton.com License #0559854 Listed on: 07/01/2020
Last Buyer's Agent
Diane Turton, Realtors-Bay Head Brokerage Email: wniebling@dianeturton.com License #0559854 Listed on: 07/01/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,027
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 70 x 380
- Beach Front
Schools
- Memorial Middle School
- Point Pleasant Beach High School
Additional Features
- Ocean Views
- Electricity Available at Street
- Gas Available at Street
Listing and Financial Details
- Assessor Parcel Number 20-00023-0000-00052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2020
Closed on
Oct 16, 2020
Sold by
Roberts Patricia L and Gusmer Patricia L
Bought by
1121 Ocean Avenue Trust
Seller's Agent
Walter Niebling
Diane Turton, Realtors-Bay Head
Buyer's Agent
Walter Niebling
Diane Turton, Realtors-Bay Head
List Price
$3,200,000
Sold Price
$3,100,000
Premium/Discount to List
-$100,000
-3.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,838,509
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
Oct 13, 2011
Sold by
Roberts Patricia L and Gusmer Patricia L
Bought by
Roberts Patricia L and Gusmer Patricia L
Purchase Details
Closed on
Sep 1, 1998
Sold by
Roberts Patricia L and Gusmer Patricia
Bought by
Gusmer Scott
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1121 Ocean Avenue Trust | $3,100,000 | Old Republic Title | |
| Bay Head Montoloking Land Co | -- | None Available | |
| Roberts Patricia L | -- | None Available | |
| Gusmer Scott | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2020 10/21/20 | Sold | $3,100,000 | -3.1% | -- |
| 09/17/2020 09/17/20 | Pending | -- | -- | -- |
| 07/01/2020 07/01/20 | For Sale | $3,200,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $44,921 | $5,235,500 | $2,716,600 | $2,518,900 |
| 2024 | $48,434 | $5,235,500 | $2,716,600 | $2,518,900 |
| 2023 | $19,016 | $2,716,600 | $2,716,600 | $0 |
| 2022 | $19,016 | $2,716,600 | $2,716,600 | $0 |
| 2021 | $19,088 | $2,716,600 | $2,716,600 | $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 | $13,231 | $2,110,200 | $2,110,200 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Walter Niebling
-
Patricia Niebling
Buyer Co-Listing Agent in 2020
Patricia Niebling
Diane Turton, Realtors-Bay Head
(732) 259-4021
3 in this area
15 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22021695
APN: 20-00023-0000-00052
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Information is deemed reliable but not guaranteed.
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