NOT LISTED FOR SALE

1211 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $5,152,000 - $10,630,362

7 Beds
9 Baths
8,000 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $9,700,000 $1,212 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $48,232/month

57 Days on Market

Highlights

  • New Construction
  • Outdoor Pool
  • Waterfront
  • G Harold Antrim Elementary School Rated A-
  • Custom Home
  • 0.84 Acre Lot

About This Home

As of June 2022

A once in a lifetime opportunity to own Blue Crest; an exceptional property with 100 ft of private ocean frontage. The estate boasts a 8,000 sq ft home and its main level set at 23ft above sea level offering unobstructed views of the ocean and bay views to the west. The home has 7 bedrooms and 7/2 baths with 10.5' ft ceilings on the first floor and double height ceilings on the second. This Shingle style home is constructed from the finest materials, including an elevator taking you from the 3 car garage to all levels, custom trim/built-ins, custom cabinets with butler's pantry, hurricane windows, salt water pool, cabana and expansive decks. A great home for entertaining with generous open spaces, including a billiards or media room, oceanside library, solarium, and private office. This Shingle style home is constructed from the finest materials and high-quality workmanship, offering old world charm with modern amenities, including: an elevator to take you from your 3 car garage to all levels, large wide plank oak floors, custom trim/built-ins, custom inset cabinets with butler's pantry, hurricane windows throughout, salt water pool, cabana and expansive patios and decks. A great home for entertaining with generous open spaces, including a billiards or media room, oceanside library, solarium, private office just to name a few. A rare opportunity to be able to purchase a home in this very exclusive strip of Mantoloking.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 03/03/2022

Last Buyer's Agent

Michael Milano

Weichert Realtors-Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,058

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 100 x 367
  • Waterfront

Parking

  • 3 Car Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 8,000 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Water Views
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • Outdoor Pool

Schools

  • Antrim Elementary School
  • Memorial Middle School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-00026-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,058

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom
  • New Construction: Yes
  • Year Built: 2022
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.84
  • General Property Info Lot Dimensions: 100 x 367
  • Location Middle School: Memorial
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Roof Wood3: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Stories: 2
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.84
  • Waterfront: Yes
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 100 x 367
  • Lot Size Sq Ft: 36590.4
  • Parcel #: 20-00026-0000-00003

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Jun 23, 2022
Sold by
1211 Ocean Ave Llc
Bought by
V-Fee Ocean Ave Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Michael Milano
Weichert Realtors-Ocean
List Price
$9,995,000
Sold Price
$9,700,000
Premium/Discount to List
-$295,000
-2.95%
Current Estimated Value
$8,162,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,537,213
Avg. Annual Appreciation
-5.64%
Original Mortgage
$7,760,000
Outstanding Balance
$7,378,931
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$694,146

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 7, 2014
Sold by
White Brenda E and White David L
Bought by
1211 Ocean Ave Llc
Seller's Agent
Suzie Van
Diane Turton, Realtors-Bay Head
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
Sold Price
$2,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bernstein Martin and The 1992 Price Family Trust
Bought by
White Philip I and White Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 1998
Sold by
Price Michael F
Bought by
Bernstein Martin and The 1992 Price Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.45%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
V-Fee Ocean Ave Llc $9,700,000 Gage William T
1211 Ocean Ave Llc $2,900,000 Multiple
White Philip I $2,100,000 First American Title Ins Co
Bernstein Martin -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open V-Fee Ocean Ave Llc $1,000,000
Open V-Fee Ocean Ave Llc $7,760,000
Previous Owner White Philip I $1,000,000
Previous Owner White Philip I $1,500,000
Previous Owner White Philip I $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $9,700,000 -3.0% $1,213 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $9,995,000 +244.7% $1,249 / Sq Ft
08/06/2014 08/06/14 Sold $2,900,000 -- --
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 $45,058 $5,521,800 $2,945,300 $2,576,500
2023 $38,653 $5,521,800 $2,945,300 $2,576,500
2022 $20,617 $2,945,300 $2,945,300 $0
2021 $20,735 $2,945,300 $2,945,300 $0
2020 $20,978 $2,946,300 $2,945,300 $1,000
2019 $20,683 $2,946,300 $2,945,300 $1,000
2018 $20,381 $2,945,300 $2,945,300 $0
2017 $20,529 $2,945,300 $2,945,300 $0
2016 $20,440 $2,945,300 $2,945,300 $0
2015 $20,116 $2,945,300 $2,945,300 $0
2014 $18,467 $2,945,300 $2,945,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Greenberg

    Seller's Agent in 2022

    Lawrence Greenberg

    M. Van Sciver REALTORS

    (732) 691-7524

    27 in this area

    75 Total Sales

    Lawrence Greenberg
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Milano

    Weichert Realtors-Ocean

  • Suzie Van

    Seller's Agent in 2014

    Suzie Van

    Diane Turton, Realtors-Bay Head

    (732) 295-9700

    10 in this area

    58 Total Sales

    Suzie Van
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22205900

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00026-0000-00003

New Jersey Ocean County Mantoloking 08738

1211 Ocean Ave, Mantoloking, NJ

This home is located at 1211 Ocean Ave, Mantoloking, NJ 08738 since 03 March 2022 and is currently estimated at $8,162,787, approximately $1,020 per square foot. This property was built in 2022. 1211 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.

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