NOT LISTED FOR SALE

122 1st Ave Unit 123 Beachfront Manasquan, NJ 08736

Manasquan Neighborhood

Estimated Value: $1,525,000 - $2,620,000

6 Beds
4 Baths
2,560 Sq Ft
$815/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $1,900,000 $742 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,493/month

33 Days on Market

Highlights

  • Beach Front
  • Garage Apartment
  • Deck
  • Manasquan Elementary School Rated A-
  • Oceanside
  • No HOA

About This Home

As of December 2023

Oceanfront diamond in the rough! First time offering of this unique Manasquan beachfront property in over 70 years. There are two buildings on the lot. 123 Beachfront is a 3 bedroom, 2 bath home with an open concept living, dining, kitchen area and a front porch. This home has a fireplace and cathedral ceilings complete with ceiling fans and recessed lighting. 122 1st Ave is a smaller version of the beachfront home that sits atop a garage and has a third floor large, open room with ocean views. This property has been updated in the past and the interior condition of both homes is surprising in comparison to the exteriors. This could be a great renovation or a dream location to build your new oceanfront beach house.

Last Listed By

Meghan Frost

Ward Wight Sotheby's International Realty License #1327673 Listed on: 09/16/2023

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,587

Year Built

  • Built in 1932

Lot Details

  • 3,485 Sq Ft Lot
  • Beach Front

Parking

  • 2 Car Garage
  • Garage Apartment
  • Driveway

Home Design

  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Electric Fireplace
  • Water Views
  • Basement
  • Dirt Floor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Oceanside
  • Deck
  • Patio

Schools

  • Manasquan Elementary And Middle School
  • Manasquan High School

Utilities

  • No Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00167-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,587

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Oceanfront
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Reso Interior Features: Skylight
  • Year Built: 1932
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.08
  • Location Middle School: Manasquan
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • ExteriorDeck: Yes
  • Cooling None12: Yes
  • SidingCedarShake: Yes
  • Water Type Beachfront: Yes
  • Garage Apt Above Garage: Yes
  • Living Room Fireplace - Electric4: Yes
  • Living Room Skylight7: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Dirt Floor
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2
  • Features Interior:Skylight: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Deck, Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Manasquan

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 29-00167-0000-00010

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 22587.0

MLS Schools

  • Elementary School: Manasquan
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Dec 4, 2023
Sold by
Lynn Donald B
Bought by
Smith Brian
Seller's Agent
Meghan Frost
Ward Wight Sotheby's International Realty
Buyer's Agent
Mary Jane Pierce
Diane Turton, Realtors-Sea Girt
List Price
$2,499,000
Sold Price
$1,900,000
Premium/Discount to List
-$599,000
-23.97%
Total Days on Market
33
Views
121
Current Estimated Value
$2,086,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,667
Avg. Annual Appreciation
0.56%
Original Mortgage
$510,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Davis Brooke W
Bought by
Davis Nelda W and Davis Boyd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 3, 2006
Sold by
Davis Brooke W
Bought by
Davis Nelda W and Davis Boyd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 1, 2006
Sold by
Raihall Amanda D and Davis Amanda E
Bought by
Davis Nelda W and Davis Boyd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 9, 2004
Sold by
Helmstaedter Kirk
Bought by
Davis Nelda and Davis Boyd

Purchase Details

Closed on
Aug 7, 2004
Sold by
Helmstaedter Jane
Bought by
Davis Nelda and Davis Boyd

Range of Values:

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Average Value
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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
Smith Brian $1,900,000 Foundation Title
Davis Nelda W $105,000 None Available
Davis Nelda W $105,000 None Available
Davis Nelda W $105,000 None Available
Davis Nelda $100,000 --
Davis Nelda $100,000 --
Davis Nelda $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brian K $1,000,000
Previous Owner Davis Nelda W $510,000
Previous Owner Davis Boyd C $500,000
Previous Owner Davis Boyd C $861,185
Previous Owner Davis Boyd C $650,000
Previous Owner Davis Nelda W $315,000
Previous Owner Davis Nelda W $315,000
Previous Owner Davis Nelda W $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $1,900,000 -13.6% $742 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $2,199,999 -12.0% $859 / Sq Ft
09/16/2023 09/16/23 For Sale $2,499,000 -- $976 / 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 $23,100 $1,350,100 $1,096,200 $253,900
2023 $23,100 $1,350,100 $1,096,200 $253,900
2022 $22,204 $1,350,100 $1,096,200 $253,900
2021 $22,204 $1,350,100 $1,096,200 $253,900
2020 $21,926 $1,350,100 $1,096,200 $253,900
2019 $21,102 $1,350,100 $1,096,200 $253,900
2018 $20,630 $1,350,100 $1,096,200 $253,900
2017 $19,846 $1,350,100 $1,096,200 $253,900
2016 $19,320 $1,350,100 $1,096,200 $253,900
2015 $16,412 $960,300 $680,000 $280,300
2014 $16,392 $960,300 $680,000 $280,300
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22325777

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00167-0000-00010