NOT LISTED FOR SALE

1304 Ocean Ave Lavallette, NJ 08735

Estimated Value: $1,466,000 - $2,885,746

5 Beds
4 Baths
2,131 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $2,500,000 $1,173 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,403/month

66 Days on Market

Highlights

  • Beach Front
  • Oceanside
  • Engineered Wood Flooring
  • Ocean View
  • Deck
  • Shore Colonial Architecture

About This Home

As of December 2021

Lavallette - Recently renovated oceanfront home offers Jersey Shore living at its finest. Home features an open floor plan comprised of kitchen, living/dining combo with a wall of windows leading to a sprawling back & side deck overlooking the boardwalk, downstairs bedroom, den room/6th bedroom w/ensuite full bath, & laundry room. The top floor consists of a large primary suite w/walk-in closet, ensuite bathroom, & private covered balcony as well as three additional bedrooms & a full bathroom. The exterior features a sandy fenced in area perfect for children, outdoor shower, several built-in storage bins, & off-street parking for 2 cars. Situated in an ideal location just across from a beach access and close to downtown Lavallette.

Last Agent to Sell the Property

Jeffrey Childers

Childers Sotheby's Intl Realty License #0895595 Listed on: 10/27/2021

Last Buyer's Agent

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,426

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50 x 100
  • Beach Front
  • Street terminates at a dead end

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Den
  • Bonus Room
  • Ocean Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • Driveway with Pavers
  • Paver Block
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Items. Furniture Exclusions to be Provided
  • Assessor Parcel Number 16-00014-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,426

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Dead End Street, Oceanfront, Oceanside
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Microwave, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Flooring: Ceramic Tile, Engineered, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Bonus Room, Den, Sliding Door, Recessed Lighting
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Living Room Floor - Engineered: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Kitchen Floor - Engineered3: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Allowable Dogs: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Water Heater Tank: Yes
  • Living Room Sliding Door2: Yes
  • Included Garbage Disposal: Yes
  • Dining Room Sliding Door3: Yes
  • Interior Bonus Room: Yes
  • Siding Clapboard: Yes
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: Personal Items. Furniture Exclusions to be Provided
  • Construction Type: Clapboard
  • Exterior Features: Balcony, Deck, Outdoor Shower, Patio, Shed, Storage, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paver Block, Assigned, Driveway, Off Street, On Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00014-0000-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13426.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 29, 2021
Sold by
Covello and Teresa
Bought by
Salerno Kristi
Seller's Agent
Jeffrey Childers
Childers Sotheby's Intl Realty
Buyer's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
List Price
$2,700,000
Sold Price
$2,500,000
Premium/Discount to List
-$200,000
-7.41%
Current Estimated Value
$2,557,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,118
Avg. Annual Appreciation
0.31%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Jacobs John R and Longshore Margaret A
Bought by
Covello James and Covello Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Marusyn Helen
Bought by
Jacobs John and Longshore Margaret
Source: Public Records

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
Salerno Kristi $2,500,000 Trident Abstract Title
Covello James $2,000,000 First American Title Ins Co
Jacobs John $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covello James $999,999
Previous Owner Longshore Margaret $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $2,500,000 -7.4% $1,173 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $2,700,000 -- $1,267 / 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 $15,362 $1,673,400 $1,350,000 $323,400
2023 $14,291 $1,673,400 $1,350,000 $323,400
2022 $13,965 $1,635,300 $1,350,000 $285,300
2021 $13,508 $1,635,300 $1,350,000 $285,300
2020 $13,426 $1,635,300 $1,350,000 $285,300
2019 $13,363 $1,365,000 $1,187,500 $177,500
2018 $13,254 $1,365,000 $1,187,500 $177,500
2017 $13,391 $1,365,000 $1,187,500 $177,500
2016 $12,954 $1,365,000 $1,187,500 $177,500
2015 $12,681 $1,365,000 $1,187,500 $177,500
2014 $12,735 $1,365,000 $1,187,500 $177,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130626

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00014-0000-00003