NOT LISTED FOR SALE

Estimated Value: $5,802,000 - $6,999,000

7 Beds
8.5 Baths
7,493 Sq Ft
$848/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $5,600,000 $747 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $36,230/month

191 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Building is oceanfront but unit may not have water views
  • Cabana
  • Sauna
  • Gourmet Kitchen

About This Home

As of May 2024

Welcome to Oceanaire - An Outstanding Family Compound located just one house off the beach on a private tract in Loveladies. Situated on an a double lot measuring 175 x 125 ft, this 7 bedroom, 8 full and 2 half bath, 7,493 sq ft custom new construction is a cut above the rest. Rarely do opportunities avail themselves on all of the Jersey Shore to build an estate of this magnitude; and this over the top multi-generational beach home is perfect for large families as well as the consummate entertainer. With features including: two pools (one in the deck and another in-ground with spa combo), an outdoor kitchen, cabana, bocce ball court, steam room, sauna, exercise room, and a large outdoor sports court for basketball, pickleball, roller hockey, etc -this compound could also be a tremendous company asset and be utilized as a wonderful corporate retreat place and escape from the city. The spacious kitchen is an entertainer's dream and includes: two large islands, thick quartz countertops, two refrigerators, and a butler's pantry. Other features and amenities include: beautiful hardwood floors throughout the top two levels, well appointed tile plank flooring on ground level, a 3 stop elevator, gas fireplace, a great room with vaulted ceilings and wood rafters, wet bar with with wine fridge, an office with built-in book shelves, 5 car garage, rooftop deck with panoramic ocean and bay views, multiple fire pits, and more! Make an appointment to see this property today!

Last Agent to Sell the Property

Edward Freeman Sr

(609) 900-3534 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673 Listed on: 09/30/2023

Freeman & Company Real Estate

Last Buyer's Agent

Lindsay Ryon

(609) 492-4444 bonnie@coastalliving.pro Coastal Living Real Estate Group License #1432040

Coastal Living Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,835

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 175 x 125
  • Building is oceanfront but unit may not have water views
  • Extensive Hardscape
  • Premium Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R10

Parking

  • 5 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Foundation Flood Vent
  • Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Piling Construction

Interior Spaces

  • 7,493 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Sauna

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Pool

  • Cabana
  • Heated Pool and Spa
  • Heated In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Southern Regional High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Community Details

  • No Home Owners Association
  • Loveladies Subdivision

Listing and Financial Details

  • Tax Lot 00001 02
  • Assessor Parcel Number 18-00020 127-00001 02

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,835

Year Built

Built in 2023 | New Construction

Lot Details

0.5 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Reverse
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer - Front Loading, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Built-Ins, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Sauna, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors, Wine Storage
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Pilings, Flood Vent
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 7493
  • Living Area Sq Ft: 7493
  • Price Per Sq Ft: 800.08
  • Above Grade Finished Sq Ft: 7493
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 6
  • Total Bathrooms: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 7
  • Lower Levels Bathrooms: 7.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 7
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Cabana/Pool House
  • Construction Materials: Frame
  • Construction Completed: Yes
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Gutter System, Hot Tub, Outside Shower, Sport Court
  • Pool Features: Heated, Saltwater, Pool/Spa Combo, In Ground
  • Roof: Fiberglass, Shingle
  • View: Ocean, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.

Lot Info

  • Additional Parcels: No
  • Lot Features: Premium
  • Lot Size Acres: 0.50
  • Lot Dimensions: 175 x 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21875.00
  • Outdoor Living Structures: Deck(s), Roof, Patio(s)
  • Property Condition: Excellent
  • Zoning: R10

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 11835.00
  • Assessor Parcel Number: 18-00020 127-00001 02
  • Tax Lot: 00001 02
  • Tax Year: 2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2021
Sold by
Mascharka William and Mascharka Carolyn
Bought by
Mikosh Christopher L and Mikosh Beth M
Current Estimated Value
$6,357,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,787,500
Outstanding Balance
$3,446,343
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,910,824

Purchase Details

Closed on
Apr 30, 1996
Sold by
Kalustyan Alice
Bought by
Mascharka William and Mascharka Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.77%
Source: Public Records
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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
Mikosh Christopher L $5,500,000 Foundation Title Llc
Mikosh Christopher L $5,500,000 Foundation Title
Mascharka William $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikosh Christopher L $3,787,500
Closed Mikosh Christopher L $3,787,500
Previous Owner Mascharka William $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $5,600,000 -6.6% $747 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $5,995,000 -9.1% $800 / Sq Ft
09/30/2023 09/30/23 For Sale $6,595,000 -- $880 / Sq Ft
Source: Bright MLS

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 $37,838 $4,144,400 $3,300,000 $844,400
2024 $36,761 $4,144,400 $3,300,000 $844,400
2023 $34,481 $4,144,400 $3,300,000 $844,400
2022 $34,481 $4,144,400 $3,300,000 $844,400
2021 $33,404 $4,144,400 $3,300,000 $844,400
2020 $36,280 $3,649,900 $3,012,500 $637,400
2019 $36,609 $3,649,900 $3,012,500 $637,400
2018 $35,514 $3,649,900 $3,012,500 $637,400
2017 $35,696 $3,649,900 $3,012,500 $637,400
2016 $35,988 $3,649,900 $3,012,500 $637,400
2015 $35,952 $3,649,900 $3,012,500 $637,400
2014 $35,076 $3,649,900 $3,012,500 $637,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2021236

Bright MLS

APN: 18-00020-127-00001-03

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