1404 Oceanfront Lavallette, NJ 08735
Estimated Value: $1,820,000 - $3,585,000
6
Beds
4
Baths
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- Beach Front
- Engineered Wood Flooring
- No HOA
- Oceanside
- Shore Colonial Architecture
- Covered patio or porch
About This Home
As of December 2020FEATURED LISTING...LEGAL 2 FAMILY HOME ON THE OCEAN IN DESIRABLE LAVALLETTE. LOW TAXES, WONDERFUL BOARDWALK, CLOSE TO RESTAURANTS AND SHOPS IN THE HEART OF LAVALLETTE. THIS SPECIAL PROPERTY IS AN UP AND A DOWN PROPERTY. EACH UNIT IS THE SAME WITH 3 BED/2 BATH FOR A TOTAL OF 6 BEDROOMS AND 4 BATHS. EXTERNAL STAIRCASE TO ACCESS THE UPSTAIRS UNIT. UPSTAIRS UNIT HAS WONDERFUL OCEAN VIEWS AND A WRAP AROUND DECK. HARDWOOD FLOORS IN THE UP UNIT AND ENGINEERED WOOD FLOORS DOWN. THE PROPERTY IS LOCATED BETWEEN NEW BRUNSWICK AND BROOKLYN ON THE OCEAN & IS AN INVESTOR'S DREAM. IN-SEASON WEEKS RENT FOR $5,500/ UNIT OR $11K/WEEK AND REDUCED RATES ON PRE/POST SEASON RENTS. ALL FURNITURE AND HOUSE HOLD ITEMS INCLUDED. BRING YOUR SUITCASE AND YOUR FRIENDS AND START LIVING THE DREAM IN LAVALLETTE
Last Agent to Sell the Property
Keller Williams Shore Properties License #1221682 Listed on: 09/23/2020
Last Buyer's Agent
Lisa Temple
Childers Sotheby's Intl Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,079
Year Built
- Built in 1960
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
- Beach Front
- Street terminates at a dead end
Home Design
- Duplex
- Shore Colonial Architecture
- Shingle Roof
- Cedar Shake Siding
- Shake Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Water Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Dinette
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Engineered Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Primary Bathroom Bathtub Only
Laundry
- Dryer
- Washer
Parking
- No Garage
- Gravel Driveway
- Unpaved Parking
- Paved Parking
- On-Street Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Outdoor Shower
- Oceanside
- Balcony
- Covered patio or porch
- Exterior Lighting
- Outdoor Gas Grill
Schools
- Lavallette Elementary School
- Point Pleasant Beach High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 16-00015-0000-00003
Community Details
Overview
- No Home Owners Association
Recreation
- Recreational Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2020
Closed on
Nov 23, 2020
Sold by
1404 Ocean Ave Llc
Bought by
1404 Oceanfront Llc
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
Lisa Temple
Childers Sotheby's Intl Realty
List Price
$2,500,000
Sold Price
$2,210,000
Premium/Discount to List
-$290,000
-11.6%
Total Days on Market
8
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
$631,120
Avg. Annual Appreciation
5.70%
Original Mortgage
$1,988,779
Outstanding Balance
$1,784,459
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,056,661
Purchase Details
Listed on
Sep 23, 2020
Closed on
Nov 10, 2020
Sold by
Argiro Barry N and Argiro Cynthia
Bought by
1404 Ocean Ave Llc
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
Lisa Temple
Childers Sotheby's Intl Realty
List Price
$2,500,000
Sold Price
$2,210,000
Premium/Discount to List
-$290,000
-11.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,988,779
Outstanding Balance
$1,784,459
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,056,661
Purchase Details
Closed on
Nov 17, 2004
Sold by
Staats Family Pa
Bought by
Argiro Barry N and Argiro Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 29, 1993
Sold by
Weintraub Ronald
Bought by
Staats Family Partner
Similar Home in Lavallette, NJ
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 |
|---|---|---|---|
| 1404 Oceanfront Llc | $2,210,000 | Stewart Title Guaranty Co | |
| 1404 Oceanfront Llc | $2,210,000 | Stewart Title | |
| 1404 Ocean Ave Llc | -- | None Available | |
| Argiro Barry N | $1,325,000 | Jersey Stewart Title | |
| Staats Family Partner | $575,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1404 Oceanfront Llc | $1,988,779 | |
| Closed | 1404 Oceanfront Llc | $1,988,779 | |
| Previous Owner | Argiro Barry N | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2020 12/02/20 | Sold | $2,210,000 | -11.6% | -- |
| 10/02/2020 10/02/20 | For Sale | $2,500,000 | 0.0% | -- |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- |
| 09/22/2020 09/22/20 | For Sale | $2,500,000 | 0.0% | -- |
| 09/12/2019 09/12/19 | Rented | $24,825 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $15,690 | $1,709,200 | $1,350,000 | $359,200 |
| 2023 | $14,597 | $1,709,200 | $1,350,000 | $359,200 |
| 2022 | $14,597 | $1,709,200 | $1,350,000 | $359,200 |
| 2021 | $14,118 | $1,709,200 | $1,350,000 | $359,200 |
| 2020 | $14,033 | $1,709,200 | $1,350,000 | $359,200 |
| 2019 | $14,079 | $1,438,100 | $1,187,500 | $250,600 |
| 2018 | $13,964 | $1,438,100 | $1,187,500 | $250,600 |
| 2017 | $14,108 | $1,438,100 | $1,187,500 | $250,600 |
| 2016 | $13,648 | $1,438,100 | $1,187,500 | $250,600 |
| 2015 | $13,360 | $1,438,100 | $1,187,500 | $250,600 |
| 2014 | $13,417 | $1,362,900 | $1,187,500 | $175,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Temple
Seller's Agent in 2020
Lisa Temple
Keller Williams Shore Properties
(908) 304-2644
31 in this area
305 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22034119
APN: 16-00015-0000-00003
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Information is deemed reliable but not guaranteed.
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