NOT LISTED FOR SALE

1417 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $6,602,000 - $8,455,000

0.78 Acre
$9,639,565 Price per Acre
34,020 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $3,850,000

Est. 57% increase in value since last sale

Current estimated payment $35,285/month

69 Days on Market

Highlights

  • Beach Front
  • G Harold Antrim Elementary School Rated A-
  • Ocean View

About This Lot

As of August 2020

Mantoloking Oceanfront Lot 100' x 340' - Rare opportunity to acquire 100ft of Oceanfront. One of the most sought after sprawling oceanfront lots is now available to purchase. This property posses a C.A.F.R.A permit to build with a 70' x 59' footprint, that can accommodate a 8,500 sqft.+ home. In addition to the home approval, a 20' x 40' pool is included in the CAFRA permit. Under Mantoloking Bulk Standards the home can be around 8,500 sqft. The newly completed dune is constructed to EL 22' with protective steel revetment already installed, as per Mantoloking Boro., 1st floor can be flush with the dune. Commanding 1st floor ocean views. This property is not located next to public beach access affording the maximum amount of privacy. BEACH REPLENISHMENT HAS BEEN COMPLETED ON THE PROPERTY

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 04/02/2020

Last Buyer's Agent

Lawrence Greenberg

Van Sciver REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,691

Lot Details

  • Lot Dimensions are 100 x 340
  • Beach Front

Schools

  • Memorial Middle School
  • Point Pleasant Beach High School

Additional Features

  • Ocean Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 20-00036-0000-00005

Property Details

Property Type

Land

Est. Annual Taxes

$19,691

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other, Beachfront, See Remarks, Oceanfront
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 100 x 340
  • Location Middle School: Memorial
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 100 x 340
  • Parcel #: 20-00036-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 19691.0

MLS Schools

  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
1 Reingold Associates Llc
Bought by
1417 Oa Llc
Current Estimated Value
$6,044,500

Purchase Details

Listed on
Apr 2, 2020
Closed on
Aug 11, 2020
Sold by
1417 Ocean Llc
Bought by
1 Reingold Associates Llc
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
List Price
$4,295,000
Sold Price
$3,850,000
Premium/Discount to List
-$445,000
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%

Purchase Details

Listed on
Apr 16, 2015
Closed on
Sep 15, 2015
Sold by
Bilgelow William S
Bought by
1417 Ocean Llc
Seller's Agent
Suzie Van
Diane Turton, Realtors-Bay Head
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
Sold Price
$3,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Dec 31, 2007
Sold by
Husted Elbert E
Bought by
Husted Elbert E

Purchase Details

Closed on
Jun 14, 2006
Sold by
Husted Elbert E and Husted Thalia Barbara S
Bought by
Husted Thalia Barbara S

Purchase Details

Closed on
Feb 16, 2001
Sold by
Cate William
Bought by
Husted Elbert and Husted Barbara Thalia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1417 Oa Llc $4,500,000 None Listed On Document
1 Reingold Associates Llc $3,850,000 Old Republic Natl Ttl Ins Co
1417 Ocean Llc $3,175,000 Multiple
Husted Elbert E -- None Available
Husted Thalia Barbara S -- None Available
Husted Elbert $392,850 --
Husted Elbert $392,850 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $3,850,000 -1.3% --
06/10/2020 06/10/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $3,899,000 -9.2% --
04/02/2020 04/02/20 For Sale $4,295,000 +35.3% --
09/22/2015 09/22/15 Sold $3,175,000 -- --
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 $26,282 $3,220,800 $3,220,800 $0
2023 $22,546 $3,220,800 $3,220,800 $0
2022 $22,546 $3,220,800 $3,220,800 $0
2021 $22,670 $3,220,800 $3,220,800 $0
2020 $19,972 $2,805,000 $2,805,000 $0
2019 $19,691 $2,805,000 $2,805,000 $0
2018 $19,411 $2,805,000 $2,805,000 $0
2017 $19,551 $2,805,000 $2,805,000 $0
2016 $19,467 $2,805,000 $2,805,000 $0
2015 $19,158 $2,805,000 $2,805,000 $0
2014 $17,587 $2,805,000 $2,805,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22011802

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00036-0000-00005