NOT LISTED FOR SALE

1421 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $5,308,000 - $10,518,000

7 Beds
9 Baths
7,491 Sq Ft
$1,084/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $12,595,000 $1,681 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $47,578/month

12 Days on Market

Highlights

  • Beach Front
  • Indoor Spa
  • Custom Home
  • G Harold Antrim Elementary School Rated A-
  • Pool and Spa
  • 0.81 Acre Lot

About This Home

As of September 2021

Renowned coastal architect, John Lederer, created one of his finest masterpieces in 1421 Ocean Ave! Built in 2016 at 7491 sqft on .82 acres this home features 7 bedrooms, 6 full baths, 3 half baths, with panoramic views from sunrise to sunset. Meticulously built from the hand sawn Maibec Nantucket Cedar & custom woodwork by Micheal Fea, no detail has been spared. The kitchen exudes extravagance with white Macaubas quartzite island and backsplash, thick Wenge/Walnut butcher block, 3 Sub Zero fridge/freezers, 3 Wolf ovens, Wolf 60' 6 burner range with griddle, designer polished nickel range hood, full butlers pantry, Waterworks faucets & more! Enjoy 100ft of ocean front and heated, salt water pool with 2 fire bowls,color lighting and underwater speakers! Full detail & amenity list available. Renown coastal architect, John Lederer, created one of his last masterpieces in 1421 Ocean Ave! Built in 2016, this 8.092 sqft home features 7 bedrooms, 6 fulls baths, 3 half baths, with panoramic views from sunrise to sunset, ocean to bay. Built meticulously please see features below!

Last Agent to Sell the Property

Jennifer Donovan

Compass New Jersey , LLC License #1540449 Listed on: 06/17/2021

Compass New Jersey , LLC

Last Buyer's Agent

Jack Green IV

Jack Green Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,107

Year Built

  • Built in 2016

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 100 x 355
  • Beach Front

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 7,491 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Ceiling height of 9 feet on the main level
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Den
  • Indoor Spa
  • Home Gym
  • Wood Flooring
  • Water Views
  • Home Security System
  • Dryer

Kitchen

  • New Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Pool and Spa
  • Gunite Pool

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Antrim Elementary School
  • Memorial Middle School
  • Point Pleasant Beach High School

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Thermostat
  • Power Generator
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Art work excluded Furniture is negotiable
  • Assessor Parcel Number 20-00036-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,107

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Oceanfront
  • ResoPoolFeatures: Gunite, With Spa
  • Inclusions: Wall Oven, Counter Top Range, Dishwasher, Central Vacuum, Dryer, Double Oven, Microwave, Stove Hood, Refrigerator, Generator, Humidifier
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Den, Fitness, Hot Tub, In-Law Suite, Wet Bar
  • New Construction: No
  • Efficiency: Remote Thermostat
  • Year Built: 2016
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.81
  • General Property Info Lot Dimensions: 100 x 355
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Floors Wood: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Den: Yes
  • Included Stove Hood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Utilities Included Generator: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior Hot Tub2: Yes
  • Pool With Spa: Yes
  • Included Counter Top Range: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Security System3: Yes
  • SidingCedarShake: Yes
  • PoolGunite: Yes
  • Interior Fitness: Yes
  • Roof Wood3: Yes
  • Interior Hot Tub: Yes
  • Lot Description Beachfront2: Yes
  • Heating Electric Heat Pump2: Yes
  • Heating 3 Zoned Heat: Yes
  • Heating 5 Zone2: Yes
  • Cooling 5 Zone: Yes
  • Energy Features Remote Thermostat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplaces: 2
  • Stories: 3
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Humidifier: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.81
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exclusions: Art work excluded Furniture is negotiable
  • Construction Type: Shake Siding
  • Exterior Features: Deck, Hot Tub, Porch - Enclosed, Security System
  • Foundation Details: Slab
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric Heat Pump, Central Air, 5 Zone
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric Heat Pump, 5 Zone, 3+ Zoned Heat
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 100 x 355
  • Lot Size Sq Ft: 35283.6
  • Parcel #: 20-00036-0000-00006
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 45107.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2013
Closed on
Oct 18, 2013
Sold by
Goldman Craig and Goldman Pamela
Bought by
Polk Michael B and Dugan Trisha L
Seller's Agent
Jeffrey Roberts
Keller Williams Realty Ocean Living
Buyer's Agent
Shawn Clayton
Clayton & Clayton Inc.Realtors
Sold Price
$3,000,000
Current Estimated Value
$8,118,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,118,060
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Kerwin John H and Kerwin Mary Ellen
Bought by
Goldman Craig and Goldman Pamela

Purchase Details

Closed on
Jun 10, 1996
Sold by
Mullen John R
Bought by
Kerwin John and Kerwin Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

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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
Polk Michael B $3,000,000 Westcor Land Title Ins Co
Goldman Craig $2,600,000 Lawyers Title Insurance Corp
Kerwin John $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerwin John $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $12,595,000 +20.0% $1,681 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $10,500,000 +250.0% $1,402 / Sq Ft
10/21/2013 10/21/13 Sold $3,000,000 -- --
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
2025 $54,452 $6,346,400 $2,945,300 $3,401,100
2024 $51,749 $6,346,400 $2,945,300 $3,401,100
2023 $44,400 $6,341,800 $2,945,300 $3,396,500
2022 $44,400 $6,342,900 $2,945,300 $3,397,600
2021 $44,600 $6,335,200 $2,945,300 $3,389,900
2020 $45,107 $6,335,200 $2,945,300 $3,389,900
2019 $43,975 $6,264,300 $2,945,300 $3,319,000
2018 $43,349 $6,264,300 $2,945,300 $3,319,000
2017 $43,662 $6,264,300 $2,945,300 $3,319,000
2016 $20,440 $2,945,300 $2,945,300 $0
2015 $20,116 $2,945,300 $2,945,300 $0
2014 $18,467 $2,945,300 $2,945,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22119556

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00036-0000-00006