NOT LISTED FOR SALE

2004 Oceanfront Lavallette, NJ 08735

Estimated Value: $2,646,000 - $4,667,000

0.17 Acre
$19,910,163 Price per Acre
7,492 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $1,500,000

Est. 128% increase in value since last sale

Current estimated payment $19,881/month

116 Days on Market

About This Lot

As of September 2016

Subject to pending subdivision, this newly created oversized ocean front lot offers a rare opportunity to build a 4,000 + sq. ft. house with lovely ocean views. Oversized lot offers plenty of off street parking and room for a pool too. Entire ocean front block will ultimately be comprised of brand new exclusive luxury ocean front homes. Great neighborhood. Cafra approved footprint.

Last Agent to Sell the Property

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732 Listed on: 11/15/2015

Co-Listed By

Eric Birchler

Birchler Realtors

Last Buyer's Agent

Harold Rall

Childers Sotheby's Intl Realty License #0680692

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,032

Lot Details

  • Lot Dimensions are 50 x 150
  • Ocean Front

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Additional Features

  • Water Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 16-00021-0000-00003

Property Details

Property Type

Land

Est. Annual Taxes

$11,032

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanfront
  • Co List Office Mls Id: 1393
  • Co List Office Phone: 732-793-3333
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 16-00021-0000-00003
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11032.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
2004 Oceanfront Llc
Bought by
Kakar Neeti
Current Estimated Value
$3,424,548

Purchase Details

Closed on
Jan 21, 2020
Sold by
Kakar Neeti
Bought by
2004 Oceanfront Llc

Purchase Details

Listed on
Nov 15, 2015
Closed on
Sep 23, 2016
Sold by
Giant Realty Llc
Bought by
Kakar Neetik
Seller's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Harold Rall
Childers Sotheby's Intl Realty
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
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
Kakar Neeti -- Vintage Title Services Llc
2004 Oceanfront Llc -- Spirit Title Agency Llc
Kakar Neetik $1,500,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kakar Neeti $14,000,000
Previous Owner Giant Realty Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $1,500,000 -- --
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 $21,557 $2,284,900 $1,435,000 $849,900
2024 $20,918 $2,278,700 $1,435,000 $843,700
2023 $18,326 $2,145,900 $1,435,000 $710,900
2022 $18,326 $2,145,900 $1,435,000 $710,900
2021 $17,725 $2,145,900 $1,435,000 $710,900
2020 $17,618 $2,145,900 $1,435,000 $710,900
2019 $12,629 $1,290,000 $1,290,000 $0
2018 $12,526 $1,290,000 $1,290,000 $0
2017 $12,655 $1,290,000 $1,290,000 $0
2016 $11,269 $1,187,500 $1,187,500 $0
2015 $11,032 $1,187,500 $1,187,500 $0
2014 $11,079 $1,187,500 $1,187,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21543169

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00021-0000-00003