NOT LISTED FOR SALE

202 Ocean Ave Lavallette, NJ 08735

Estimated Value: $3,042,000 - $3,431,000

6 Beds
4.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $2,200,000

Est. 47% increase in value since last sale

Current estimated payment $19,391/month

14 Days on Market

Highlights

  • Beach Front
  • Oceanside
  • Deck
  • Ocean View
  • Colonial Architecture
  • No HOA

About This Home

As of November 2020

FEATURED PROPERTY......THIS IS A WONDERFUL OCEAN FRONT PROPERTY IN DESIRABLE LAVALLETTE. THIS PROPERTY IS ON THE NORTH END OF THE BOARDWALK AND IS AN OVER SIZED LOT. 50 X 150. PLENTY OF OFF STREET PARKING IN THIS 2 FAMILY HOME. 1ST FLOOR UNIT HAS A FINISHED LOWER LEVEL WITH WET BAR, FIREPLACE AND SPIRAL STAIRS TO THE MAIN LEVEL. THE LOWER LEVEL ALSO HAS A LAUNDRY AREA. MAIN FLOOR HAS 3 BEDROOMS/2 BATH WITH OCEAN FRONT DECK. UPPER LEVEL HAS 3 SPACIOUS BEDDROMS WITH A PARTIALLY FINISHED ATTIC AND OCEAN FRONT DECK. OUT DOOR SHOWERS FOR BOTH UNITS AND PLENTY OF SPACE FOR OCEAN FRONT LIVING. IT IS RARE THAT A SPECIAL PROPERTY LIKE THIS COMES ON THE MARKET, SO MAKE SURE NOT TO MISS THIS ONE.

Last Listed By

Lisa Temple

Keller Williams Shore Properties License #1221682 Listed on: 08/26/2020

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,414

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Beach Front

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shore Colonial Architecture
  • Asphalt Rolled Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Ocean Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Exterior Lighting

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal belongs
  • Assessor Parcel Number 16-00003-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,414

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Beachfront, Oceanfront, Oceanside
  • Subdivision Name: None
  • Architectural Style: Shore Colonial, Colonial, 2 Story
  • New Construction: No
  • Year Built: 1980
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Style Shore Colonial: Yes
  • ExteriorOutdoorShower: Yes
  • Siding Clapboard: Yes
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Timberline
  • Acres: 0.17
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exclusions: personal belongs
  • Construction Type: Clapboard
  • Exterior Features: Deck, Outdoor Shower, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Electric BB
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 16-00003-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15414.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 10, 2020
Sold by
Diquollo Robert J and Marotta Family Lavallette 2012
Bought by
Gaffney Brian and Gaffney Deirdre
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
Lisa Temple
Childers Sotheby's Intl Realty
List Price
$2,300,000
Sold Price
$2,200,000
Premium/Discount to List
-$100,000
-4.35%
Total Days on Market
14
Current Estimated Value
$3,243,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,043,688
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Brinton Antonla Marotta
Bought by
Diquollo Robert J

Purchase Details

Closed on
Jul 31, 2006
Sold by
Marotta Eugene C and Marotta Charles J
Bought by
Brinton Antonia Marotta

Purchase Details

Closed on
Jun 30, 2006
Sold by
Brinton Antonia Marotta
Bought by
Marotta Eugene C and Marotta Charles J

Range of Values:

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Average Value
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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
Gaffney Brian $2,200,000 Wellington Abstract Llc
Diquollo Robert J -- None Available
Brinton Antonia Marotta $2,000,000 None Available
Marotta Eugene C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinton Antonia Marotta $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $2,200,000 -4.3% --
09/09/2020 09/09/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $2,300,000 -- --
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 $16,891 $1,840,000 $1,435,000 $405,000
2023 $15,714 $1,840,000 $1,435,000 $405,000
2022 $15,714 $1,840,000 $1,435,000 $405,000
2021 $15,198 $1,840,000 $1,435,000 $405,000
2020 $15,106 $1,840,000 $1,435,000 $405,000
2019 $15,414 $1,574,500 $1,292,500 $282,000
2018 $15,288 $1,574,500 $1,292,500 $282,000
2017 $15,446 $1,574,500 $1,292,500 $282,000
2016 $14,942 $1,574,500 $1,292,500 $282,000
2015 $14,627 $1,574,500 $1,292,500 $282,000
2014 $14,690 $1,574,500 $1,292,500 $282,000
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22030116

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00003-0000-00002