NOT LISTED FOR SALE

22 Ortley Ave Lavallette, NJ 08735

Estimated Value: $1,698,000 - $2,149,000

5 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold April 11, 2024

Last sale price $1,750,000

Est. 11% increase in value since last sale

Current estimated payment $10,984/month

17 Days on Market

Highlights

  • Oceanside
  • Wood Flooring
  • Double-Wide Driveway
  • Deck
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of April 2024

Charming 2-family beach block property for sale in Lavallette, NJ. Rare opportunity to own a spacious and well-maintained property just steps away from the beach. Ideal for families or investors looking for a coastal retreat with rental potential. Don't miss out on this unique and sought-after opportunity in a prime beach location.

Last Agent to Sell the Property

Liborio Tamburello

Signature Realty NJ License #1973381 Listed on: 01/23/2024

Signature Realty NJ

Last Buyer's Agent

Lisa Temple

Keller Williams Shore Properties License #1221682

Keller Williams Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,440

Year Built

  • Built in 1978

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Attached Garage
  • Double-Wide Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Deck
  • Patio
  • Shed

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 16-00002-0000-00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,440

Year Built

Built in 1978

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Ocean Block, Oceanside
  • Subdivision Name: None
  • Reso Flooring: Wood, Other
  • Year Built: 1978
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info # Fireplaces: 1.0
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Lot Description Ocean Block: Yes
  • Exterior Shed3: Yes
  • Parking Double Wide: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Double Wide
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00002-0000-00025
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8440.0
  • Tax Other Annual Assessment Amount: 988300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 2, 2024
Sold by
Santo Tavormina Qualified Personal Resid and Isabelle Tavormina Qualified Personal Re
Bought by
22 Ortley Avenue Llc
Seller's Agent
Liborio Tamburello
Signature Realty NJ
Buyer's Agent
Lisa Temple
Keller Williams Shore Properties
List Price
$1,600,000
Sold Price
$1,750,000
Premium/Discount to List
$150,000
9.38%
Views
52
Current Estimated Value
$1,940,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,044
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,225,000
Outstanding Balance
$1,206,697
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$733,347

Purchase Details

Closed on
Nov 20, 2000

Purchase Details

Closed on
Apr 30, 1998
Sold by
Brockwell Benjamin G and Brockwell Celeste
Bought by
Tavormina Santo F and Tavormina Isabelle R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
22 Ortley Avenue Llc $1,750,000 Fidelity National Title Insura
22 Ortley Avenue Llc $1,750,000 Fidelity National Title Insura
-- -- --
Tavormina Santo F $329,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 22 Ortley Avenue Llc $1,225,000
Closed 22 Ortley Avenue Llc $1,225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2024 04/11/24 Sold $1,750,000 +9.4% --
02/09/2024 02/09/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $1,600,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,349 $988,300 $775,000 $213,300
2024 $9,073 $988,300 $775,000 $213,300
2023 $8,440 $988,300 $775,000 $213,300
2022 $8,440 $988,300 $775,000 $213,300
2021 $8,163 $988,300 $775,000 $213,300
2020 $8,114 $988,300 $775,000 $213,300
2019 $7,806 $797,300 $575,000 $222,300
2018 $7,742 $797,300 $575,000 $222,300
2017 $7,822 $797,300 $575,000 $222,300
2016 $7,566 $797,300 $575,000 $222,300
2015 $7,407 $797,300 $575,000 $222,300
2014 $7,439 $730,600 $575,000 $155,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Liborio Tamburello

    Signature Realty NJ

    Section Image
  • Lisa Temple

    Buyer's Agent in 2024

    Lisa Temple

    Keller Williams Shore Properties

    (908) 304-2644

    25 in this area

    249 Total Sales

    Lisa Temple
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401957

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00002-0000-00025

New Jersey Ocean County Lavallette 08735

22 Ortley Ave, Lavallette, NJ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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