NOT LISTED FOR SALE

24 E Penguin Way Lavallette, NJ 08735

Estimated Value: $603,000 - $719,000

2 Beds
2 Baths
560 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $640,000 $1,143 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,438/month

60 Days on Market

Highlights

  • Community Beach Access
  • New Kitchen
  • Deck
  • Oceanside
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2024

Don't MISS this BEAUTIFUL home BUILT in 2022 located on OCEAN BLOCK just 3 houses from the BEACH!! Gorgeous kitchen w/BREAKFAST counter w/seating, VAULTED ceilings, rec lights, QUARTZ counter tops, s/s appliances, 42'' cabinets w/crown molding, under cabinet lighting, wood floors that run through out the home w/radiant heat. Kitchen is open to LIVING area w/CUSTOM built ladder leading to loft which offers GREAT EXTRA living space. Master bedroom is GREAT size features rec lights, FULL bath w/shower stall w/GLASS doors, BEAUTIFUL tile, vanity w/QUARTZ top. Second bedroom is also good size, FULL bath in living area offers shower stall, DECORATIVE tile, vanity w/QUARTZ top. HOME is complimented w/CUSTOM shutters through out, front loader washer/dryer, a/c. ENJOY your MORNING & EVENINGS on your SPACIOUS trex deck, use your out door shower head and TONS of storage underneath home. OB3 is a private beach community situated on a unique barrier island between the Atlantic Ocean and the Barnegat Bay, and offers fun summertime activities for members and renters of all ages. Brand new clubhouse is slated for summer of 2024! Home is on lease land. This is a TRUE must see, CALL TODAY for your PRIVATE showing!!!

Last Listed By

Colette Gioia

RE/MAX Revolution License #0019267 Listed on: 04/07/2024

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,541

Year Built

  • 1952

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Window Screens
  • Living Room
  • Loft

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Oceanside
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-01110-13-00016

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,541

Year Built

1952

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Reso Association Amenities: Beach, Clubhouse, Playground
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Loft, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • General Property Info Farm: No
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Common Elements Playground: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Loft: Yes
  • Rooms Loft2: Yes
  • Style CottageBungalow: Yes
  • Common Elements Beach: Yes
  • Special Features: VirtualTour
  • Year Built: 1952

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Deck, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 724.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01110-13-00016
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8541.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Ocean Beach Co
Bought by
Ocean Beach Co Llc
Total Days on Market
60
Current Estimated Value
$661,370

Purchase Details

Closed on
Jul 1, 1984
Bought by
Ocean Beach Co @ Lindsay, R&F

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ocean Beach Co Llc -- None Available
Ocean Beach Co @ Lindsay, R&F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guglielmo Kathy Ann $383,000
Closed Guglielmo Kathy Ann $383,000
Closed Tobias Scott J $238,600
Closed Tobias Scott J $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $640,000 -2.9% $1,143 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $659,000 -5.7% $1,177 / Sq Ft
04/07/2024 04/07/24 For Sale $699,000 -- $1,248 / Sq Ft
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 $8,541 $493,400 $292,000 $201,400
2023 $8,235 $493,400 $292,000 $201,400
2022 $4,873 $292,000 $292,000 $0
2021 $6,796 $271,300 $230,000 $41,300
2020 $6,647 $266,500 $230,000 $36,500
2019 $6,359 $266,500 $230,000 $36,500
2018 $6,273 $266,500 $230,000 $36,500
2017 $6,220 $266,500 $230,000 $36,500
2016 $6,058 $266,500 $230,000 $36,500
2015 $5,828 $266,500 $230,000 $36,500
2014 $5,549 $266,500 $230,000 $36,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Lavallette, NJ

  • 31 E Cormorant Way, Lavallette, NJ 08735

    $649,000

    • 2 Beds
    • 1 Bath
    • 560 Sq Ft
    • 31 E Cormorant Way
    • Lavallette, NJ

    This ocean-block cottage has everything you need to enjoy a great summer! Completely furnished and only 7 houses to a private beach, with all the amenities: central air for hot summer days, washer and dryer and ceramic tile floors for easy sand cleanup. Built to the maximum size allowed in the community with high ceilings that give a comfortable airiness to the living areas. Bonus: the home comes

    Angela Serio Ocean Beach Sales

    Section Image
  • 100 W Penguin Way, Lavallette, NJ 08735

    $699,000

    • 2 Beds
    • 1 Bath
    • 760 Sq Ft
    • 100 W Penguin Way
    • Lavallette, NJ

    Featured Listing: This charming 2 bedroom, 1 bath bungalow is located in OBIII, on Owned Land. This coastal gem is move in ready! This 740 sq ft bungalow features high ceilings, a kitchen island w/storage, W/D, 2 comfortable bedrooms, ceramic tile throughout, attic space, a fenced yard, brick paver patio, off street parking, outdoor tv's, an outdoor kitchen area and an oversized electric awning.

    Michelle Volpe Keller Williams Shore Properties

    Section Image
  • 28 E Marlin Way, Lavallette, NJ 08735

    $699,000

    • 2 Beds
    • 1 Bath
    • 500 Sq Ft
    • 28 E Marlin Way
    • Lavallette, NJ

    Beautifully updated, Immaculate, beach block on OWNED LAND. Gorgeous kitchen w/plenty of cabinets, granite counter w/seating, full sized bath w/stall shower, washer/dryer, 3 zone split system heating and a/c, newer roof, siding, windows, Fenced in patio w/new pavers, private driveway. Great buy for a beach house, investment property or combo. Home is rented for most of the summer. Buyer must

    Jill Stewart Realty Executives Exceptional

    Section Image
  • 109 W Kingfisher Way, Lavallette, NJ 08735

    $695,000

    • 2 Beds
    • 1 Bath
    • 520 Sq Ft
    • 109 W Kingfisher Way
    • Lavallette, NJ

    ''Welcome to the beach! This raised ranch features: An open floor plan with living and dining area, as well as 15 foot ceilings equipped with ceiling fans. Both of the nice-sized bedrooms offer cross ventilation so you can enjoy the ocean breeze anytime! The updated bathroom offers a larger than normal shower. There is plenty of extra storage space above the living room and bedroom. The raised

    Fred Dilorenzo Keller Williams Real Estate-Clinton

    Section Image
  • 3167 Route 35 N Unit B, Lavallette, NJ 08735

    $799,999

    • 3 Beds
    • 1 Bath
    • 3167 Route 35 N
    • Unit B
    • Lavallette, NJ

    OWNED LAND FULLY FURNISHED 3-BEDROOM, 1-BATH BEACH HOME IN OCEAN BEACH 11, JUST ONE BLOCK FROM THE SHORE! RECENTLY RENOVATED WITH NEW FLOORING, FRESH PAINT, A NEW FURNACE, CENTRAL AIR AND HEAT, STUNNING COUNTERTOPS, NEW WINDOWS, AND A TANKLESS WATER HEATER. UPDATED DUCTWORK, GUTTERS, ROOF, AND NEW VINYL FENCING COMPLETE THE UPGRADES. EXCELLENT RENTAL OPPORTUNITY! HOA PROVIDES 8 BEACH BADGES

    Janet Marcellino Weichert Realtors-Sea Girt

    Section Image

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409380

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-13-00016