NOT LISTED FOR SALE

28 E Cormorant Way Lavallette, NJ 08735

Estimated Value: $520,000 - $611,000

2 Beds
1 Bath
500 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $195,000 $390 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $3,961/month

15 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Multiple cooling system units
  • Oceanside
  • Cottage
  • Patio

About This Home

As of November 2019

Lowest-priced home in Ocean Beach. Sits in the X zone (doesn't have to be raised)! Only seven houses to the beach in a great, private community. Home has air conditioning, gas heat, vinyl siding and outdoor shower. Furniture included. Home is on leased land which can be a great tax write-off.

Last Listed By

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 09/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 50 x 32
  • Land Lease

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Light Fixtures

Kitchen

  • Gas Cooktop
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Oceanside
  • Patio

Utilities

  • Multiple cooling system units
  • Space Heater
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: personal items
  • Assessor Parcel Number 08-01110-09-00012

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,396

Year Built

Built in 1952

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside, Leased Land
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: Light Fixtures, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1952
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 32
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Included Light Fixtures: Yes
  • Common Elements Clubhouse: Yes
  • Common Elements Playground: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Lot Description Leased Land: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: personal items
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Space Heater
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association Fee: 659.0
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 50 x 32
  • Parcel #: 08-01110-09-00012

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6396.0

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
15
Current Estimated Value
$584,499

Purchase Details

Closed on
Jul 1, 1984
Bought by
Ocean Beach Co

Range of Values:

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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
Ocean Beach Co Llc -- None Available
Ocean Beach Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apolito Jeffrey A $179,000
Closed Apolito Jeffrey A $179,000
Closed Apolito Jeffrey A $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $195,000 -- $390 / 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 $7,975 $460,700 $292,000 $168,700
2023 $7,689 $460,700 $292,000 $168,700
2022 $7,689 $460,700 $292,000 $168,700
2021 $6,806 $271,700 $230,000 $41,700
2020 $6,776 $271,700 $230,000 $41,700
2019 $6,483 $271,700 $230,000 $41,700
2018 $6,396 $271,700 $230,000 $41,700
2017 $6,341 $271,700 $230,000 $41,700
2016 $6,176 $271,700 $230,000 $41,700
2015 $5,942 $271,700 $230,000 $41,700
2014 $5,657 $271,700 $230,000 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21938578

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-09-00012