31 E Cormorant Way Lavallette, NJ 08735
Estimated payment $4,325/month
Total Views
2,325
2
Beds
1
Bath
560
Sq Ft
$1,159
Price per Sq Ft
Highlights
- Very Popular Property
- Property is near an ocean
- Attic
- Community Beach Access
- Clubhouse
- Cottage
About This Home
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 with several summer rentals in place so at least $20K will go to the buyer if closed prior to summer (potential income of +$30k) . This is a leased-land sale, and the rentals make the lease a tax write-off! Home is in the X zone so flood insurance is optional if financing the purchase.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,752
Year Built
- Built in 2005
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 50 x 32
- Land Lease
HOA Fees
- $64 Monthly HOA Fees
Home Design
- Cottage
- Shingle Roof
Interior Spaces
- 560 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Bay Window
- Porcelain Tile
- Storm Doors
- Attic
Kitchen
- Gas Cooktop
- Stove
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- No Garage
- Gravel Driveway
- Paved Parking
Outdoor Features
- Outdoor Shower
- Property is near an ocean
- Patio
- Outdoor Storage
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Exclusions: Personal items
- Assessor Parcel Number 08-01110-10-00009
Community Details
Overview
- Ocean Beach Subdivision
Recreation
- Community Beach Access
- Community Playground
Additional Features
- Clubhouse
- Security Guard
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,369 | $425,700 | $292,000 | $133,700 |
| 2023 | $7,105 | $425,700 | $292,000 | $133,700 |
| 2022 | $7,105 | $425,700 | $292,000 | $133,700 |
| 2021 | $7,212 | $287,900 | $230,000 | $57,900 |
| 2020 | $7,180 | $287,900 | $230,000 | $57,900 |
| 2019 | $6,869 | $287,900 | $230,000 | $57,900 |
| 2018 | $6,777 | $287,900 | $230,000 | $57,900 |
| 2017 | $6,720 | $287,900 | $230,000 | $57,900 |
| 2016 | $6,544 | $287,900 | $230,000 | $57,900 |
| 2015 | $6,296 | $287,900 | $230,000 | $57,900 |
| 2014 | $5,994 | $287,900 | $230,000 | $57,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $649,000 | +38.4% | $1,159 / Sq Ft |
| 04/19/2023 04/19/23 | Sold | $469,000 | 0.0% | $838 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 02/07/2023 02/07/23 | For Sale | $469,000 | -- | $838 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $422,100 | New Conventional | |
| Closed | $296,000 | New Conventional |
Source: Public Records
Similar Homes in Lavallette, NJ
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22511890
APN: 08-01110-10-00009
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