NOT LISTED FOR SALE

3154 Ocean Rd Lavallette, NJ 08735

Estimated Value: $941,000 - $1,391,000

3 Beds
1 Bath
930 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $850,000 $914 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,084/month

167 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Outdoor Pool
  • Community Beach Access
  • Indoor Spa
  • Oceanside

About This Home

As of October 2022

** TOES IN THE SAND ** -- Your dream of living at the Jersey Shore starts in this beautiful beach bungalow, oceanside in the desirable Monterey Beach Club neighborhood in Lavallette. A perfect vacation home, it is also rental ready with strong income history. Recently renovated with new HVAC, electric, roof, and floors, it provides plenty of space for endless gatherings with family and friends. When you walk in the door and witness the incredible view of sunshine, sand, and blue sky, you will know you are HOME. This is on leased land, which is tax-deductible if rented seasonally.

Last Listed By

Jennifer Mahieu

Keller Williams Realty Ocean Living License #1972854 Listed on: 08/29/2022

Keller Williams Realty Ocean Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,659

Year Built

  • Built in 1955

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Beach Front
  • Oversized Lot
  • Land Lease

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Custom Home
  • Contemporary Architecture
  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Home Theater Equipment
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room
  • Dining Room
  • Indoor Spa
  • Tile Flooring
  • Ocean Views
  • Attic

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Oversized Parking
  • Parking Available
  • Double-Wide Driveway
  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-00945-01-00002

Community Details

Recreation

  • Community Beach Access
  • Beach
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,659

Year Built

Built in 1955

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Beachfront, Oceanfront, Oceanside, Oversized, Leased Land
  • Reso Association Amenities: Beach, Association
  • Co List Office Mls Id: 3386
  • Co List Office Phone: 848-241-6955
  • Inclusions: Outdoor Lighting, Hot Tub, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Cottage/Bungalow, Contemporary
  • Reso Flooring: Tile, See Remarks
  • Reso Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Dec Molding, French Doors, Home Theater Equip, Hot Tub, Sliding Door, Recessed Lighting
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Parking Double Wide Drive: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Parking Concrete: Yes
  • Kitchen Dec Molding5: Yes
  • Parking Oversized2: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • Exterior Hot Tub2: Yes
  • Floors Tile: Yes
  • Style CottageBungalow: Yes
  • Dining Room Sliding Door3: Yes
  • Exterior Rec Area: Yes
  • GreatFamily Room Dec Molding6: Yes
  • GreatFamily Room French Doors4: Yes
  • Included Hot Tub3: Yes
  • Water Type Beachfront: Yes
  • Interior Hot Tub: Yes
  • Lot Description Leased Land: Yes
  • Interior Home Theater Equip: Yes
  • Lot Description Beachfront2: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.09
  • Topography: Level
  • Waterfront Features: Beachfront, Oceanfront, Oceanside/Beach Blk, Oceanview
  • Waterfront: Yes
  • Exterior Features: BBQ, Hot Tub, Outdoor Shower, Patio, Rec Area, Storm Door(s), Storm Window, Swimming, Lighting
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Concrete, Double Wide Drive, Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 08-00945-01-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20659.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 12, 2018
Sold by
Hsbc Bank Usa National Association
Bought by
Islz Properties Llc
Seller's Agent
Daniel Mercuri
Ocean Beach Sales
Buyer's Agent
Daniel Mercuri
Ocean Beach Sales
Sold Price
$425,000
Total Days on Market
167
Current Estimated Value
$1,119,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,057
Avg. Annual Appreciation
15.85%
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 17, 2004
Sold by
Peggy S Adair Irrevocable Family Trust
Bought by
Peggy S Adair Irrevocable Family Trust and Sawyer Otis S

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
Islz Properties Llc $140,000 None Available
Peggy S Adair Irrevocable Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jags 454 Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2022 10/15/22 Pending -- -- --
10/14/2022 10/14/22 Sold $850,000 0.0% $914 / Sq Ft
08/08/2022 08/08/22 Price Changed $850,000 -2.9% $914 / Sq Ft
06/27/2022 06/27/22 Price Changed $875,000 -2.8% $941 / Sq Ft
06/15/2022 06/15/22 Price Changed $900,000 -5.3% $968 / Sq Ft
04/29/2022 04/29/22 For Sale $950,000 +123.5% $1,022 / Sq Ft
10/05/2018 10/05/18 Sold $425,000 -- $457 / 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 $21,700 $1,253,600 $1,045,000 $208,600
2023 $20,923 $1,253,600 $1,045,000 $208,600
2022 $20,923 $1,253,600 $1,045,000 $208,600
2021 $20,659 $824,700 $768,500 $56,200
2020 $20,568 $824,700 $768,500 $56,200
2019 $19,677 $824,700 $768,500 $56,200
2018 $19,413 $824,700 $768,500 $56,200
2017 $19,249 $824,700 $768,500 $56,200
2016 $18,745 $824,700 $768,500 $56,200
2015 $18,036 $824,700 $768,500 $56,200
2014 $17,170 $824,700 $768,500 $56,200
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22212607

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00945-01-00002