$430,000
SOLD APR 25, 2025

37 E Crane Way Lavallette, NJ 08735

2 Beds
1 Bath
500 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$860 Per Sq Ft

14% Below List Price

59 Days on Market

Highlights

  • Community Beach Access
  • Cottage
  • Patio
  • Property is near an ocean
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting

About This Home

As of April 2025

Adorable updated 2 bedroom, 1 bath beach cottage on the oceanside in Ocean Beach III, a lovely family community down the Jersey Shore. On the ocean block just one block to the bay and the all new clubhouse. Playgrounds, tennis, pickleball, mini-golf, ice cream and more are nearby. Tastefully furnished and all incuded. This turn-key property is easily rentable to help with household expenses. Stay a few weeks and rent the rest. Situated on leased land which offers a terrific tax write off. This one may not last. Make an appointment today!

Last Agent to Sell the Property

Patricia Hallock

Chadwick Sales & Rentals LLC License #0784985

Last Buyer's Agent

Angela Serio

Ocean Beach Sales License #0125329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,358

Year Built

  • Built in 1955

Lot Details

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

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Property is near an ocean
  • Patio
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 08-01110-12-00003

Community Details

Overview

  • Ocean Beach Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,358

Year Built

Built in 1955

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Leased Land
  • Reso Association Amenities: Beach Access
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Bungalow
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Recessed Lighting
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Floors Ceramic Tile: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Floors Laminate: Yes
  • Included Gas Grill: Yes
  • Style CottageBungalow: Yes
  • Living Room Floor - Ceramic2: 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:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal items
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 739.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01110-12-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8358.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $430,000 -13.8% $860 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $499,000 0.0% $998 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/01/2025 03/01/25 Price Changed $499,000 -9.3% $998 / Sq Ft
01/29/2025 01/29/25 Price Changed $550,000 +22.2% $1,100 / Sq Ft
01/28/2025 01/28/25 For Sale $450,000 +88.3% $900 / Sq Ft
10/29/2019 10/29/19 Sold $239,000 -- $478 / Sq Ft
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
2024 $7,945 $459,000 $292,000 $167,000
2023 $7,661 $459,000 $292,000 $167,000
2022 $7,661 $459,000 $292,000 $167,000
2021 $6,743 $269,200 $230,000 $39,200
2020 $6,714 $269,200 $230,000 $39,200
2019 $6,423 $269,200 $230,000 $39,200
2018 $6,337 $269,200 $230,000 $39,200
2017 $6,283 $269,200 $230,000 $39,200
2016 $6,119 $269,200 $230,000 $39,200
2015 $5,887 $269,200 $230,000 $39,200
2014 $5,605 $269,200 $230,000 $39,200
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,800 New Conventional
Previous Owner $277,943 New Conventional
Previous Owner $284,000 Unknown
Previous Owner $35,500 Credit Line Revolving
Previous Owner $280,000 Unknown
Previous Owner $35,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $237,500 None Available
Quit Claim Deed $350,000 --
Deed -- --
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22502487

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-12-00003