$439,000
PENDING

37 E Penguin Way Lavallette, NJ 08735

Estimated payment $3,089/month

Total Views 7,570
2 Beds
1 Bath
500 Sq Ft
$878 Price per Sq Ft

Highlights

  • Cottage
  • Patio
  • Ceramic Tile Flooring
  • Multiple cooling system units
  • Outdoor Shower
  • Outdoor Grill

About This Home

Discover the cutest beach bungalow in Ocean Beach III, Lavallette! This 2 BD, 1 BA home features an open floor plan with counter seating and a dining area for casual beachside living. Situated on a beach block, it's just steps from the ocean, with ample parking and a patio ideal for BBQs and relaxation. Fully furnished and perfect for unforgettable beach getaways or rental income, the lively community offers local shops, restaurants, and recreational activities. Bonus: leased land expenses are a seasonal rental write-off for investors!

Listing Agent

Leigha Gullotta

Berkshire Hathaway HomeServices Fox & Roach - Lavallette License #1540246

Berkshire Hathaway HomeServices Fox & Roach - Lavallette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,969

Year Built

  • Built in 1952

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Grill

Utilities

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

Community Details

  • Ocean Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-01110-14-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,969

Year Built

Built in 1952

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Ocean Beach
  • Architectural Style: Bungalow
  • Year Built: 1952
  • 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
  • ExteriorPatio: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior BBQ: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Living Room Floor - Ceramic2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Outdoor Grill, Outdoor Shower
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

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

Lot Info

  • Parcel #: 08-01110-14-00003

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

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 $6,969 $402,600 $292,000 $110,600
2023 $6,719 $402,600 $292,000 $110,600
2022 $6,719 $402,600 $292,000 $110,600
2021 $6,751 $269,500 $230,000 $39,500
2020 $6,721 $269,500 $230,000 $39,500
2019 $6,430 $269,500 $230,000 $39,500
2018 $6,344 $269,500 $230,000 $39,500
2017 $6,290 $269,500 $230,000 $39,500
2016 $6,126 $269,500 $230,000 $39,500
2015 $5,894 $269,500 $230,000 $39,500
2014 $5,611 $269,500 $230,000 $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Pending -- -- --
03/23/2025 03/23/25 For Sale $439,000 0.0% $878 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $439,000 +128.6% $878 / Sq Ft
08/16/2016 08/16/16 Sold $192,000 -- $384 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Mortgage History

Date Status Loan Amount Loan Type
Closed $144,000 New Conventional
Source: Public Records

Similar Home in Lavallette, NJ

  • 115 W Amberjack Way, Lavallette, NJ 08735

    $399,000

    • 2 Beds
    • 1 Bath
    • 500 Sq Ft
    • 115 W Amberjack Way
    • Lavallette, NJ

    OCEAN BEACH III - COZY COTTAGE LOCATED 1 BLOCK FROM THE BEACH OR BAY !!!! FEATURES INCLUDE: 2 Bedrooms / 1 Bathroom, Separate Dining Area, Fenced in Outdoor Patio, Being Sold Furnished, Walking Distance to Shopping, Restaurants and Fun Activities !!! This home is located on Leased Land which can be a great Tax Write Off if rented Seasonally.

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22503302

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-14-00003

New Jersey Ocean County Lavallette 08735

37 E Penguin Way, Lavallette, NJ

Homes for Sale in Lavallette, NJ

This home is located at 37 E Penguin Way, Lavallette, NJ 08735 and is currently priced at $439,000, approximately $878 per square foot. This property was built in 1952. 37 E Penguin Way is a home located in Ocean County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Leigha Gullotta
Listing Agent
Leigha Gullotta
Section Image
Berkshire Hathaway HomeServices Fox & Roach - Lavallette
(848) 361-4737