NOT LISTED FOR SALE

37 E Penguin Way Lavallette, NJ 08735

Dover Beaches North Neighborhood

Estimated Value: $441,000 - $472,867

2 Beds
1 Bath
500 Sq Ft
$910/Sq Ft Est. Value

Last Sold May 07, 2025

Last sale price $439,000 $878 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,055/month

52 Days on Market

Highlights

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

About This Home

As of May 2025

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!

Last Agent to Sell the Property

Leigha Gullotta

Berkshire Hathaway HomeServices Fox & Roach - Lavallette License #1540246 Listed on: 03/23/2025

Berkshire Hathaway HomeServices Fox & Roach - Lavallette

Last Buyer's Agent

Jessica Swartz

Ocean Beach Sales License #1757583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1952

Lot Details

  • 1,612

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • 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

$7,331

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

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Sold $439,000 0.0% $878 / Sq Ft
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 View Prior Sale
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
2025 $7,331 $402,600 $292,000 $110,600
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

Agents Affiliated with this Home

  • Leigha Gullotta

    Seller's Agent in 2025

    Leigha Gullotta

    Berkshire Hathaway HomeServices Fox & Roach - Lavallette

    (732) 275-2256

    2 in this area

    38 Total Sales

    Leigha Gullotta
    Section Image

  • J

    Buyer's Agent in 2025

    Jessica Swartz

    Ocean Beach Sales

    (732) 742-8377

    18 in this area

    28 Total Sales

    Jessica Swartz
    Section Image
  • Angela Serio

    Seller's Agent in 2016

    Angela Serio

    Ocean Beach Sales

    (908) 770-7741

    134 in this area

    150 Total Sales

    Angela Serio
    Section Image
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Map

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 Dover Beaches North

37 E Penguin Way, Lavallette, NJ

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.

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