NOT LISTED FOR SALE

400 Ocean Ave Lavallette, NJ 08735

Estimated Value: $1,683,000 - $2,866,000

4 Beds
3.5 Baths
1,761 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $2,000,000 $1,136 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $13,508/month

151 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Air Conditioning
  • Deck
  • Oversized Lot
  • Gas Fireplace

About This Home

As of January 2023

Your chance to own OCEANFRONT property in the north end of Lavallette! Step right on to the boardwalk, walk to restaurants, shops, ice cream parlors, and an easy walk to the bay parks and beaches. Enjoy the charm or build your dream house! Most furniture included. Being sold strictly ''as is''.

Last Agent to Sell the Property

Heidi Magno

Schlosser Real Estate, Inc. License #1864137 Listed on: 06/02/2022

Last Buyer's Agent

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,494

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Ocean Front
  • Oversized Lot

Interior Spaces

  • 1,761 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Basement

Kitchen

  • Stove
  • Portable Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal items and some furnishings.
  • Assessor Parcel Number 16-00005-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,494

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Oceanfront
  • Inclusions: Outdoor Lighting, AC Units, Washer, Blinds/Shades, Counter Top Range, Dryer, Light Fixtures, Stove, Refrigerator, None
  • Subdivision Name: None
  • Architectural Style: 2 Story
  • New Construction: No
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Water Heater Electric2: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Fireplaces: 1.0
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • ExteriorDeck: Yes
  • Lot Description Oversized3: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Cooling Multi Units: Yes
  • Included Counter Top Range: Yes
  • Style 2 Story: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Bilco Style Doors
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.11
  • Waterfront Features: Oceanfront
  • Waterfront: No
  • Exclusions: personal items and some furnishings.
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00005-0000-00001
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12494.0

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Bloomin Properties Llc
Bought by
Burdick Brenton and Burdick Heather
Current Estimated Value
$2,332,247

Purchase Details

Listed on
Jun 2, 2022
Closed on
Dec 28, 2022
Sold by
Hoffman Properties Lp
Bought by
Bloomin Properties Llc
Seller's Agent
Heidi Magno
Schlosser Real Estate, Inc.
Buyer's Agent
Andrea Schlosser
Schlosser Real Estate, Inc.
List Price
$2,249,000
Sold Price
$2,000,000
Premium/Discount to List
-$249,000
-11.07%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$2,000,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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
Burdick Brenton $2,560,000 Evident Title Agency
Burdick Brenton $2,560,000 Evident Title Agency
Bloomin Properties Llc $2,000,000 Trident Abstract Title
Bloomin Properties Llc $2,000,000 Trident Abstract Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bloomin Properties Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $2,000,000 -11.1% $1,136 / Sq Ft
06/02/2022 06/02/22 For Sale $2,249,000 +12.5% $1,277 / Sq Ft
05/30/2022 05/30/22 Off Market $2,000,000 -- --
05/28/2022 05/28/22 For Sale $2,249,000 -- $1,277 / 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
2025 $14,309 $1,512,600 $1,350,000 $162,600
2024 $13,886 $1,512,600 $1,350,000 $162,600
2023 $12,918 $1,512,600 $1,350,000 $162,600
2022 $12,918 $1,512,600 $1,350,000 $162,600
2021 $12,480 $1,512,600 $1,350,000 $162,600
2020 $12,418 $1,512,600 $1,350,000 $162,600
2019 $13,031 $1,331,100 $1,250,000 $81,100
2018 $12,925 $1,331,100 $1,250,000 $81,100
2017 $13,058 $1,331,100 $1,250,000 $81,100
2016 $12,632 $1,331,100 $1,250,000 $81,100
2015 $12,366 $1,331,100 $1,250,000 $81,100
2014 $12,419 $1,331,100 $1,250,000 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22216332

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00005-0000-00001