5 Arbor Way Ocean, NJ 07712
Tinton Falls Neighborhood
3
Beds
1.5
Baths
2,285
Sq Ft
0.26
Acres
Highlights
- Custom Home
- Backs to Trees or Woods
- Bonus Room
- Deck
- Wood Flooring
- No HOA
About This Home
As of March 2025*** Hugh Price Reduction*** Premier location in prestigious Wayside. This 3-bedroom, 1.5 bath can be expanded to a 4 or 5-bedroom home within its current square footage. One room upstairs could be used as a possible 4th bedroom if a closet is added. There is the possibility of adding a 5th bedroom and another bathroom in the unfinished area on the second floor.
Living room, dining room and the 3 bedrooms have hardwood floors. there is a bonus room on the first level.
Large full finished basement, has a wood burning fireplace
A little bit of updating will make this home a gem and surely increase the value in this wonderful neighborhood.
More pictures are coming soon
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,270
Year Built
- Built in 1956
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 100 x 115
- Fenced
- Backs to Trees or Woods
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Custom Home
- Shingle Roof
Interior Spaces
- 2,285 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Living Room
- Dining Room
- Bonus Room
- Wood Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
Outdoor Features
- Deck
Schools
- Wayside Elementary School
- Ocean Middle School
- Ocean Twp High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 37-00037-11-00012
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $640,000 | +0.8% | $280 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | Price Changed | $635,000 | -9.2% | $278 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $699,000 | -5.4% | $306 / Sq Ft |
| 12/27/2024 12/27/24 | For Sale | $739,000 | -- | $323 / 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 | $9,270 | $612,800 | $378,800 | $234,000 |
| 2023 | $9,270 | $606,300 | $378,800 | $227,500 |
| 2022 | $7,031 | $530,400 | $313,800 | $216,600 |
| 2021 | $7,031 | $357,800 | $178,800 | $179,000 |
| 2020 | $7,044 | $353,800 | $178,800 | $175,000 |
| 2019 | $7,294 | $357,700 | $183,800 | $173,900 |
| 2018 | $7,951 | $379,700 | $213,800 | $165,900 |
| 2017 | $7,373 | $350,600 | $193,800 | $156,800 |
| 2016 | $7,573 | $323,900 | $178,800 | $145,100 |
| 2015 | $7,393 | $320,200 | $178,800 | $141,400 |
| 2014 | $7,716 | $338,700 | $193,800 | $144,900 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | New Conventional | |
| Closed | $440,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $640,000 | None Listed On Document | |
| Deed | $640,000 | None Listed On Document |
Source: Public Records
Similar Homes in the area
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22435625
APN: 37-00037-11-00012
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