5 Lancaster Dr Ocean, NJ 07712
Tinton Falls Neighborhood
4
Beds
2.5
Baths
2,292
Sq Ft
0.36
Acres
Highlights
- New Kitchen
- Deck
- Marble Bathroom Countertops
- Colonial Architecture
- Wood Flooring
- Granite Countertops
About This Home
As of February 2025Welcome to 5 Lancaster Drive located in the uber desirable Wayside section of Ocean Twp. This home is nothing short of impeccable and stunning. Offering approximately 2300 square feet of warm, casual and custom living space, plus oversized 2 car garage, partially finished basement, 4 bedrooms and 2.5 bathrooms. We promise you will love this home. Some of the many features you'll enjoy include gorgeous hardwood floors, custom built-ins, crown molding throughout, recessed lighting, custom kitchen with double wall oven, stainless steel appliances, custom cabinetry, tile backsplash, granite counters, newer bathrooms, newer roof, whole house generator, underground sprinklers, maintenance free rear deck with motorized awning all on a 110 X 141, .36 of an acre lot. 5 Lancaster is located close to absolutely everything the Jersey Shore has to offer. This area of the Jersey Shore offers a lifestyle incomparable to any other. Minutes to the top NJ Jersey beaches, such as Asbury Park, Bradley Beach, Belmar, Avon, Ocean Grove, Allenhurst, Long Branch, Monmouth Beach or Sea Bright. Minutes onto commuter highways such as RT18, Garden State Parkway, I-195, RT's 33,34,35,36. Many top Zagat rated restaurants not to mention the best Jersey pizza, bagels and pork roll. Uber vibrant music scene, nightlife, art and culture, be it Asbury Park or Red Bank at venues such as Count Basie Theater, The Vogel, Stone Pony, Wonder Bar, The Asbury and so many more. Discount or high-end shopping. Some of the best private and public golf courses in NJ are close by. Top rated blue-ribbon school systems both public & private. It's all here. The vibrant, unique lifestyle this area of the Jersey Shore has to offer is second to none! If you aren't familiar, make your appointment today and come take a look. You'll be blown away. WE PROMISE!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 732-245-0340 License #0902924 Listed on: 12/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,191
Year Built
- Built in 1975
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 110 x 141
- Sprinkler System
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Garage Door Opener
- Double-Wide Driveway
Home Design
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,292 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Recessed Lighting
- Blinds
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Center Hall
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- New Kitchen
- Eat-In Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Marble Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
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
- Power Generator
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal Items, Kitchen Chandelier,
- Assessor Parcel Number 37-00160-0000-00017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 19, 2024
Closed on
Feb 19, 2025
Sold by
Sparaco Eugene and Sparaco Anne Marie
Bought by
Schober Michael and Schober Jennifer
Seller's Agent
Eric Bosniak
Coldwell Banker Realty
Buyer's Agent
Kathleen Alpaugh
Coldwell Banker Realty
List Price
$770,000
Sold Price
$822,000
Premium/Discount to List
$52,000
6.75%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,011
Avg. Annual Appreciation
-0.24%
Original Mortgage
$452,100
Outstanding Balance
$451,726
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$369,340
Purchase Details
Closed on
Jun 29, 1994
Sold by
Stanko Richard
Bought by
Sparaco Eugene and Sparaco Ann Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.51%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $822,000 | Coastal Title | |
| Deed | $242,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $452,100 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $165,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $822,000 | +6.8% | $359 / Sq Ft |
| 12/28/2024 12/28/24 | Pending | -- | -- | -- |
| 12/19/2024 12/19/24 | For Sale | $770,000 | -- | $336 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $11,191 | $775,000 | $444,200 | $330,800 |
| 2023 | $11,191 | $731,900 | $389,200 | $342,700 |
| 2022 | $10,324 | $615,500 | $289,200 | $326,300 |
| 2021 | $10,324 | $525,400 | $268,700 | $256,700 |
| 2020 | $10,345 | $519,600 | $268,700 | $250,900 |
| 2019 | $10,360 | $508,100 | $258,700 | $249,400 |
| 2018 | $10,397 | $496,500 | $258,700 | $237,800 |
| 2017 | $9,642 | $458,500 | $233,700 | $224,800 |
| 2016 | $10,194 | $436,000 | $198,700 | $237,300 |
| 2015 | $9,926 | $429,900 | $198,700 | $231,200 |
| 2014 | $9,691 | $425,400 | $198,700 | $226,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Eric Bosniak
Coldwell Banker Realty
(732) 245-0340
36 in this area
152 Total Sales
-
Buyer's Agent in 2025
Kathleen Alpaugh
Coldwell Banker Realty
(732) 778-7038
4 in this area
31 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22435065
APN: 37-00160-0000-00017
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