NOT LISTED FOR SALE

5 Lancaster Dr Ocean, NJ 07712

Estimated Value: $837,481 - $886,000

4 Beds
2.5 Baths
2,292 Sq Ft
$376/Sq Ft Est. Value

Last Sold February 19, 2025

Last sale price $822,000 $359 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,460/month

8 Days on Market

Highlights

  • New Kitchen
  • Deck
  • Marble Bathroom Countertops
  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops

About This Home

As of February 2025

Welcome 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

Eric Bosniak

Coldwell Banker Realty Brokerage Phone: 732-245-0340 License #0902924 Listed on: 12/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Kathleen Alpaugh

Coldwell Banker Realty License #0673614

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,191

Year Built

Built in 1975

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-245-0340
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Double Oven, Microwave, Stove, Refrigerator, Garbage Disposal, Garage Door Opener, Generator
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Built-Ins, Center Hall, Dec Molding, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1975
  • Contract Info List PriceSqFt: 335.95
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.36
  • General Property Info Lot Dimensions: 110 x 141
  • General Property Info Farm: No
  • Location Middle School: Ocean
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Exterior Sprinkler Under: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Rooms Garage4: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Utilities Included Generator: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Rooms Breakfast: Yes
  • Included Garbage Disposal: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.36
  • Waterfront: No
  • Exclusions: Personal Items, Kitchen Chandelier,
  • Exterior Features: Deck, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Double Wide Drive, Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 110 x 141
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 37-00160-0000-00017
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11191.0

MLS Schools

  • Elementary School: Wayside
  • High School: Ocean Twp

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
$862,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,870
Avg. Annual Appreciation
4.60%
Original Mortgage
$452,100
Outstanding Balance
$449,439
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$413,431

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schober Michael $822,000 Coastal Title
Schober Michael $822,000 Coastal Title
Sparaco Eugene $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schober Michael $452,100
Closed Schober Michael $452,100
Previous Owner Sparaco Eugene $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $11,052 $775,000 $501,900 $273,100
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435065

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00160-0000-00017

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