$3,600,000
SOLD SEP 10, 2025

5 Pennsylvania Ave Lavallette, NJ 08735

5 Beds
4.5 Baths
2,800 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$1,286 Per Sq Ft

3% Below List Price

127 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Wood Flooring
  • New Construction
  • Oceanside
  • Shore Colonial Architecture

About This Home

As of September 2025

Coastal elegance at its best describes yet another MGC construction offering. This five-bedroom, 4 1/2 bath newly constructed shore colonial is just four houses to the ocean and offers decorator touches throughout... from the lovely gourmet kitchen with its dazzling backsplash and beachy driftwood-like center island to the cozy fireplace, window seats, the beach gear room, and thoughtful tile and hardware selections in the bathrooms. When you return from the beach, the vacation life keeps on going with the backyard pool and roomy patio surround plus the garage/pool house with a large remote-controlled serving window and cabinetry.

Last Agent to Sell the Property

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 03/31/2025

Co-Listed By

Andrea Schlosser

Schlosser Real Estate, Inc. License #8134732

Last Buyer's Agent

Lisa Temple

Keller Williams Shore Properties License #1221682

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,034

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Oceanside
  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Lavallette Elementary School
  • Adelphia Middle School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00017-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,034

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, Salt Water
  • Reso View: Waterview
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: 1401
  • Co List Office Phone: 732-793-7755
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Ceilings - 9Ft+ 1st Flr, Dec Molding, In-Law Floorplan, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2024
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Adelphia
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Interior In-Law Suite: Yes
  • Living Room Dec Molding3: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • PoolSaltWater: Yes
  • Exterior Security System3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: 4098

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 14
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Construction Type: Other
  • Exterior Features: Underground Sprinkler System, Balcony, Outdoor Shower, Storage, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Adelphia

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00017-0000-00010
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9034.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 15, 2023
Sold by
Kelly Mark W and Kelly Diane F
Bought by
M G C Development Llc
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
List Price
$1,699,000
Sold Price
$1,780,000
Premium/Discount to List
$81,000
4.77%
Views
27

Purchase Details

Closed on
Dec 28, 2002
Sold by
Scilla Jack
Bought by
Kelly Mark and Kelly Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.98%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,780,000 First American Title
Deed $869,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Credit Line Revolving
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Sold $3,600,000 -2.7% $1,286 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $3,699,000 +107.8% $1,321 / Sq Ft
06/21/2023 06/21/23 Sold $1,780,000 +4.8% --
06/16/2023 06/16/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,699,000 -- --
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 $9,034 $955,000 $955,000 --
2024 $11,400 $955,000 $955,000 $0
2023 $10,605 $1,241,800 $955,000 $286,800
2022 $10,605 $1,241,800 $955,000 $286,800
2021 $10,257 $1,241,800 $955,000 $286,800
2020 $10,195 $1,241,800 $955,000 $286,800
2019 $10,198 $1,041,700 $850,000 $191,700
2018 $10,115 $1,041,700 $850,000 $191,700
2017 $10,219 $1,041,700 $850,000 $191,700
2016 $9,886 $1,041,700 $850,000 $191,700
2015 $9,677 $1,041,700 $850,000 $191,700
2014 $9,719 $1,041,700 $850,000 $191,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22509087

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00017-0000-00010