NOT LISTED FOR SALE

96 Ocean Ave Lavallette, NJ 08735

Estimated Value: $1,539,000 - $3,404,000

4 Beds
1.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $2,200,000

Est. 19% increase in value since last sale

Current estimated payment $14,884/month

37 Days on Market

Highlights

  • Beach Front
  • Property is near an ocean
  • No HOA
  • Ocean View
  • Shore Colonial Architecture
  • Balcony

About This Home

As of June 2021

FEATURED LISTING..Location, location, location.This 4 bedroom quintessential beach house is steps from the boardwalk but not on it, offering rare ocean front privacy.Enjoy your morning coffee while whale watching from your upper deck or cocktails in the evening with family and friends on the lower deck.This ocean front property is an entertainers dream.In the highly desirable northern section of Lavallette, you are steps away from a swim in the ocean or a short walk to both the bay or center of town. New W/D, refrigerator, dishwasher as well a wood burning fireplace, outdoor shower, tankless hot water, shed, home audio system and a Tesla charger. Don't miss this rare opportunity to start enjoying your dinners with your feet in the sand. It doesn't get much better than this in Lavallette

Last Agent to Sell the Property

Lisa Temple

Keller Williams Shore Properties License #1221682 Listed on: 03/17/2021

Keller Williams Shore Properties

Last Buyer's Agent

liam egan

EXP Realty License #2076117

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,799

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Beach Front
  • Fenced

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Storage
  • Ceramic Tile Flooring
  • Ocean Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Property is near an ocean
  • Balcony
  • Storage Shed
  • Porch

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00001-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,799

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Beachfront, Oceanfront
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Siding Shingle: Yes
  • Dining Room Floor - Ceramic3: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Style Shore Colonial: Yes
  • General Property Info # UnitsBldgs: 1.0
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Energy Features Program Thermostat: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Construction Type: Shingle Siding
  • Exterior Features: Balcony, Fence, Porch - Open, Private Storage

Garage/Parking

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

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12799.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 26, 2021
Sold by
Pincus Steven T and Pincus Maureen E
Bought by
Merola John J and Merola Janice I
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
liam egan
EXP Realty
List Price
$2,100,000
Sold Price
$2,200,000
Premium/Discount to List
$100,000
4.76%
Current Estimated Value
$2,611,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,418
Avg. Annual Appreciation
3.79%
Original Mortgage
$1,450,000
Outstanding Balance
$1,312,794
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,298,624

Purchase Details

Closed on
Aug 30, 2002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.24%

Purchase Details

Closed on
Aug 10, 2002
Sold by
Hatfield James
Bought by
Pincus Steven and Pincus Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merola John J $2,200,000 Trident Abstract Ttl Agcy Ll
Merola John J $2,200,000 Trident Abstract Title
-- $988,800 --
Pincus Steven $988,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merola John J $1,450,000
Closed Merola John J $1,450,000
Previous Owner Pincus Steven $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $2,200,000 +10.0% --
04/24/2021 04/24/21 Pending -- -- --
03/30/2021 03/30/21 Price Changed $1,999,500 -4.8% --
03/17/2021 03/17/21 For Sale $2,100,000 -- --
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 $14,747 $1,584,000 $1,350,000 $234,000
2024 $14,311 $1,558,900 $1,350,000 $208,900
2023 $13,313 $1,558,900 $1,350,000 $208,900
2022 $13,313 $1,558,900 $1,350,000 $208,900
2021 $13,046 $1,579,400 $1,350,000 $229,400
2020 $12,799 $1,558,900 $1,350,000 $208,900
2019 $12,664 $1,293,600 $1,187,500 $106,100
2018 $12,561 $1,293,600 $1,187,500 $106,100
2017 $12,690 $1,293,600 $1,187,500 $106,100
2016 $12,276 $1,293,600 $1,187,500 $106,100
2015 $12,018 $1,293,600 $1,187,500 $106,100
2014 $12,069 $1,293,600 $1,187,500 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22107952

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00001-0000-00001