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Sold for $1,700,000
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  • $1,700,000

    118 Ocean Avenue, Monmouth Beach, NJ 07750

    5beds
    2,149sqft
    Duplex
    Built in 1924
    -- sqft lot
    $2,336,700 Zestimate®
    $791/sqft
    $3,090 Estimated rent

    Home value

    $2,336,700

    $1.99M - $2.76M

    $3,090/mo

    Zestimate® history
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    What's special

    One of a kind in Monmouth Beach! Main house has 2 apartments; one bedroom upstairs and a 2 bedroom downstairs. The rear cottage is a 2 bedroom/2 bath separate building. This listing also includes Block 1 Lot 11; a 60 x120 beachfront property across the street which will give you unobstructed views. All references to sq. footage are approximate. Property is being sold in ''AS IS'' condition.

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara Giacchi 908-309-9565,

    Burke&Manna Real Estate Agency

    Bought with:

    Lauren Cohen, 2293648

    C21/ Mack Morris Iris Lurie

    Source: MoreMLS,MLS#: 22309502MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Other
    Features
    • Basement: Walk-Out Access,Crawl Space
    Interior area
    • Total structure area: 2,149
    • Total interior livable area: 2,149 sqft

    Property

    Parking
    • Parking features: Common, None, Assigned, Unpaved
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Locked Storage
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Oceanside/Beach Blk, Beach Access, Ocean Front, Oceanside
    Lot
    • Size: 0.29 Acres
    • Dimensions: 60 x 211
    Details
    • Parcel number: 3400011000000004
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Monmouth Beach

    Financial & listing details

    • Price per square foot: $791/sqft
    • Tax assessed value: $1,790,700
    • Annual tax amount: $14,853
    • Date on market: 5/4/2023
    • Tenant pays: Water, Gas, Electricity

    Price history

    DateEventPrice
    9/6/2023Sold$1,700,000-8.1%$791/sqft
    Source: MoreMLS #22309502 Report a problem
    6/14/2023Pending sale$1,850,000$861/sqft
    Source: MoreMLS #22309502 Report a problem
    5/4/2023Listed for sale$1,850,000$861/sqft
    Source: MoreMLS #22309502 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,459 +33.5%$1,790,700 +33.5%
    2024$13,081 -3.8%$1,341,600 +1.6%
    2023$13,598 -8.4%$1,320,200 +4.5%
    2022$14,853 +3.3%$1,263,000 +11.6%
    2021$14,379 +7.6%$1,132,200 +2%
    2020$13,364 +1.6%$1,109,700 -0.2%
    2019$13,149 $1,111,800 +3.9%
    2018$13,149 -2.2%$1,069,900 +10.5%
    2017$13,442 -2.3%$968,200 -4.7%
    2016$13,760 +3.5%$1,016,000 -7.2%
    2015$13,290 +1.3%$1,094,700 +7.1%
    2014$13,116 -0.3%$1,022,300
    2012$13,157 +3.8%$1,022,300
    2011$12,677 +3.4%$1,022,300
    2010$12,257 +2.9%$1,022,300
    2009$11,910 $1,022,300
    2008-- $1,022,300
    2007-- $1,022,300
    2006-- $1,022,300
    2005-- $1,022,300 +409.4%
    2003-- $200,700
    2002-- $200,700
    2001-- $200,700
    Find assessor info on the county website

    Neighborhood: 07750

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Monmouth Beach
    • Middle: Monmouth Beach

    Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,336,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,336,700