Highest and Best due July 11th. Welcome to 228 Cypress Drive, a waterfront property in the desirable Glen Cove section of Bayville offering endless potential for the right buyer. This 3-bedroom, 2-bathroom home sits on a generous lagoon-front lot with direct access to Barnegat Bay perfect for boaters and water enthusiasts. The property is in significant disrepair and in need of a full rehab. Major systems, including HVAC, plumbing, electrical, and interior finishes, all require complete replacement or restoration. Sold strictly as-is, this is a rare opportunity to transform a well-located waterfront shell into a stunning custom residence or a high-value investment property. Surrounded by renovated homes selling for $700K-$900K, this is your chance to bring your vision to life
Sold for $475,000
$475,000
228 Cypress Drive, Bayville, NJ 08721
3beds
--sqft
Single Family Residence
Built in ----
0.25 Acres Lot
$808,700 Zestimate®
$--/sqft
$3,044 Estimated rent
Home value
$808,700
$695,000 - $930,000
$3,044/mo
Zestimate® history
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List your homeWhat's special
Waterfront propertyGenerous lagoon-front lot
Zillow last checked:
Listing updated:
Listed by:
Michael Larson 732-575-6510,
NJ Elite Group LLC
Bought with:
Rafael Ortiz, 2080286
Compass New Jersey, LLC
Source: MoreMLS,MLS#: 22519006
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Stories: 2
- Exterior features: Dock
- On waterfront: Yes
Lot
- Size: 0.25 Acres
Details
- Parcel number: 0601566000000015
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Glen Cove
HOA
- Has HOA: No
Location
- Region: Bayville
Financial & listing details
- Tax assessed value: $481,700
- Date on market: 6/27/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | $475,000+58.3% |
Source:  MoreMLS #22519006 Report a problem | ||
| 7/21/2025 | Pending sale | $300,000 |
Source: MoreMLS #22519006 Report a problem | ||
| 6/27/2025 | Listed for sale | $300,000 |
Source: MoreMLS #22519006 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | -- | $481,700 |
| 2022 | -- | $481,700 |
| 2021 | -- | $481,700 |
| 2020 | -- | $481,700 |
| 2019 | -- | $481,700 |
| 2018 | -- | $481,700 |
| 2017 | -- | $481,700 |
| 2016 | -- | $481,700 |
| 2015 | -- | $481,700 +220.1% |
| 2007 | -- | $150,500 |
| 2006 | $3,554 | $150,500 |
| 2004 | -- | $150,500 |
| 2003 | -- | $150,500 |
| 2002 | -- | $150,500 |
| 2001 | -- | $150,500 |
Find assessor info on the county website
Neighborhood: Glen Cove
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Nearby schools
GreatSchools rating
- 5/10Berkeley Township Elementary SchoolGrades: 5-6Distance: 1.6 mi
- 4/10Central Regional Middle SchoolGrades: 7-8Distance: 3.6 mi
- 3/10Central Regional High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Middle: Central Reg Middle
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
$808,700
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
$808,700
- New Jersey
- Ocean County
- Bayville
- 08721
- Glen Cove
- 228 Cypress Drive
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