Sold for $439,000

$439,000

37 E Penguin Way, Lavallette, NJ 08735

2beds

500sqft

Single Family Residence

Built in 1952

-- sqft lot

$448,600 Zestimate^®

$878/sqft

$2,302 Estimated rent

Home value

$448,600

$399,000 - $502,000

$2,302/mo

Zestimate^® history

Owner options

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$2,302/mo

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$2,302/mo

Rent Zestimate^®

Refinance and save

$3,660/mo

Est. payment

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$3,660/mo

Est. payment

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What's special

Discover the cutest beach bungalow in Ocean Beach III, Lavallette! This 2 BD, 1 BA home features an open floor plan with counter seating and a dining area for casual beachside living. Situated on a beach block, it's just steps from the ocean, with ample parking and a patio ideal for BBQs and relaxation. Fully furnished and perfect for unforgettable beach getaways or rental income, the lively community offers local shops, restaurants, and recreational activities. Bonus: leased land expenses are a seasonal rental write-off for investors!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Natural Gas, Space Heater

Cooling

Multi Units

Interior area

Total structure area: 500
Total interior livable area: 500 sqft

Property

Features

Stories: 1
Exterior features: Outdoor Shower

Details

Parcel number: 08011101400003

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Slab

Condition

Year built: 1952

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Ocean Beach

HOA

Has HOA: Yes
HOA fee: $739 annually

Location

Region: Lavallette

Financial & listing details

Price per square foot: $878/sqft
Tax assessed value: $402,600
Annual tax amount: $6,719
Date on market: 3/23/2025

Price history

Date	Event	Price
5/7/2025	Sold	$439,000$878/sqft
Source: MoreMLS #22503302 Report a problem
4/1/2025	Pending sale	$439,000$878/sqft
Source: MoreMLS #22503302 Report a problem
3/23/2025	Listed for sale	$439,000$878/sqft
Source: MoreMLS #22503302 Report a problem
3/5/2025	Pending sale	$439,000$878/sqft
Source: MoreMLS #22503302 Report a problem
2/7/2025	Listed for sale	$439,000+128.6%$878/sqft
Source: MoreMLS #22503302 Report a problem
8/16/2016	Sold	$192,000-1.8%$384/sqft
Source: MoreMLS #21600645 Report a problem
6/10/2016	Pending sale	$195,500$391/sqft
Source: Monterey Beach Realty #21600645 Report a problem
1/6/2016	Listed for sale	$195,500$391/sqft
Source: Monterey Beach Realty #21600645 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$6,719 -0.5%	$402,600
2022	$6,751	$402,600
2021	$6,751 +5%	$402,600 +49.4%
2020	$6,430 +1.4%	$269,500
2019	$6,344 +0.9%	$269,500
2018	$6,290 +2.7%	$269,500
2017	$6,126 +3.9%	$269,500
2016	$5,894 +5%	$269,500
2015	$5,611 +110.9%	$269,500
2014	$2,661 -51.3%	$269,500 +104.8%
2013	$5,466	$131,600