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Off market
  • $4,197,500

    40 Ocean Ave, Monmouth Beach, NJ 07750

    6beds
    5,427sqft
    SingleFamily
    Built in 1925
    0.87 Acres Lot
    $4,197,500 Zestimate®
    $773/sqft
    $7,822 Estimated rent

    Home value

    $4,197,500

    $3.65M - $4.87M

    $7,822/mo

    Zestimate® history
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    $28,225/mo

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    What's special

    Gorgeous Ocean Views in coveted Monmouth Beach! This elegant 6 Bedroom, 5.5 Bath Mediterranean Style home features stunning custom decorative and architectural details throughout and boasts hardwood and marble floors, high beamed ceilings, gorgeous woodwork, Great Room with wood burning fireplace and a bright and open Eat-In Kitchen with quartz countertops, stainless steel appliances, large separate pantry, and sliding doors that lead to the beautiful bluestone deck. Spacious First Floor Master Suite offers access to the front terrace, has both a walk-in closet and his and her closets. Large Master Bath has been completely renovated and includes custom cabinetry, 3 sinks and separate vanities, quartz countertops, glass enclosed shower, and a spa-like soaking tub. Second floor of Main House includes 4 additional Bedrooms. The separate apartment with private entrance is perfect for use as a guest suite and features its own Kitchen, Living Area, Bedroom, and Full Bathroom. Enjoy the ocean breeze from the home's many decks and terraces, including rooftop deck above the 3 car detached garage! Fenced backyard features beautiful landscaping, in-ground concrete pool that was completely redone 2 years ago, and a private courtyard with a pond. Across the street to beautiful beaches and close to great restaurants, shopping, and top rated schools. Convenient commute to NYC by way of car, bus, train, or high-speed ferry. Don't miss the opportunity to own this dream home, call today!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Radiant, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator, Washer
    Features
    • Wet Bar, Recessed Lighting, Master Bedroom, Beamed Ceilings, Dining Room, Living Room, Kitchen, Foyer, Family Room, Dec Molding, Bedroom, Ceilings - 9Ft+ 1st Flr
    • Flooring: Hardwood
    • Doors: French Doors, Sliding Doors
    • Windows: Window Treatments
    • Basement: Unfinished
    • Attic: Pull Down Stairs
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,427 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Patio & porch: Deck, Porch - Open, Terrace
    • Exterior features: Stucco
    • Pool features: In Ground, Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Yes, Oceanview
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 340004700000000801
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas

    Community & HOA

    Location
    • Region: Monmouth Beach

    Financial & listing details

    • Price per square foot: $773/sqft
    • Tax assessed value: $3,100,200
    • Annual tax amount: $30,227
    • Exclusions: See agent notes.

    Price history

    DateEventPrice
    6/21/2021Sold$2,063,000-14%$380/sqft
    Source: Public Record Report a problem
    2/13/2021Listing removed--
    Source: MoreMLS #22028003 Report a problem
    10/8/2020Price change$2,400,000-4%$442/sqft
    Source: O'Brien Realty, LLC #22028003 Report a problem
    8/29/2020Price change$2,500,000-10.7%$461/sqft
    Source: O'Brien Realty, LLC #22028003 Report a problem
    8/12/2020Listed for sale$2,800,000+1119.5%$516/sqft
    Source: O'Brien Realty, LLC #22028003 Report a problem
    10/17/2018Sold$229,600-79.6%$42/sqft
    Source: Public Record Report a problem
    12/7/2000Sold$1,125,000+40.6%$207/sqft
    Source: Public Record Report a problem
    4/20/2000Sold$800,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,227 +15.5%$3,100,200 +15.5%
    2024$26,180 +5%$2,685,100 +10.9%
    2023$24,927 +1.6%$2,420,100 +16%
    2022$24,540 -9.3%$2,086,700 -2.1%
    2021$27,056 +15.4%$2,130,400 +9.7%
    2020$23,446 +184.9%$1,942,800 -0.4%
    2019$8,229 $1,950,600 +3.2%
    2018$8,229 -65.5%$1,890,100 +6.3%
    2017$23,863 -4.1%$1,778,600 -1.4%
    2016$24,894 -0.9%$1,803,700 -8.9%
    2015$25,116 +1.3%$1,980,400 +2.5%
    2014$24,788 -0.3%$1,932,000
    2013$24,865 $1,932,000
    2012$24,865 +3.8%$1,932,000
    2011$23,957 +3.4%$1,932,000
    2010$23,165 +2.9%$1,932,000
    2009$22,508 $1,932,000
    2008-- $1,932,000
    2007-- $1,932,000
    2006-- $1,932,000
    2005-- $1,932,000 +333.7%
    2003-- $445,500
    2002-- $445,500 +3.7%
    2001-- $429,800
    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
    • High: Shore Reg

    Source: The MLS. 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
    $4,197,500
    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
    $4,197,500