Stunning Oceanfront 2-Family Home with Breathtaking Views. Nestled along the serene coastline, this gorgeous oceanfront 2-family house offers unparalleled panoramic views of the ocean from multiple decks on different levels. This exceptional oceanfront property is a rare find, offering both a private retreat and an investment opportunity with income potential. First Level is a spacious 3-bedroom, 2-full-bath unit that boasts an updated kitchen and bathrooms, making it move-in ready. Second unit is an expansive 5-bedroom, 2-full-bath occupying the top two floors and features an open floor plan with a stylish kitchen complete with granite countertops and sleek black SS appliances. The spacious master bedroom, located on the third level, provides a private retreat with stunning ocean views!
Property Details
Property Features
Property Information:
Year Built: 1917
Living Area: 2,827 SqFt
Listing Office:
Office Name: RE/MAX Country
Listing Agent: Frank Calandruccio
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Exterior Information:
Waterfront: Ocean Front
View: Ocean
Exterior: Ocean View
Parking Information:
Attached Garage: No
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $3,499,000
Price Per SqFt: $1,238/SqFt
Tax Information:
Annual Amount: $18,566
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Belmar, NJ.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
West Belmar Elementary School
925 17th Ave
Distance between this listing and this school1.09 miles
Public District Grades KG-5
3
/10
Midtown Community Elementary School
1155 Corlies Ave
Distance between this listing and this school2.48 miles
Public District Grades KG-5
3
/10
Shark River Hills Elementary School
312 Brighton Ave
Distance between this listing and this school2.60 miles
Public District Grades PK-5
Nearby Schools
7
/10
Belmar Elementary School
1101 Main St
Distance between this listing and this school0.68 miles
Public District Grades PK-8
7
/10
Avon Elementary School
505 Lincoln Ave
Distance between this listing and this school1.08 miles
Public District Grades KG-8
8
/10
H. W. Mountz Elementary School
411 Tuttle Ave
Distance between this listing and this school1.49 miles
Public District Grades PK-8
Nearby Schools
1
/10
Academy Charter High School
1725 Main St
Distance between this listing and this school0.77 miles
Public Charter Grades 9-12
4
/10
Wall High School
1630 18th Ave
Distance between this listing and this school2.47 miles
Public District Grades 9-12
10
/10
Communications High School
1740 New Bedford Rd
Distance between this listing and this school2.54 miles
The neighbors living near this home have an average income of $65,972. The most common annual income of people living in Belmar, NJ is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1102 Ocean Ave in Belmar, NJ and zip code 07719. This 2,827 square foot home, which was built in 1917, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $3,499,000.
In October 2024 more than 2 listings in Belmar, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. Between September 2024 and October 2024, Belmar, NJ real estate market has seen decrease in the number of listings by 15.5%. Listings spent 26 days on the market in October 2024, and had a median list price of $805,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.