4 months on rocket

116 Ocean Ave, Monmouth Beach, NJ, 07750

$3,699,999

5 Bedrooms
4 Full Baths, 1 Partial
4,900 SqFt
$755/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year Built2002
HeatingForced Air
CoolingZoned
WaterfrontOcean Front
ViewBeach, Ocean
MLS #22422666
Lot Size0.28 Acres
StatusActive

About 116 Ocean Ave

UNOBSTRUCTED OCEAN VIEWS! Discover unparalleled coastal living in this stunning 5-bedroom, 5-bathroom oceanfront home, perfectly situated between the ocean and the river in the prestigious community of Monmouth Beach, New Jersey. Boasting over 4,900 square feet of exquisite living space, this residence is designed for those who appreciate both luxury and tranquility. Step inside to be greeted by soaring ceilings in both the grand foyer and the great room, where expansive windows invite natural light and breathtaking views into the heart of the home. The open-concept design seamlessly connects living spaces, making it ideal for both entertaining and day-to-day living. Enjoy multiple balconies to take in the unobstructed views of the beach. The first floor features a beautifully appointed in-law suite with separate side entrance, offering privacy and convenience for guests or extended family. Each of the five spacious bedrooms is thoughtfully designed with comfort in mind. Outdoors, the property extends to include not just the oceanfront home but also two additional beach lots, providing an exclusive opportunity to own a piece of the pristine coastline. Add your private beach staircase for an even closer look. Whether you're lounging on your private stretch of sand or hosting a beachside gathering, this home offers the ultimate seaside experience. With its unparalleled location, luxurious amenities, and additional beach lots, this Monmouth Beach estate is more than just a home, it's a lifestyle. Don't miss the opportunity to own this extraordinary oceanfront retreat, schedule your appointment today.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 2002
  • Stories: 2
  • Living Area: 4,900 SqFt

Listing Office:

  • Office Name: Nest Seekers New Jersey LLC
  • Listing Agent: Christen Sachs

Interior Features

Interior Information:

  • Appliances: Washer, Dishwasher, Dryer, Microwave, Refrigerator, Gas Range
  • Basement: No
  • Interior: Balcony, Bonus Room, Ceilings - 9Ft+ 1st Flr, Dec Molding, Housekeeper Qtrs, In-Law Suite, Security System, Recessed Lighting

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Beach, Ocean
  • Exterior: Balcony, Deck, Fence, Patio, Security System, Sprinkler Under

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Beach, Fencing
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,699,999
  • Price Per SqFt: $755/SqFt

Tax Information:

  • Annual Amount: $20,599
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monmouth Beach, NJ.

Med. Sold Price

$925K

Med. Price/SqFt

$546

Avg. Days On Market

18

# of Sold Homes

6

116 Ocean Ave vs Monmouth Beach

137 DAYS ON ROCKET

+119 Days

$3,699,999

+$2.7M More

$755/SqFt

+$208 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $208/SqFt more than other homes in Monmouth Beach, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22422666

Listing Office:

  • Office Name: Nest Seekers New Jersey LLC
  • Listing Agent: Christen Sachs

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$20,599$1,680,200
2019$20,165$1,684,500
2018$20,165$1,640,800
2017$19,252$1,518,300

History based on county public records data.

Payment Calculator

$18.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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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.

Nearby Schools

school-card-donut-860424
2
/10
  • Gregory Elementary School

  • 201 Monmouth Ave

  • 2.54 miles

  • Public District Grades KG-5

school-card-donut-860425
4
/10
  • A a Anastasia Elementary School

  • 92 7th Ave

  • 2.73 miles

  • Public District Grades KG-5

school-card-donut-860426
10
/10
  • Point Road School

  • 357 Little Silver Point Rd

  • 2.97 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,018. Residents of Monmouth Beach, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Ocean Ave

What is the listing price of this property?

The listing price of 116 Ocean Ave property is $3,699,999.

What type of property is this?

The property 116 Ocean Ave is a house located in Monmouth Beach, New Jersey, 07750.

Is this property for sale now?

Active Listing: 116 Ocean Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $20,599 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 116 Ocean Ave has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 116 Ocean Ave is 4,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Ocean Ave is 2002.
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Rocket HomesNew JerseyMonmouth CountyMonmouth Beach07750116 Ocean Ave

This home is located at 116 Ocean Ave in Monmouth Beach, NJ and zip code 07750. This 4,900 square foot home, which was built in 2002, sits on a 0.28 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $3,699,999.

Over 1 listings were sold over their listed price in November 2024 in Monmouth Beach, NJ. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024 in Monmouth Beach, NJ there were 2.9% more homes for sale than in October 2024. Listings spent 18 days on the market in November 2024, and had a median list price of $925,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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