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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
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
$12K
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.
Elementary School
7
/10
Monmouth Beach Elementary School
7 Hastings Pl
Distance between this listing and this school0.92 miles
Public District Grades PK-8
High School
5
/10
Shore Regional High School
Monmouth Park Hwy
Distance between this listing and this school4.07 miles
Public District Grades 9-12
Assigned Schools
7
/10
Monmouth Beach Elementary School
7 Hastings Pl
Distance between this listing and this school0.92 miles
Public District Grades PK-8
Nearby Schools
1
/10
Gregory Elementary School
201 Monmouth Ave
Distance between this listing and this school2.46 miles
Public District Grades PK-5
7
/10
Deane-Porter School
50 Black Point Rd
Distance between this listing and this school2.55 miles
Public District Grades PK-3
Nearby Schools
8
/10
Maple Place Middle School
Maple Place
Distance between this listing and this school2.37 miles
Public District Grades 5-8
9
/10
Forrestdale School
60 Forrest Ave
Distance between this listing and this school2.63 miles
Public District Grades 4-8
2
/10
Long Branch Middle School
350 Indiana Ave
Distance between this listing and this school3.43 miles
Public District Grades 6-8
Assigned Schools
5
/10
Shore Regional High School
Monmouth Park Hwy
Distance between this listing and this school4.07 miles
Public District Grades 9-12
Nearby Schools
9
/10
Rumson-Fair Haven Regional High School
74 Ridge Rd
Distance between this listing and this school2.45 miles
Public District Grades 9-12
5
/10
Red Bank Regional High School
101 Ridge Rd
Distance between this listing and this school3.50 miles
The neighbors living near this home have an average income of $104,018. Most Monmouth County, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically 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 $3,999,999.
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 are the assigned schools for this property?
The assigned schools for 116 Ocean Ave are: Monmouth Beach Elementary School: GreatSchools Rating 7/10Shore Regional High School: GreatSchools Rating 5/10
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.
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 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 $3,999,999.
While more than 391 listings in Monmouth County, NJ in August 2024 were sold above asking price, there were more than 78 listings sold at asking price, and more than 237 were sold below. The number of listings in Monmouth County, NJ decreased by 5.5% between July 2024 and August 2024. Listings spent 30 days on the market in August 2024, and had a median list price of $649,003 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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.
PGA/LPGA
PGA/LPGA
Hiking/backpacking
Skiing/snowboarding
Chico's
Nordstrom Rack
Nordstrom
Bonefish Grill
Chipotle
California Pizza Kitchen
Cadillac
Mazda
BMW
Classical
Rock
Talk/Personality