31 East Cormorant Way Lavallette, NJ 08735

$599,000
2
Beds
1
Baths
0.04
Acres
560
SQFT
1070
$/SQFT
$599,000
2
Beds
1
Baths
560   sf
$1070 / sf
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pending
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Street View

This ocean-block cottage has everything you need to enjoy a great summer! Completely furnished and only 7 houses to a private beach, with all the amenities: central air for hot summer days, washer and dryer and ceramic tile floors for easy sand cleanup. Built to the maximum size allowed in the community with high ceilings that give a comfortable airiness to the living areas. Bonus: the home comes with several summer rentals in place so income will go to the buyer if closed prior to summer (potential income of +$30k for full season) . This is a leased-land sale, and the rentals make the lease a tax write-off! Home is in the X zone so flood insurance is optional if financing the purchase.

This ocean-block cottage has everything you need to enjoy a great summer! Completely furnished and only 7 houses to a private beach, with all the amenities: central air for hot summer days, washer and dryer and ceramic tile floors for easy sand cleanup. Built to the maximum size allowed in the community with high ceilings that give a comfortable airiness to the living areas. Bonus: the home comes with several summer rentals in place so income will go to the buyer if closed prior to summer (potential income of +$30k for full season) . This is a leased-land sale, and the rentals make the lease a tax write-off! Home is in the X zone so flood insurance is optional if financing the purchase.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Ocean
  • Area
    Toms River Twp
  • HOA Dues
    $772/mo
  • Tax Amount
    $7,752
  • Status
    Pending
  • Listing #
    22511890
  • Built
    2005
  • Lot Size
    0.04
  • Listed on site
    84 days
  • Listing Agent Phone
    (908) 770-7741

Listed by:
Ocean Beach Sales

Listing provided by Monmouth Ocean Regional MLS.
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Property details

Community Features

  • Has HOA
  • No Adult Community

Property Features

  • Sewer

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • One Story

Property History

DateDays AgoEventNew Price
Jul 10, 20258 days agoPrice decreased20,000 (3%)$599,000
May 6, 20252 mos agoPrice decreased30,000 (5%)$619,000
Apr 25, 20253 mos agoNew on market$649,000
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