See Home Value
$1,599,000
● House - Off Market

331 Ormond Drive

Lavallette, NJ 08735
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,195 Ft²
$8,570
Est. Monthly
2.23%
Cap Rate

About This Property

Welcome to your dream coastal retreat in Lavallette! Experience the charm of a waterfront Shore Colonial on Chadwick Beach Island. Breathtaking views of Barnegat Bay make every moment feel like a getaway! Direct Access & (4) homes to the Open Bay & a newer vinyl bulkhead make this a boater's paradise. Chadwick Beach & Yacht Club members enjoy pristine beaches, activities, basketball, tennis, movies, yoga & music on the beach & more (It's optional to join & one of the shore's best kept secrets ) Spacious layout, generous sized rooms, full of natural light with endless potential. 2018 Roof, Low Taxes MORE.... Both the dining room and kitchen opens to a large Trex back deck that runs the full length of the home making it perfect for entertaining! Upstairs features an oversized master bedroom that includes an en-suite full bath, with dressing area and walk-in closet. Wake up to open bay views every morning! Full sized garage & ample parking. Great news for buyers! The sellers have confirmed that this home's living space was unaffected by Sandyjust some water in the garage. Buy with confidence knowing there's no need for raising the house or installing an elevator. Enjoy the convenience of easy access with a simple entry, suitable for all ages. A hassle-free home, ready for you to move in & enjoy this summer!. Great opportunity to make this home your own! Whether you're looking for a year-round residence or the perfect shore house escape, this home offers the ideal blend of serenity with the convenience of nearby popular shore attractions! Come experience all that the Jersey Shore has to offer!
Unit Size
2,195 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$683
Property Type
House
Property Taxes
$1,210
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

Last updated: 2 years ago (MOMLS #22504738)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Sold
Mar 6, 2025 In contract -
In contract
Feb 20, 2025 Listed by Keller Williams Shore Properties $1,499,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,206
  • Building Area: 2,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,206
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722500

Zoning

  • Zoning: R40A

Geography

  • Assessors Map Reference: TAX MAP 9902
  • District: 08
  • Parcel: 08 01946- 04-00031
  • Block: 1946.04
  • Lot: 31
  • Municipality: DOVER TWP
  • Latitude: 39.9946
  • Longitude: -74.0729

    Address

  • Full Address: 331 Ormond Dr
  • Address - House Number: 331
  • Address - Street Name: Ormond
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lavallette
  • Carrier Code: C004
  • 4-Digit Zip Code: 2918
  • Zip Code: 08735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,330,360

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,207,770
  • High Value: 1,441,468
  • Low Value: 974,071

    Market Valuation

  • Market Total Value: $797,100
  • Market Land Value: $490,000
  • Market Improvement Value: $307,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $797,100
  • Assessed Land Value: $490,000
  • Assessed Improvements Value: $307,100

    Sales

  • Current Sale Contract Date: Jun 08, 1988
  • Current Sale Recording Date: Jun 08, 1988
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dover Beaches North


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Nearby Rentals

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21 Brown Avenue #1, NJ, 08735 Listing by Evan Vieira
Unit for rent at 2302 Grand Central Avenue, Lavallette, NJ, 08735

$4,200 /mo

  • 3 Beds
  • 1 Bath
2302 Grand Central Avenue #B, Lavallette, NJ, 08735 Listing by Jillian M Venneman
Unit for rent at 1607 Baltimore Avenue, Lavallette, NJ, 08735

$4,200 /mo

  • 4 Beds
  • 3 Baths
1607 Baltimore Avenue, Lavallette, NJ, 08735 Listing by Edwin Oels


Frequently Asked Questions

When was property at 331 Ormond Drive built and last sold?
The property at 331 Ormond Drive was built in 1970 and last sold on Jun 8, 1988 for $0.
How much is this home worth?
The estimated value of the home located at 331 Ormond Drive is $1,540,303.
What are some comparable homes to 331 Ormond Drive?
There are currently no comparable homes to 331 Ormond Drive.