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34 Lipman Place
About This Property
Welcome to the Jersey Shore beach house you've always dreamed of owning! Nestled on one of the largest lots in the neighborhood, this charming and beautifully updated 3-bedroom, 1-bath ranch offers the perfect blend of coastal charm, comfort, and convenience.
Step inside and discover an inviting open-concept floor plan designed for easy living and effortless entertaining. The updated kitchen features granite countertops, a breakfast bar, stainless steel appliances, recessed lighting, and flows seamlessly into the main living area. Enjoy the convenience of one-level living with a washer and dryer located on the main floor.
Outside, the summer lifestyle truly comes alive. Relax on the welcoming front porch and enjoy the refreshing shore breeze, host family barbecues on the deck and paver patio, or take advantage of the expansive yard offering endless possibilities for recreation, entertaining, gardening, or future expansion. The heated two-car garage, full basement, and exceptional lot size add even more value and versatility.
Perfectly situated just a short stroll from Memorial Park Beach along the beautiful Shark River, you can launch a kayak, cast a fishing line, watch spectacular sunsets, or simply unwind by the water. Hop on your bike and enjoy a scenic ride to the oceanfront beaches of Avon-by-the-Sea and Bradley Beach, where sun-soaked days, boardwalk adventures, ocean breezes, waterfront dining, live music, and everything the legendary Jersey Shore is known for await.
Whether you're searching for a year-round residence, a weekend escape, or the ultimate summer retreat where family and friends can gather to create lifelong memories, this special property delivers the Shore lifestyle you've been waiting for.
With one of the widest and largest lots in the area, buyers may wish to explore potential subdivision or expansion opportunities with Neptune City officials.
Don't miss your chance to own this rare Neptune City treasure--summer is calling!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$599,900
↓ $19K
(3.1%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$619,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by C21/ Mack Morris Iris Lurie | $639,000 | |
| Listed by C21/ Mack Morris Iris Lurie | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017