See Home Value
Monmouth 07712
5 Lancaster Drive
$822,000
● House - Off Market

5 Lancaster Drive

Ocean Twp, NJ 07712
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,292 Ft²
$4,714
Est. Monthly
5.56%
Cap Rate

About This Property

Welcome to 5 Lancaster Drive located in the uber desirable Wayside section of Ocean Twp. This home is nothing short of impeccable and stunning. Offering approximately 2300 square feet of warm, casual and custom living space, plus oversized 2 car garage, partially finished basement, 4 bedrooms and 2.5 bathrooms. We promise you will love this home. Some of the many features you'll enjoy include gorgeous hardwood floors, custom built-ins, crown molding throughout, recessed lighting, custom kitchen with double wall oven, stainless steel appliances, custom cabinetry, tile backsplash, granite counters, newer bathrooms, newer roof, whole house generator, underground sprinklers, maintenance free rear deck with motorized awning all on a 110 X 141, .36 of an acre lot. 5 Lancaster is located close to absolutely everything the Jersey Shore has to offer. This area of the Jersey Shore offers a lifestyle incomparable to any other. Minutes to the top NJ Jersey beaches, such as Asbury Park, Bradley Beach, Belmar, Avon, Ocean Grove, Allenhurst, Long Branch, Monmouth Beach or Sea Bright. Minutes onto commuter highways such as RT18, Garden State Parkway, I-195, RT's 33,34,35,36. Many top Zagat rated restaurants not to mention the best Jersey pizza, bagels and pork roll. Uber vibrant music scene, nightlife, art and culture, be it Asbury Park or Red Bank at venues such as Count Basie Theater, The Vogel, Stone Pony, Wonder Bar, The Asbury and so many more. Discount or high-end shopping. Some of the best private and public golf courses in NJ are close by. Top rated blue-ribbon school systems both public & private. It's all here. The vibrant, unique lifestyle this area of the Jersey Shore has to offer is second to none! If you aren't familiar, make your appointment today and come take a look. You'll be blown away. WE PROMISE!
Unit Size
2,292 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$336
Property Type
House
Property Taxes
$933
HOA Dues
-
Year Built
1975

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Last updated: 2 years ago (MOMLS #22435065)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Sold
Dec 28, 2024 In contract -
In contract
Dec 13, 2024 Listed by Coldwell Banker Realty $770,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,092
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,510
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,292
  • Building Area: 2,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,292
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806503

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 68
  • District: 37
  • Parcel: 37 00160-0000-00017
  • Block: 160
  • Lot: 17
  • Municipality: OCEAN TWP
  • Latitude: 40.2454
  • Longitude: -74.0564

    Address

  • Full Address: 5 Lancaster Dr
  • Address - House Number: 5
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Ocean
  • Carrier Code: C027
  • 4-Digit Zip Code: 3320
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,119,075

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 844,868
  • High Value: 994,865
  • Low Value: 694,871

    Market Valuation

  • Market Total Value: $731,900
  • Market Land Value: $389,200
  • Market Improvement Value: $342,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $731,900
  • Assessed Land Value: $389,200
  • Assessed Improvements Value: $342,700

    Sales

  • Current Sale Contract Date: Jun 29, 1994
  • Current Sale Recording Date: Jul 07, 1994
  • Current Sale Price:
  • 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 Monmouth


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Frequently Asked Questions

When was property at 5 Lancaster Drive built and last sold?
The property at 5 Lancaster Drive was built in 1975 and last sold on Jun 29, 1994 for $242,000.
How much is this home worth?
The estimated value of the home located at 5 Lancaster Drive is $0.
What are some comparable homes to 5 Lancaster Drive?
There are currently no comparable homes to 5 Lancaster Drive.