Thank you! for checking out our latest oceanfront properties!
We are offering three amazing location in Lavallette and Mantoloking.
Purchase one or two properties and build the mansion of your choice in Lavallette, New Jersey.
2106 & 2104 Oceanfront in Lavallette, New Jersey
Oceanfront lots available in Lavallette, New Jersey. CAFRA Approved 50' x 100' corner lot at the end of Elizabeth Avenue overlooking the prestigious guarded beaches of Lavallette. A desirable location at the south end of town.
2106 Oceanfront 50' x 100 ' $1,300,000 and 2104 Oceanfront asking $1,275,000.
For more details & photos click: Lavallette Oceanfronts
Location, Location, Location...North of the Mantoloking bridge and south of East Avenue.
1111 Ocean Avenue, Mantoloking New Jersey
Mantoloking Oceanfront lot with CAFRA approvals. Permit to build a 2 1/2 story oceanfront residence with a 46.88' X 63.33' footprint, which will accommodate a 5,962 sq. ft. home. This exceptional location is north of the Mantoloking bridge and close to East Avenue. This property is not located by public beach access and has protection under the steel dune revetment. Come build your dream home with views of the ocean and bay, from sunrise to sunset. In addition a large 1,200 sq. ft ocean deck with endless views of the ocean from the first floor.
$3,100,000 asking
For more details & photos click: Mantoloking Oceanfront
If you were looking to finance here's a breakdown from our local bank.
I am using the following estimates for my example:
Purchase price of the lot = $1,300,000
Value of the proposed construction = $1,000,000
Total proposed value = $2,300,000
Maximum loan = 80% = $1,840,000
Loan request = $1,840,000
First disbursement = $975,000 (75% of the land value)
Total left for construction = $865,000
The customer pays interest only during construction.
(For more details on Construction loan Call Shawn Clayton and he will put you in touch with his local bank)
Posted by Shawn Clayton on
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