Lavallette NJ Multi Family for Sale

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Open House:

Sunday, 9/29 12:00-2:00PM

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1965
Baths:
2.00
MLS#:
22426976

ADDITIONAL INFORMATION

Don't miss this classic 2 family beach house located in desirable North Lavallette- just around the corner from the bay. Live and rent one unit or make the home your own paradise on this lovely quiet street just 2 blocks from the beach. Both lower and top level have the same layout with 3 bedrooms + 1 bath. All freshly painted, a new roof installed Aug. 2024 and off street parking for at least 6 cars. Relax watching summer sunsets and July 4th fireworks from the upper deck. Walk to the bay where Lavallette recreation offers pickleball, tennis, playgrounds, fishing/crabbing, basketball + more. Just a short walk to town and the yacht club. Lavallette Boro's low property taxes are an added bonus. Start building your memories today in one of the most desirable towns at the Jersey Shore.

Type:
Multi-Family
Sq.Ft.:
1,602
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
1955
Baths:
3.00
MLS#:
22426771

ADDITIONAL INFORMATION

Discover the perfect Shore home investment with this 50x100 lot nestled in the heart of Lavallette (Voted the countries top vacation destination in 2022). This property offers a unique opportunity to own a multi-family retreat with the potential for a steady stream of rental income. The front house features two units: a cozy 2-BR apartment upstairs and a comfy 2-BR unit downstairs both with washer/dryer hookups & heat. The rear unit, currently utilized as a successful summer rental, boasts 2 BR/1 BA along with a washer/dryer. Together, the three units are capable of generating an impressive gross rental income of between $35k-$40k/yr, making this a sound acquisition. Enjoy leisurely beach days just 2 blocks from the ocean w/amazing sunrises and stunning sunsets on the bay.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Monmouth County MLS




Lavallette Real Estate

The median home value in Lavallette, NJ is $588,100. This is higher than the county median home value of $286,500. The national median home value is $219,700. The average price of homes sold in Lavallette, NJ is $588,100. Approximately 28.81% of Lavallette homes are owned, compared to 4.1% rented, while 67.09% are vacant. Lavallette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lavallette real estate agent to arrange a tour today!

Lavallette, New Jersey 08735 has a population of 2,042. Lavallette 08735 is less family-centric than the surrounding county with 9.93% of the households containing married families with children. The county average for households married with children is 30.6%.

The median household income in Lavallette, New Jersey 08735 is $68,098. The median household income for the surrounding county is $65,771 compared to the national median of $57,652. The median age of people living in Lavallette 08735 is 64.6 years.

Lavallette Weather

The average high temperature in July is 85 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 46.4 inches per year, with 14.4 inches of snow per year.

Lavallette Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    39
    30-day change

Lavallette Schools and Demographics

Education near Lavallette, NJ

Metric City County
High School Graduates 94.19 91.17
College Degree - 2 year 6.15 7.64
College Degree - 4 year 45.56 28.39
Graduate Degree 15.38 7.52
Expenditures per Student 26,179 17,545
Students per Teacher 8.1 12.3

Elementary Schools near Lavallette, NJ

School Grades Students P/T Ratio ZIP
Cedar Grove Elementary School KG - 05 874 16.5 08753
East Dover Elementary School KG - 05 685 13 08753
Hooper Avenue Elementary School KG - 05 726 15.4 08753
Lavallette Elementary School KG - 08 138 8 08735
North Dover Elementary School KG - 05 594 14.1 08753
Silver Bay Elementary School KG - 05 610 12 08753
Walnut Street Elementary School KG - 05 758 13.4 08753

Middle Schools near Lavallette, NJ

School Grades Students P/T Ratio ZIP
Toms River Intermediate School East 06 - 08 1,350 13.5 08753
Toms River Intermediate School North 06 - 08 1,276 14 08753

High Schools near Lavallette, NJ

School Grades Students P/T Ratio ZIP
Toms River High School East 09 - 12 1,490 12.4 08753
Toms River High School North 09 - 12 2,364 15.1 08753
Toms River High School South 09 - 12 1,391 12.8 08753

Ungraded Schools near Lavallette, NJ

School Grades Students P/T Ratio ZIP
* Ocean County Vocational Technical School Toms River Center 09 - 12 14 0.5 08753
Ocean Regional School 02 - 12 7 08753

Demographics near Lavallette, NJ 08735

Metric Zip Code City
Neighborhood Type Suburban
Population 2,042 589,699
Population Density 2,503 939
Median Age 64.6 42.9
People per Household 2 2.6
Median Household Income 68,098 65,771
Average Income per Capita 45,989 33,312