About This Home
This 3-bedroom, 1-bathroom single family at 265 Ocean Bay Boulevard in Lavallette, NJ is listed for $785,000 ($850 per sqft). Built in 1969, the home offers 924 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1969
- 0.09 acre lot
- Waterfront
Property Details
Amenities
Welcome to the Jersey Shore! This beautifully updated 3-bedroom, 1-bath ranch in desirable Lavallette combines coastal living, modern updates, beautiful Barnegat Bay views, and proven rental income. Tucked near the end of a quiet cul-de-sac, this home presents an exciting opportunity for those seeking a summer getaway, year-round Shore home, or income-producing property.
Inside, three spacious bedrooms offer ample closet space, complemented by a conveniently located laundry area and new luxury vinyl flooring throughout. The updated kitchen features soaring ceilings, recessed lighting, quartz countertops, subway tile backsplash, abundant cabinetry, a full appliance package, and a peninsula with breakfast seating.
The adjoining dining and living areas feature vaulted ceilings and an open, airy layout filled with natural light. From the kitchen and dining area, enjoy beautiful views toward Barnegat Bay and incredible Shore sunsets right from home. A full bathroom completes the interior.
Outside, the Shore lifestyle continues with an outdoor shower, space for al fresco dining and lounging, a separate fire pit area, and a large side patio offering additional room for entertaining. Just steps toward the end of the cul-de-sac, take in breathtaking open-bay views and spectacular sunsets over Barnegat Bay.
A small bay beach and playground are nearby, along with a 33-slip marina accommodating boats up to approximately 22 feet--an incredible amenity for boating enthusiasts. The ocean beach is also within a short distance, while Seaside Heights, the boardwalk, restaurants, shopping, and entertainment are all an easy bike ride away.
**For Shore buyers and investors alike, the land-lease structure creates a unique opportunity to enjoy ownership in this highly desirable location at a substantially lower acquisition cost than comparable properties where the underlying land is also purchased.
This can mean significant upfront savings while still providing the benefits of ownership, personal use, and income potential. With a proven rental history and strong peak-season rental potential, seasonal rental income can help offset the annual land-lease expense.** Whether you're searching for your own place at the Shore, a vacation property with income potential, or an established seasonal rental, this Lavallette home offers a compelling combination of **location, lifestyle, water views, rental history, and value.**
Monthly Cost Estimate
$4,848/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
265 Ocean Bay Boulevard
Lavallette, NJ 08735
Ocean Beach
Features & Amenities
Interior Features
Exterior Features
Property Details
Views
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 265 Ocean Bay Boulevard is listed at $785,000 ($850/sqft). The estimated monthly payment is $4,848 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $650/month.
Key features include: Built in 1969, 0.09 acre lot, Waterfront. Interior Features: Dec Molding, Recessed Lighting. Exterior Features: Outdoor Grill, Outdoor Shower, Lighting.
This property is listed by Matthew Tully and can be reached at 7329721000.
