54-54 1/2 Ocean Avenue, Manasquan, NJ 08736

$2,250,000

Bulkhead riparian grant !! Can build 2 homes with 5 foot setbacks .

Main Home overlooking Lake. Lots of room for parking

Back of main home with rental potential of 5-6500 weekly

2 nd home recently renovated. Summer rental $4000 week

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,518 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $2,250,000 List Date: 2/25/2023 Last Modified: 2/14/2025

Overview

Description

A rare opportunity to own 2 houses on riparian-granted waterfront property in Manasquan NJ. The primary home boasts 50+ feet of waterfront with spectacular views, 3 bedrooms, 2 baths, central air, a wood-burning fireplace, bonus rooms, a deck that overlooks Stockton Beach Park, just across Watson's Creek, and a new bulkhead suitable for docking a boat. The second dwelling is a newly-renovated, unique and relaxing cottage that earns $4k weekly in summer with 3 bedrooms, 2 bathrooms, a wood-burning fireplace and a sun porch. At 300+ feet long, the lot offers ample of off-street parking, a large front lawn with several 80+ year old holly trees. Perfectly situated on desirable Ocean Ave., the lot not only provides private access to Stockton Lake, (continued at agents notes)

Listing Details MLS# 22305102

Contract Info

List Price/SqFt: 913.42
Property Sub-Type: Single Family Residence
Sub-Type: Detached
New Construction: No

Location

House Number: 54-54 1/2
Street Name: Ocean
Street Suffix: Avenue
County: Monmouth
Municipality: Manasquan (MAQ)
Postal City: Manasquan
State: NJ
Zip Code: 08736
Area/Section: None
Complex/Subdivision: None
Elementary School: Manasquan
Middle School: Manasquan
Directions: Ocean Ave

General Property Info

Full Baths: 2
Total Baths: 2
# Level 1 - Baths: Yes
# Level 2 - Baths: Yes
Handicap Access: No
Fireplace: Yes
# Fireplaces: Yes
Apx SqFt: 2518
# Levels: Yes
# Units/Bldgs: 2
Apx Year Built: 1927
Garage: Yes
# Car Garage: Yes
Acreage: 0.35
Lot Dimensions: 50x311
HOA: No
Pool: No
Waterfront: Yes
Waterview: Yes
Farm: No
# Level 3 - Baths: 0
# Basement - Baths: 0
Rooms: 8
Basement: No

Tax and Legal

Asmnt - Total: 656200
Farm Assessed: No
Deed Restricted: No
App Escrow Required: No
Special Assessment: No
Taxes: 10978
Tax Year: 2022

Status Change Info

Under Contract Date: 2023-02-27
Sold Date: 2023-04-21

Remarks & Misc

Excluded: Fig Tree

More Information

Ownership Type

Fee Simple: Yes

Style

Shore Colonial: Yes

Interior

Attic: Yes
Attic - Pull Down Stairs: Yes
Balcony: Yes
Bonus Room: Yes

Zoning

Multi-Family: Yes
Residential: Yes

Lot Description

Bulkhead: Yes
Lake on Lot: Yes
Level: Yes

Included

Dishwasher: Yes
Light Fixtures: Yes
Microwave: Yes
Refrigerator: Yes
Stove: Yes

Water Type

Bulkhead: Yes
Canal/Inlet: Yes
Lake Front: Yes
Riparian Grants: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Floors

Tile: Yes
Wood: Yes
Engineered Hardwood: Yes

Basement

None: Yes

Great/Family Room

Fireplace - Other: Yes

Primary Bedroom

Floor - Wood: Yes

Cooling

Central Air: Yes

Water Heater

Natural Gas: Yes

Out Buildings

Shed(s): Yes

Heating

Natural Gas: Yes

Exterior

Patio: Yes

Owner

Trust: Yes

Parking

Driveway: Yes
Gravel: Yes

Assessment Status

Assessed: Yes

Roof

Shingle: Yes

Management Type

No Management: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Family Room: Yes
Kitchen: Yes
Other: Yes
Primary Bathroom: Yes
Sunroom: Yes

Property Features

Ownership Type: Fee Simple Style: Shore Colonial Interior: Attic; Attic - Pull Down Stairs; Balcony; Bonus Room Primary Bedroom: Floor - Wood Basement: None Floors: Tile; Wood; Engineered Hardwood Cooling: Central Air Heating: Natural Gas Water Heater: Natural Gas Exterior: Patio Roof: Shingle Parking: Driveway; Gravel Out Buildings: Shed(s) Included: Dishwasher; Light Fixtures; Microwave; Refrigerator; Stove Zoning: Multi-Family; Residential Lot Description: Bulkhead; Lake on Lot; Level Water Type: Bulkhead; Canal/Inlet; Lake Front; Riparian Grants Management Type: No Management Assessment Status: Assessed Owner: Trust Rooms: Bedroom; Bonus Room; Family Room; Kitchen; Other; Primary Bathroom; Sunroom

Room Information

Room Name	Length	Width	Dimensions
Family Room	15.00	15.00	15 x 15
Bonus Room	13.00	12.00	13 x 12
Kitchen	17.00	14.00	17 x 14
Primary Bathroom	11.00	10.00	11 x 10
Sunroom	16.00	12.00	16 x 12
Bedroom	12.00	9.00	12 x 9
Other

Listing Office: ERA Central Realty Group

Listing Agent: Glen Marrone

Last Updated: February - 14 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively 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.