MLS® ID: 21946820
3156 Ocean Road
Lavallette, New Jersey, 08735 $449,000
Monterey Beach : An opportunity for your most affordable option to Ocean Front living. This unique 3BR,1 Bath Beach Cottage is original construction. It can become your personal escape, or maintained in it's present form as a cash positive rental property. This home is located on the most Northern beach front lot, in Monterey, adding extra privacy to the property. The Ocean Rd. location is FEMA compliant with some of the highest elevations on the Barrier Island. (VE16 Zone and a FF of 18.5) Annual rentals currently exceed $40,000 annually. This Leased Land property has, in the past, provided a new 20 year lease for new ownership. It's a fun and desirable property, great location, a large sand filled yard, easy access to beach, fire pit, all fronting the beautiful new Dune System..