21 E Penguin Way, Lavallette, NJ 08735

$579,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 480 Lot Size (sq. ft.): 1,742 Status: Pending
Current Price: $579,000 List Date: 7/27/2026 Last Modified: 9/14/2026

Overview

Description

So close you can hear the ocean and smell the salty breeze! Only 3 houses lie between this adorable cottage and the beach, so living is easy! House has a lovely deck for lounging and the amenities you want in a beach house: central air, washer/dryer, larger bath and shower and high ceilings. This home also has great rental potential--could bring in around $45,000 for the summer season. Home is on leased land, so if you rent it, the lease payment can be a tax write-off.

Listing Details MLS# 22622893

Contract Info

List Price/SqFt
1206.25
Property Sub-Type
Single Family Residence
Sub-Type
Attached

Location

House Number
21
Dir.
E
Street Name
Penguin
Street Suffix
Way
County
Ocean
Municipality
Toms River Twp (TOM)
Postal City
Lavallette
State
NJ
Zip Code
08735
Area/Section
Shn Ocn Bch III
Complex/Subdivision
Ocean Beach
Directions
Rt 35 N or S to east on Bonita Way, 3rd house from ocean. No sign.

General Property Info

Full Baths
Yes
Total Baths
Yes
# Level 1 - Baths
Yes
Apx SqFt
480
# Levels
Yes
Apx Year Built
1952
Garage
No
Acreage
0.04
Lot Dimensions
50 x 32
HOA
Yes
Assn Fee
780
Assn Fee Paid
Annually
Pool
No
Waterfront
No
Waterview
No

Tax and Legal

Asmnt - Total
459000
Deed Restricted
Yes
Taxes
8969
Tax Year
2025

Status Change Info

Under Contract Date
2026-08-04

More Information

Property Features

Style: Bungalow Interior: Built-in Features; Recessed Lighting Living Room: Built-Ins; Floor - Other - See Remarks Kitchen: Breakfast Cntr; Ceramic Tile Primary Bath: Shower Stall Basement: None; Slab Floors: Ceramic Tile Cooling: Central Air Heating: Forced Air; Natural Gas Water Heater: Electric Exterior: Fence Garage: None Siding: Vinyl Roof: Shingle Parking: Driveway; Off Street Included: Blinds/Shades; Ceiling Fan(s); Counter Top Range; Dishwasher; Dryer; Gas Cooking; Gas Grill; Microwave; Refrigerator; Washer Zoning: Residential; Single Family Lot Description: Oceanside; Leased Land; Ocean Block Water Type: Oceanside/Beach Blk Common Elements: Association; Beach Access; Clubhouse; Playground Management Type: Owner/Association Allowable: Rentals; One Cat; One Dog Assessment Status: Assessed
IDX
Listing Office: Ocean Beach Sales
Listing Agent: Angela Serio
Source MLS Verified
Last Updated: September - 14 - 2026
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.