21 E Penguin Way, Lavallette, NJ 08735

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

Overview

Description

So close you can hear the ocean and smell the salty breeze! Only 3 houses lie between this adorable cottage 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
Rooms
4
Basement
No
# Car Garage
0

Tax and Legal

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

Remarks & Misc

Excluded
All Personal Items

Allowable

Rentals
Yes
One Cat
Yes
One Dog
Yes

More Information

Style

Bungalow
Yes

Interior

Built-in Features
Yes
Recessed Lighting
Yes

Zoning

Residential
Yes
Single Family
Yes

Lot Description

Oceanside
Yes
Leased Land
Yes
Ocean Block
Yes

Included

Blinds/Shades
Yes
Ceiling Fan(s)
Yes
Counter Top Range
Yes
Dishwasher
Yes
Dryer
Yes
Gas Cooking
Yes
Gas Grill
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Living Room

Built-Ins
Yes
Floor - Other - See Remarks
Yes

Water Type

Oceanside/Beach Blk
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Floors

Ceramic Tile
Yes

Kitchen

Breakfast Cntr
Yes
Ceramic Tile
Yes

Basement

None
Yes
Slab
Yes

Cooling

Central Air
Yes

Water Heater

Electric
Yes

Primary Bath

Shower Stall
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Exterior

Fence
Yes

Common Elements

Association
Yes
Beach Access
Yes
Clubhouse
Yes
Playground
Yes

Parking

Driveway
Yes
Off Street
Yes

Garage

None
Yes

Assessment Status

Assessed
Yes

Siding

Vinyl
Yes

Roof

Shingle
Yes

Management Type

Owner/Association
Yes

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: July - 27 - 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.