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$760,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 560 Sq. Ft.
  • Updated 40 minutes ago
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Welcome to your perfect Jersey Shore escape in the sought-after beach community of Lavallette, on OWNED LAND!! Built in 2014 and elevated nearly 12 feet, this charming coastal retreat offers comfort, convenience, and prime seaside living just 1.5 blocks from the ocean and Barnegat Bay, ideally located directly across from the Boat Basin, with space for a small boat, kayak, or wave runner. Inside, enjoy a bright open layout with soaring ceilings, seamless living and dining spaces, and a well-appointed kitchen with tall cabinetry and ample storage. Two comfortable bedrooms, a spacious bath with frameless walk-in shower, and stackable washer/dryer complete the home. The high elevation of this home creates valuable ground-level bonus space with custom arched doors that open up, plus two outdoor decks perfect for relaxing or entertaining. Located in desirable Ocean Beach 3, close to the newly built clubhouse, pristine beaches, dining, and shopping. Whether you're seeking a summer getaway, investment property, or year-round shore retreat, this home is a rare opportunity to own a piece of the Jersey Shore lifestyle

Full Property Details for 121 W Pelican Way

General

  • Price: $760,000
  • HOA FEE: $65/month
  • HOA FEE FREQ.: Annually
  • Taxes: $11,626 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Monmouth
  • MLS ID: 22612052
  • Updated: Today (5/5/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Association, Baseketball Court, Beach, Clubhouse, Dock, Playground, Security Guard, Swimming

Interior

  • Number of Rooms: 4
  • Interior Features: Recessed Lighting
  • Flooring: Cement

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Foyer/Entry: Laminate Flooring, Other - See Remarks
  • Living Room: Laminate Flooring
  • Family Room: Other - See Remarks
  • Kitchen: Eat-In, Laminate Flooring

Additional Information

  • Shared Amenities: Boat Dock, Beach Access, Association, Swimming, Basketball Court, Clubhouse, Playground
  • Security/Safety: Security Guard

Parking

  • Parking Features: Paver Block, Driveway

Location

  • Area: Toms River Twp (TOM)
  • Municipality: Toms River Twp (TOM)
  • County: Ocean
  • Subdivision: None

Community

  • Association: Yes
  • Management Type: Owner Association

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: Public Sewer, Public Water

Structural Information

  • Architectural Style: Raised Ranch
  • Exterior Const.: Shingle Siding
  • Basement: Yes
  • Roof: Shingle
  • Square Feet: 560
  • Living Area: 560 Sq. Ft.
  • Year Built: 2014

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,306.8
  • Lot Dimensions: 50 x 32
  • Lot Features: Corner Lot, Bayside, Lagoon
  • Zoning: Residential, Single Family

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,357.14
  • Association Fee: $780
  • Assoc Fee Freq.: Annually
  • Assessment Amount: $595,000
  • Tax Amount: $11,626
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: Washer, Blinds/Shades, Dryer, Microwave, Refrigerator, Screens
  • Property ID: 08-01109-06-00021
  • Section: Shn Ocn Bch III

Listed by Keller Williams Realty Ocean Living, Jennifer Mahieu

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Listing agent

— 121 W Pelican Way —

  • Jennifer Mahieu

    Keller Williams Realty Ocean Living

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 121 W Pelican Way

School District:Toms River Regional School District
NameGradesDistance
East Dover Elementary School, Toms River, NJ
725 Vaughn Avenue, Toms River, NJ 08753
PK-54.8 mi
Toms River Intermediate E
1519 Hooper Avenue, Toms River, NJ 08753
6-85.3 mi
Toms River High - East High School
1225 Raider Way, Toms River, NJ 08753
9-124.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 121 W Pelican Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$760,000
462.96%
MLS
11/05/2014
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 121 W Pelican Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,835
9%
$595,000
—
2022
$9,931
86%
$595,000
179%
2021
$5,351
—
$213,600
—
2020
$5,327
6%
$213,600
—
2018
$5,028
1%
$213,600
—
2017
$4,985
3%
$213,600
—
2016
$4,855
-5%
$213,600
—
2019
$5,096
9%
$213,600
—
2015
$4,671
57%
$213,600
46%
2014
$2,973
30%
$146,600
26%
2013
$2,292
—
$116,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 121 W Pelican Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty Ocean Living, Jennifer Mahieu

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121 W Pelican Way, Lavallette, NJ 08735 (MLS# 22612052) is a Single Family property with 2 bedrooms and 1 full bathroom. 121 W Pelican Way is currently listed for $760,000 and was received on May 05, 2026. Want to learn more about 121 W Pelican Way? Do you have questions about finding other Single Family real estate for sale in Lavallette? You can browse all Lavallette real estate or contact a Coldwell Banker agent to request more information.

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