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$579,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 21 E Penguin Way
General
- Price: $579,000
- HOA FEE: $65/month
- HOA FEE FREQ.: Annually
- Taxes: $8,969 (2025)
- Status: Active
- Type: Single Family
- Source: Monmouth
- MLS ID: 22622893
- Updated: 7/27/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Association, Beach, Clubhouse, Playground
Interior
- Number of Rooms: 4
- Interior Features: Built-in Features, Recessed Lighting
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms-L1: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Built-Ins, Other - See Remarks
- Kitchen: Breakfast Counter, Ceramic Tile
Additional Information
- Shared Amenities: Beach Access, Association, Clubhouse, Playground
- Allowable: Rentals, One Cat, One Dog
Parking
- Parking Features: Driveway, Off-Street, None
- Garage Description: None
Location
- Area: Toms River Twp (TOM)
- Municipality: Toms River Twp (TOM)
- County: Ocean
- Subdivision: Ocean Beach
Community
- Association: Yes
- Management Type: Owner Association
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Architectural Style: Bungalow
- Roof: Shingle
- Square Feet: 480
- Living Area: 480 Sq. Ft.
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
- Lot Dimensions: 50 x 32
- Lot Features: Ocean Block, Oceanside, Leased Land
- Zoning: Residential, Single Family
Water Features
- Water Front Type: Oceanside/Beach Blk
Financial Considerations
- Price Per Sq. Ft.: $1,206.25
- Association Fee: $780
- Assoc Fee Freq.: Annually
- Assessment Amount: $459,000
- Tax Amount: $8,969
- Tax Year: 2025
Disclosures and Reports
- Exclusions: All Personal Items
- Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Gas Grill, Gas Cooking
- Property ID: 08-01110-14-00019
- Section: Shn Ocn Bch III
Listed by Ocean Beach Sales, Angela Serio
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Schools
Schools serving 21 E Penguin Way
School District:Toms River Regional School District
| Name | Grades | Distance |
|---|---|---|
East Dover Elementary School, Toms River, NJ 725 Vaughn Avenue, Toms River, NJ 08753 | PK-5 | 4.9 mi |
Toms River Intermediate E 1519 Hooper Avenue, Toms River, NJ 08753 | 6-8 | 5.5 mi |
Toms River High - East High School 1225 Raider Way, Toms River, NJ 08753 | 9-12 | 4.5 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 21 E Penguin Way
Date
Details
Price
Change
Source
7/27/2026
Listed
$579,000
—
MLS
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
Tax History for 21 E Penguin Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,969
7%
$459,000
—
2024
$8,358
9%
$459,000
—
2022
$7,661
9%
$459,000
64%
2021
$6,999
—
$279,400
—
2020
$6,968
5%
$279,400
—
2019
$6,666
1%
$279,400
—
2018
$6,577
1%
$279,400
—
2017
$6,521
3%
$279,400
—
2016
$6,351
4%
$279,400
—
2015
$6,110
134%
$279,400
—
2013
$2,608
—
$279,400
111%
2013
$2,608
—
$132,600
—
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
Estimate the Cost for 21 E Penguin Way
21 E Penguin Way, Lavallette, NJ 08735 (MLS# 22622893) is a Single Family property with 2 bedrooms and 1 full bathroom. 21 E Penguin Way is currently listed for $579,000 and was received on July 27, 2026. Want to learn more about 21 E Penguin 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.

