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28 Penguin Way

Lavallette, NJ 08735

2 bd 1 ba 520 sqft Built 1952 Lot 1,742 sqft single_family
Most recent sale
$300,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $300,000 MoreMLS
Mar 11, 2024 Listed $349,000 MoreMLS
Jul 11, 2019 Listing removed MoreMLS
Apr 12, 2019 Listed $249,000 MoreMLS
Apr 11, 2019 Listing removed MoreMLS
Apr 4, 2019 Price changed $249,000 MoreMLS
Oct 16, 2018 Listed $269,000 MoreMLS
Dec 18, 2009 Sold $317,500 Public Record
Dec 22, 2005 Sold $290,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,900 $292,000 $413,900 $8,087
2024 $121,900 $292,000 $413,900 $7,471
2023 $118,300 $292,000 $410,300 $7,102
2022 $118,300 $292,000 $410,300 $6,847
2021 $4,700 $230,000 $234,700 $5,879
2020 $4,700 $230,000 $234,700 $5,853
2019 $4,700 $230,000 $234,700 $5,599
2018 $4,700 $230,000 $234,700 $5,524
2017 $4,700 $230,000 $234,700 $5,477
2016 $4,700 $230,000 $234,700 $5,334
2015 $4,700 $230,000 $234,700 $5,132
2014 $4,700 $230,000 $234,700 $4,759
2013 $4,700 $127,700 $132,400 $2,604
2012 $30,500 $320,000 $350,500 $5,390
2011 $30,500 $369,200 $399,700 $5,955
2009 $30,500 $369,200 $399,700 $5,080
2007 $17,300 $72,400 $89,700 $2,745

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
520 sqft
Lot size
1,742 sqft
ZIP code
08735
City
Lavallette
Street
Penguin Way
Coordinates
39.98995, -74.06344

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 28 Penguin Way last sell?
28 Penguin Way most recently sold on Apr 12, 2024 for $300,000.
What is the current tax assessment for 28 Penguin Way?
The most recent total assessment for 28 Penguin Way (year 2025) is $413,900 with $8,087 in property tax.
How does 28 Penguin Way's assessment compare to its last sale price?
The current assessment is 38.0% above the last sale price of $300,000.
When was 28 Penguin Way built?
28 Penguin Way was built in 1952.
How does 28 Penguin Way compare to others on Penguin Way?
We track 8 other properties on Penguin Way. Browse the list under "Other properties on Penguin Way" to compare beds, baths, and sale history.
What are the property facts for 28 Penguin Way?
28 Penguin Way is a 2 bed, 1 bath, 520 sqft, 1,742 sqft lot single_family.
Is 28 Penguin Way a flip candidate?
No — 28 Penguin Way does not appear in our flips dataset.
Is 28 Penguin Way a tax-appeal candidate?
Yes — 28 Penguin Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-10.0%
2026 Q2
$1.97M
2026 Q3
$1.97M
ZIP 08735 — Median Price History + Forecast

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