CTRE13 LLC Sells Manalapan SFR On South Ocean Blvd For $20.45M With Buyer's Rep Lawrence Moens & Seller's Rep Steven R. Presson & Dovi Ettedgui

The recently closed property transaction in Manalapan, located at 1960 S. Ocean Blvd, involved the sale of a Single Family Residence (SFR). The property, spanning 12,181 square feet, was sold by CTRE13 LLC for a price of $20,450,000, resulting in a price per square foot of $1,679. The transaction also encompassed a total of 3.93 acres, leading to a price per acre of $5,203,562.

Summary of transaction details

• Property Type: Single Family Residence (SFR)
• Transaction Amount: $20,450,000
• Square Footage: 12,181
• Price per Square Foot: $1,679
• Acres: 3.93
• Price per Acre: $5,203,562

The deal was facilitated by Lawrence Moens of Lawrence A. Moens Associates, Inc., acting as the buyer's representative. The seller, CTRE13 LLC, was represented by Steven R. Presson & Dovi Ettedgui from The Corcoran Group.