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12 Thompson Avenue, Leonardo, NJ, 07737

6beds
3baths
2,872sqft
$849,000
$296price/sqft
$6,140/moest. monthly cost
$245,600/yrincome needed

About This Home

Opportunity meets coastal lifestyle in this expanded custom cape just moments from Leonardo Beach, the marina, and NYC ferry access. Situated on a spacious 150x107 corner lot on a quiet street leading toward the bay, this unique and expansive home offers 6 bedrooms and 3 full baths, providing flexibility for multi-generational living, guests, or work-from-home space. The main level features 2 bedrooms, a full bath, and multiple living areas including a family room with gas fireplace and sliders to the backyard. Upstairs offers 4 additional bedrooms and 2 full baths. Located in the desirable Middletown South school district and close to parks, beaches, and commuter routes. Bring your vision and unlock the potential of this rare coastal opportunity. Schedule your private showing today.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
7/10
Bayshore Middle SchoolGrades 6-80.6 mi
7/10

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,Cape Cod
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished,Walk-Out Access

Bedroom

  • Area: 114.291
  • Dimensions: 14.11 x 8.1

Bedroom

  • Area: 139.2
  • Dimensions: 12 x 11.6

Bedroom

  • Area: 288.2
  • Dimensions: 13.1 x 22

Bedroom

  • Area: 264.12
  • Dimensions: 14.2 x 18.6

Bedroom

  • Area: 139.986
  • Dimensions: 12.6 x 11.11

Bedroom

  • Area: 141.09699999999998
  • Dimensions: 12.7 x 11.11

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Family Room

  • Area: 554.71
  • Dimensions: 25.1 x 22.1

Features

  • Recessed Lighting
  • Flooring: Tile,Wood
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Attic: Attic

Heating & Cooling

  • Heating features: 2 Zoned Heat
  • Cooling features: 2 Zoned AC

Interior Area

  • Total structure area: 2,872
  • Total interior livable area: 2,872 sqft

Kitchen

  • Area: 185.6
  • Dimensions: 16 x 11.6

Laundry

  • Area: 102
  • Dimensions: 13.6 x 7.5

Living Room

  • Area: 236.33999999999997
  • Dimensions: 20.2 x 11.7

Property

Details

  • Parcel number: 3200376000000009
  • Zoning description: Residential

Features

  • Stories: 1
  • Fencing: Fenced Area
  • Waterfront features: Bayside

Lot

  • Lot size: 0.37 Acres
  • Features: Corner Lot
  • Lot size dimensions: 150 x 107

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Coastal Flooding
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,293$51,516
Home Insurance *$359$4,308
Property Taxes $1,172$14,064
Electricity $316$3,799
Total$6,140$73,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$210,514/yr
40% on housing$184,200/yr
45% on housing$163,733/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 07737$325
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07737$428
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-04Listed for sale$849,000
2026-04-04Listing removed$849,000
2026-02-18Price change$849,000
2026-02-02Listed for sale$899,000

For Sale by Agent

AgentMichele Irizarry
BrokerageShore Prime Properties LLC

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