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311 Park Avenue, Oakhurst, NJ, 07755

6beds
5baths
5,803sqft
$4,975,000
$857price/sqft
$32,872/moest. monthly cost
$1,314,880/yrincome needed

About This Home

Exceptional luxury estate nestled on approximately 1.2 acres in the prestigious Old Farm Road neighborhood, surrounded by beautiful homes and just moments from desirable Larchwood Avenue. This stunning residence offers approximately 6,000 square feet of beautifully designed living space with 6 bedrooms, 4.5 baths, a renovated chef's kitchen, and expansive entertaining areas. The impressive grounds provide ample room for a resort-style pool, cabana, and outdoor living spaces, while a private basketball/pickleball court completes this remarkable property. A rare opportunity to own an extraordinary estate in one of the area's most sought-after locations.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
5/10
6/10
Ocean Twp High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1979

Type & Style

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

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,803
  • Total interior livable area: 5,803 sqft

Property

Details

  • Parcel number: 370000800000000801

Features

  • Stories: 2
  • Exterior features: Basketball Court

Lot

  • Lot size: 0.57 Acres
  • Lot size dimensions: 144 x 172

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 WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
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 $25,156$301,872
Home Insurance *$1,428$17,136
Property Taxes $5,649$67,788
Electricity $639$7,676
Total$32,872$394,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,127,040/yr
40% on housing$986,160/yr
45% on housing$876,586/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

$857This listing

vs Other Active Listings

Avg $/sqft

ZIP 07755$721
Monmouth County$424

vs Homes Sold Last Month

Median $/sqft

ZIP 07755$581
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)

Price History

DateEventPrice
2026-07-31Listed for sale$4,975,000
2026-07-20Listing removed$4,900,000
2026-02-02Listed for sale$4,900,000
2025-12-02Listing removed$4,900,000
2025-04-28Listed for sale$4,900,000
2002-09-20Sold$800,000

For Sale by Agent

AgentAdele Cohen
BrokerageAdele Cohen Real Estate LLc

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