New record: Manalapan mansion sells for $33 million


The oceanfront estate at 800 S. Ocean Blvd. sold this week for $33 million, a new record for a house in Manalapan. [Note: This item originally published in September 2015.]

It’s not Manalapan’s priciest deal ever, though. Mansion builder Frank McKinney in 2005 paid $42.5 million for 8.8 acres of vacant land along the ocean.

The newly built palace includes 15,000 square feet of air conditioned space, two fireplaces, two pools and a tennis court. Jim McCann of Corcoran Group was the listing agent. The property was most recently listed at $34.9 million.

UPDATE: The buyer is NNCID, a Delaware company. A $20 million mortgage on the property is signed by Jim Perkins of Worldwide Management.

The Shiny Sheet has more details on the deal.

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