NOT LISTED FOR SALE

11 W Arverne Ave Ocean Gate, NJ 08740

Estimated Value: $439,000 - $606,000

5 Beds
2 Baths
2,244 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $125,000 $56 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $3,526/month

Highlights

  • No HOA
  • Crown Molding
  • Sliding Doors
  • Oversized Parking
  • Recessed Lighting
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Mother/Daughter living in Ocean Gate! This large home offers 5 bedrooms (3 up/2 down) and 2 full bathrooms (1 up/1 down), 2 full kitchens (1 up/1 down) and is perfect for a large family, separate in-law living or a multi family vacation home. The house has been completely and tastefully renovated and updated and features include: 2 brand new kitchens with white shaker cabinets, granite tops and stainless steel appliances, new vinyl/engineered flooring throughout, bright and open concept living with lots of natural sun light, large bedrooms, second floor deck, separate laundry/utility room with all new systems, and fresh paint and trim. Available as early as 04/01, do not miss out on this rare opportunity!

Last Agent to Rent the Property

Robert Kosinski

(732) 996-7448 rkosinskiremax@gmail.com RE/MAX Gateway Listed on: 03/30/2019

RE/MAX Gateway

Co-Listed By

Marcello Carboni

(732) 644-1562 mcarboni.remax@gmail.com RE/MAX at Barnegat Bay - Forked River

Last Renter's Agent

Robert Kosinski

(732) 996-7448 rkosinskiremax@gmail.com RE/MAX Gateway Listed on: 03/30/2019

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,332

Year Built

  • Built in 1988

Lot Details

  • 4,008

Home Design

  • Slab Foundation

Interior Spaces

  • 2,244 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Oversized Parking
  • Driveway

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Gate Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,825
  • Tenant pays for electricity, gas, water
  • The owner pays for sewer
  • 12-Month Lease Term
  • Assessor Parcel Number 22-00009-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,332

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer
  • Pets Allowed: No
  • Security Deposit: 3825.00
  • Tenant Pays: Electricity, Gas, Water
  • Total Actual Rent: 2550.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Dwelling W/Separate Living Area
  • New Construction: No
  • Year Built: 1988
  • Remarks Public: Mother/Daughter living in Ocean Gate! This large home offers 5 bedrooms (3 up/2 down) and 2 full bathrooms (1 up/1 down), 2 full kitchens (1 up/1 down) and is perfect for a large family, separate in-law living or a multi family vacation home. The house has been completely and tastefully renovated and updated and features include: 2 brand new kitchens with white shaker cabinets, granite tops and stainless steel appliances, new vinyl/engineered flooring throughout, bright and open concept living with lots of natural sun light, large bedrooms, second floor deck, separate laundry/utility room with all new systems, and fresh paint and trim. Available as early as 04/01, do not miss out on this rare opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Built-In Microwave, Refrigerator, Stove
  • Interior Amenities: Crown Moldings, Recessed Lighting
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Slab
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2244
  • Living Area Sq Ft: 2244
  • Price Per Sq Ft: 1.14
  • Above Grade Finished Sq Ft: 2244
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Oversized
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CENTRAL REGIONAL SCHOOLS
  • School District Key: 300200396363

Lot Info

  • Zoning: NONE AVAILABLE
  • Zoning Description: None Available

Tax Info

  • Assessor Parcel Number: 3054839
  • Assessor Parcel Number: 22-00009-0000-00010
  • Close Date: 05/15/2019

MLS Schools

  • School District Name: CENTRAL REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Jan 23, 2018
Sold by
Newman Glen
Bought by
11 West Arverne Llc
Seller's Agent
Robert Kosinski
RE/MAX Gateway
Buyer's Agent
Robert Kosinski
RE/MAX Gateway
Sold Price
$30,600
Current Estimated Value
$549,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,276
Original Mortgage
$165,000
Interest Rate
3.99%
Mortgage Type
Balloon

Purchase Details

Listed on
May 31, 2017
Closed on
Sep 25, 2017
Sold by
Bayview Loan Servicing Llc
Bought by
Newman Glen
Seller's Agent
Noelle Paschon
Paschon Realty LLC
Buyer's Agent
Robert Kosinski
RE/MAX Gateway
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%
Original Mortgage
$145,000
Interest Rate
3.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 3, 2016
Sold by
Ocean County Sheriff
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Feb 27, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
11 West Arverne Llc -- Fidelity National Title Ins
Newman Glen $125,000 First Integrity Title
Bayview Loan Servicing Llc -- Fortune Title
-- $242,300 --
Simonair Victoria $242,275 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman Glen $145,000
Previous Owner Simonair Victoria $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Rented $30,600 0.0% --
05/15/2019 05/15/19 Rented $30,600 +1100.0% --
05/13/2019 05/13/19 Under Contract -- -- --
03/30/2019 03/30/19 For Rent $2,550 -91.7% --
03/15/2018 03/15/18 Rented $30,600 0.0% --
09/28/2017 09/28/17 Sold $125,000 -- $56 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,332 $446,000 $136,000 $310,000
2024 $7,976 $446,000 $136,000 $310,000
2023 $7,347 $264,200 $57,600 $206,600
2022 $7,347 $264,200 $57,600 $206,600
2021 $7,033 $264,200 $57,600 $206,600
2020 $7,088 $264,200 $57,600 $206,600
2019 $6,917 $264,200 $57,600 $206,600
2018 $5,276 $208,800 $57,600 $151,200
2017 $5,237 $208,800 $57,600 $151,200
2016 $5,195 $208,800 $57,600 $151,200
2015 $5,287 $259,400 $100,000 $159,400
2014 $5,310 $259,400 $100,000 $159,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC143234

Bright MLS

APN: 22-00009-0000-00010