NOT LISTED FOR SALE

118 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $409,000 - $466,317

2 Beds
2 Baths
1,328 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $350,000 $264 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,900/month

21 Days on Market

Highlights

  • New Kitchen
  • Attic
  • No HOA
  • Deck
  • Granite Countertops
  • Den

About This Home

As of March 2022

Classic Ocean Gate home bursting with character and charm, just steps to the famous mile long beach and boardwalk. This expansive ranch offers the best in single story living completed by a 16x24 back deck with attached pergola, storage shed, oversized driveway that runs the whole length of the property, covered front porch and a partial basement for storage and additional bonus space. Features include bright and open spaces, a large living room with 2 separate sitting areas, spacious bedrooms including the master suite with huge walk in closet and full bath, modern and stylish kitchen, separate dining area, bonus den (could easily become a third bedroom), updated full hall bath and separate laundry room. You'll find newer flooring, fresh paint and new roof/gutters. Check it out today!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 02/16/2022

RE/MAX Gateway

Last Buyer's Agent

Christine D'anzieri

Keller Williams Realty West Monmouth License #1005895

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Oversized Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Bay Window
  • Living Room
  • Dining Room
  • Den
  • Partial Basement
  • Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00033-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,044

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic, Dec Molding, Den, Breakfast Bar, Recessed Lighting
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen BnookDining Area: Yes
  • Parking Oversized2: Yes
  • Dining Room BayBow Window3: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 10
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Den2: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Shed, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00033-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5044.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 10, 2022
Sold by
Vangriffen David A and Vangriffen Laura A
Bought by
Tanico James S and Tanico Arleen
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Christine D'anzieri
Keller Williams Realty West Monmouth
List Price
$299,900
Sold Price
$350,000
Premium/Discount to List
$50,100
16.71%
Current Estimated Value
$437,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,829
Avg. Annual Appreciation
6.42%
Original Mortgage
$280,000
Outstanding Balance
$261,403
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$176,426

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 23, 2019
Sold by
Weintraub Yaakov
Bought by
Vangriffen David Van and Griffen Laura A
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Donna Sierchio
Keller Williams Realty Ocean Living
Sold Price
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.14%
Original Mortgage
$155,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2019
Sold by
Terranova Peter A and Terranova Donna C
Bought by
Weintraub Yaakov

Purchase Details

Closed on
Oct 21, 2008
Sold by
Terranova Donna C
Bought by
Terranova Peter A
Source: Public Records

Range of Values:

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Average Value
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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
Tanico James S $350,000 Innovative Title
Vangriffen David Van $194,000 Counsellors Title Agency Inc
Weintraub Yaakov $63,000 None Available
Terranova Peter A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanico James S $280,000
Previous Owner Vangriffen David Van $155,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $350,000 +16.7% $264 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $299,900 +54.6% $226 / Sq Ft
10/23/2019 10/23/19 Sold $194,000 -- $146 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,952 $422,900 $185,000 $237,900
2024 $5,471 $422,900 $185,000 $237,900
2023 $5,020 $189,500 $70,000 $119,500
2022 $5,270 $189,500 $70,000 $119,500
2021 $4,794 $189,500 $70,000 $119,500
2020 $5,084 $189,500 $70,000 $119,500
2019 $3,791 $144,800 $70,000 $74,800
2018 $3,659 $144,800 $70,000 $74,800
2017 $3,632 $144,800 $70,000 $74,800
2016 $3,603 $144,800 $70,000 $74,800
2015 $4,345 $213,200 $115,000 $98,200
2014 $4,364 $213,200 $115,000 $98,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22204077

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00033-0000-00003