NOT LISTED FOR SALE

120 W Cape May Ave Unit B Ocean Gate, NJ 08740

Estimated Value: $494,000 - $533,000

1 Bed
1 Bath
-- Sq Ft
10,019 Sq Ft Lot

Highlights

  • Attic
  • Ceramic Tile Flooring
  • 1-Story Property
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2017

1 year Lease. A very clean and move in ready rental. Updated kitchen and flooring. Gas heat/Central air. Nice quiet location close to Ocean Gates beach and Boardwalk. Bedroom is very spacious. A full credit and background check is required. Proof of income and employment too. No Pets or Smokers

Last Agent to Rent the Property

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 08/18/2017

RE/MAX at Barnegat Bay

Last Renter's Agent

Tricia Magliola

RE/MAX at Barnegat Bay License #1754831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1960

Lot Details

  • 10,019

Parking

  • No Garage

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • 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 22-00004-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,354

Year Built

Built in 1960

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Stove, Refrigerator, Dishwasher, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Attic
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Primary Bath Floor - Ceramic10: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 22-00004-0000-00006

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2014
Sold by
Allen James and Allen Kathleen
Bought by
Allen Kathleen
Current Estimated Value
$507,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Outstanding Balance
$132,588
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$378,806

Purchase Details

Closed on
Aug 4, 2005
Sold by
Mataro James C and Mataro Kathleen
Bought by
Allen James and Allen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
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
Allen Kathleen -- North American Title Agency
Allen James $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Kathleen $174,250
Closed Allen James $236,000
Previous Owner Mataro James C $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Rented $126,000 +900.0% --
11/01/2017 11/01/17 Rented $12,600 +1100.0% --
10/02/2017 10/02/17 Under Contract -- -- --
08/18/2017 08/18/17 For Rent $1,050 -- --
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 $7,354 $447,300 $187,000 $260,300
2024 $6,850 $447,300 $187,000 $260,300
2023 $6,310 $226,900 $79,400 $147,500
2022 $6,310 $226,900 $79,400 $147,500
2021 $6,040 $226,900 $79,400 $147,500
2020 $6,088 $226,900 $79,400 $147,500
2019 $5,885 $224,800 $79,400 $145,400
2018 $5,681 $224,800 $79,400 $145,400
2017 $5,638 $224,800 $79,400 $145,400
2016 $5,593 $224,800 $79,400 $145,400
2015 $5,719 $280,600 $130,000 $150,600
2014 $5,744 $280,600 $130,000 $150,600
Source: Public Records

Agents Affiliated with this Home

  • Cessna Statt

    Landlord's Agent in 2017

    Cessna Statt

    RE/MAX

    (609) 276-3135

    21 in this area

    104 Total Sales

    Cessna Statt
    Section Image

  • T

    Tenant's Agent in 2017

    Tricia Magliola

    RE/MAX

    Section Image
  • Nicole Sabarese

    Buyer Co-Listing Agent in 2017

    Nicole Sabarese

    RE/MAX

    (609) 618-0301

    109 Total Sales

    Nicole Sabarese
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21732464

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00004-0000-00006

New Jersey Ocean County Ocean Gate 08740

120 W Cape May Ave Unit B, Ocean Gate, NJ

This home is located at 120 W Cape May Ave Unit B, Ocean Gate, NJ 08740 since 18 August 2017 and is currently priced at $507,631. This property was built in 1960. 120 W Cape May Ave Unit B is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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