$482,577 - $529,000
RENTED MAR 14, 2025

120 W Cape May Ave Ocean Gate, NJ 08740

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

Highlights

  • Deck
  • Recessed Lighting
  • Central Air
  • No HOA
  • Tankless Water Heater
  • Ceiling Fan

About This Home

As of March 2025

Looking for a spacious rental , This adorable home features 1 bedroom, 1 bath( Brand new bathroom), large kitchen, living room and laundry room. Lots of closet space. Large yard with beautiful deck to enjoy the outdoors. Located in Ocean Gate , Walking distance to restaurants and beach. Take a stroll on Ocean Gates boardwalk and enjoy beautiful sunsets. Schedule an appointment today. Conveniently located near the parkway, beaches and only an hour and half to NYC. This wont last! No pets / No smoking

Last Agent to Rent the Property

Jill Kaczynski

Coldwell Banker Home Connection Realty License #2075833 Listed on: 02/15/2025

Coldwell Banker Home Connection Realty

Last Renter's Agent

Jill Kaczynski

Coldwell Banker Home Connection Realty License #2075833 Listed on: 02/15/2025

Coldwell Banker Home Connection Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,850

Year Built

  • Built in 1960

Lot Details

  • 10,019

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,925
  • Property Available on 3/1/25
  • Assessor Parcel Number 22-00004-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,850

Year Built

Built in 1960

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-03-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Ceiling Fan(s), Microwave, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Living Room Floor - Laminate3: Yes
  • Contract Info Available Date: 2025-03-01
  • Maintenance Fees Security Deposit3: 2925.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 2
  • 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
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes
  • Primary Bath Floor - Laminate9: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Parcel #: 22-00004-0000-00006

MLS Schools

  • Elementary School: Ocean Gate
  • 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
$511,394

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
$132,975
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$367,096

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
03/14/2025 03/14/25 Rented $1,950 0.0% --
03/03/2025 03/03/25 Under Contract -- -- --
02/15/2025 02/15/25 For Rent $1,950 -- --
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
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22504191

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00004-0000-00006