M
Seller's Agent in 2021
Matthew Oles
Weichert Realtors-Forked River
125 W Cape May Ave Ocean Gate, NJ 08740
Estimated Value: $519,000 - $559,671
3
Beds
2
Baths
1,986
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Parking available for a boat
- Wood Flooring
- No HOA
- Deck
- Sun or Florida Room
- Oversized Lot
About This Home
As of February 2021This property has so much going for it! A true gem in the waterfront community of Ocean Gate, just waiting for your final touches. This Spacious, 3/2 Ranch offers a great location in a quiet, tight-knit community, almost 2000 square feet of living space, hardwood floors in most rooms, large bedrooms, paddle ceiling fans in every room but the kitchen and bathrooms, and a fenced yard...but that's not all; IT'S CUSTOM! Also Features: 2 bonus spaces with a separate entrance presenting Mother/Daughter or Home Office opportunities, a 3-Season Sunroom, 2 Brand New Decks, an attached 1-Car Garage, an Oversized Lot, and an asphalt, 14-Car Driveway! Not enough? How about a full-sized attic for storage with pull-down stairs, and a full, unfinished basement spanning the entire footprint of the home (need a 4th bedroom, 3rd bonus room, or 3rd bath?); housing laundry, fully upgraded furnace and tankless hot water and baseboard heating system, a whole-house water filtration system, and even more storage! Not to mention, it's been freshly painted, has a newer central air compressor (still under warranty), a 30-Year Timberline Roof, gutter helmet, and it's NOT IN A FLOOD ZONE!! All this, and within walking distance to the Ocean Gate School (1.5 blocks away and has Full-Day Pre-K and Kindergarten), the Ocean Gate Yacht Club, and the gorgeous community beach and boardwalk. Close to all other necessities including shopping, restaurants, parks, houses of worship, the Toms River, the Atlantic Ocean, and the Garden State Parkway for commuters. You will NOT be disappointed!
Last Agent to Sell the Property
Matthew Oles
Weichert Realtors-Forked River License #1860539 Listed on: 12/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,336
Year Built
- Built in 1965
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 120x100
- Fenced
- Oversized Lot
Parking
- 1 Car Attached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Garage Door Opener
- Off-Street Parking
- Parking available for a boat
- RV Access or Parking
Home Design
- Shingle Roof
- Asphalt Rolled Roof
- Vinyl Siding
Interior Spaces
- 1,986 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Window Screens
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Sun or Florida Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Electric Cooktop
- Stove
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Primary bathroom on main floor
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Deck
- Porch
Schools
- Ocean Gate Elementary School
- Central Reg Middle School
- Central Regional High School
Utilities
- Whole House Fan
- Central Air
- Heating System Uses Natural Gas
- Tankless Water Heater
- Water Softener
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Chattels
- Assessor Parcel Number 22-00005-0000-00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2020
Closed on
Feb 22, 2021
Sold by
Amon Marguerite K and Depalma Klare
Bought by
Bennett John Glen and Bennett Patricia
Seller's Agent
Matthew Oles
Weichert Realtors-Forked River
Buyer's Agent
Thomas Donahue
Coldwell Banker Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,918
Avg. Annual Appreciation
11.76%
Original Mortgage
$318,477
Outstanding Balance
$285,492
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$254,747
Purchase Details
Listed on
Dec 11, 2020
Closed on
Feb 19, 2021
Sold by
Rinaldi Michael and Depalma Klare
Bought by
Bennett John Glen and Bennett Patricia
Seller's Agent
Matthew Oles
Weichert Realtors-Forked River
Buyer's Agent
Thomas Donahue
Coldwell Banker Realty
List Price
$325,000
Sold Price
$325,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,477
Outstanding Balance
$285,492
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$254,747
Purchase Details
Closed on
May 23, 2008
Sold by
Metzner Dorothy Lee
Bought by
Amon Marguerite K and Depalma Klare
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bennett John Glen | $325,000 | Land Title | |
| Bennett John Glen | $325,000 | A Absolute Settlement Co Inc | |
| Amon Marguerite K | $220,000 | Counsellors Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bennett John Glen | $318,477 | |
| Closed | Bennett John Glen | $318,477 | |
| Previous Owner | Amon Marguerite K | $80,000 | |
| Previous Owner | Amon Marguerite K | $176,000 | |
| Previous Owner | Maschal Kimberley | $159,500 | |
| Previous Owner | Maschal Kimberly | $79,068 | |
| Previous Owner | Maschal Kimberley | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2021 02/22/21 | Sold | $325,000 | 0.0% | $164 / Sq Ft |
| 12/28/2020 12/28/20 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | For Sale | $325,000 | -- | $164 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $8,194 | $498,400 | $205,500 | $292,900 |
| 2024 | $7,306 | $498,400 | $205,500 | $292,900 |
| 2023 | $6,730 | $242,000 | $84,100 | $157,900 |
| 2022 | $6,730 | $242,000 | $84,100 | $157,900 |
| 2021 | $6,169 | $242,000 | $84,100 | $157,900 |
| 2020 | $6,493 | $242,000 | $84,100 | $157,900 |
| 2019 | $6,336 | $242,000 | $84,100 | $157,900 |
| 2018 | $6,115 | $242,000 | $84,100 | $157,900 |
| 2017 | $6,069 | $242,000 | $84,100 | $157,900 |
| 2016 | $6,021 | $242,000 | $84,100 | $157,900 |
| 2015 | $5,093 | $249,900 | $137,500 | $112,400 |
| 2014 | $5,115 | $249,900 | $137,500 | $112,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Thomas Donahue
Buyer's Agent in 2021
Thomas Donahue
Coldwell Banker Realty
(732) 963-7135
1 in this area
33 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22042797
APN: 22-00005-0000-00011
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Information is deemed reliable but not guaranteed.
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