NOT LISTED FOR SALE

150 W Cape May Ave Ocean Gate, NJ 08740

Estimated Value: $508,000 - $555,000

-- Bed
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $285,000

Est. 84% increase in value since last sale

Current estimated payment $3,482/month

10 Days on Market

Highlights

  • Wood Flooring
  • Double-Wide Driveway
  • Patio
  • Corner Lot
  • Thermal Windows
  • Shed

About This Home

As of September 2016

Great opportunity for investor or owner/with rental. Legal 2 family Duplex in quaint Ocean Gate.Both units have 3 bedrooms, kitchen and living room. Unit 1 is occupied by long term tenant. Unit B is vacant. Hardwood floor throughout house. Gas heat, C/A in unit 1 only. Several upgrades. Separate yards. Double driveways. Biking distance to beach.

Last Agent to Sell the Property

Dana Puharic

Weichert Realtors-Aberdeen Listed on: 08/02/2016

Last Buyer's Agent

Dana Puharic

Weichert Realtors-Aberdeen Listed on: 08/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,670

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 100 x 100
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors
  • Stove

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Double-Wide Driveway
  • Paved Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Central Regional High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, water, heat, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 22-00004-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,670

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Corner Lot, Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Pull Down Strs
  • New Construction: No
  • Year Built: 1980
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 100 x 100
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Parking Double Wide: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: personal property
  • Exterior Features: Patio, Storm Door(s), Thermal Window

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, None, Double Wide
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 100 x 100
  • Parcel #: 22-00004-0000-00001
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5670.0
  • Tax Other Annual Assessment Amount: 278200.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 17, 2016
Sold by
Ott Carol A
Bought by
415 Jersey Street Associates Inc
Seller's Agent
Dana Puharic
Weichert Realtors-Aberdeen
Buyer's Agent
Dana Puharic
Weichert Realtors-Aberdeen
Sold Price
$285,000
Current Estimated Value
$525,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,225
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Nov 6, 2001
Sold by
Bednarz Wayne
Bought by
Ott Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
415 Jersey Street Associates Inc $285,000 --
Ott Carol $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ott Carol $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $285,000 -- --
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 $6,675 $413,000 $187,000 $226,000
2023 $6,149 $221,100 $79,400 $141,700
2022 $6,149 $221,100 $79,400 $141,700
2021 $5,886 $221,100 $79,400 $141,700
2020 $5,932 $221,100 $79,400 $141,700
2019 $5,788 $221,100 $79,400 $141,700
2018 $5,587 $221,100 $79,400 $141,700
2017 $5,545 $221,100 $79,400 $141,700
2016 $5,501 $221,100 $79,400 $141,700
2015 $5,670 $278,200 $130,000 $148,200
2014 $5,695 $278,200 $130,000 $148,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dana Puharic

    Weichert Realtors-Aberdeen

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21608925

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00004-0000-00001

New Jersey Ocean County Ocean Gate 08740

150 W Cape May Ave, Ocean Gate, NJ

This home is located at 150 W Cape May Ave, Ocean Gate, NJ 08740 since 02 August 2016 and is currently estimated at $525,225. This property was built in 1980. 150 W Cape May Ave 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.

Nearby Homes