$270,000
SOLD JUN 20, 2025

17 W Arverne Ave Ocean Gate, NJ 08740

2 Beds
1 Bath
836 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

8% Below List Price

160 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Enclosed Patio or Porch
  • No HOA
  • Oversized Lot
  • Oversized Parking

About This Home

As of June 2025

Cute Bungalow style Home 850sq ft. Seller removed Kitchen and did some demo, then lost interest in project. Needs New electrical and some plumbing. Oversized 80x100 lot. House has good bones for rehab, 2nd story addition or knock down and build mega-house. Cleared lot, Zone X 500, never flooded. Pull down attic stairs with potential for loft. Brand new furnace. Taxes $3995. CASH BUYERS ONLY! Must close without any Certificate of Occupancy. Bank will not lend.

Last Agent to Sell the Property

Jack Yao

Realmart Realty LLC. Brokerage Phone: 888-362-6543 License #0902217 Listed on: 12/12/2024

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1945

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Oversized Lot

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 836 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Oversized Parking
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00009-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 888-362-6543
  • ResoLotFeatures: Oversized
  • Subdivision Name: None
  • Architectural Style: Bungalow
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Pull Down Stairs
  • Reso Other Structures: Shed(s)
  • Year Built: 1945
  • 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
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 80 x 100
  • General Property Info Farm: No
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Cooling None12: Yes
  • Parking Oversized2: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Patio And Porch Features: Porch - Enclosed
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 80 x 100
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 22-00009-0000-00012
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3888.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jun 20, 2025
Sold by
Mcneil John W
Bought by
Ruggiero William
Seller's Agent
Jack Yao
Realmart Realty LLC.
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Views
316
Current Estimated Value
$293,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,822
Avg. Annual Appreciation
32.56%

Purchase Details

Closed on
Jan 27, 2023
Sold by
Johns Dawn Marie
Bought by
Mcneil John W

Purchase Details

Closed on
Jan 26, 2005
Sold by
Schuler Edward W and Lawson Russell H
Bought by
Johns Dawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
7.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2004
Sold by
Dennis William B and Dennis Susan J
Bought by
Schuler Edward W and Lawson Russell H
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 Type Sale Price Title Company
Bargain Sale Deed $270,000 None Listed On Document
Bargain Sale Deed $270,000 None Listed On Document
Bargain Sale Deed $210,000 First American Title
Bargain Sale Deed $210,000 First American Title
Deed $179,000 --
Deed $141,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,050 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $270,000 -6.3% $323 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/16/2025 04/16/25 Price Changed $288,000 -0.3% $344 / Sq Ft
02/08/2025 02/08/25 Price Changed $289,000 -2.0% $346 / Sq Ft
12/12/2024 12/12/24 For Sale $295,000 -- $353 / Sq Ft
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 $3,888 $173,800 $163,800 $10,000
2024 $3,937 $236,500 $178,500 $58,000
2023 $3,626 $130,400 $71,000 $59,400
2022 $3,626 $130,400 $71,000 $59,400
2021 $3,471 $130,400 $71,000 $59,400
2020 $3,499 $130,400 $71,000 $59,400
2019 $3,414 $130,400 $71,000 $59,400
2018 $3,295 $130,400 $71,000 $59,400
2017 $3,270 $130,400 $71,000 $59,400
2016 $3,244 $130,400 $71,000 $59,400
2015 $3,648 $179,000 $122,500 $56,500
2014 $3,664 $179,000 $122,500 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435002

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00009-0000-00012