NOT LISTED FOR SALE

20 E Long Branch Ave Ocean Gate, NJ 08740

Ocean Gate Neighborhood

Estimated Value: $460,000 - $609,883

5 Beds
3 Baths
2,558 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $475,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,530/month

189 Days on Market

Highlights

  • Multiple cooling system units
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of May 2023

Rare find in the desirable neighborhood of Ocean Gate. This is a legal 2 family house, consisting of 1ST FLOOR apt. with 3 bedrms, 1 full bath, laundry room, EIK, dining room and huge family room. All updated, move in condition. The 2ND FLOOR apt. has 2 bedrms, 2 full baths, laundry room, Kitchen, dining room and family room. With a staircase leading up to a very large walk around attic.
Deck off the rear. The property has a huge lot adjacent to it with plenty of uses. Large Backyard.
Gas heat, ac units, all appliances included. Roof (2014) Long driveway. Close to shopping and of course the quaint little beach of Ocean Gate. No flood Ins. needed.

Last Listed By

Toula Rosebrock

Diane Turton, Realtors-Lacey License #9702994 Listed on: 04/03/2023

Diane Turton, Realtors-Lacey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,290

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70 x 100

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • T111 Siding

Interior Spaces

  • 2,558 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Unpaved Parking
  • Off-Street Parking

Schools

  • Central Regional High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL PROPERTY
  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 22-00020-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,290

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 70 x 100
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • SidingT111: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Exclusions: TENANTS PERSONAL PROPERTY
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Other, Off Street, Unpaved
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Lot Info

  • Lot Dimensions: 70 x 100
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 22-00020-0000-00004
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6290.0
  • Tax Other Annual Assessment Amount: 236300.0

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
Apr 3, 2023
Closed on
May 24, 2023
Sold by
Twentylongbranch Llc
Bought by
Rotondi John
Seller's Agent
Toula Rosebrock
Diane Turton, Realtors-Lacey
Buyer's Agent
Anthony Genovese
VRI Homes
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Total Days on Market
189
Views
45
Current Estimated Value
$526,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,971
Avg. Annual Appreciation
5.47%
Original Mortgage
$451,250
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2016
Sold by
Morrison Dolores and Morrison Robert K
Bought by
Twentylong Branch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.54%
Mortgage Type
New Conventional

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
Rotondi John $475,000 First American Title
Twentylong Branch Llc $210,000 Counselors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rotondi John $451,250
Previous Owner Twentylong Branch Llc $168,000
Previous Owner Morrison Robert K $283,450
Previous Owner Morrison Robert K $300,000
Previous Owner Morrison Robert K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $475,000 -5.0% $186 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $499,900 0.0% $195 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $499,900 +5.2% $195 / Sq Ft
12/05/2022 12/05/22 Off Market $475,000 -- --
10/10/2022 10/10/22 For Sale $499,900 -- $195 / 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
2024 $7,134 $444,100 $184,300 $259,800
2023 $6,572 $236,300 $68,700 $167,600
2022 $6,572 $236,300 $68,700 $167,600
2021 $6,290 $236,300 $68,700 $167,600
2020 $6,340 $236,300 $68,700 $167,600
2019 $6,186 $236,300 $68,700 $167,600
2018 $5,971 $236,300 $68,700 $167,600
2017 $5,926 $236,300 $68,700 $167,600
2016 $5,879 $236,300 $68,700 $167,600
2015 $5,356 $262,800 $118,800 $144,000
2014 $5,380 $262,800 $118,800 $144,000
Source: Public Records

Agents Affiliated with this Home

  • Toula Rosebrock

    Seller's Agent in 2023

    Toula Rosebrock

    Diane Turton, Realtors-Lacey

    (609) 290-7725

    1 in this area

    62 Total Sales

    Toula Rosebrock
    Section Image
  • Anthony Genovese

    Buyer's Agent in 2023

    Anthony Genovese

    VRI Homes

    (732) 977-2675

    1 in this area

    32 Total Sales

    Anthony Genovese
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22231647

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00020-0000-00004

New Jersey Ocean County Ocean Gate 08740 Ocean Gate

20 E Long Branch Ave, Ocean Gate, NJ

Homes for Sale in Ocean Gate, NJ

This home is located at 20 E Long Branch Ave, Ocean Gate, NJ 08740 since 03 April 2023 and is currently estimated at $526,971, approximately $206 per square foot. This property was built in 1940. 20 E Long Branch 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.