NOT LISTED FOR SALE

20 E Long Branch Ave Ocean Gate, NJ 08740

Ocean Gate Area

Estimated Value: $583,219

5 Beds
3 Baths
2,558 Sq Ft
$228/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2023

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

Est. 23% increase in value since last sale

Current estimated payment $3,886 / mo

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 Agent to Sell the Property

Toula Rosebrock

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

Diane Turton, Realtors-Lacey

Last Buyer's Agent

Anthony Genovese

VRI Homes License #1859350

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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

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1940
  • Contract Info List PriceSqFt: 195.43
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 24, 2023
Sold by
Bought by
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%
Views
45
Current Estimated Value
$583,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,219
Avg. Annual Appreciation
6.62%
Original Mortgage
$451,250
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2016
Sold by
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean Gate, NJ

  • MaryBeth Tomaro Real Estate Agent - Keller Williams Realty Central Monmouth

    MaryBeth Tomaro

    Keller Williams Realty Central Monmouth

    (848) 301-2239

    90 Total Sales

    1 in Ocean Gate

    $815,200 Price

    MaryBeth Tomaro
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  • Anthony Genovese Real Estate Agent - VRI Homes

    Anthony Genovese

    VRI Homes

    (848) 294-1903

    39 Total Sales

    1 in Ocean Gate

    $475,000 Price

    Anthony Genovese
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  • Justin Calderon Real Estate Agent - Fathom Realty NJ, LLC

    Justin Calderon

    Fathom Realty NJ, LLC

    (877) 915-5135

    78 Total Sales

    2 in Ocean Gate

    $400K - $440K Price Range

    Justin Calderon
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  • Patricia Romano Real Estate Agent - RE/MAX of Long Beach Island

    Patricia Romano

    RE/MAX of Long Beach Island

    (609) 622-4865

    221 Total Sales

    2 in Ocean Gate

    $475,000 Price Range

    Patricia Romano
     Section Image
  • Felicia Finn Real Estate Agent - C21/ Action Plus Realty

    Felicia Finn

    C21/ Action Plus Realty

    (848) 285-6846

    191 Total Sales

    3 in Ocean Gate

    $323K - $413K Price Range

    Felicia Finn
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  • JoAnn Petrizzo Real Estate Agent - ADK Realty & Consulting Services

    JoAnn Petrizzo

    ADK Realty & Consulting Services

    (848) 277-0729

    54 Total Sales

    1 in Ocean Gate

    $194,500 Price

    JoAnn Petrizzo
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 First American Title
$210,000 Counselors Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $451,250
Previous Owner $168,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,087 $444,100 $184,300 $259,800
2025 $8,087 $444,100 $184,300 $259,800
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 Real Estate Agent - Diane Turton, Realtors-Lacey

    Seller's Agent in 2023

    Toula Rosebrock

    Diane Turton, Realtors-Lacey

    (609) 290-7725

    44 Total Sales

    Toula Rosebrock
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  • Anthony Genovese Real Estate Agent - VRI Homes

    Buyer's Agent in 2023

    Anthony Genovese

    VRI Homes

    (732) 977-2675

    39 Total Sales

    Anthony Genovese
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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

20 E Long Branch Ave, Ocean Gate, NJ

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.

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