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

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 $3,992 / 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

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
MLS Status: Closed
Standard Status: Closed
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.

May 2023 - Present 3 Years and 4 Months

Private Individual

Purchase Details

Listed on

Apr 3, 2023

Closed on

May 24, 2023

Sold by

Twentylongbranch Llc

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

Current Estimated Value

$583,219

Estimated Appreciation

$108,219

Avg. Annual Appreciation

6.34%

Original Mortgage

$451,250

Interest Rate

6.69%

Mortgage Type

New Conventional

Jul 2016 - May 2023 Twentylong Branch Llc 6 Years and 10 Months

Company

Purchase Details

Closed on

Jul 12, 2016

Sold by

Morrison Dolores and Morrison Robert K

Bought by

Twentylong Branch Llc

Original Mortgage

$168,000

Interest Rate

3.54%

Mortgage Type

New Conventional

Source: Public Records

Agents Specializing in Ocean Gate, NJ

Justin Calderon

Fathom Realty NJ, LLC

(877) 915-5135

82 Total Sales

2 in Ocean Gate

$400K - $440K Price Range

Justin Calderon
Patricia Romano

RE/MAX of Long Beach Island

(609) 622-4865

220 Total Sales

2 in Ocean Gate

$475,000 Price Range

Patricia Romano
Felicia Finn

C21/ Action Plus Realty

(848) 285-6846

154 Total Sales

2 in Ocean Gate

$413,000 Price Range

Felicia Finn
JoAnn Petrizzo

ADK Realty & Consulting Services

(848) 277-0729

54 Total Sales

1 in Ocean Gate

$194,500 Price

JoAnn Petrizzo
Patrick Meehan Jr.

Responds Quickly

RE/MAX at Barnegat Bay

(640) 333-8455

345 Total Sales

1 in Ocean Gate

$864,999 Price

Patrick Meehan Jr.
Victoria Trapp

Keller Williams Preferred Properties,Bayville

(848) 301-2706

62 Total Sales

1 in Ocean Gate

$385,000 Price

Victoria Trapp

See All Agents

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
	Twentylong Branch Llc	$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	Twentylong Branch Llc	$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

Seller's Agent in 2023

Toula Rosebrock

Diane Turton, Realtors-Lacey

(609) 290-7725

43 Total Sales

Toula Rosebrock
Buyer's Agent in 2023

Anthony Genovese

VRI Homes

(732) 977-2675

37 Total Sales

Anthony Genovese

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22231647

APN: 22-00020-0000-00004

New Jersey Ocean County Ocean Gate 08740

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Information is deemed reliable but not guaranteed.

Nearby Homes

Long Beach Island

20 E Long Branch Ave Ocean Gate, NJ 08740

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Interior Spaces

Bedrooms and Bathrooms

Parking

Schools

Utilities

Community Details

Listing and Financial Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Lot Info

Rental Info

Tax Info

Multi Family

MLS Schools

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Ocean Gate, NJ

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map