NOT LISTED FOR SALE

205 Narragansette Ave Ocean Gate, NJ 08740

Estimated Value: $577,000 - $686,000

4 Beds
2 Baths
2,086 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $545,000 $261 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,062/month

235 Days on Market

Highlights

  • Water Views
  • 1 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Forced Air Zoned Heating and Cooling System

About This Home

As of March 2023

Magnificent water view property in the much desired OCEAN GATE community!!! Turn-key single or multi family home. The choice is YOURS!!! Steps away from the beach and boardwalk!!! Many updated features!!! Room for a pool!!! Make your appointment right away. This is a MUST SEE!!!***TRULY ZONED 2 FAMILY HOME!!!****This home was converted to a single family but can easily be converted back

Last Agent to Sell the Property

Kevin Stewart

Keller Williams Preferred Properties, Ship Bottom License #2185158 Listed on: 06/16/2022

Keller Williams Preferred Properties, Ship Bottom

Last Buyer's Agent

Domenica (Mimi) Krauss

Fathom Realty NJ License #0457116

Fathom Realty NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1950

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,086 Sq Ft Home
  • 3-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 22-00084-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,029

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Other - See Remarks
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • 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
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 3
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exclusions: Personal belongings
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 80 x 100
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 22-00084-0000-00002

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6029.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Feb 28, 2023
Sold by
Grant Erin Bies
Bought by
Krauss Steven and Krauss Domenica
Seller's Agent
Kevin Stewart
Keller Williams Preferred Properties, Ship Bottom
Buyer's Agent
Domenica (Mimi) Krauss
Fathom Realty NJ
List Price
$544,900
Sold Price
$545,000
Premium/Discount to List
$100
0.02%
Views
303
Current Estimated Value
$637,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,905
Avg. Annual Appreciation
6.35%
Original Mortgage
$478,225
Outstanding Balance
$465,853
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$166,349

Purchase Details

Listed on
Sep 16, 2014
Closed on
Oct 17, 2014
Sold by
Lukaszyk William and Lukaszyk Mary Jane
Bought by
Grant Erin Bies
Seller's Agent
Margaret Frey
RE/MAX Award Realtors
Buyer's Agent
Alice Barber
Exit Realty Advantage
Sold Price
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Oelshlegel Joseph
Bought by
Lukaszyk William and Lukaszyk Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
8.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Krauss Steven $545,000 American Land Title
Grant Erin Bies $188,000 Multiple
Lukaszyk William $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krauss Steven $478,225
Previous Owner Grant Erin $139,000
Previous Owner Lukaszyk William $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $545,000 0.0% $261 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $544,900 0.0% $261 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $544,900 0.0% $261 / Sq Ft
12/14/2022 12/14/22 Off Market $545,000 -- --
11/14/2022 11/14/22 Price Changed $544,900 -6.1% $261 / Sq Ft
10/05/2022 10/05/22 Price Changed $580,000 -7.2% $278 / Sq Ft
09/07/2022 09/07/22 Price Changed $624,900 -3.7% $300 / Sq Ft
07/12/2022 07/12/22 Price Changed $649,000 -5.8% $311 / Sq Ft
06/27/2022 06/27/22 Price Changed $689,000 -8.1% $330 / Sq Ft
06/16/2022 06/16/22 For Sale $750,000 +298.9% $360 / Sq Ft
10/17/2014 10/17/14 Sold $188,000 -- --
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 $6,838 $543,400 $279,500 $263,900
2023 $6,299 $226,500 $71,000 $155,500
2022 $6,299 $226,500 $71,000 $155,500
2021 $5,197 $226,500 $71,000 $155,500
2020 $6,077 $226,500 $71,000 $155,500
2019 $5,930 $226,500 $71,000 $155,500
2018 $5,724 $226,500 $71,000 $155,500
2017 $5,681 $226,500 $71,000 $155,500
2016 $4,648 $186,800 $71,000 $115,800
2015 $4,704 $190,900 $122,500 $68,400
2014 $3,908 $190,900 $122,500 $68,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kevin Stewart

    Keller Williams Preferred Properties, Ship Bottom

    (732) 581-0300

    1 in this area

    28 Total Sales

    Section Image
  • Domenica (Mimi) Krauss

    Buyer's Agent in 2023

    Domenica (Mimi) Krauss

    Fathom Realty NJ

    (732) 620-5667

    2 in this area

    17 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Margaret Frey

    RE/MAX

  • A

    Buyer's Agent in 2014

    Alice Barber

    Exit Realty Advantage

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22218633

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00084-0000-00002

New Jersey Ocean County Ocean Gate 08721

205 Narragansette Ave, Ocean Gate, NJ

This home is located at 205 Narragansette Ave, Ocean Gate, NJ 08740 since 16 June 2022 and is currently estimated at $636,156, approximately $304 per square foot. This property was built in 1950. 205 Narragansette 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.

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