NOT LISTED FOR SALE

23 E Point Pleasant Ave Ocean Gate, NJ 08740

Ocean Gate Neighborhood

Estimated Value: $439,000 - $595,000

2 Beds
3 Baths
1,308 Sq Ft
$371/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $385,000 $294 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,252/month

22 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Granite Countertops
  • Deck
  • Shore Colonial Architecture
  • No HOA

About This Home

As of August 2023

Charming Ocean Gate Gem: Meticulously Restored and Beautifully maintained! Step into the charm of yesteryear, tastefully restored with modern comforts. This elegant home features original wood floors and woodwork, a new modern kitchen complete with stainless steel appliances, farm sink and a convenient full bath and laundry room, discreetly tucked behind the kitchen. Venture upstairs to discover two delightful bedrooms, each boasting its own private en suite, ensuring optimal comfort and privacy. Prepare to be awestruck by the master bath, an oasis of luxury featuring a full rain shower, body sprayers and a separate clawfoot tub, perfect for indulgent relaxation. The back patio area is a haven for outdoor enjoyment, complete with durable Trex decking, an outdoor shower for sandy beach days, and an oversized shed that doubles as storage and an office space, (complete w/ electric, heat and air). Additional storage in the DRY basement. This Ocean Gate treasure is ideally located in a sought-after community, providing proximity to the stunning Ocean Gate boardwalk and beach, and charming local shops and enticing dining option. Don't miss your chance to own this remarkable home.

Last Listed By

Victoria Trapp

Keller Williams Preferred Properties,Bayville License #1644245 Listed on: 06/15/2023

Keller Williams Preferred Properties,Bayville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 1917

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Fenced
  • Historic Home

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Parking

  • Double-Wide Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered patio or porch
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00020-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,043

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Historic, Shore Colonial
  • Reso Other Structures: Storage Shed
  • Year Built: 1917
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Cooling Multi Units: Yes
  • Siding Wood2: Yes
  • Style Historic: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Deck, Fence, Outdoor Shower, Patio, Shed, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Double Wide Drive, On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, See Remarks
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00020-0000-00018
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6043.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 21, 2023
Sold by
Abrams Miles D and Abrams Sarah J
Bought by
Alvarez Kelly A
Seller's Agent
Victoria Trapp
Keller Williams Preferred Properties,Bayville
Buyer's Agent
John Laico
RE/MAX 1st. Advantage
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Total Days on Market
22
Views
182
Current Estimated Value
$485,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,546
Avg. Annual Appreciation
7.81%
Original Mortgage
$308,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2018
Sold by
Murphy William A and Hughes Dianne
Bought by
Abrams Miles D and Culp Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2014
Sold by
Adrian Loren and Adrian Evelyn
Bought by
Murphy William A and Murphy Dianne

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 Buyer Sale Price Title Company
Alvarez Kelly A $385,000 Chicago Title
Abrams Miles D $235,000 Westcor Land Title Ins Co
Murphy William A $60,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Kelly A $308,000
Previous Owner Abrams Miles D $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $385,000 0.0% $294 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $385,000 -3.8% $294 / Sq Ft
06/15/2023 06/15/23 For Sale $400,000 +70.2% $306 / Sq Ft
08/21/2019 08/21/19 Sold $235,000 -- $181 / 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 $6,560 $416,200 $146,000 $270,200
2023 $6,043 $217,300 $57,600 $159,700
2022 $6,043 $217,300 $57,600 $159,700
2021 $5,785 $217,300 $57,600 $159,700
2020 $5,830 $217,300 $57,600 $159,700
2019 $3,265 $124,700 $57,600 $67,100
2018 $3,151 $124,700 $57,600 $67,100
2017 $3,127 $124,700 $57,600 $67,100
2016 $3,103 $124,700 $57,600 $67,100
2015 $3,579 $175,600 $100,000 $75,600
2014 $3,595 $175,600 $100,000 $75,600
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22315209

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00020-0000-00018