NOT LISTED FOR SALE

241 E Cape May Ave Ocean Gate, NJ 08740

Estimated Value: $399,000 - $446,603

3 Beds
1.5 Baths
1,161 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $350,000 $301 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,683/month

14 Days on Market

Highlights

  • Deck
  • No HOA
  • Sliding Doors
  • Wood Flooring
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of September 2022

If you are looking for a move in ready home, look no further! This charming ranch has 3 perfect sized bedrooms, a spacious full bathroom and a half bath in the master. The eat in kitchen is right off the open living room, allowing for plenty of space to entertain. The kitchen also leads right out to a beautiful and large backyard which includes a wooden deck to enjoy company or just a quiet moment alone. This sweet ranch is perfect for a family or any individual alone. It is within a few blocks of a private beach along the Toms River and there are multiple small parks and recreational areas around!

Last Agent to Sell the Property

Amanda Guide

Keller Williams Shore Properties License #2186774 Listed on: 08/08/2022

Keller Williams Shore Properties

Last Buyer's Agent

Wade Dew

RE/MAX Revolution License #1432955

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1982

Lot Details

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

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Sliding Doors
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal items and furniture
  • Assessor Parcel Number 22-00038-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,374

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Attic Fan, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Pull Down Stairs, Sliding Door
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1982
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 80 x 100
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Out Buildings Storage Shed: Yes
  • Parking Asphalt: Yes
  • SidingAluminum: Yes
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Included Attic Fan: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exclusions: Personal items and furniture
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Storage

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Asphalt, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: 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 #: 22-00038-0000-00013

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4374.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 23, 2022
Sold by
Pescatore Joseph and Pescatore Victoria
Bought by
Sherratt Brett S and Gentile Stacie M
Seller's Agent
Amanda Guide
Keller Williams Shore Properties
Buyer's Agent
Wade Dew
RE/MAX Revolution
List Price
$329,900
Sold Price
$350,000
Premium/Discount to List
$20,100
6.09%
Views
51
Current Estimated Value
$420,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,651
Avg. Annual Appreciation
6.34%
Original Mortgage
$343,660
Outstanding Balance
$329,538
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$91,113

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 27, 2020
Sold by
Briguglio John and Briguglio Lorraine
Bought by
Pescatore Joseph and Pescatore Victoria
Seller's Agent
Gail Ann Dykstra
ERA/ American Towne Realty
Buyer's Agent
AnnMarie Franz
RE/MAX at Barnegat Bay
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%
Original Mortgage
$223,100
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Burt Joseph L and Burt Colleen Jill
Bought by
Briguglio John and Briguglio Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.16%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 2005
Sold by
Plescia Dick A and Plescia Catherine
Bought by
Burt Joseph L and Burt Colleen Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Sherratt Brett S $350,000 Partners Title
Sherratt Brett S $350,000 Partners Title
Pescatore Joseph $230,000 Surety Ttl Agcy Coastal Regi
Briguglio John $235,000 First American Title Ins Co
Burt Joseph L $175,000 Land Title Svcs Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherratt Brett S $343,660
Closed Sherratt Brett S $343,660
Previous Owner Pescatore Joseph $223,100
Previous Owner Briguglio John $185,000
Previous Owner Burt Joseph L $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $350,000 +6.1% $301 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $329,900 +43.4% $284 / Sq Ft
07/02/2020 07/02/20 Sold $230,000 +2.2% --
06/11/2020 06/11/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $225,000 0.0% --
12/01/2016 12/01/16 Rented $18,000 +1185.7% --
09/22/2013 09/22/13 Rented -- -- --
09/22/2013 09/22/13 Under Contract -- -- --
06/17/2013 06/17/13 For Rent $1,400 -- --
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
2025 $5,539 $336,900 $188,500 $148,400
2024 $4,960 $336,900 $188,500 $148,400
2023 $4,569 $164,300 $74,700 $89,600
2022 $4,569 $164,300 $74,700 $89,600
2021 $4,374 $164,300 $74,700 $89,600
2020 $4,408 $164,300 $74,700 $89,600
2019 $4,301 $164,300 $74,700 $89,600
2018 $4,152 $164,300 $74,700 $89,600
2017 $4,121 $164,300 $74,700 $89,600
2016 $4,088 $164,300 $74,700 $89,600
2015 $4,200 $206,100 $122,500 $83,600
2014 $4,219 $206,100 $122,500 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22225006

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00038-0000-00013