NOT LISTED FOR SALE

301 Ocean Gate Ave Ocean Gate, NJ 08740

Ocean Gate Area
6 Beds
2 Baths
2,750 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: August 29, 2018

Last sale price $280,000 $102 Per Sq Ft

123 Days on Market

Highlights

  • Water Views
  • Deck
  • Forced Air Heating System

About This Home

As of August 2018

Large Mulit-Family property in Ocean Gate less than 2 blocks from the mile long beach and boardwalk on the Toms River! This recently updated 2 unit home has 3 bedrooms and a full bathroom on the first floor and the same on the second floor with separate entrances. This is a unique opportunity in this up and coming and evolving beach town to have 2 income producing units, or live in/summer in one and rent out the other. The property has recently been completely overhauled both inside and out, and is located on ''The Avenue'' with an eclectic and charming mix of residential homes, shops, restaurants, stores and the Historic Ocean Gate Yacht Club, plus it's only a short ride to the ocean beaches of Seaside and Lavalette. Don't miss your chance to see what possibilities may be in store for you

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 02/12/2018

RE/MAX Gateway

Co-Listed By

John Glancy

RE/MAX at Barnegat Bay License #8830435

Last Buyer's Agent

Joseph Palatnik

Weichert Realtors-Toms River License #0678955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,227

Year Built

  • Built in 1950

Lot Details

  • 3,920

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Central Regional High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 40 x 100

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 22-00024-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,227

Year Built

Built in 1950

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 1420
  • Co List Office Phone: 732-473-1700
  • Subdivision Name: None
  • Year Built: 1950
  • Contract Info List PriceSqFt: 105.42
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 22-00024-0000-00001

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6227.0
  • Tax Other Annual Assessment Amount: 248300.0

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

Closed on
Feb 19, 2019
Sold by
Bought by

Purchase Details

Listed on
Feb 12, 2018
Closed on
Aug 29, 2018
Sold by
Bought by
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Joseph Palatnik
Weichert Realtors-Toms River
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2012
Closed on
Apr 18, 2013
Sold by
Bought by
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay - Toms River
Buyer's Agent
John Glancy
RE/MAX at Barnegat Bay - Toms River
List Price
$199,000
Sold Price
$125,000
Premium/Discount to List
-$74,000
-37.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.20%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2007
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
$315,000
Interest Rate
0.0637%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
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
$25,000
Interest Rate
0.0617%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$209,347 Fidelity National Ttl Ins Co
$280,000 None Available
$125,000 None Available
-- None Available
$350,000 None Available
$250,000 Fidelity Natl Title Ins Co
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 $210,000
Previous Owner $315,000
Previous Owner $25,000
Previous Owner $200,000
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 Prior Sale
08/29/2018 08/29/18 Sold $280,000 +124.0% $102 / Sq Ft
04/18/2013 04/18/13 Sold $125,000 -37.2% -- View Prior Sale
04/12/2013 04/12/13 Pending -- -- --
05/30/2012 05/30/12 For Sale $199,000 -- --
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 $10,514 $577,400 $146,000 $431,400
2025 $10,514 $577,400 $146,000 $431,400
2024 $7,496 $577,400 $146,000 $431,400
2023 $6,905 $248,300 $66,700 $181,600
2022 $6,905 $248,300 $66,700 $181,600
2021 $6,610 $248,300 $66,700 $181,600
2020 $6,662 $248,300 $66,700 $181,600
2019 $6,500 $248,300 $66,700 $181,600
2018 $6,275 $248,300 $66,700 $181,600
2017 $6,227 $248,300 $66,700 $181,600
2016 $6,178 $248,300 $66,700 $181,600
2015 $6,153 $301,900 $100,000 $201,900
2014 $6,180 $301,900 $100,000 $201,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21805152

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22 00024-0000-00001

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