NOT LISTED FOR SALE

302 Narragansette Ave Ocean Gate, NJ 08740

Estimated Value: $477,000 - $525,202

5 Beds
2 Baths
1,713 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $455,000 $266 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,114/month

20 Days on Market

Highlights

  • Water Views
  • Sun or Florida Room
  • No HOA
  • Loft
  • Corner Lot
  • Breakfast Room

About This Home

As of April 2024

A unique and special property that is quintessentially Ocean Gate! Just a block to the mile long beach and boardwalk, set on an oversized corner lot and bursting with opportunity. This 5 bedroom one level custom home features 2 full bathrooms, a spacious front living room with views down to the beach and river, large eat-in-kitchen, laundry room, walk up attic and screened in porch off the back of the house. The yard has a large shed and plenty of off street parking. This home would be a great fit for a seasonal residence or year round living and offers room for possible expansion or adding up. Make your plans today to see all that this ''Windy Corner'' of Ocean Gate has to offer!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 02/24/2024

RE/MAX Gateway

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 02/24/2024

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,365

Year Built

  • Built in 1926

Lot Details

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

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,713 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room
  • Breakfast Room
  • Loft
  • Sun or Florida Room
  • Water Views
  • Crawl Space
  • Walkup Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00075-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,365

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic - Walk Up, Recessed Lighting
  • Year Built: 1926
  • Contract Info List PriceSqFt: 250.96
  • 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
  • Lot Description Corner Lot: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Recessed Lighting: Yes
  • Style Ranch: Yes
  • Lot Description Oversized3: Yes
  • Rooms Breakfast: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Rooms Loft2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exterior Features: Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric, See Remarks, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: 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 #: 22-00075-0000-00011
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5365.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Apr 1, 2024
Sold by
Ohara John J and Ohara Kevin J
Bought by
Smith Edward and Smith Marguerite
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$429,900
Sold Price
$455,000
Premium/Discount to List
$25,100
5.84%
Views
122
Current Estimated Value
$493,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,801
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Oct 19, 2023
Sold by
Unknown
Bought by
Ohara John J and Ohara Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Edward $455,000 None Listed On Document
Smith Edward $455,000 None Listed On Document
Ohara John J -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $455,000 +5.8% $266 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $429,900 -- $251 / 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
2025 $6,195 $376,800 $183,800 $193,000
2024 $5,824 $376,800 $183,800 $193,000
2023 $5,365 $192,900 $71,000 $121,900
2022 $5,365 $192,900 $71,000 $121,900
2021 $5,135 $192,900 $71,000 $121,900
2020 $5,176 $192,900 $71,000 $121,900
2019 $5,050 $192,900 $71,000 $121,900
2018 $4,875 $192,900 $71,000 $121,900
2017 $4,838 $192,900 $71,000 $121,900
2016 $4,799 $192,900 $71,000 $121,900
2015 $4,001 $196,300 $122,500 $73,800
2014 $4,018 $196,300 $122,500 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22405013

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00075-0000-00011