NOT LISTED FOR SALE

317 E Long Branch Ave Ocean Gate, NJ 08740

Estimated Value: $420,000 - $439,000

3 Beds
1.5 Baths
1,200 Sq Ft
$357/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $235,000 $196 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,785/month

Highlights

  • Custom Home
  • Wood Flooring
  • No HOA
  • New Kitchen
  • Granite Countertops
  • Home Office

About This Home

As of July 2018

Lifted, updated and renovated custom shore home in the heart of Ocean Gate. Features to include hardwood floors, a brand new open kitchen, expansive 2nd floor bathroom, private back yard, new roof and systems and new moldings and fresh paint throughout. All this only 2 blocks to Ocean Gate's famous mile long beach and boardwalk on the Toms River. Come see what all the renewed buzz is about in this tucked away, up and coming beach community!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 03/21/2018

RE/MAX Gateway

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 03/21/2018

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40 x 100
  • Fenced

Parking

  • No Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

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
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00049-0000-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 1940
  • Contract Info List PriceSqFt: 207.92
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • BasementOther: Yes
  • Other Rooms:Study: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

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

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • 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: 40 x 100
  • Parcel #: 22-00049-0000-00019
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2704.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 12, 2018
Sold by
Newman Glen T
Bought by
Mackie Jason P and Mackie Laura A
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$235,000
Current Estimated Value
$428,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,233
Avg. Annual Appreciation
8.46%
Original Mortgage
$188,000
Outstanding Balance
$162,930
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$265,303

Purchase Details

Listed on
Jun 15, 2017
Closed on
Aug 25, 2017
Sold by
Us Bank Na
Bought by
Newman Glen T
Seller's Agent
AnnMarie Franz
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$55,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
415.52%
Original Mortgage
$50,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 24, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Us Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 2016
Sold by
Ocean County Sheriff
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 3, 2004
Sold by
Dolci Jodie and Devrous Scott
Bought by
Devrous Scott and Devrous Jodie L

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
5.47%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mackie Jason P $235,000 None Available
Newman Glen T $55,500 --
Us Bank Na -- --
Federal Home Loan Mortgage Corporation -- --
Devrous Scott -- Citizens Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackie Jason P $188,000
Previous Owner Newman Glen T $50,000
Previous Owner Us Bank Na $50,000
Previous Owner Devrous Scott $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $235,000 +323.4% $196 / Sq Ft
09/01/2017 09/01/17 Sold $55,500 -- $78 / Sq Ft View Prior Sale
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 $6,380 $388,100 $146,000 $242,100
2024 $6,678 $388,100 $146,000 $242,100
2023 $6,152 $221,200 $60,700 $160,500
2022 $6,152 $221,200 $60,700 $160,500
2021 $5,888 $221,200 $60,700 $160,500
2020 $5,935 $221,200 $60,700 $160,500
2019 $5,791 $221,200 $60,700 $160,500
2018 $2,724 $107,800 $60,700 $47,100
2017 $2,704 $107,800 $60,700 $47,100
2016 $2,682 $107,800 $60,700 $47,100
2015 $3,363 $165,000 $100,000 $65,000
2014 $3,378 $165,000 $100,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21810577

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00049-0000-00019