318 E Cape May Ave Ocean Gate, NJ 08740
Estimated payment $4,936/month
Highlights
- New Construction
- Deck
- Quartz Countertops
- Custom Home
- Bonus Room
- No HOA
About This Home
Welcome home to this exceptional new-construction to be completed by Spring 2026. This colonial style home just four blocks from the Ocean Gate Bay Beach. Offering 2,466 sq ft of thoughtfully designed living space, this home is built for today's evolving lifestyles with quality craftsmanship throughout. There is still time to select your desired counters, floors, paint colors and more! The inviting layout features 3 bedrooms, 3 full bathrooms, and a first-floor home office that can easily function as a 4th bedroom, thanks to direct access to a full bath. The main level offers 9-foot ceilings, luxury vinyl plank flooring, a spacious dining room, an eat-in kitchen, and an open-concept great room with dramatic 18-foot ceilings and sliding access to the rear covered deck. The designer kitchen is beautifully appointed with 42'' wood cabinetry topped with crown molding quartz countertops with backsplash, an extra-deep stainless-steel sink, Moen pull-out faucet, and a full suite of Samsung stainless appliances, including a self-cleaning range, microwave, and dishwasher. Upstairs, the private primary bedroom suite offers a relaxing retreat complete with a beautifully finished bathroom and generous closet space. Two additional bedrooms and a well-appointed main bath complete the second floor. Additional features include: Covered front porch & rear covered deck, Oak staircase with white banisters, Ceramic-tiled bathrooms with quartz vanities, 200-amp electrical service, Forced hot air heating & cooling, Tankless water heater, Energy Star windows, 30-year Timberline roof shingles,Insulated exterior doors & insulated garage doors with openers, Fenced backyard, paved driveway, and concrete sidewalks Located in a highly desirable section of Ocean Gatejust moments from beaches, boardwalk, Route 9, and the Garden State Parkwaythis home delivers both convenience and coastal charm. Schedule your private showing today and experience the best of new-construction living!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,838
Year Built
- New Construction
Lot Details
- 0.28 Acre Lot
- Fenced
Parking
- 2 Car Attached Garage
Home Design
- Custom Home
- Colonial Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,466 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling height of 9 feet on the main level
- Recessed Lighting
- Sliding Doors
- Bonus Room
- Crawl Space
Kitchen
- Stove
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Wall to Wall Carpet
- Linoleum
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Ocean Gate Elementary School
- Central Reg Middle School
- Central Regional High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-00045-0000-00002
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,838 | $355,100 | $195,500 | $159,600 |
| 2024 | $5,851 | $355,100 | $195,500 | $159,600 |
| 2023 | $5,390 | $193,800 | $84,100 | $109,700 |
| 2022 | $5,390 | $193,800 | $84,100 | $109,700 |
| 2021 | $5,159 | $193,800 | $84,100 | $109,700 |
| 2020 | $5,200 | $193,800 | $84,100 | $109,700 |
| 2019 | $5,074 | $193,800 | $84,100 | $109,700 |
| 2018 | $4,897 | $193,800 | $84,100 | $109,700 |
| 2017 | $4,861 | $193,800 | $84,100 | $109,700 |
| 2016 | $4,822 | $193,800 | $84,100 | $109,700 |
| 2015 | $5,040 | $247,300 | $137,500 | $109,800 |
| 2014 | $5,062 | $247,300 | $137,500 | $109,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $845,000 | +138.0% | $343 / Sq Ft | |
| 10/10/2024 10/10/24 | Sold | $355,000 | -6.6% | $360 / Sq Ft | View Prior Sale |
| 08/12/2024 08/12/24 | Pending | -- | -- | -- | |
| 07/21/2024 07/21/24 | For Sale | $379,900 | -- | $385 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $355,000 | Pegasus Title | |
| Deed | $355,000 | Pegasus Title | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | No Value Available |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22534911
APN: 22-00045-0000-00002
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