NOT LISTED FOR SALE

Estimated Value: $629,000 - $830,515

0.14 Acre
$5,125,036 Price per Acre
6,098 Sq Ft Lot

Last Sold August 13, 2020

Last sale price $118,500

Est. 505% increase in value since last sale

Current estimated payment $4,953/month

6 Days on Market

About This Lot

As of August 2020

Come Build Your Dream House 1 Block from the Beach Bay. Rare find. Closest piece of vacant land for sale near the beach. Ocean Gate is the Shores Best Kept Secret. Seasonal Community activities include Swimming, Boating, Fireworks, Community Yard Sale, Parade .Land is 60x100. Must obtain all information and building permits from Ocean Gate Borough and Ocean County before building. Owner has removed trees and stumps. Gas water and electric hook up at the street. Bring your dreams.

Last Listed By

Christine D'anzieri

Keller Williams Realty West Monmouth License #1005895 Listed on: 06/26/2020

Keller Williams Realty West Monmouth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,833

Year Built

  • 2022

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Level Lot

Schools

  • Central Regional High School

Additional Features

  • Bay Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 22-00050-0000-00002-01

Property Details

Property Type

Land

Est. Annual Taxes

$1,833

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Bayview: Yes
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Acres: 0.14
  • Waterfront Features: Bayview
  • Waterfront: No

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 22-00050-0000-00002-01
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1833.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 13, 2020
Sold by
Perroita Francine
Bought by
Salvo Todd R and Salvo Robyn L
Seller's Agent
Christine D'anzieri
Keller Williams Realty West Monmouth
Buyer's Agent
Theresa Schiazza
Weichert Realtors
List Price
$111,000
Sold Price
$118,500
Premium/Discount to List
$7,500
6.76%
Total Days on Market
6
Current Estimated Value
$717,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,005
Avg. Annual Appreciation
48.25%

Purchase Details

Closed on
Oct 31, 2011
Sold by
Purcaro Patrice and Purcaro Louis
Bought by
Perrotta Francine

Purchase Details

Closed on
Aug 17, 2010
Sold by
Purcaro Bryan K and Mendoza Kimberly
Bought by
Purcaro Patrice K and Purcaro Keith

Range of Values:

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Average Value
Not Available
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
Salvo Todd R $118,500 Group 21 Title Agency Llc
Perrotta Francine $98,000 Old Republic National Title
Purcaro Patrice K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvo Robyn L $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $118,500 +6.8% --
07/02/2020 07/02/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $111,000 -- --
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
2024 $11,475 $601,000 $185,000 $416,000
2023 $10,571 $380,100 $70,000 $310,100
2022 $1,947 $70,000 $70,000 $0
2021 $1,863 $70,000 $70,000 $0
2020 $1,878 $70,000 $70,000 $0
2019 $1,833 $70,000 $70,000 $0
2018 $1,769 $70,000 $70,000 $0
2017 $1,756 $70,000 $70,000 $0
2016 $1,742 $70,000 $70,000 $0
2015 $2,344 $115,000 $115,000 $0
2014 $2,354 $115,000 $115,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22020898

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00050-0000-00002-01