NOT LISTED FOR SALE

340 E Long Branch Ave Ocean Gate, NJ 08740

Estimated Value: $307,000 - $354,000

2 Beds
1 Bath
800 Sq Ft
$408/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $160,000 $200 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,047/month

Highlights

  • New Kitchen
  • Crown Molding
  • Recessed Lighting
  • Deck
  • Living Room
  • Entrance Foyer

About This Home

As of March 2024

Annual rental located just a few blocks from the famous mile-long Ocean Gate beach and boardwalk! This home features two bedrooms, an updated kitchen with stainless steel appliances and eat-in area, central air, a mudroom and a large back deck with direct access through the sliders in the separate laundry room. Come and find out everything Ocean Gate has to offer!

Last Agent to Rent the Property

Robert Kosinski

RE/MAX Gateway License #1643938 Listed on: 01/31/2024

RE/MAX Gateway

Last Renter's Agent

Robert Kosinski

RE/MAX Gateway License #1643938 Listed on: 01/31/2024

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1950

Lot Details

  • 2,614

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Utility Room
  • Linoleum Flooring
  • Crawl Space

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Deck
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,925
  • Assessor Parcel Number 22-00048-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,895

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.06
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Living Room Dec Molding3: Yes
  • Maintenance Fees Security Deposit3: 2925.0
  • Lease Requirements Security Deposit4: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 22-00048-0000-00007

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Sep 22, 2021
Sold by
Lonon Asia B
Bought by
11 West Arverne Llc
Seller's Agent
Marcello Carboni
RE/MAX at Barnegat Bay
Buyer's Agent
Marcello Carboni
Coldwell Banker Realty
Sold Price
$20,400
Current Estimated Value
$326,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,791
Avg. Annual Appreciation
18.07%
Original Mortgage
$160,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jun 15, 2015
Sold by
Nguyen Luy and Nguyen Cam
Bought by
Lonon Asia B
Seller's Agent
Louie Nguyen
Keller Williams Realty Central Monmouth
Buyer's Agent
Mark Meyers
LBO Realty
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$126,663
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 7, 2012
Closed on
Jan 2, 2013
Sold by
Alter Dana Spirito
Bought by
Nguyen Luy and Nguyen Cam
Seller's Agent
Jennifer Niedrach
Weichert Realtors-Jackson
Buyer's Agent
Jennifer Niedrach
Weichert Realtors-Freehold
Sold Price
$21,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.43%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Spirito Anthony S
Bought by
Spirito Dana M
Source: Public Records

Range of Values:

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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
11 West Arverne Llc $160,000 Fit Agency Llc
Lonon Asia B $129,000 Anchor Title Agency
Nguyen Luy $21,000 None Available
Spirito Dana M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11 West Arverne Llc $160,000
Previous Owner Lonon Asia B $126,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $23,400 +1100.0% --
02/12/2024 02/12/24 Under Contract -- -- --
01/31/2024 01/31/24 For Rent $1,950 -90.4% --
10/15/2021 10/15/21 Rented $20,400 +1100.0% --
09/30/2021 09/30/21 For Rent $1,700 0.0% --
09/29/2021 09/29/21 Sold $160,000 -20.0% $179 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $199,900 0.0% $224 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $199,900 0.0% $224 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $199,900 +55.0% $224 / Sq Ft
06/12/2015 06/12/15 Sold $129,000 +514.3% $144 / Sq Ft
01/02/2013 01/02/13 Sold $21,000 -- $23 / 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 $3,895 $236,900 $125,600 $111,300
2024 $3,487 $236,900 $125,600 $111,300
2023 $3,212 $115,500 $55,100 $60,400
2022 $3,212 $115,500 $55,100 $60,400
2021 $3,096 $116,300 $55,100 $61,200
2020 $3,120 $116,300 $55,100 $61,200
2019 $3,045 $116,300 $55,100 $61,200
2018 $2,939 $116,300 $55,100 $61,200
2017 $2,917 $116,300 $55,100 $61,200
2016 $2,894 $116,300 $55,100 $61,200
2015 $2,992 $146,800 $91,000 $55,800
2014 $3,005 $146,800 $91,000 $55,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22402737

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00048-0000-00007