NOT LISTED FOR SALE

344 E Arverne Ave Ocean Gate, NJ 08740

Estimated Value: $298,000 - $413,518

3 Beds
2 Baths
1,128 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $125,000 $111 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,252/month

114 Days on Market

Highlights

  • No HOA
  • Living Room
  • Fenced
  • Cooling Available
  • Dining Room
  • Storage Shed

About This Home

As of March 2017

Affordable 3 bedroom / 2 bath home wants a new owner. Why rent when you can buy and build equity? Ocean Gate is nestled nicely along the mouth of the Toms River and the beautiful Barnegat Bay featuring sandy beaches and a classic-style wooden boardwalk. Home within walking distance. This is your chance to be a homeowner.

Last Agent to Sell the Property

Stephen Krug

Birchler Realtors Listed on: 08/24/2016

Last Buyer's Agent

Brendan Pierce

Keller Williams Shore Properties License #0344391

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,567

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 40 x 100
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Parking

  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Schools

  • Central Regional High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00044-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,567

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Other Structures: Storage Shed
  • Year Built: 1960
  • 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
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Style Ranch: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Basement:Crawl Space: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 22-00044-0000-00005
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3567.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Pantaleon Jose M
Bought by
Lovaglio Salvatore
Current Estimated Value
$358,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,870
Outstanding Balance
$151,409
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$217,249

Purchase Details

Listed on
Aug 24, 2016
Closed on
Mar 28, 2017
Sold by
Samul Francis S
Bought by
Lo Vaglio Jr Salvatore and Pantaleon Jose M
Seller's Agent
Stephen Krug
Birchler Realtors
Buyer's Agent
Brendan Pierce
Keller Williams Shore Properties
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%
Original Mortgage
$122,735
Interest Rate
4.37%
Mortgage Type
FHA
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
Lovaglio Salvatore -- Counsellors Title Agency Inc
Lo Vaglio Jr Salvatore $125,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovaglio Salvatore $166,870
Closed Lo Vaglio Jr Salvatore $122,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $125,000 -- $111 / 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 $4,243 $258,100 $136,000 $122,100
2024 $3,919 $258,100 $136,000 $122,100
2023 $3,610 $129,800 $60,700 $69,100
2022 $3,610 $129,800 $60,700 $69,100
2021 $3,455 $129,800 $60,700 $69,100
2020 $3,483 $129,800 $60,700 $69,100
2019 $3,398 $129,800 $60,700 $69,100
2018 $3,280 $129,800 $60,700 $69,100
2017 $3,255 $129,800 $60,700 $69,100
2016 $3,229 $129,800 $60,700 $69,100
2015 $3,567 $175,000 $100,000 $75,000
2014 $3,582 $175,000 $100,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21633381

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00044-0000-00005