NOT LISTED FOR SALE

345 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $804,000 - $992,689

4 Beds
2.5 Baths
2,563 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $864,999 $337 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,838/month

11 Days on Market

Highlights

  • Bay View
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of September 2023

Welcome home to this premium location sitting on the Ocean Gate Boardwalk w/ breathtaking water views of Toms River & Barnegat Bay! Step outside your backyard & walk the Ocean Gate Boardwalk or sit on the beach! As you step inside, you are greeted to the spacious eat-in kitchen leading into the formal dining area finished w/ wood flooring which flows into the living room featuring a gas fireplace, creating a warm & welcoming ambiance. Adjacent to the living room, the family room boasts picturesque water views complete with sliding doors out to your backyard equipped w/ a deck. The 1st floor owner's bedroom features a private en-suite equipped w/ stall shower. Additionally, the second bedroom on this level features its own private half bath. The hall bath comes equipped w/ a tub shower. Two additional bedrooms located on the second floor along w/ an additional bonus area offering a versatile use of space. Bilco doors lead into the yankee basement. Enjoy the lifestyle Ocean Gate has to offer, this home is close to Ocean Gate Yacht Club, Ocean Gate Beach & Boardwalk, restaurants & easy accessibilty to major roadways. Your Jersey Shore lifestyle awaits! Call to see this today!

Last Agent to Sell the Property

Patrick Meehan

RE/MAX New Beginnings Realty-Toms River Listed on: 07/17/2023

Last Buyer's Agent

John Galamb

J.J. Elek Realty Guarantee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,911

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 70 x 93

Property Views

  • Bay
  • River

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,563 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Basement
  • Basement Hatchway

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Exterior Lighting

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 22-00051-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Riverview
  • Inclusions: Washer, Dishwasher, Dryer, Stove, Stove Hood, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Wood, Other
  • Reso Interior Features: Sliding Door
  • New Construction: No
  • Contract Info List PriceSqFt: 331.64
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 70 x 93
  • Location Middle School: Central Reg Middle
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Living Room Fireplace - Gas7: Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Water Type Bayview: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Water Type Riverview: Yes
  • Lot Description Riverview2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Bilco Style Doors, Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Waterfront Features: Bayview, Riverview
  • Waterfront: No
  • Exclusions: Personal Property.
  • Exterior Features: Deck, Other, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

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: 70 x 93
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 22-00051-0000-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11911.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 29, 2023
Sold by
Laursen Ilene M
Bought by
Asad Leubna and Zaatreh Megdad
Seller's Agent
Patrick Meehan
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
John Galamb
J.J. Elek Realty Guarantee
List Price
$850,000
Sold Price
$864,999
Premium/Discount to List
$14,999
1.76%
Views
454
Current Estimated Value
$887,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,673
Avg. Annual Appreciation
1.15%
Original Mortgage
$652,000
Outstanding Balance
$637,779
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$249,893

Purchase Details

Closed on
Nov 22, 2016
Sold by
Stanley Nadine
Bought by
Stanley Nadine

Purchase Details

Closed on
Sep 22, 1988
Bought by
Stanley William J and Stanley Nadine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Asad Leubna $844,999 Catic Title
Asad Leubna $844,999 Catic Title
Stanley Nadine -- --
Stanley William J $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asad Leubna $652,000
Closed Asad Leubna $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $864,999 +1.8% $337 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $850,000 -- $332 / 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 $14,010 $852,200 $515,000 $337,200
2024 $12,930 $852,200 $515,000 $337,200
2023 $11,911 $428,300 $252,000 $176,300
2022 $11,911 $428,300 $252,000 $176,300
2021 $11,401 $428,300 $252,000 $176,300
2020 $11,491 $428,300 $252,000 $176,300
2019 $11,213 $428,300 $252,000 $176,300
2018 $10,823 $428,300 $252,000 $176,300
2017 $10,742 $428,300 $252,000 $176,300
2016 $10,656 $428,300 $252,000 $176,300
2015 $10,551 $517,700 $349,800 $167,900
2014 $10,597 $517,700 $349,800 $167,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22319495

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00051-0000-00012