NOT LISTED FOR SALE

350 E Riviera Ave Ocean Gate, NJ 08740

Estimated Value: $422,000 - $1,416,487

5 Beds
2.5 Baths
896 Sq Ft
$971/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $455,000 $508 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,246/month

66 Days on Market

Highlights

  • Waterfront
  • Deck
  • Attic
  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2015

Centrally located on the Ocean Gate Boardwalk giving you panoramic views of the gorgeous Toms River and Barnegat Bay.This is a legal 2 Family that is grandfathered in as non conforming use. The main house features 3 bedrooms and 1.5 baths. Wood burning fireplace, vaulted ceilings upstairs with gorgeous roof top views of the beach and river. Moor your boat or jet ski right out front and enjoy your own beach. This property also has a nice yard for barbecuing, entertaining and gardening. Live in the main house and rent the apartment above the garage for extra income. It ALSO has amazing water views. This apartment is adorable and efficient featuring 2 bedrooms and 1 bathroom. This is a great property with endless possibilities. Don't forget to check out the outside shower. Come see today! NEW TANKLESS HOT WATER HEATER, GAS FURNACE AND AIR. ALL APPLIANCES INCLUDED AND SOME FURNITURE.

Last Agent to Sell the Property

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 05/30/2015

RE/MAX at Barnegat Bay

Last Buyer's Agent

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 05/30/2015

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,823

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 45 x 98
  • Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Water Views
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Schools

  • Central Regional High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00051-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,823

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic
  • Year Built: 1920
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 45 x 98
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • ExteriorOutdoorShower: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: Yes
  • Exterior Features: Deck, Outdoor Shower, Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 45 x 98
  • Parcel #: 22-00051-0000-00013

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8823.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2017
Sold by
Nguyen Kimanh T
Bought by
Nguyen Kimanh T and Peralta Luis Cesar
Current Estimated Value
$869,829

Purchase Details

Listed on
May 30, 2015
Closed on
Aug 31, 2015
Sold by
Blackburn Kenneth A and Blackburn Louise M
Bought by
Nguyen Kimanh T
Seller's Agent
Cessna Statt
RE/MAX at Barnegat Bay
Buyer's Agent
Cessna Statt
RE/MAX at Barnegat Bay
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Nov 13, 2009
Sold by
Schmidt Ronald J and Canney Kevin
Bought by
Blackburn Kenneth Allen and Blackburn Louise Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Schmidt Ronald J and Canney Kevin
Bought by
Schmidt Ronald J and Canney Kevin

Purchase Details

Closed on
Oct 20, 2003
Sold by
Schmidt Ronlad J
Bought by
Schmidt Ronald L and Canney Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Kimanh T -- --
Nguyen Kimanh T $455,000 Agent For Old Republic Natl
Blackburn Kenneth Allen $472,500 Old Republic National Title
Schmidt Ronald J $83,333 Transnation Title Ins Co Inc
Schmidt Ronald L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blackburn Kenneth Allen $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $455,000 -- $508 / 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 $20,433 $1,242,900 $451,400 $791,500
2024 $18,733 $1,242,900 $451,400 $791,500
2023 $17,256 $620,500 $236,700 $383,800
2022 $17,256 $620,500 $236,700 $383,800
2021 $16,518 $620,500 $236,700 $383,800
2020 $16,648 $620,500 $236,700 $383,800
2019 $7,684 $293,500 $236,700 $56,800
2018 $10,641 $421,100 $236,700 $184,400
2017 $10,561 $421,100 $236,700 $184,400
2016 $10,477 $421,100 $236,700 $184,400
2015 $8,784 $431,000 $313,200 $117,800
2014 $8,823 $431,000 $313,200 $117,800
Source: Public Records

Agents Affiliated with this Home

  • Cessna Statt

    Seller's Agent in 2015

    Cessna Statt

    RE/MAX

    (609) 276-3135

    22 in this area

    98 Total Sales

    Cessna Statt
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21521103

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00051-0000-00013

New Jersey Ocean County Ocean Gate 08740

350 E Riviera Ave, Ocean Gate, NJ

Not Listed for Sale

Detached

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MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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