40 E Point Pleasant Ave Ocean Gate, NJ 08740
Ocean Gate NeighborhoodEstimated Value: $371,000 - $420,000
3
Beds
1.5
Baths
1,248
Sq Ft
$325/Sq Ft
Est. Value
Highlights
- New Kitchen
- Deck
- Enclosed patio or porch
- Cape Cod Architecture
- No HOA
- 1 Car Detached Garage
About This Home
As of September 2023Welcome to Ocean Gate! This home is walking distance to Ocean Gate Beach, Boardwalk, Yacht Club, and minutes to B2 Bistro & Bar for waterfront dining. New siding, new roof, AC and hot water heater will take care of you for decades to come. All new flooring throughout, Frigidaire stainless steel appliance package in the kitchen, and a second-floor primary bedroom with high ceilings, a half bathroom that can be turned into an en suite and walk in closet. Looking for an investment? Turn this into a summer rental income property to cover your expenses!
Last Listed By
Keller Williams Preferred Properties, Ship Bottom License #1431542 Listed on: 08/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,839
Year Built
- Built in 1916
Lot Details
- Fenced
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Cape Cod Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,248 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet on the upper level
- Ceiling Fan
- Light Fixtures
- Sliding Doors
- Partially Finished Basement
Kitchen
- New Kitchen
- Breakfast Bar
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Linoleum
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Enclosed patio or porch
Schools
- Ocean Gate Elementary School
- Central Reg Middle School
- Central Regional High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-00019-00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2023
Closed on
Sep 20, 2023
Sold by
Wagner Dan and Steigelmann Kristan Dally
Bought by
Schuck Jacob
Seller's Agent
Ruben Nazario
Keller Williams Preferred Properties, Ship Bottom
Buyer's Agent
Samantha Jo Shinn
Real Estate, LTD
List Price
$384,900
Sold Price
$385,000
Premium/Discount to List
$100
0.03%
Total Days on Market
46
Views
820
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,384
Avg. Annual Appreciation
3.71%
Original Mortgage
$350,000
Outstanding Balance
$344,664
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$63,877
Purchase Details
Listed on
Jan 8, 2020
Closed on
Jun 23, 2020
Sold by
Talarico James
Bought by
Wanger Dan and Dteigelmann Kristan Dally
Seller's Agent
Robin Bahr
Keller Williams Preferred Properties,Bayville
Buyer's Agent
Ruben Nazario
Greater Coastal Realty
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.64%
Original Mortgage
$206,196
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 8, 2005
Sold by
Paglia Kathleen R
Bought by
Talarico James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
5.92%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 9, 1997
Sold by
Clark Larry F and Clark Frances M
Bought by
Paglia Kathleen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,450
Interest Rate
7.31%
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Similar Homes in Ocean Gate, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuck Jacob | $385,000 | Green Label Title | |
| Wanger Dan | $210,000 | Foundation Title Llc | |
| Talarico James | $253,000 | Old Republic National Title | |
| Paglia Kathleen R | $71,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schuck Jacob | $350,000 | |
| Previous Owner | Wanger Dan | $206,196 | |
| Previous Owner | Talarico James | $186,100 | |
| Previous Owner | Talarico James | $37,900 | |
| Previous Owner | Talarico James | $202,400 | |
| Previous Owner | Paglia Kathleen R | $187,000 | |
| Previous Owner | Paglia Kathleen R | $67,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2023 09/22/23 | Sold | $385,000 | 0.0% | $308 / Sq Ft |
| 08/27/2023 08/27/23 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | For Sale | $384,900 | 0.0% | $308 / Sq Ft |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | For Sale | $384,900 | +83.3% | $308 / Sq Ft |
| 06/29/2020 06/29/20 | Sold | $210,000 | +5.1% | $162 / Sq Ft |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- |
| 04/17/2020 04/17/20 | Price Changed | $199,900 | -90.0% | $154 / Sq Ft |
| 04/17/2020 04/17/20 | Price Changed | $1,999,000 | +875.1% | $1,538 / Sq Ft |
| 03/10/2020 03/10/20 | Price Changed | $205,000 | -1.9% | $158 / Sq Ft |
| 02/02/2020 02/02/20 | Price Changed | $209,000 | -4.6% | $161 / Sq Ft |
| 01/09/2020 01/09/20 | For Sale | $219,000 | 0.0% | $168 / Sq Ft |
| 05/01/2014 05/01/14 | Rented | $18,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $4,839 | $318,300 | $146,000 | $172,300 |
| 2023 | $4,458 | $160,300 | $57,600 | $102,700 |
| 2022 | $4,458 | $160,300 | $57,600 | $102,700 |
| 2021 | $4,267 | $160,300 | $57,600 | $102,700 |
| 2020 | $4,301 | $160,300 | $57,600 | $102,700 |
| 2019 | $4,197 | $160,300 | $57,600 | $102,700 |
| 2018 | $4,051 | $160,300 | $57,600 | $102,700 |
| 2017 | $4,020 | $160,300 | $57,600 | $102,700 |
| 2016 | $3,988 | $160,300 | $57,600 | $102,700 |
| 2015 | $3,911 | $191,900 | $100,000 | $91,900 |
| 2014 | $3,928 | $191,900 | $100,000 | $91,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Nazario
Seller's Agent in 2023
Ruben Nazario
Keller Williams Preferred Properties, Ship Bottom
(609) 339-4520
3 in this area
98 Total Sales
-
S
Buyer's Agent in 2023
Samantha Jo Shinn
Real Estate, LTD
-
R
Seller's Agent in 2020
Robin Bahr
Keller Williams Preferred Properties,Bayville
-
Diana Dynov
D
Seller's Agent in 2014
Diana Dynov
Keller Williams Realty Monmouth/Ocean
(908) 907-5513
21 Total Sales
-
N
Buyer's Agent in 2014
NON MEMBER
VRI Homes
-
N
Buyer's Agent in 2014
NON MEMBER MORR
NON MEMBER
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22318205
APN: 22-00019-0000-00004
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Information is deemed reliable but not guaranteed.
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