NOT LISTED FOR SALE

40 E Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $328,000 - $431,000

3 Beds
1.5 Baths
1,248 Sq Ft
$319/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $385,000 $308 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,621/month

46 Days on Market

About This Home

As of September 2023

Welcome 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 Agent to Sell the Property

Ruben Nazario

Keller Williams Preferred Properties, Ship Bottom License #1431542 Listed on: 08/04/2023

Keller Williams Preferred Properties, Ship Bottom

Last Buyer's Agent

Samantha Jo Shinn

Real Estate, LTD

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%
Views
820
Current Estimated Value
$398,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,277
Avg. Annual Appreciation
1.96%
Original Mortgage
$350,000
Outstanding Balance
$344,664
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$53,613

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%
Source: Public Records

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Range of Values:

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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
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

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
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22318205

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00019-0000-00004