NOT LISTED FOR SALE

423 E Arverne Ave Ocean Gate, NJ 08740

Estimated Value: $437,000 - $523,228

3 Beds
3 Baths
1,517 Sq Ft
$309/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2020

Last sale price $243,670 $161 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,137 / mo

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Backs to Trees or Woods
  • Attic
  • Den

About This Home

As of October 2020

Ranch home situated on a large 60x168 lot PLUS...a sweet detached cottage! Great mother-daughter or investment property. Main home features Living room, large eat in kitchen, laundry area, master bedroom with full attached bath, 2nd bedroom, den, 2nd full bath & nice deck overlooking spacious fenced yard. Detached cottage privately set back on property offers kitchen/dine area, living room & master bedroom with attached full bath. Both properties have CA, natural gas heat & public utilities. 12X20 shed included too! Close proximity to waterfront/beaches and serene boardwalk in the quaint waterfront community of Ocean Gate. Hurry in for summer!

Last Agent to Sell the Property

Lori Petersen

RE/MAX at Barnegat Bay License #0122401 Listed on: 07/19/2020

RE/MAX at Barnegat Bay

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,273

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 60 x 178
  • Fenced
  • Level Lot
  • Backs to Trees or Woods

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,517 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

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
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Corner hutch & personal items
  • Assessor Parcel Number 22-00053-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,273

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods, Fenced Area
  • Inclusions: Outdoor Lighting, AC Units, Washer, Timer Thermostat, Blinds/Shades, Ceiling Fan(s), Dryer, Light Fixtures, Stove, Stove Hood, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Mother/Daughter, Ranch
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, Wood
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Skylight
  • Contract Info List PriceSqFt: 164.8
  • 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 Acreage: 0.25
  • General Property Info Lot Dimensions: 60 x 178
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.25
  • Topography: Level
  • Waterfront: No
  • Exclusions: Corner hutch & personal items
  • Exterior Features: Deck, Fence, Shed, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Info:Garage: No
  • Parking:Gravel2: 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: 60 x 178
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 22-00053-0000-00006
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5273.0

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Oct 1, 2020
Sold by
Bought by
Seller's Agent
Lori Petersen
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$250,000
Sold Price
$243,670
Premium/Discount to List
-$6,330
-2.53%
Current Estimated Value
$469,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,387
Avg. Annual Appreciation
12.15%
Original Mortgage
$182,753
Outstanding Balance
$162,253
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$306,804

Purchase Details

Closed on
Aug 31, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$243,670 Trident Abstract Ttl Agcy Ll
$243,670 Fidelity National Title
$225,000 Multiple
$235,000 None Available
-- --
$45,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $182,753
Closed $182,753
Previous Owner $145,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $243,670 -2.5% $161 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $250,000 -- $165 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,308 $401,300 $192,400 $208,900
2024 $6,080 $401,300 $192,400 $208,900
2023 $5,601 $201,400 $76,200 $125,200
2022 $5,601 $201,400 $76,200 $125,200
2021 $5,355 $201,400 $76,200 $125,200
2020 $5,404 $201,400 $76,200 $125,200
2019 $5,273 $201,400 $76,200 $125,200
2018 $5,089 $201,400 $76,200 $125,200
2017 $5,051 $201,400 $76,200 $125,200
2016 $4,921 $197,800 $76,200 $121,600
2015 $4,683 $229,800 $124,900 $104,900
2014 $4,704 $229,800 $124,900 $104,900
Source: Public Records

Agents Affiliated with this Home

  • Lori Petersen

    Seller's Agent in 2020

    Lori Petersen

    RE/MAX at Barnegat Bay

    (732) 330-6932

    50 Total Sales

    Lori Petersen
    Section Image
  • Robert Lange

    Buyer's Agent in 2020

    Robert Lange

    RE/MAX

    (732) 300-4307

    55 in this area

    321 Total Sales

    Robert Lange
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22024497

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00053-0000-00006

New Jersey Ocean County Ocean Gate 08721

423 E Arverne Ave, Ocean Gate, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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