NOT LISTED FOR SALE

431 E Cape May Ave Ocean Gate, NJ 08740

Ocean Gate Area

Estimated Value: $321,000 - $353,624

2 Beds
1 Bath
832 Sq Ft
$404/Sq Ft Est. Value

Highlights

  • New Kitchen
  • Porch
  • Forced Air Heating and Cooling System
  • Deck
  • Living Room
  • 1-Story Property

About This Home

As of October 2024

Annual rental located just a few blocks from the famous mile-long Ocean Gate beach and boardwalk! This home features newer flooring throughout, two bedrooms, an updated kitchen with stainless steel appliances and stone countertops, central air, laundry, and a large, private back yard. Come and find out everything Ocean Gate has to offer! Check it out today!

Last Agent to Rent the Property

Robert Kosinski

RE/MAX Gateway License #1643938 Listed on: 08/27/2024

RE/MAX Gateway

Co-Listed By

Robert Lange

RE/MAX Gateway License #1329516

Last Renter's Agent

Anthony Mediate

EXP Realty License #2079586

EXP Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 7,841 Sq Ft Lot

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Linoleum Flooring
  • Crawl Space

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

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

Listing and Financial Details

  • Security Deposit $2,963
  • Assessor Parcel Number 22-00054-0000-00014

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

7,841 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1945
  • Contract Info List PriceSqFt: 2.37
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Maintenance Fees Security Deposit3: 2962.5
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Acres: 0.18
  • Waterfront: No
  • Exterior Features: Deck, Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 22-00054-0000-00014

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

Closed on
Apr 4, 2023
Sold by
Bought by
Current Estimated Value
$336,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$168,079
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$168,327
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean Gate, NJ

  • Robert Cecchini Real Estate Agent - Keller Williams Shore Properties

    Robert Cecchini

    Keller Williams Shore Properties

    (848) 279-8726

    66 Total Sales

    1 in Ocean Gate

    $440,000 Price

    Robert Cecchini
     Section Image
  • Anthony Mediate Real Estate Agent - EXP Realty

    Anthony Mediate

    EXP Realty

    (848) 800-2926

    55 Total Sales

    4 in Ocean Gate

    $375K - $410K Price Range

    Anthony Mediate
     Section Image
  • Peter Cunha Real Estate Agent - Real Broker, LLC

    Peter Cunha

    Real Broker, LLC

    (862) 350-0262

    67 Total Sales

    1 in Ocean Gate

    $439,000 Price

    Peter Cunha
     Section Image

  • KS

    Kevin Stewart

    Keller Williams Preferred Properties, Ship Bottom

    (888) 367-0889

    46 Total Sales

    1 in Ocean Gate

    $545,000 Price

    Kevin Stewart
     Section Image
  • Domenica (Mimi) Krauss Real Estate Agent - Fathom Realty NJ

    Domenica (Mimi) Krauss

    Fathom Realty NJ

    (848) 400-5319

    22 Total Sales

    2 in Ocean Gate

    $306K - $545K Price Range

    Domenica (Mimi) Krauss
     Section Image
  • James La Sasso Real Estate Agent - Crossroads Realty, Inc.

    James La Sasso

    Crossroads Realty, Inc.

    (848) 279-9229

    33 Total Sales

    1 in Ocean Gate

    $315,000 Price

    James La Sasso
     Section Image
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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
$250,000 None Listed On Document
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 $175,000
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
10/04/2024 10/04/24 Rented $23,700 +1100.0% --
09/06/2024 09/06/24 Under Contract -- -- --
08/27/2024 08/27/24 For Rent $1,975 -- --
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
2026 $5,740 $315,200 $188,500 $126,700
2025 $5,740 $315,200 $188,500 $126,700
2024 $4,381 $315,200 $188,500 $126,700
2023 $4,035 $145,100 $74,700 $70,400
2022 $4,035 $145,100 $74,700 $70,400
2021 $3,863 $145,100 $74,700 $70,400
2020 $3,893 $145,100 $74,700 $70,400
2019 $3,799 $145,100 $74,700 $70,400
2018 $3,667 $145,100 $74,700 $70,400
2017 $3,639 $145,100 $74,700 $70,400
2016 $3,610 $145,100 $74,700 $70,400
2015 $4,060 $199,200 $122,500 $76,700
2014 $4,078 $199,200 $122,500 $76,700
Source: Public Records

Agents Affiliated with this Home

  • Robert Kosinski Real Estate Agent - RE/MAX

    Landlord's Agent in 2024

    Robert Kosinski

    RE/MAX

    (732) 996-7448

    222 Total Sales

    Robert Kosinski
    Section Image
  • Robert Lange Real Estate Agent - RE/MAX

    Landlord's Co-Listing Agent in 2024

    Robert Lange

    RE/MAX

    (732) 300-4307

    310 Total Sales

    Robert Lange
    Section Image
  • Anthony Mediate Real Estate Agent - EXP Realty

    Tenant's Agent in 2024

    Anthony Mediate

    EXP Realty

    (732) 668-5753

    55 Total Sales

    Anthony Mediate
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22424868

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00054-0000-00014

New Jersey Ocean County Ocean Gate 08740

431 E Cape May 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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