$110,000
SOLD MAY 15, 2019

431 E Long Branch Ave Ocean Gate, NJ 08740

2 Beds
1 Bath
971 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

70 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed patio or porch
  • 1-Story Property
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of September 2022

GREAT OCEAN GATE LOCATION! Whether you are looking to remodel and raise or knock down and build new, this is a prime location located just a few short blocks from the bay. This home offers a living room, sunroom off to the back, eat in kitchen, two bedrooms, bathroom and nice lot! Come take this opportunity to make your dream home in Ocean Gate.

Last Agent to Sell the Property

William Troy

Keller Williams Shore Properties License #0568013 Listed on: 03/01/2019

Keller Williams Shore Properties

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1935

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Lot Dimensions are 80 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00056-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,363

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • New Construction: No
  • Year Built: 1935
  • Contract Info New Construction: No
  • 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 Lot Dimensions: 80 x 100
  • Location Middle School: Central Reg Middle
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Cape: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 80 x 100
  • Parcel #: 22-00056-0000-00014

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3363.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 31, 2022
Sold by
Buonavolonta Ashley A
Bought by
Darcy Wes and Martines Emily
Seller's Agent
Traci Tarantola
RE/MAX at Barnegat Bay
Buyer's Agent
Corey Hort
Keller Williams Realty Sewell
List Price
$315,000
Sold Price
$342,000
Premium/Discount to List
$27,000
8.57%
Views
21
Current Estimated Value
$439,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,106
Avg. Annual Appreciation
8.51%
Original Mortgage
$290,700
Outstanding Balance
$279,423
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$154,317

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 6, 2019
Sold by
U S Bank National Association
Bought by
Newman Glen
Seller's Agent
William Troy
Keller Williams Shore Properties
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.02%
Original Mortgage
$80,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2019
Sold by
Cruz Martin and Cruz Heather
Bought by
Us Bank National Association and Rmac Trusts

Purchase Details

Closed on
Feb 2, 1998
Sold by
Pennington Gertrude M
Bought by
Cruz Martin C
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Bargain Sale Deed $342,000 Foundation Title
Warranty Deed $110,000 First Integrity Title Agency
Deed $95,000 None Available
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,700 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $189,000 Unknown
Previous Owner $172,000 Balloon
Previous Owner $137,000 Fannie Mae Freddie Mac
Previous Owner $19,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $342,000 +8.6% $352 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $315,000 +38.5% $324 / Sq Ft
05/28/2020 05/28/20 Sold $227,500 -1.1% $207 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $229,950 +109.0% $209 / Sq Ft
05/15/2019 05/15/19 Sold $110,000 -- $113 / 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
2024 $6,280 $423,600 $188,500 $235,100
2023 $5,784 $208,000 $74,700 $133,300
2022 $5,695 $204,800 $74,700 $130,100
2021 $5,452 $204,800 $74,700 $130,100
2020 $3,571 $133,100 $74,700 $58,400
2019 $3,485 $133,100 $74,700 $58,400
2018 $3,363 $133,100 $74,700 $58,400
2017 $3,338 $133,100 $74,700 $58,400
2016 $3,312 $133,100 $74,700 $58,400
2015 $3,915 $192,100 $122,500 $69,600
2014 $3,932 $192,100 $122,500 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21908286

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00056-0000-00014