NOT LISTED FOR SALE

49 W Long Branch Ave Ocean Gate, NJ 08740

Estimated Value: $329,000 - $432,000

3 Beds
1 Bath
1,175 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $200,000 $170 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,434/month

100 Days on Market

Highlights

  • Cape Cod Architecture
  • Cooling Available
  • Heating Available
  • No HOA

About This Home

As of February 2023

CALLING ALL INVESTORS!!! Rare opportunity in the highly desirable town of Ocean Gate. .2 miles from the school, .3 miles to the town center, .4 miles to the Toms River. All of the demo inside has already been done for you! True blank slate! The home is down to the studs and ready for your creative touch to bring it back to life! This home is NOT in a flood zone!

Last Agent to Sell the Property

RENAY GERRITY

Daunno Realty Services License #1973779 Listed on: 01/11/2023

Last Buyer's Agent

Robert Kosinski

RE/MAX Gateway License #1643938

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,175 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22 00012-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • Location Middle School: Central Reg Middle
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Style Cape: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22 00012-0000-00014
  • Zoning Description: Residential, Single Family

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 21, 2023
Sold by
Tkd Holdings Llc
Bought by
J F Capital Management Llc
Seller's Agent
RENAY GERRITY
Daunno Realty Services
Buyer's Agent
Robert Kosinski
RE/MAX Gateway
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
Views
127
Current Estimated Value
$363,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,945
Avg. Annual Appreciation
29.44%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Sheriff Of The County Of Ocean
Bought by
Tkd Holdings/Jtk Homes Llc

Purchase Details

Closed on
Nov 12, 2009
Sold by
Callahan Susan A and Kennedy Susan A
Bought by
Kennedy Timothy F

Purchase Details

Closed on
Oct 5, 2005
Sold by
Kennedy Timothy F
Bought by
Kennedy Timothy F and Kennedy Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Chencharik John
Bought by
Kennedy Timothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,243
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1993
Sold by
Thomas Mc Loughlin
Bought by
Chencharik John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7%
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
J F Capital Management Llc $200,000 Wfg National Title
Tkd Holdings/Jtk Homes Llc $218,352 Universal Title
Kennedy Timothy F -- None Available
Kennedy Timothy F -- Esq Title Agency Llc
Kennedy Timothy E $189,000 --
Chencharik John $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Timothy F $225,000
Previous Owner Kennedy Timothy F $29,900
Previous Owner Kennedy Timothy $218,500
Previous Owner Kennedy Timothy E $182,243
Previous Owner Chencharik John $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $200,000 -9.0% $170 / Sq Ft
12/12/2022 12/12/22 For Sale $219,900 0.0% $187 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $219,900 -8.3% $187 / Sq Ft
07/30/2022 07/30/22 For Sale $239,900 -- $204 / 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 $4,888 $252,400 $146,000 $106,400
2023 $4,502 $161,900 $60,700 $101,200
2022 $4,502 $161,900 $60,700 $101,200
2021 $4,310 $161,900 $60,700 $101,200
2020 $4,344 $161,900 $60,700 $101,200
2019 $4,239 $161,900 $60,700 $101,200
2018 $4,091 $161,900 $60,700 $101,200
2017 $4,060 $161,900 $60,700 $101,200
2016 $4,028 $161,900 $60,700 $101,200
2015 $4,206 $206,400 $100,000 $106,400
2014 $4,225 $206,400 $100,000 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22224032

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00012-0000-00014