$222,500
SOLD AUG 28, 2020

500 Newport Ave Ocean Gate, NJ 08740

2 Beds
1.5 Baths
981 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

4% Above List Price

9 Days on Market

Highlights

  • Water Views
  • Cottage
  • Fenced
  • No HOA
  • Shed
  • Heating Available

About This Home

As of August 2020

Picture perfect shore home just steps to Ocean Gates beautiful beaches and Boardwalk. Nothing to do but move right in and enjoy all that summers in this quaint community has to offer. This home has been well kept and renovated. Updated Kitchen and baths. A full stainless steel appliance package. Beautiful hardwood flooring. Anderson windows. The yard is maintenance free. Featuring an all stoned yard with plenty of room for entertaining. Vinyl siding. Roof was replaced about 7 years ago. There is gas to the home as the home does have a gas fireplace and gas stove. Don't miss out on all this home has to offer as it will not last. Come take a look today. This is a true Ocean Gate gem with water views form your living room and porch. Life is good at the Jersey Shore!

Last Agent to Sell the Property

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 06/23/2020

RE/MAX at Barnegat Bay

Last Buyer's Agent

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 06/23/2020

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Fenced

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 981 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Shed

Schools

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

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00064-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,670

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1950
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Fence, Shed

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00064-0000-00011

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3670.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 28, 2020
Sold by
Rocks Gerald
Bought by
Cleary David
Seller's Agent
Cessna Statt
RE/MAX at Barnegat Bay
Buyer's Agent
Cessna Statt
RE/MAX at Barnegat Bay
List Price
$214,900
Sold Price
$222,500
Premium/Discount to List
$7,600
3.54%
Current Estimated Value
$378,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,288
Avg. Annual Appreciation
10.57%
Original Mortgage
$178,000
Outstanding Balance
$158,607
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$210,206

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 1, 2015
Sold by
Duran Lana and Brown Lana
Bought by
Rocks Gerald
Seller's Agent
Joy Bearden
Pacesetter Realty
Buyer's Agent
Joy Bearden
Pacesetter Realty
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Dec 16, 2003
Sold by
Plesniarski David
Bought by
Brown Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.01%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Curran Christian
Bought by
Plesniarski David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Deed $222,500 New Jersey Land Title
Bargain Sale Deed $150,000 Multiple
Deed $165,000 --
Deed $109,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,000 New Conventional
Previous Owner $132,000 No Value Available
Previous Owner $104,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $222,500 +3.5% $227 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $214,900 +43.3% $219 / Sq Ft
07/01/2015 07/01/15 Sold $150,000 -- --
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
2025 $4,516 $274,700 $146,000 $128,700
2024 $4,233 $274,700 $146,000 $128,700
2023 $3,899 $140,200 $60,700 $79,500
2022 $3,899 $140,200 $60,700 $79,500
2021 $3,732 $140,200 $60,700 $79,500
2020 $3,762 $140,200 $60,700 $79,500
2019 $3,670 $140,200 $60,700 $79,500
2018 $3,543 $140,200 $60,700 $79,500
2017 $3,516 $140,200 $60,700 $79,500
2016 $3,488 $140,200 $60,700 $79,500
2015 $3,179 $156,000 $100,000 $56,000
2014 $3,193 $156,000 $100,000 $56,000
Source: Public Records

Agents Affiliated with this Home

  • Cessna Statt

    Seller's Agent in 2020

    Cessna Statt

    RE/MAX

    (609) 276-3135

    21 in this area

    104 Total Sales

    Cessna Statt
    Section Image

  • J

    Seller's Agent in 2015

    Joy Bearden

    Pacesetter Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22020444

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00064-0000-00011

New Jersey Ocean County Ocean Gate 08740

500 Newport Ave, Ocean Gate, NJ

This home is located at 500 Newport Ave, Ocean Gate, NJ 08740 and is currently priced at $222,500, approximately $226 per square foot. This property was built in 1950. 500 Newport Ave is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

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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