NOT LISTED FOR SALE

505 E Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $317,000 - $385,972

2 Beds
1 Bath
900 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $165,000 $183 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,278/month

27 Days on Market

Highlights

  • Attic
  • Corner Lot
  • Den
  • Bonus Room
  • No HOA
  • Breakfast Area or Nook

About This Home

As of May 2019

Charming and turn key quintessential Ocean Gate ranch just blocks to the famous mile long beach and boardwalk on the Toms River. This well maintained home has the perfect beachy feel and is set on a large corner lot with fresh and tasteful landscaping, a fenced yard, outdoor shower and storage shed. Features include a newer roof, new on demand hot water heater, wood burning fireplace, open front porch, over sized attached garage, bright and open living space, a large eat-in-kitchen, generously sized bedrooms, crown moldings and a separate laundry/mud room. Perfect for seasonal or year round living. All this just waiting for new owners to unpack and move in. Come enjoy all the best Ocean Gate has to offer, will not last at this price!

Last Agent to Sell the Property

Robert Lange

RE/MAX at Barnegat Bay Listed on: 03/30/2019

RE/MAX at Barnegat Bay

Co-Listed By

Timothy O'Keefe

RE/MAX at Barnegat Bay License #1644400

Last Buyer's Agent

Robert Lange

RE/MAX at Barnegat Bay Listed on: 03/30/2019

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,914

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced
  • Corner Lot

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Shed
  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00063-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,914

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Washer, Dryer, Stove, Stove Hood, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic, Bonus Room, Dec Molding
  • Year Built: 1960
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Rooms Garage4: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Floor - Laminate2: Yes
  • Garage Oversized: Yes
  • ExteriorOutdoorShower: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Interior Bonus Room: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 9
  • 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:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Waterfront: No
  • Exterior Features: Fence, Outdoor Shower, Porch - Open, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • 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 100
  • Parcel #: 22-00063-0000-00015
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3914.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2019
Closed on
May 28, 2019
Sold by
Melick Robert and Melick Christine
Bought by
Hanley Michael and Hanley Barbara J
Seller's Agent
Robert Lange
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Lange
RE/MAX at Barnegat Bay
Sold Price
$165,000
Current Estimated Value
$348,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,243
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Jun 29, 1988
Bought by
Melick Robert
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hanley Michael $165,000 Trident Abstract Ttl Agcy Ll
Melick Robert $94,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $165,000 -- $183 / 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
2025 $5,184 $315,300 $180,000 $135,300
2024 $4,676 $315,300 $180,000 $135,300
2023 $4,308 $154,900 $70,000 $84,900
2022 $4,308 $154,900 $70,000 $84,900
2021 $4,097 $154,900 $70,000 $84,900
2020 $4,156 $154,900 $70,000 $84,900
2019 $4,055 $154,900 $70,000 $84,900
2018 $3,914 $154,900 $70,000 $84,900
2017 $3,885 $154,900 $70,000 $84,900
2016 $3,854 $154,900 $70,000 $84,900
2015 $4,062 $199,300 $115,000 $84,300
2014 $4,080 $199,300 $115,000 $84,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Lange

    RE/MAX

    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Timothy O'Keefe

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21912831

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00063-0000-00015

New Jersey Ocean County Ocean Gate 08740

505 E Point Pleasant Ave, Ocean Gate, NJ

This home is located at 505 E Point Pleasant Ave, Ocean Gate, NJ 08740 since 30 March 2019 and is currently estimated at $348,243, approximately $386 per square foot. This property was built in 1960. 505 E Point Pleasant 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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