NOT LISTED FOR SALE

506 Newport Ave Ocean Gate, NJ 08740

Estimated Value: $604,000 - $628,000

3 Beds
2 Baths
2,372 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $527,500 $222 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,943/month

45 Days on Market

Highlights

  • Custom Home
  • Granite Countertops
  • Breakfast Area or Nook
  • Marble Flooring
  • No HOA
  • Double Door Entry

About This Home

As of April 2023

What a beauty & very deceiving from street. This custom, quality built home is a must see & just 3 short blocks to Ocean Gates beautiful beach & boardwalk. The floor plan of this home offers wide open spaces, high ceilings, skylights & windows galore. (all anderson) Just the perfect home for entertaining & comfortable living. Beautiful hardwood & custom tile flooring throughout, recessed lighting, tinted windows. Large bedroom sizes. Beautiful baths featuring a soaking tub, marble flooring and bidet. Kitchen features oak cabinetry, Corian countertops & sink. A full stainless steel package. Yard is fully maintenance free including an outside shower for a day after the beach. Nothing to do but enjoy your time at the Jersey Shore. Come take a look today. You will not be disappointed.

Last Agent to Sell the Property

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 02/17/2023

RE/MAX at Barnegat Bay

Last Buyer's Agent

Bridget McKinley

Keller Williams Shore Properties License #1648532

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,125

Year Built

  • Built in 1985

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Mirrored Walls
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,372 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • Gas Fireplace
  • Double Door Entry
  • Sliding Doors
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bidet
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting

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
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00064-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,125

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Expanded Ranch, Contemporary
  • Reso Flooring: Ceramic Tile, Marble, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Laundry Tub, Sliding Door, Wall Mirror, Breakfast Bar
  • New Construction: No
  • Year Built: 1985
  • Contract Info List PriceSqFt: 231.83
  • Contract Info New Construction: No
  • 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
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Roof Timberline: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen BnookDining Area: Yes
  • Interior Wall Mirror: Yes
  • ExteriorOutdoorShower: Yes
  • Interior Laundry Tub: Yes
  • Living Room Sliding Door2: Yes
  • Style Expanded Ranch: Yes
  • Foyer Double Door Entry: Yes
  • Floors Marble: Yes
  • Kitchen Skylight4: Yes
  • Living Room Skylight7: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Floor - Marble2: Yes
  • Primary Bath Bidet: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Outdoor Shower, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00064-0000-00012
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7125.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 21, 2023
Sold by
Mauceri Rose
Bought by
Pessolano Mark and Pessolano Marie
Seller's Agent
Cessna Statt
RE/MAX at Barnegat Bay
Buyer's Agent
Bridget McKinley
Keller Williams Shore Properties
List Price
$549,900
Sold Price
$527,500
Premium/Discount to List
-$22,400
-4.07%
Views
303
Current Estimated Value
$616,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,695
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Jun 20, 1986
Bought by
Mauceri Ferdinando and Mauceri Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pessolano Mark $527,500 Surety Title
Pessolano Mark $527,500 Surety Title
Mauceri Ferdinando $18,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $527,500 -4.1% $222 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $549,900 -- $232 / 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 $8,411 $511,600 $180,000 $331,600
2024 $7,485 $511,600 $180,000 $331,600
2023 $6,875 $256,200 $70,000 $186,200
2022 $7,125 $256,200 $70,000 $186,200
2021 $6,047 $256,200 $70,000 $186,200
2020 $6,874 $256,200 $70,000 $186,200
2019 $6,707 $256,200 $70,000 $186,200
2018 $6,474 $256,200 $70,000 $186,200
2017 $6,426 $256,200 $70,000 $186,200
2016 $6,124 $256,200 $70,000 $186,200
2015 $5,558 $285,000 $115,000 $170,000
2014 $4,192 $217,000 $115,000 $102,000
Source: Public Records

Agents Affiliated with this Home

  • Cessna Statt

    Seller's Agent in 2023

    Cessna Statt

    RE/MAX

    (609) 276-3135

    22 in this area

    100 Total Sales

    Cessna Statt
    Section Image
  • Bridget McKinley

    Buyer's Agent in 2023

    Bridget McKinley

    Keller Williams Shore Properties

    (305) 879-1747

    1 in this area

    23 Total Sales

    Bridget McKinley
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22304271

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00064-0000-00012

New Jersey Ocean County Ocean Gate 08740

506 Newport Ave, Ocean Gate, NJ

Not Listed for Sale

Detached

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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