NOT LISTED FOR SALE

510 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $418,000 - $539,131

4 Beds
2 Baths
1,514 Sq Ft
$329/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $505,000 $334 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,206/month

50 Days on Market

Highlights

  • Water Views
  • New Kitchen
  • Granite Countertops
  • Custom Home
  • Deck
  • No HOA

About This Home

As of August 2023

Here is the charming home you have been waiting for in Ocean Gate! Less than 2 blocks to the mile long beach and boardwalk this pristine home is impressive and versatile enough to be used as a year round residence or beach/summer getaway. Meticulously cared for inside and out, this custom property offers newer floors on the first level, a modern and stylish open kitchen, large living room, dining area, bonus back room, separate laundry, 2 bedrooms and a full bath. The second floor has 2 spacious bedrooms and a full bath. Newer roof/siding, windows and systems. The back yard oasis features a large back deck, lower patio area, detached garage, grilling area, fence for added privacy, storage, lush landscaping and stylish hardscaping. Don't let this opportunity pass by, check it out today!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 04/20/2023

RE/MAX Gateway

Last Buyer's Agent

Kathleen Froelich

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,842

Lot Details

  • Lot Dimensions are 60x100
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,514 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Den
  • Water Views
  • Crawl Space

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

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 22-00065-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,842

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Cape
  • Reso Interior Features: Dec Molding, Breakfast Bar, Recessed Lighting
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 60x100
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: 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
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Rooms Garage4: Yes
  • Style Cape: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Breakfast Cntr: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 12
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Fence, Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: 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: 60x100
  • Parcel #: 22-00065-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4842.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Aug 18, 2023
Sold by
Mchugh Francis R and Mchugh Patricia A
Bought by
Palombo Christine N
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Kathleen Froelich
Redfin Corporation
List Price
$399,900
Sold Price
$505,000
Premium/Discount to List
$105,100
26.28%
Views
322
Current Estimated Value
$497,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,467
Avg. Annual Appreciation
-0.79%

Purchase Details

Closed on
Mar 14, 2006
Sold by
Andersen Albert Richard and Andersen Joyce
Bought by
Mchugh Francis R and Mchugh Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Dahmen Richard G and Dahmen Roberta P
Bought by
Andersen Albert Richard and Andersen Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1999
Sold by
Dahmen Richard G and Dahmen Roberta P
Bought by
Dahmen Richard G and Dahmen Roberta P
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 Buyer Sale Price Title Company
Palombo Christine N $505,000 None Listed On Document
Mchugh Francis R $305,000 None Available
Andersen Albert Richard $95,000 --
Dahmen Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchugh Patricia A $122,000
Previous Owner Mchugh Francis R $150,000
Previous Owner Mchugh Francis R $185,000
Previous Owner Andersen Albert Richard $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $505,000 +26.3% $334 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $399,900 -- $264 / 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 $5,492 $462,500 $175,800 $286,700
2023 $5,059 $181,900 $70,000 $111,900
2022 $5,059 $181,900 $70,000 $111,900
2021 $4,842 $181,900 $70,000 $111,900
2020 $4,880 $181,900 $70,000 $111,900
2019 $4,762 $181,900 $70,000 $111,900
2018 $4,597 $181,900 $70,000 $111,900
2017 $4,562 $181,900 $70,000 $111,900
2016 $4,526 $181,900 $70,000 $111,900
2015 $3,491 $171,300 $115,000 $56,300
2014 $3,507 $171,300 $115,000 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22310387

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00065-0000-00002