NOT LISTED FOR SALE

510 Narragansette Ave Unit SUMMER Ocean Gate, NJ 08740

Estimated Value: $385,000 - $447,000

3 Beds
1 Bath
1,100 Sq Ft
$386/Sq Ft Est. Value

Highlights

  • Water Views
  • Cape Cod Architecture
  • Bonus Room
  • New Kitchen
  • Deck
  • Furnished

About This Home

As of September 2021

Freshly renovated and updated charming beach house for summer seasonal rental in Ocean Gate, just blocks to the famous mile long beach and boardwalk. This comfortable and modern property features 3 bedrooms with sleeping for 6, plus a bonus room with futon, a gorgeous new eat in kitchen with breakfast bar and stools and a separate dining area. There is a large living room, stylish new bathroom and in house laundry available for tenant use. The exterior features a back deck with outdoor dining table, propane BBQ grill, large yard, roof deck with outdoor furniture set and a driveway for 3 cars plus street parking. $1,950/week, $5,500/June, $7,300/July, $7,200/August, $3,500 September. Additional security deposit and cleaning fee apply. Current available dates: August and September.

Last Agent to Rent the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 06/19/2021

RE/MAX Gateway

Co-Listed By

Robert Kosinski

RE/MAX Gateway License #1643938

Last Renter's Agent

Samara P. O'Neill, MBA

Real Broker, LLC- Jackson License #0564336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1935

Lot Details

  • 3,049

Home Design

  • Cape Cod Architecture
  • Bungalow

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room
  • Bonus Room
  • Ceramic Tile Flooring
  • Water Views
  • Crawl Space

Kitchen

  • New Kitchen
  • Breakfast Room
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • On-Street Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,000
  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 22-00073-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,035

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Reso View: Waterview
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Bungalow, Expanded Ranch, Cape Cod
  • Year Built: 1935
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.07
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Maintenance Fees Security Deposit3: 1000.0
  • Lease Requirements Security Deposit4: Yes
  • Rooms Breakfast: Yes
  • Cooling Multi Units: Yes
  • Style Expanded Ranch: Yes
  • General Property Info # Parking Spaces3: 3
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • 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

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Exterior Features: Deck, Other

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, Driveway, On Street, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 22-00073-0000-00007

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Francese Michele A
Bought by
Ricardo Michelle L and Ricardo Orlando
Current Estimated Value
$398,972

Purchase Details

Listed on
Jun 19, 2021
Closed on
Sep 16, 2021
Sold by
900 Narragansette Llc
Bought by
Francese Michele A
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Samara P. O'Neill, MBA
Real Broker, LLC- Jackson
Sold Price
$3,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2021
Sold by
Roselli Dominick J and Roselli Jennifer L
Bought by
900 Narragansette Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 26, 2013
Sold by
Slj Enterprises Llc
Bought by
Roselli Dominick J and Roselli Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2008
Sold by
Skibbee William F and Skibbee Theresa K
Bought by
Slj Enterprises Llc

Purchase Details

Closed on
Apr 28, 1995
Sold by
Hunt Christopher
Bought by
Skibbee William and Skibbee Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.31%
Mortgage Type
FHA
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
Ricardo Michelle L $390,000 Allstate Title
Francese Michele A $275,000 Fit Agency Llc
900 Narragansette Llc $110,000 Fit Agency Llc
Roselli Dominick J $150,000 Stewart Title Guranty Co
Slj Enterprises Llc $184,000 None Available
Skibbee William $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francese Michele A $220,000
Previous Owner 900 Narragansette Llc $10,000
Previous Owner Roselli Dominick J $150,000
Previous Owner Skibbee William F $120,000
Previous Owner Skibbee William F $25,000
Previous Owner Skibbee William $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Rented $3,600 +84.6% --
08/12/2021 08/12/21 Under Contract -- -- --
06/19/2021 06/19/21 For Rent $1,950 -- --
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 $6,035 $342,800 $129,000 $213,800
2023 $5,559 $199,900 $56,000 $143,900
2022 $5,559 $199,900 $56,000 $143,900
2021 $3,322 $134,200 $56,000 $78,200
2020 $3,601 $134,200 $56,000 $78,200
2019 $3,513 $134,200 $56,000 $78,200
2018 $3,391 $134,200 $56,000 $78,200
2017 $3,366 $134,200 $56,000 $78,200
2016 $3,089 $134,200 $56,000 $78,200
2015 $3,581 $175,700 $92,500 $83,200
2014 $3,597 $175,700 $92,500 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22119845

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00073-0000-00007