NOT LISTED FOR SALE

511 Narragansette Ave Ocean Gate, NJ 08740

Estimated Value: $328,000 - $412,000

2 Beds
1 Bath
1,000 Sq Ft
$373/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $340,000 $340 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,405/month

11 Days on Market

Highlights

  • Guest House
  • Custom Home
  • Backs to Trees or Woods
  • Heated Above Ground Pool
  • Deck
  • Wood Flooring

About This Home

As of November 2022

Picturesque property in Ocean Gate, just blocks to the mile long beach and boardwalk with a pool, hot tub and guest cottage while backing up to the woods for additional privacy. This charming 2 bedroom home offers a quaint beachy feel while incorporating modern upgrades, and is maintained in excellent condition. The bathroom has been stylishly updated, the dining room has a sliding door out to the deck, the living space has a wood burning stove plus the front living room. There is a stair case up to the unfinished attic that has the potential to be more finished space in the future. The impressive property features an oversized paver driveway, lush landscaping with sprinklers, fenced yard with an expansive deck, outdoor shower, hot tub, heated pool, and gas stub for a grill. Check it out!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 09/06/2022

RE/MAX Gateway

Last Buyer's Agent

Gina Raheb

RE/MAX at Barnegat Bay

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced
  • Oversized Lot
  • Sprinkler System
  • Backs to Trees or Woods

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Crawl Space
  • Walkup Attic

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway

Pool

  • Heated Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Shed

Additional Homes

  • Guest House

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 22-00081-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,139

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods, Oversized
  • ResoPoolFeatures: Above Ground, Heated
  • Inclusions: Washer, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Ranch
  • Reso Interior Features: Attic - Walk Up, Sliding Door
  • Reso Other Structures: Guest House
  • Year Built: 1945
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Sprinkler Under: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Style Ranch: Yes
  • Parking Oversized2: Yes
  • ExteriorOutdoorShower: Yes
  • Interior Attic - Walk Up: Yes
  • Dining Room Sliding Door3: Yes
  • Out Buildings Guest House: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Fence, Outdoor Shower, Shed, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: 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

Association/Amenities

  • Association Amenities:Pool Above Ground: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00081-0000-00002
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3139.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 3, 2022
Sold by
Wigginton Thomas E
Bought by
Nuzzo Andrew
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Gina Raheb
RE/MAX at Barnegat Bay
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Views
109
Current Estimated Value
$373,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,003
Avg. Annual Appreciation
3.30%
Original Mortgage
$10,000
Interest Rate
3.6%

Purchase Details

Closed on
Oct 10, 1997
Sold by
Hudson Francis J
Bought by
Wigginton Thomas E and Wigginton Helene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
7.46%
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
Nuzzo Andrew $340,000 Hilltop Title
Nuzzo Andrew $340,000 Hilltop Title
Wigginton Thomas E $40,000 Counsellors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nuzzo Andrew $10,000
Open Nuzzo Andrew $301,434
Closed Nuzzo Andrew $301,434
Previous Owner Wigginton Thomas E $29,000
Closed Nuzzo Andrew $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $340,000 0.0% $340 / Sq Ft
09/06/2022 09/06/22 For Sale $339,900 -- $340 / 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 $5,121 $311,500 $180,000 $131,500
2024 $3,559 $311,500 $180,000 $131,500
2023 $3,279 $117,900 $70,000 $47,900
2022 $3,279 $117,900 $70,000 $47,900
2021 $3,139 $117,900 $70,000 $47,900
2020 $3,163 $117,900 $70,000 $47,900
2019 $3,087 $117,900 $70,000 $47,900
2018 $2,979 $117,900 $70,000 $47,900
2017 $2,957 $117,900 $70,000 $47,900
2016 $2,933 $117,900 $70,000 $47,900
2015 $3,175 $155,800 $115,000 $40,800
2014 $3,189 $155,800 $115,000 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228198

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00081-0000-00002