NOT LISTED FOR SALE

512 Asbury Ave Ocean Gate, NJ 08740

Estimated Value: $423,000 - $498,125

3 Beds
2 Baths
1,325 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $190,000 $143 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,937/month

11 Days on Market

Highlights

  • River View
  • Deck
  • Living Room
  • Cape Cod Architecture
  • No HOA
  • Kitchen Island

About This Home

As of May 2016

Welcome to Ocean Gate! This spacious home is perfect for full time or vacation living. Situate the Master Bedroom on the First or Second Floor, Your Choice, Plus 2 Large Bedrooms and a Full Bath Upstairs! The Kitchen, Dining and Living Rooms Blend Nicely Creating an Open Concept. A/C, Furnace and Water Heater are all newer. Step out the Front Door and See the Famous Mile Long Beach and Boardwalk only 3 Blocks Away! Enjoy the Large Back Deck and Spacious Back Yard for Relaxing and Entertaining, While in a Very Quiet and Peaceful Section of Town. Lots of Potential Here, Come Take a Look Today!!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 04/14/2016

RE/MAX Gateway

Last Buyer's Agent

Paul Quinn

United Real Estate Associates License #8243839

United Real Estate Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 60 x 100
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room
  • Dining Room
  • River Views
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • 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 22-00021-0000-00002-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,610

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Riverview
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Interior Features: Attic - Other
  • Year Built: 1986
  • Contract Info List PriceSqFt: 157.74
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Kitchen Sliding Door5: Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Water Type Riverview: Yes
  • Lot Description Riverview2: Yes
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront Features: Riverview
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 22-00021-0000-00002-11
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4610.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 19, 2016
Sold by
Ryakubik Michael
Bought by
Adinlofi Robert and Adinlofi Kathleen
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Paul Quinn
United Real Estate Associates
Sold Price
$190,000
Current Estimated Value
$451,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,531
Avg. Annual Appreciation
9.48%
Original Mortgage
$196,270
Outstanding Balance
$155,836
Interest Rate
3.58%
Mortgage Type
VA
Estimated Equity
$295,695

Purchase Details

Closed on
Jan 22, 1986
Bought by
Yakubik Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adinlofi Robert $190,000 Multiple
Yakubik Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adinlofi Robert $196,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $190,000 -- $143 / 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 $6,747 $410,400 $180,000 $230,400
2024 $7,038 $410,400 $180,000 $230,400
2023 $4,664 $176,700 $70,000 $106,700
2022 $4,914 $176,700 $70,000 $106,700
2021 $4,454 $176,700 $70,000 $106,700
2020 $4,730 $176,300 $70,000 $106,300
2019 $4,616 $176,300 $70,000 $106,300
2018 $4,455 $176,300 $70,000 $106,300
2017 $4,422 $176,300 $70,000 $106,300
2016 $4,386 $176,300 $70,000 $106,300
2015 $4,610 $226,200 $115,000 $111,200
2014 $4,630 $226,200 $115,000 $111,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Lange

    Seller's Agent in 2016

    Robert Lange

    RE/MAX

    (732) 300-4307

    59 in this area

    381 Total Sales

    Robert Lange
    Section Image

  • P

    Buyer's Agent in 2016

    Paul Quinn

    United Real Estate Associates

    (609) 693-1000

    16 Total Sales

    Paul Quinn
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21614425

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00021-0000-00002-11

New Jersey Ocean County Ocean Gate 08740

512 Asbury Ave, Ocean Gate, NJ

Not Listed for Sale

Detached

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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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