$331,000 - $386,000
RENTED APR 1, 2025

514 E Point Pleasant Ave Ocean Gate, NJ 08740

2 Beds
1 Bath
918 Sq Ft
$390 Price per Sq Ft

Last Sold July 27, 2020

Last sale price $160,100 $174 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,317/month

Highlights

  • Deck
  • Breakfast Area or Nook
  • Ceramic Tile Flooring
  • No HOA
  • Living Room
  • Sliding Doors

About This Home

As of April 2025

CHARMING and AFFORDABLE rental in desirable Ocean Gate! Featuring spacious living area & dining room w/slider to rear deck, open to large kitchen w/breakfast bar that offers additional sitting. Spacious two bedrooms, full bath w/tub, laundry room, recently updated! Backyard is great size for entertaining and offers 2 sheds for storage. Don't miss this one ,call today for your showing!

Last Agent to Rent the Property

Colette Gioia

RE/MAX Revolution License #0019267 Listed on: 01/25/2025

RE/MAX Revolution

Co-Listed By

Robert Gioia

RE/MAX Revolution License #2192568

Last Renter's Agent

Nicole Barry

Keller Williams Shore Properties License #1862281

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1945

Lot Details

  • 8,015

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Crawl Space
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • 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

  • Security Deposit $4,050
  • Property Available on 3/7/25
  • Assessor Parcel Number 22-00062-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,532

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-03-07

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 5157
  • Co List Office Phone: 732-678-1328
  • Inclusions: Stove Hood, Washer, Stove, Ceiling Fan(s), Screens, Outdoor Lighting, Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Laminate
  • Year Built: 1945
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Floor - Laminate2: Yes
  • Contract Info Available Date: 2025-03-07
  • Maintenance Fees Security Deposit3: 4050.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room Sliding Door2: Yes
  • Included Outdoor Lighting3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom Floor - Laminate8: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Deck, Lighting

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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

  • Parcel #: 22-00062-0000-00002

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 20, 2020
Sold by
Ferra Denise
Bought by
Parekh Ashwin
Seller's Agent
Lynne Fetter
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$159,000
Sold Price
$160,100
Premium/Discount to List
$1,100
0.69%
Current Estimated Value
$355,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,616
Avg. Annual Appreciation
16.68%
Original Mortgage
$100,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
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
Parekh Ashwin $160,100 Fit Agency Llc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parekh Ashwin $100,000
Previous Owner Ferra Denise $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Rented $2,500 0.0% --
03/19/2025 03/19/25 Price Changed $2,500 -3.8% $3 / Sq Ft
02/12/2025 02/12/25 Price Changed $2,600 -3.7% $3 / Sq Ft
01/25/2025 01/25/25 For Rent $2,700 -86.8% --
10/03/2020 10/03/20 Rented $20,400 +1100.0% --
10/02/2020 10/02/20 Under Contract -- -- --
09/22/2020 09/22/20 For Rent $1,700 0.0% --
07/27/2020 07/27/20 Sold $160,100 +0.7% --
06/29/2020 06/29/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $159,000 0.0% --
05/29/2020 05/29/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $159,000 0.0% --
05/13/2020 05/13/20 Pending -- -- --
04/16/2020 04/16/20 Price Changed $159,000 0.0% --
04/16/2020 04/16/20 For Sale $159,000 +1.9% --
03/04/2020 03/04/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $156,000 +863.0% --
01/02/2020 01/02/20 Pending -- -- --
09/01/2017 09/01/17 Rented $16,200 -- --
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 $4,532 $332,300 $188,500 $143,800
2023 $4,174 $150,100 $74,700 $75,400
2022 $4,174 $150,100 $74,700 $75,400
2021 $3,562 $133,900 $74,700 $59,200
2020 $3,593 $133,900 $74,700 $59,200
2019 $3,506 $133,900 $74,700 $59,200
2018 $3,384 $133,900 $74,700 $59,200
2017 $3,358 $133,900 $74,700 $59,200
2016 $3,331 $133,900 $74,700 $59,200
2015 $3,774 $185,200 $122,500 $62,700
2014 $3,791 $185,200 $122,500 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22502230

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00062-0000-00002