NOT LISTED FOR SALE

517 Ocean Gate Ave Ocean Gate, NJ 08740

Ocean Gate Area

Estimated Value: $346,090 - $428,000

2 Beds
1 Bath
1,460 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2015

Last sale price $78,000 $53 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $2,402 / mo

274 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ceramic Tile Flooring
  • Attic
  • Shed
  • Fenced

About This Home

As of November 2015

Great opportunity to own in this Quaint Community!!! House features...New hot water BB heat,2 bedrooms, living room, dining room, kitchen, one bath, and laundry room. Enjoy walking the mile-long Beach & Boardwalk along the Toms River with the most spectacular sunsets!!!. Walking distance to Restaurants, shopping, and the Ocean Gate Yacht Club . Potential mixed use Res/Comm. Owner is motivated to sell!!!

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 01/05/2015

Last Buyer's Agent

Joseph Palatnik

Weichert Realtors-Toms River License #0678955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 20x100
  • Fenced

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Attic

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Central Regional High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00021-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1950

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Interior Features: Attic
  • Year Built: 1950
  • Contract Info List PriceSqFt: 61.58
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 20x100
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Style Cape: Yes
  • SidingBrick: Yes
  • Siding Shingle: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Brick, Shingle Siding
  • Exterior Features: Fence, Shed

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 20x100
  • Parcel #: 22-00021-0000-00007
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2698.0

MLS Schools

  • High School: Central Regional

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2019
Sold by
Bought by
Current Estimated Value
$381,273

Purchase Details

Closed on
Feb 19, 2019
Sold by
Bought by

Purchase Details

Listed on
Jan 5, 2015
Closed on
Nov 6, 2015
Sold by
Bought by
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Joseph Palatnik
Weichert Realtors-Toms River
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$62,400
Interest Rate
0.0387%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$107,978 None Available
$53,989 None Available
$78,000 Counsellors Title Agency Inc
-- None Available
$160,000 None Available
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $62,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $78,000 -- $53 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,549 $249,800 $112,000 $137,800
2025 $4,549 $249,800 $112,000 $137,800
2024 $4,353 $249,800 $112,000 $137,800
2023 $4,010 $144,200 $56,500 $87,700
2022 $4,010 $144,200 $56,500 $87,700
2021 $3,839 $144,200 $56,500 $87,700
2020 $3,128 $116,600 $56,500 $60,100
2019 $3,053 $116,600 $56,500 $60,100
2018 $2,946 $116,600 $56,500 $60,100
2017 $2,924 $116,600 $56,500 $60,100
2016 $2,901 $116,600 $56,500 $60,100
2015 $2,935 $144,000 $85,000 $59,000
2014 $2,698 $144,000 $85,000 $59,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Loundy

    Seller's Agent in 2015

    Michael Loundy

    Seaside Heights Realty Inc.

    (732) 330-6651

    259 Total Sales

    Michael Loundy
    Section Image

  • J

    Buyer's Agent in 2015

    Joseph Palatnik

    Weichert Realtors-Toms River

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21500491

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00021-0000-00007

New Jersey Ocean County Ocean Gate 08740

517 Ocean Gate Ave, Ocean Gate, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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