Seller's Agent in 2025
Robert Lange
RE/MAX
(732) 300-4307
56 in this area
326 Total Sales
518 E Bayview Ave Ocean Gate, NJ 08740
Estimated Value: $488,000 - $593,000
3
Beds
2.5
Baths
1,423
Sq Ft
$386/Sq Ft
Est. Value
Highlights
- Water Views
- Deck
- Balcony
- Custom Home
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of April 2025Reimagined and redesigned custom home in Ocean Gate less than 2 blocks to the beach and boardwalk! This shore style colonial is in the process of being completely renovated and will offer a completely open concept first level featuring a spacious and bright kitchen with center island, dedicated dining room, living room, powder room, laundry room and large back deck. The second floor has 3 bedrooms and 2 full bathrooms, including a primary suite with walk in closet, private bath and open balcony that looks out toward the open water. There is an elevated crawl space creating plenty of extra storage and the house is set on the lot creating a large driveway and plenty of room in the back yard. Come discover all that this property and the hidden gem of a beach town Ocean Gate have to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,719
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 60 x 100
Parking
- Driveway
Home Design
- Custom Home
- Shore Colonial Architecture
- Shingle Roof
Interior Spaces
- 1,423 Sq Ft Home
- 1-Story Property
- Water Views
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Balcony
- Deck
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 22-00065-0000-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2024
Closed on
Mar 31, 2025
Sold by
F A Investments Llc
Bought by
Chan Wei Irene Joy and Chan Wilfred Wei
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Ivan Gutierrez
Boraie Realty
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138
Avg. Annual Appreciation
-0.02%
Original Mortgage
$440,000
Outstanding Balance
$438,088
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$111,774
Purchase Details
Closed on
May 31, 2023
Sold by
11 West Arverne Llc
Bought by
F & A Investments Llc
Purchase Details
Closed on
Dec 21, 2022
Sold by
Morris Timothy J
Bought by
11 West Arverne Llc
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
5.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 3, 2016
Closed on
Jul 12, 2016
Sold by
Stiso Theresa M
Bought by
Morris Joshua
Seller's Agent
Alyssa Giglio
Keller Williams Realty of Medford
Buyer's Agent
Emilee Jackson
RealEstate.com
Sold Price
$190,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$186,558
Interest Rate
3.49%
Mortgage Type
FHA
Purchase Details
Closed on
May 18, 2000
Sold by
Luongo Anthony
Bought by
Stiso Robert and Stiso Theresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.19%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chan Wei Irene Joy | $550,000 | Investors First Title | |
| Wei Irene Joy Chan | $550,000 | Investors First Title | |
| F & A Investments Llc | $200,000 | Wfg National Title | |
| F & A Investments Llc | $200,000 | Wfg National Title | |
| 11 West Arverne Llc | $200,000 | -- | |
| Morris Joshua | $190,000 | Old Republic National Title | |
| Stiso Robert | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wei Irene Joy Chan | $440,000 | |
| Closed | Wei Irene Joy Chan | $440,000 | |
| Previous Owner | 11 West Arverne Llc | $150,000 | |
| Previous Owner | Morris Joshua | $186,558 | |
| Previous Owner | Stiso Robert | $67,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $550,000 | 0.0% | $387 / Sq Ft | |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- | |
| 11/26/2024 11/26/24 | For Sale | $549,900 | +189.4% | $386 / Sq Ft | |
| 07/15/2016 07/15/16 | Sold | $190,000 | -- | -- | View Prior Sale |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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 | $6,335 | $347,900 | $175,800 | $172,100 |
| 2024 | $5,824 | $347,900 | $175,800 | $172,100 |
| 2023 | $5,365 | $192,900 | $70,000 | $122,900 |
| 2022 | $5,365 | $192,900 | $70,000 | $122,900 |
| 2021 | $5,135 | $192,900 | $70,000 | $122,900 |
| 2020 | $5,176 | $192,900 | $70,000 | $122,900 |
| 2019 | $5,050 | $192,900 | $70,000 | $122,900 |
| 2018 | $4,875 | $192,900 | $70,000 | $122,900 |
| 2017 | $4,838 | $192,900 | $70,000 | $122,900 |
| 2016 | $4,065 | $163,400 | $70,000 | $93,400 |
| 2015 | $4,194 | $205,800 | $115,000 | $90,800 |
| 2014 | $4,213 | $205,800 | $115,000 | $90,800 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Lange
-
Robert Kosinski
Seller Co-Listing Agent in 2025
Robert Kosinski
RE/MAX
(732) 996-7448
18 in this area
233 Total Sales
-
Ivan Gutierrez
Buyer's Agent in 2025
Ivan Gutierrez
Boraie Realty
(732) 310-3642
1 in this area
74 Total Sales
-
A
Seller's Agent in 2016
Alyssa Giglio
Keller Williams Realty of Medford
-
E
Buyer's Agent in 2016
Emilee Jackson
RealEstate.com
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22433871
APN: 22-00065-0000-00003
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.
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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