NOT LISTED FOR SALE

519 E Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $375,000 - $411,622

3 Beds
1 Bath
1,100 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $306,450 $279 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,550/month

50 Days on Market

Highlights

  • Deck
  • No HOA
  • Oversized Parking
  • Shore Colonial Architecture
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2022

You won't want to miss this charming 3 bed 1 bathroom home with lots of its original detail. Situated on a rare 100x100 lot with a large detached 2 car garage (with power). Stepping inside, you will immediately notice the inviting living room with lots of natural light flowing in. Behind is the eat in kitchen that leads you to an updated full bathroom. Head to the original and pristine stairs up to find 3 bedrooms. Off the back of the home is an entertaining deck overlooking the back yard and detached garage. The garage is oversized with electric and pull down stairs for additional attic storage. Still plenty of yard left to make it your own! Only a few short blocks to the mile-long beach & boardwalk.

Last Agent to Sell the Property

Jason Price

RE/MAX at Barnegat Bay License #0340492 Listed on: 02/14/2022

RE/MAX at Barnegat Bay

Last Buyer's Agent

Domenica (Mimi) Krauss

Fathom Realty NJ License #0457116

Fathom Realty NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 1945

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Shore Colonial Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Window Treatments
  • Window Screens
  • Crawl Space
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00063-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,451

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, AC Units, Window Treatments, Ceiling Fan(s), Dishwasher, Light Fixtures, Stove, Stove Hood, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Flooring: Laminate, Tile, Other
  • Reso Interior Features: Built-Ins, Dec Molding
  • New Construction: No
  • Year Built: 1945
  • Contract Info List PriceSqFt: 286.27
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: 100 x 100
  • Location Middle School: Central Reg Middle
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Interior Dec Molding: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Water Heater Off Boiler: Yes
  • Foyer Floor - Laminate: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Kitchen Dec Molding5: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.23
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck, Storm Door(s), Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 22-00063-0000-00014
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4451.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 6, 2022
Sold by
Matrale John and Matrale Lori J
Bought by
Krauss Kurt D
Seller's Agent
Jason Price
RE/MAX at Barnegat Bay
Buyer's Agent
Domenica (Mimi) Krauss
Fathom Realty NJ
List Price
$314,900
Sold Price
$306,450
Premium/Discount to List
-$8,450
-2.68%
Current Estimated Value
$396,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,706
Avg. Annual Appreciation
7.52%
Original Mortgage
$10,000
Interest Rate
1%

Purchase Details

Closed on
Nov 22, 2004
Sold by
Williams Danielle A and Tice Danielle A
Bought by
Matrale John and Matrale Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 15, 2003
Sold by
Luttrell Steven
Bought by
Cendant Mobility Government

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.27%

Purchase Details

Closed on
Mar 27, 2001
Sold by
Wilson Kathryn
Bought by
Luttrell Steven and Luttrell Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krauss Kurt D $306,450 Fidelity National Title
Krauss Kurt D $306,450 Fidelity National Title
Matrale John $233,000 Commonwealth Land Title
Cendant Mobility Government $178,000 --
Luttrell Steven $95,000 --
Luttrell Steven $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Krauss Kurt D $10,000
Open Krauss Kurt D $300,899
Closed Krauss Kurt D $300,899
Previous Owner Matrale John $133,000
Previous Owner Cendant Mobility Government $178,000
Previous Owner Luttrell Steven $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $306,450 -2.7% $279 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $314,900 -- $286 / 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 $5,590 $340,000 $197,000 $143,000
2024 $5,048 $340,000 $197,000 $143,000
2023 $4,650 $167,200 $79,400 $87,800
2022 $4,650 $167,200 $79,400 $87,800
2021 $4,451 $167,200 $79,400 $87,800
2020 $4,486 $167,200 $79,400 $87,800
2019 $4,377 $167,200 $79,400 $87,800
2018 $4,225 $167,200 $79,400 $87,800
2017 $4,193 $167,200 $79,400 $87,800
2016 $4,160 $167,200 $79,400 $87,800
2015 $4,455 $218,600 $130,000 $88,600
2014 $4,475 $218,600 $130,000 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22201913

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00063-0000-00014