NOT LISTED FOR SALE

519 Ocean Gate Ave Unit 2 Ocean Gate, NJ 08740

Estimated Value: $208,850

2 Beds
1 Bath
900 Sq Ft
$232/Sq Ft Est. Value

Highlights

  • Custom Home
  • Living Room
  • Forced Air Heating System
  • Multiple cooling system units
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2022

Turn key, updated and charming apartment with laundry in the unit in Ocean Gate. This great opportunity features 2 bedrooms, a large living room, spacious and modern bathroom, open eat in kitchen and enclosed entryway. Plenty of parking on the street and right in the center of town, plus close to the beach and boardwalk. Tenant pays their own electric and have their own meter, but gas (heat), water and sewer are included in the rent. Check it out today!

Last Agent to Rent the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 03/05/2022

RE/MAX Gateway

Last Renter's Agent

Alyssa Giglio

Glen Cove Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,609

Year Built

  • Built in 1940

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Custom Home

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,700
  • Property Available on 3/5/22
  • Assessor Parcel Number 22-00021-0000-00006

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,609

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Available Date: 2022-03-05

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.05
  • Location Middle School: Central Reg Middle
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2022-03-05
  • Maintenance Fees Security Deposit3: 2700.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Acres: 0.05
  • Waterfront: No

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 22-00021-0000-00006

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
1St Junction Llc
Bought by
519 Og Llc
Total Days on Market
23
Current Estimated Value
$208,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$147,166
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2014
Sold by
Muller Henry J and Muller Robert R
Bought by
Junction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.17%
Mortgage Type
Commercial
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
519 Og Llc $160,000 Counsellors Title Agency Inc
Junction Llc $135,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 519 Og Llc $160,000
Previous Owner Junction Llc $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Rented $21,600 +1100.0% --
03/05/2022 03/05/22 For Rent $1,800 -- --
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 $5,609 $362,700 $112,000 $250,700
2023 $5,167 $185,800 $56,500 $129,300
2022 $5,167 $185,800 $56,500 $129,300
2021 $4,946 $185,800 $56,500 $129,300
2020 $4,985 $185,800 $56,500 $129,300
2019 $4,864 $185,800 $56,500 $129,300
2018 $4,695 $185,800 $56,500 $129,300
2017 $4,660 $185,800 $56,500 $129,300
2016 $4,623 $185,800 $56,500 $129,300
2015 $3,948 $193,700 $60,000 $133,700
2014 $3,965 $193,700 $60,000 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22206132

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00021-0000-00006