NOT LISTED FOR SALE

521 Newport Ave Ocean Gate, NJ 08740

Estimated Value: $353,000 - $387,000

3 Beds
1 Bath
-- Sq Ft
6,011 Sq Ft Lot

Last Sold August 02, 2018

Last sale price $140,000

Est. 162% increase in value since last sale

Current estimated payment $2,364/month

175 Days on Market

Highlights

  • Carriage House
  • Corner Lot
  • Sitting Room
  • Sun or Florida Room
  • No HOA
  • Double-Wide Driveway

About This Home

As of August 2018

***Price Adjustment***!!!Location!!!Location!!!Location!!! This charming Carriage Style home is full of character. Updates include ceramic floors in kitchen, bath and laundry room, laminate floor in living room and a new appliance package and a nice tiled bathroom. Home offers a high efficient heating and a/c system and an ON demand tankless hwh. It is located in a lovely section of Ocean Gate on a very spacious corner lot (60x100) that has very large side yard and is within a very short walk to the beautiful private beach. All permits were obtained to do the first floor renovation. There is no township mandate to lift the house. Current flood insurance policy is avail. upon request. $1500/year. Don't miss this rare opportunity to own ''Down the Shore'' at a very reasonable price.

Last Agent to Sell the Property

Gerry Venitelli

Keller Williams Shore Properties License #1109325 Listed on: 01/12/2018

Keller Williams Shore Properties

Last Buyer's Agent

Gerald Venitelli

Veltri & Associates, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 60 x 100
  • Corner Lot

Home Design

  • Carriage House
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Window Screens
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • No Garage
  • Double-Wide Driveway
  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed
  • Outbuilding

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
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal belongings. Washer, dryer and furniture are negotiable.
  • Assessor Parcel Number 22-00073-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,607

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: Ceiling Fan(s), Dishwasher, Light Fixtures, Stove, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Carriage House, Other - See Remarks
  • Reso Flooring: Ceramic Tile, Laminate, W/W Carpet
  • Reso Interior Features: Attic - Other, Dec Molding, Eat-in Kitchen, Recessed Lighting
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Storm Window: Yes
  • Parking Double Wide Drive: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen KitchenDine: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Rooms Sitting: Yes
  • Siding Clapboard: Yes
  • Exterior Outbuilding: Yes
  • Style Carriage House: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal belongings. Washer, dryer and furniture are negotiable.
  • Construction Type: Clapboard
  • Exterior Features: Outbuilding, Porch - Enclosed, Storm Door(s), Storm Window
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Open, Double Wide Drive, Driveway, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Open: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 22-00073-0000-00014
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3607.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Kesserman David
Bought by
Ville Fran Llc
Current Estimated Value
$367,434

Purchase Details

Listed on
Jan 12, 2018
Closed on
Aug 2, 2018
Sold by
Venittelli Gary and Venittelli Diane
Bought by
Kesserman David
Seller's Agent
Gerry Venitelli
Keller Williams Shore Properties
Buyer's Agent
Gerry Venitelli
Keller Williams Shore Properties
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$126,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2004
Sold by
Prosser Thomas
Bought by
Venittelli Gary and Venittelli Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.86%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Stauffer Frances
Bought by
Prosser Thomas and Leary Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
6.92%
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
Ville Fran Llc -- Madison Title Agency Llc
Kesserman David $140,000 None Available
Venittelli Gary $154,000 --
Prosser Thomas $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kesserman David $126,000
Previous Owner Venittelli Gary $134,000
Previous Owner Prosser Thomas $71,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $140,000 -- --
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 $4,341 $304,100 $180,000 $124,100
2023 $3,999 $143,800 $70,000 $73,800
2022 $3,999 $143,800 $70,000 $73,800
2021 $3,828 $143,800 $70,000 $73,800
2020 $3,858 $143,800 $70,000 $73,800
2019 $3,765 $143,800 $70,000 $73,800
2018 $3,634 $143,800 $70,000 $73,800
2017 $3,607 $143,800 $70,000 $73,800
2016 $3,578 $143,800 $70,000 $73,800
2015 $3,145 $154,300 $115,000 $39,300
2014 $3,159 $154,300 $115,000 $39,300
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gerry Venitelli

    Keller Williams Shore Properties

    (732) 570-7138

    2 Total Sales

    Gerry Venitelli
    Section Image

  • G

    Buyer's Agent in 2018

    Gerald Venitelli

    Veltri & Associates, Realtors

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21801081

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00073-0000-00014

New Jersey Ocean County Ocean Gate 08740

521 Newport Ave, Ocean Gate, NJ

This home is located at 521 Newport Ave, Ocean Gate, NJ 08740 since 12 January 2018 and is currently estimated at $367,434. This property was built in 1940. 521 Newport Ave is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

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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