NOT LISTED FOR SALE

524 E Bayview Ave Ocean Gate, NJ 08740

Ocean Gate Neighborhood

Estimated Value: $422,000 - $454,000

3 Beds
2 Baths
1,338 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $388,888 $291 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,837/month

13 Days on Market

Highlights

  • New Kitchen
  • No HOA
  • Skylights
  • Granite Countertops
  • Den
  • Ceiling height of 9 feet on the main level

About This Home

As of June 2023

A great opportunity in Ocean Gate, less than 2 blocks to the beach and boardwalk! This charming ranch is turn key, affordable and offers bright and open spaces, vaulted ceilings and plenty of room for everyone. The home has been recently updated with newer flooring/carpet and fresh paint, an open and modern kitchen, a living room, separate dining space, plus a bonus back den, 3 bedrooms, 2 full bathrooms and a separate laundry room. The front yard is stone for low maintenance and plenty of parking, the back yard is fenced and private. This home is a great option for a full time residence or summer getaway. Make your plans to check out this property today and discover what Ocean Gate is all about!

Last Listed By

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 04/28/2023

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Fenced

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Skylights
  • Living Room
  • Dining Room
  • Den
  • Crawl Space
  • Laundry Room

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

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 22-00065-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,425

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Skylight
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Den2: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: 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: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00065-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4425.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 9, 2023
Sold by
11 West Arverne Llc
Bought by
Limongelli Brian T
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Jasmin Elalfy
NJ Elite Group LLC
List Price
$349,900
Sold Price
$388,888
Premium/Discount to List
$38,988
11.14%
Total Days on Market
13
Views
136
Current Estimated Value
$439,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,670
Avg. Annual Appreciation
6.69%
Original Mortgage
$311,110
Outstanding Balance
$304,558
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$135,000

Purchase Details

Closed on
Sep 20, 2019
Sold by
Dejianne Lorraine and Spadone Judy
Bought by
11 W Arverne Llc

Range of Values:

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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
Limongelli Brian T $388,888 Stewart Title
11 W Arverne Llc $97,500 First Integrity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Limongelli Brian T $311,110
Previous Owner 11 West Arverne Llc $232,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $388,888 +11.1% $291 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $349,900 0.0% $262 / Sq Ft
12/15/2019 12/15/19 Rented $21,000 0.0% --
12/15/2019 12/15/19 Rented $21,000 +1135.3% --
12/06/2019 12/06/19 Under Contract -- -- --
11/25/2019 11/25/19 For Rent $1,700 -- --
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 $4,803 $355,900 $143,500 $212,400
2023 $4,425 $159,100 $60,700 $98,400
2022 $4,425 $159,100 $60,700 $98,400
2021 $3,563 $159,100 $60,700 $98,400
2020 $4,269 $159,100 $60,700 $98,400
2019 $3,966 $151,500 $60,700 $90,800
2018 $3,828 $151,500 $60,700 $90,800
2017 $3,800 $151,500 $60,700 $90,800
2016 $3,519 $151,500 $60,700 $90,800
2015 $3,920 $204,600 $100,000 $104,600
2014 $3,938 $204,600 $100,000 $104,600
Source: Public Records

Agents Affiliated with this Home

  • Robert Lange

    Seller's Agent in 2023

    Robert Lange

    RE/MAX

    (609) 693-5002

    66 in this area

    470 Total Sales

    Robert Lange
    Section Image
  • Robert Kosinski

    Seller Co-Listing Agent in 2023

    Robert Kosinski

    RE/MAX

    (732) 996-7448

    21 in this area

    283 Total Sales

    Robert Kosinski
    Section Image
  • Jasmin Elalfy

    Buyer's Agent in 2023

    Jasmin Elalfy

    NJ Elite Group LLC

    (732) 213-3540

    2 in this area

    182 Total Sales

    Jasmin Elalfy
    Section Image
  • Marcello Carboni

    Seller's Agent in 2019

    Marcello Carboni

    Coldwell Banker Realty

    (732) 644-1562

    10 in this area

    123 Total Sales

    Marcello Carboni
    Section Image

  • S

    Buyer's Agent in 2019

    Sherri Bauer

    Weichert Realtors-Freehold

  • S

    Buyer's Agent in 2019

    Sherri Donovan

    Berkshire Hathaway HomeServices Fox & Roach - Manalapan

See All Agents

Map

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22311207

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00065-0000-00004

New Jersey Ocean County Ocean Gate 08740 Ocean Gate

524 E Bayview Ave, Ocean Gate, NJ

Homes for Sale in Ocean Gate, NJ

This home is located at 524 E Bayview Ave, Ocean Gate, NJ 08740 since 28 April 2023 and is currently estimated at $439,558, approximately $328 per square foot. This property was built in 1950. 524 E Bayview 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.