NOT LISTED FOR SALE

524 E Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $312,000 - $350,000

2 Beds
1 Bath
770 Sq Ft
$428/Sq Ft Est. Value

Last Sold February 14, 2025

Last sale price $320,000 $416 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,058/month

50 Days on Market

Highlights

  • Sun or Florida Room
  • Multiple cooling system units
  • Living Room
  • No HOA
  • Patio
  • Laundry Room

About This Home

As of February 2025

Charming, affordable and turn key ranch in Ocean Gate. This home is located just blocks to the beach & boardwalk, area restaurants, and is the perfect shore getaway or year round residence. The property has been updated inside and out and is ready for new buyer's to call it home. Don't miss this opportunity to become part of one the the Jersey Shore's best kept secrets, make your plans to check it out today!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 12/02/2024

RE/MAX Gateway

Co-Listed By

Robert Kosinski

RE/MAX Gateway License #1643938

Last Buyer's Agent

Edward Mariconda

Keller Williams Preferred Properties,Bayville License #1863866

Keller Williams Preferred Properties,Bayville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1940

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20 x 100

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00062-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,449

Year Built

Built in 1940

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3357
  • Co List Office Phone: 732-695-1600
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1940
  • Contract Info List PriceSqFt: 415.45
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.05
  • General Property Info Lot Dimensions: 20 x 100
  • Location Middle School: Central Reg Middle
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Ranch: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Waterfront: No
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

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: 20 x 100
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 22-00062-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3449.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Feb 14, 2025
Sold by
11 West Arverne Llc
Bought by
Devaney Molly
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Edward Mariconda
Keller Williams Preferred Properties,Bayville
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%
Views
72
Current Estimated Value
$334,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,392
Avg. Annual Appreciation
2.85%
Original Mortgage
$279,900
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2019
Closed on
Aug 4, 2020
Sold by
Atie Charbel and Atie Jamileh
Bought by
11 West Arverne Llc
Seller's Agent
Michael Mcquade
RE/MAX Award Realtors
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%

Purchase Details

Closed on
Oct 15, 2008
Sold by
Atie Charbel and Atie Jamileh
Bought by
Atie Charbel and Atie Jamileh

Purchase Details

Closed on
Sep 25, 2006
Sold by
Nuara Charles and Nuara Robin L
Bought by
Atie Charbel and Atie Jamillhl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Ballantyne Elizabeth
Bought by
Nuara Charles and Nuara Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devaney Molly $319,900 Foundation Title
Devaney Molly $319,900 Foundation Title
11 West Arverne Llc $135,000 None Available
Atie Charbel -- None Available
Atie Charbel $169,000 Transnation Title Ins Co Inc
Nuara Charles $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devaney Molly $279,900
Previous Owner Atie Charbel $135,200
Previous Owner Nuara Charles $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Sold $320,000 0.0% $416 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $319,900 +137.0% $415 / Sq Ft
08/10/2020 08/10/20 Sold $135,000 -2.9% -- View Prior Sale
06/19/2020 06/19/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $139,000 0.0% --
12/15/2019 12/15/19 Rented $15,600 -3.7% --
11/30/2017 11/30/17 Rented $16,200 +8.0% --
09/14/2015 09/14/15 Rented $15,000 -7.4% --
04/13/2013 04/13/13 Rented $16,200 -- --
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 $3,820 $209,800 $112,000 $97,800
2024 $3,218 $209,800 $112,000 $97,800
2023 $2,965 $106,600 $51,300 $55,300
2022 $2,965 $106,600 $51,300 $55,300
2021 $2,838 $106,600 $51,300 $55,300
2020 $2,860 $106,600 $51,300 $55,300
2019 $2,791 $106,600 $51,300 $55,300
2018 $2,694 $106,600 $51,300 $55,300
2017 $2,674 $106,600 $51,300 $55,300
2016 $2,652 $106,600 $51,300 $55,300
2015 $2,495 $122,400 $85,000 $37,400
2014 $2,506 $122,400 $85,000 $37,400
Source: Public Records

Agents Affiliated with this Home

  • Robert Lange

    Seller's Agent in 2025

    Robert Lange

    RE/MAX

    (732) 300-4307

    57 in this area

    350 Total Sales

    Robert Lange
    Section Image
  • Robert Kosinski

    Seller Co-Listing Agent in 2025

    Robert Kosinski

    RE/MAX

    (732) 996-7448

    18 in this area

    238 Total Sales

    Robert Kosinski
    Section Image

  • E

    Buyer's Agent in 2025

    Edward Mariconda

    Keller Williams Preferred Properties,Bayville

    (732) 995-1249

    1 in this area

    8 Total Sales

    Edward Mariconda
    Section Image

  • M

    Seller's Agent in 2020

    Michael Mcquade

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22434195

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00062-0000-00004

New Jersey Ocean County Ocean Gate 08740

524 E Point Pleasant Ave, Ocean Gate, NJ

Not Listed for Sale

Detached

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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