NOT LISTED FOR SALE

531 E Atlantic Ave Ocean Gate, NJ 08740

Ocean Gate Area

Estimated Value: $350,891

2 Beds
1 Bath
572 Sq Ft
$613/Sq Ft Est. Value

Sale Details

Date Sold: July 5, 2016

Last sale price $100,000 $175 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,415 / mo

18 Days on Market

Highlights

  • New Kitchen
  • Screened Porch
  • Living Room
  • No HOA
  • Cottage
  • Ceramic Tile Flooring

About This Home

As of July 2016

Great opportunity to own rather than rent. This house is situated on a large 60 x 170 lot and has two porches one heated and one screened in. Freshly painted with new laminate floors, new kitchen and renovated bath. Quiet street only a few blocks from the beach. Makes a great weekend getaway. Property runs from street to street.

Last Agent to Sell the Property

George Shenewolf

Crossroads Realty, Inc. License #1220879 Listed on: 03/21/2016

Crossroads Realty, Inc.

Last Buyer's Agent

Carmine DeRosa

RE/MAX Revolution License #1539906

RE/MAX Revolution
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 60 x 137

Parking

  • No Garage

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Living Room
  • Screened Porch
  • Crawl Space
  • New Kitchen

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Central Regional High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00061-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,538

Year Built

Built in 1940

Lot Details

8,233 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: See Remarks, Other
  • Subdivision Name: None
  • Architectural Style: Ranch, Cottage/Bungalow
  • Reso Flooring: Laminate
  • New Construction: No
  • 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 137
  • General Property Info Farm: No
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Floors Laminate: Yes
  • Exterior Porch - Screened: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Porch - Enclosed, Porch - Screened
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 60 x 137
  • Parcel #: 22-00061-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3538.0

MLS Schools

  • High School: Central Regional

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Bought by
Current Estimated Value
$350,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jun 27, 2016
Sold by
Bought by
Seller's Agent
George Shenewolf
Crossroads Realty, Inc.
Buyer's Agent
Carmine DeRosa
RE/MAX Revolution
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$98,188
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean Gate, NJ

  • Domenica (Mimi) Krauss Real Estate Agent - Fathom Realty NJ

    Domenica (Mimi) Krauss

    Fathom Realty NJ

    (848) 400-5319

    22 Total Sales

    2 in Ocean Gate

    $306K - $545K Price Range

    Domenica (Mimi) Krauss
     Section Image
  • James La Sasso Real Estate Agent - Crossroads Realty, Inc.

    James La Sasso

    Crossroads Realty, Inc.

    (848) 279-9229

    33 Total Sales

    1 in Ocean Gate

    $315,000 Price

    James La Sasso
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  • MaryBeth Tomaro Real Estate Agent - Keller Williams Realty Central Monmouth

    MaryBeth Tomaro

    Keller Williams Realty Central Monmouth

    (848) 301-2239

    90 Total Sales

    1 in Ocean Gate

    $815,200 Price

    MaryBeth Tomaro
     Section Image
  • Anthony Genovese Real Estate Agent - VRI Homes

    Anthony Genovese

    VRI Homes

    (848) 294-1903

    39 Total Sales

    1 in Ocean Gate

    $475,000 Price

    Anthony Genovese
     Section Image
  • Justin Calderon Real Estate Agent - Fathom Realty NJ, LLC

    Justin Calderon

    Fathom Realty NJ, LLC

    (877) 915-5135

    78 Total Sales

    2 in Ocean Gate

    $400K - $440K Price Range

    Justin Calderon
     Section Image
  • Patricia Romano Real Estate Agent - RE/MAX of Long Beach Island

    Patricia Romano

    RE/MAX of Long Beach Island

    (609) 622-4865

    221 Total Sales

    2 in Ocean Gate

    $475,000 Price Range

    Patricia Romano
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 American Land Title
$100,000 First American Title
-- None Available
$182,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $204,250
Previous Owner $6,358
Previous Owner $98,188
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/05/2016 07/05/16 Sold $100,000 -- $175 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,784 $317,600 $184,300 $133,300
2025 $5,784 $317,600 $184,300 $133,300
2024 $4,803 $317,600 $184,300 $133,300
2023 $3,443 $159,100 $73,900 $85,200
2022 $3,443 $123,800 $73,900 $49,900
2021 $3,296 $123,800 $73,900 $49,900
2020 $3,322 $123,800 $73,900 $49,900
2019 $3,241 $123,800 $73,900 $49,900
2018 $3,128 $123,800 $73,900 $49,900
2017 $3,105 $123,800 $73,900 $49,900
2016 $3,080 $123,800 $73,900 $49,900
2015 $3,538 $173,600 $121,300 $52,300
2014 $3,554 $173,600 $121,300 $52,300
Source: Public Records

Agents Affiliated with this Home

  • George Shenewolf Real Estate Agent - Crossroads Realty, Inc.

    Seller's Agent in 2016

    George Shenewolf

    Crossroads Realty, Inc.

    (201) 889-6506

    74 Total Sales

    George Shenewolf
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  • Carmine DeRosa Real Estate Agent - RE/MAX

    Buyer's Agent in 2016

    Carmine DeRosa

    RE/MAX

    (732) 410-7100

    4 Total Sales

    Carmine DeRosa
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21610781

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00061-0000-00005

New Jersey Ocean County Ocean Gate 08740

531 E Atlantic Ave, Ocean Gate, NJ

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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