NOT LISTED FOR SALE

532 E Lakewood Ave Ocean Gate, NJ 08740

Estimated Value: $555,000 - $620,000

4 Beds
2 Baths
2,204 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $339,000 $154 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,652/month

8 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Wood Flooring
  • Open Floorplan
  • Deck
  • Whirlpool Bathtub

About This Home

As of July 2020

One of the most beautiful homes in Ocean Gate located just 3 blocks from the beach! Recently elevated '15 and completely remodeled! This 2292 sq ft, 4 bedroom, 2 bath home features upgraded windows, Certainteed Cedar impressions siding, Trex decking on front and side porches. New roofing in '13 and '06, wood flooring throughout. HVAC '13. Open Living/Dining with a gorgeous built in gas fireplace leading to a large kitchen with Maple cabinets and a center island with storage and all appliances included. Walk in pantry and Laundry Room. Den off the Living Rm ideal for office. Spacious bedrooms with ample closet space. New PVC fence, 8x12 vinyl sided shed '13. 5 person hot tub on expanded paver patio. Roses border the patio while the weeping willow sways in the breeze. #Summer Getaway

Last Agent to Sell the Property

Maryanne Sawade

RE/MAX Preferred Professional-Hillsborough Listed on: 06/06/2020

RE/MAX Preferred Professional-Hillsborough

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,417

Year Built

  • Built in 1930 | Remodeled in 2019

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is Fully Fenced
  • Privacy Fence
  • Vinyl Fence
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,204 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Hung Windows
  • Six Panel Doors
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 22-00064-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,417

Year Built

Built in 1930 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All appliances and Hot tub
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Year Renovated: 2019
  • Remarks Public: One of the most beautiful homes in Ocean Gate located just 3 blocks from the beach! Recently elevated '15 and completely remodeled! This 2292 sq ft, 4 bedroom, 2 bath home features upgraded windows, Certainteed Cedar impressions siding, Trex decking on front and side porches. New roofing in '13 and '06, wood flooring throughout. HVAC '13. Open Living/Dining with a gorgeous built in gas fireplace leading to a large kitchen with Maple cabinets and a center island with storage and all appliances included. Walk in pantry and Laundry Room. Den off the Living Rm ideal for office. Spacious bedrooms with ample closet space. New PVC fence, 8x12 vinyl sided shed '13. 5 person hot tub on expanded paver patio. Roses border the patio while the weeping willow sways in the breeze. #Summer Getaway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood, Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Pantry, Whirlpool/Hottub, Wood Floors
  • Window Features: Double Hung, Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 2
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2204
  • Living Area Sq Ft: 2204
  • Price Per Sq Ft: 153.81
  • Above Grade Finished Sq Ft: 2204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 532

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Water Body Name: Mouth of the Barnegat Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Vinyl, Privacy
  • Improvement Assessed Value: 141500.00
  • Land Assessed Value: 65400.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: R

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 3055617
  • Tax Annual Amount: 5417.00
  • Assessor Parcel Number: 22-00064-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 2204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/13/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 13, 2020
Sold by
Dileo Anthony J and Dileo Elizabeth
Bought by
Beckett Samantha and Beckett Pamela J
Seller's Agent
Maryanne Sawade
RE/MAX Preferred Professional-Hillsborough
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$574,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,586
Avg. Annual Appreciation
10.35%
Original Mortgage
$271,200
Outstanding Balance
$243,146
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$318,173

Purchase Details

Closed on
Aug 15, 2013
Sold by
Dileo Elizabeth and Dileo Anthony J
Bought by
Dileo Anthony J and Dileo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,100
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Schuler Edward W and Lawson Russell H
Bought by
Cappelletti Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,450
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2005
Sold by
Demarest Robert
Bought by
Schuler Edward W and Lawson Russell H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 1999
Sold by
Advocates Inc
Bought by
Demarest Robert

Purchase Details

Closed on
Aug 24, 1999
Sold by
Mulligan Chrystopher and Mulligan Tara
Bought by
Advocates Inc
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
Beckett Samantha $339,000 Surety Title Company Llc
Dileo Anthony J -- None Available
Cappelletti Elizabeth $311,000 Fidelity National Title
Schuler Edward W $220,000 First American Title Ins Co
Demarest Robert $140,000 --
Advocates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckett Samantha $271,200
Previous Owner Dileo Anthony J $277,100
Previous Owner Dileo Elizabeth $295,229
Previous Owner Cappelletti Elizabeth $295,450
Previous Owner Schuler Edward W $44,000
Previous Owner Schuler Edward W $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $339,000 0.0% $154 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $339,000 -- $154 / Sq Ft
Source: Bright MLS

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 $6,246 $430,900 $163,000 $267,900
2023 $5,754 $206,900 $65,400 $141,500
2022 $5,754 $206,900 $65,400 $141,500
2021 $5,508 $206,900 $65,400 $141,500
2020 $5,551 $206,900 $65,400 $141,500
2019 $5,417 $206,900 $65,400 $141,500
2018 $5,228 $206,900 $65,400 $141,500
2017 $5,239 $208,900 $65,400 $143,500
2016 $5,197 $208,900 $65,400 $143,500
2015 $4,586 $225,000 $107,500 $117,500
2014 $4,606 $225,000 $107,500 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC398880

Bright MLS

APN: 22-00064-0000-00007

New Jersey Ocean County Ocean Gate 08740

532 E Lakewood Ave, Ocean Gate, NJ

This home is located at 532 E Lakewood Ave, Ocean Gate, NJ 08740 since 06 June 2020 and is currently estimated at $574,586, approximately $260 per square foot. This property was built in 1930. 532 E Lakewood 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.

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