NOT LISTED FOR SALE

538 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $569,000 - $655,110

3 Beds
2.5 Baths
1,624 Sq Ft
$375/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $583,000 $359 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,946/month

14 Days on Market

Highlights

  • Guest House
  • Custom Home
  • Deck
  • Cabana
  • New Kitchen
  • Marble Flooring

About This Home

As of August 2023

Welcome to Ocean Gate & good times at the Shore. This custom built 2021 home has everything you need & more. Just 1 short block to the beach. Top of the line throughout.Beautiful hardwood & marble flooring. A stunning custom kitchen w Quartz countertops,Farm sink,huge center Island & beautiful cabinetry. Great room features cathedral ceilings,recessed lighting & an open floor plan which is perfect for entertaining. Bathrooms are just gorgeous w custom marble floors & tile work.2 car garage & basement giving you storage galore. Navian tankless heating system. The large property is an outside paradise. A beautiful out door kitchen w granite countertops,porcelain pavers,built in paver gas fire pit. A huge guest house/cabana w heat,air,half bath & custom floors. A relaxing backyard Vacation. & a few short steps to the beach. Garage/basement has room for 4 cars & equipped w smart vents. Come take a look at this beautiful home. Available to show Wednesday June 28th.

Last Agent to Sell the Property

Cessna Statt

RE/MAX at Barnegat Bay License #9702325 Listed on: 06/28/2023

RE/MAX at Barnegat Bay

Last Buyer's Agent

Karen Wohlrab

Daunno Realty Services License #8434589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,720

Year Built

  • Built in 2021

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Custom Home
  • Raised Ranch Architecture
  • Asphalt Rolled Roof
  • Stone Siding
  • Vinyl Siding
  • Piling Construction
  • Stone

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Cabana
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Additional Homes

  • Guest House

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00065-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,720

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • ResoPoolFeatures: Cabana
  • Inclusions: Outdoor Lighting, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Raised Ranch
  • Reso Flooring: Marble, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Dec Molding, Recessed Lighting
  • Reso Other Structures: Guest House
  • Year Built: 2021
  • Contract Info List PriceSqFt: 338.61
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Garbage Disposal: Yes
  • Floors Marble: Yes
  • Pool Cabana: Yes
  • Out Buildings Guest House: Yes
  • Style Raised Ranch: Yes
  • Basement Piling: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Stone
  • Exterior Features: Balcony, Storage, Other, Lighting
  • Foundation Details: Piling
  • Patio And Porch Features: Deck, Porch - Open
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00065-0000-00006
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7720.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 16, 2023
Sold by
Ferazzoli Matthew and Ferazzoli Cristiana
Bought by
Somma Antonio and Somma Maria
Seller's Agent
Cessna Statt
RE/MAX at Barnegat Bay
Buyer's Agent
Karen Wohlrab
Daunno Realty Services
List Price
$549,900
Sold Price
$583,000
Premium/Discount to List
$33,100
6.02%
Views
420
Current Estimated Value
$609,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,778
Avg. Annual Appreciation
1.98%

Purchase Details

Listed on
Dec 22, 2020
Closed on
May 4, 2021
Sold by
Newman Glen
Bought by
Ferazzoli Matthew and Ferazzoli Cristiana
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Cessna Statt
RE/MAX at Barnegat Bay
List Price
$359,900
Sold Price
$365,000
Premium/Discount to List
$5,100
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.58%
Original Mortgage
$292,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2020
Sold by
Briguglio Gabriel and Briguglio Joanne
Bought by
Newman Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Somma Antonio $583,000 Foundation Title
Somma Antonio $583,000 Foundation Title
Ferazzoli Matthew $365,000 None Available
Ferazzoli Matthew $365,000 Land Title
Newman Glen $102,000 None Available
Newman Glen $102,000 None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferazzoli Matthew $292,000
Previous Owner Newman Glen $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $583,000 +6.0% $359 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $549,900 +50.7% $339 / Sq Ft
05/06/2021 05/06/21 Sold $365,000 +1.4% $320 / Sq Ft View Prior Sale
12/23/2020 12/23/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $359,900 -- $316 / Sq Ft
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
2025 $8,863 $539,100 $175,800 $363,300
2024 $8,381 $539,100 $175,800 $363,300
2023 $7,720 $277,600 $70,000 $207,600
2022 $7,720 $277,600 $70,000 $207,600
2021 $2,107 $79,200 $70,000 $9,200
2020 $2,125 $79,200 $70,000 $9,200
2019 $2,073 $79,200 $70,000 $9,200
2018 $2,001 $79,200 $70,000 $9,200
2017 $1,986 $79,200 $70,000 $9,200
2016 $1,971 $79,200 $70,000 $9,200
2015 $2,535 $124,400 $115,000 $9,400
2014 $2,546 $124,400 $115,000 $9,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22317218

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00065-0000-00006