$110,000
SOLD MAY 14, 2025

553 Ocean Gate Dr Ocean Gate, NJ 08740

0.28 Acre
$392,857 Price per Acre
12,197 Sq Ft Lot

Recently Sold

45% Below List Price

109 Days on Market

About This Lot

As of May 2025

One of the last available lots for building in Ocean Gate. Walking/biking distance to the famous Ocean Gate Boardwalk, piers, beaches, and splash park. Fish or crab across the street in Jeffrey's creek or off one of Ocean Gate's 2 piers. Town has a couple of family owned restaurants, stores, deli, etc. Quaint small town feel and lifestyle yet close to the GSP, Bus station to NYC and the beaches of Seaside. Bigger shopping and bus stop just 1 mile down the road.

Last Agent to Sell the Property

Glen Kelly

Glen Kelly Real Estate LLC License #0457072 Listed on: 03/04/2024

Co-Listed By

Dawn Stagliano

Glen Kelly Real Estate LLC License #1751153

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516

RE/MAX Gateway

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,874

Lot Details

  • 0.28 Acre Lot
  • Fenced

Schools

  • Central Regional High School

Additional Features

  • Water Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Exclusions: garage and shed
  • Assessor Parcel Number 22-00007-0000-00001-02

Property Details

Property Type

Land

Est. Annual Taxes

$1,874

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Fenced Area
  • Co List Office Mls Id: 2845
  • Co List Office Phone: 732-244-0567
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.28
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.28
  • Waterfront: No
  • Exclusions: garage and shed

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 22-00007-0000-00001-02
  • Zoning Description: Residential, Has Variance
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1874.0

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 30, 2025
Sold by
Stagliano Dennis
Bought by
G2k Properties Llc
Seller's Agent
Glen Kelly
Glen Kelly Real Estate LLC
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$199,900
Sold Price
$110,000
Premium/Discount to List
-$89,900
-44.97%
Total Days on Market
109
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27154.48%

Purchase Details

Closed on
Feb 1, 2005
Sold by
Stagliano Jean
Bought by
Stagliano Dennis

Purchase Details

Closed on
Nov 13, 1998
Sold by
Rice Garrison R and Rice Joanne D
Bought by
Stagliano Dennis and Stagliano Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Bargain Sale Deed $110,000 None Listed On Document
Bargain Sale Deed $110,000 None Listed On Document
Quit Claim Deed -- --
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,600 Balloon
Previous Owner $32,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $110,000 -45.0% --
06/21/2024 06/21/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $199,900 -- --
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 $2,035 $210,300 $193,500 $16,800
2023 $1,874 $67,400 $60,500 $6,900
2022 $1,874 $67,400 $60,500 $6,900
2021 $1,794 $67,400 $60,500 $6,900
2020 $1,808 $67,400 $60,500 $6,900
2019 $1,765 $67,400 $60,500 $6,900
2018 $1,703 $67,400 $60,500 $6,900
2017 $1,690 $67,400 $60,500 $6,900
2016 $1,677 $67,400 $60,500 $6,900
2015 $2,166 $106,300 $99,800 $6,500
2014 $2,176 $106,300 $99,800 $6,500
Source: Public Records

Agents Affiliated with this Home

  • Glen Kelly

    Seller's Agent in 2025

    Glen Kelly

    Glen Kelly Real Estate LLC

    (732) 244-0567

    5 in this area

    136 Total Sales

    Glen Kelly
    Section Image

  • D

    Seller Co-Listing Agent in 2025

    Dawn Stagliano

    Glen Kelly Real Estate LLC

    (732) 232-2524

    2 in this area

    15 Total Sales

    Dawn Stagliano
    Section Image
  • Robert Lange

    Buyer's Agent in 2025

    Robert Lange

    RE/MAX

    (609) 693-5002

    65 in this area

    455 Total Sales

    Robert Lange
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22405861

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00007-0000-00001-02

New Jersey Ocean County Ocean Gate 08721

553 Ocean Gate Dr, Ocean Gate, NJ

This home is located at 553 Ocean Gate Dr, Ocean Gate, NJ 08740 and is currently priced at $110,000. 553 Ocean Gate Dr 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.

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