NOT LISTED FOR SALE

611 E Point Pleasant Ave Ocean Gate, NJ 08740

Ocean Gate Area

Estimated Value: $556,947

2 Beds
1 Bath
1,119 Sq Ft
$498/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2016

Last sale price $94,000 $84 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $4,050 / mo

137 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Crown Molding
  • Wood Flooring
  • Eat-In Kitchen
  • Fenced

About This Home

As of June 2016

Quintessential Ocean Gate Cape! Bring your vision and restore this 2 Bed 1 Bath home back to its potential. Lots of original wood detail. Hardwood Floors that can be refurbished. Enclosed front porch area. Unfinished 2nd floor with enough room for more living space. Spacious 60x100 lot size. Located within walking distance to mile-long beach & boardwalk. Make this home a beauty again, or take down and use the lot to build your dream house!

Last Agent to Sell the Property

Jason Price

RE/MAX at Barnegat Bay License #0340492 Listed on: 01/21/2016

RE/MAX at Barnegat Bay

Last Buyer's Agent

Jason Price

RE/MAX at Barnegat Bay License #0340492 Listed on: 01/21/2016

RE/MAX at Barnegat Bay

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 60 x 100
  • Fenced
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Eat-In Kitchen

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Unpaved Parking
  • Off-Street Parking

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 22-00072-0000-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,267

Year Built

Built in 1930

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Linoleum/Vinyl, Tile, Wood
  • Reso Interior Features: Attic - Other, Dec Molding
  • New Construction: No
  • Year Built: 1930
  • Contract Info List PriceSqFt: 98.21
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: 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 100
  • Living Room Floor - Wood2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • Parking Unpaved: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Floors Tile: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space, Dirt Floor
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Unpaved, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 22-00072-0000-00016
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3267.0

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

Listed on
Jan 21, 2016
Closed on
Jun 29, 2016
Sold by
Novellino Gerald R and Novellino Vincent J
Bought by
Seller's Agent
Jason Price
RE/MAX at Barnegat Bay
Buyer's Agent
Jason Price
RE/MAX at Barnegat Bay
Sold Price
$94,000
Current Estimated Value
$556,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,947
Avg. Annual Appreciation
18.94%

Purchase Details

Closed on
Sep 8, 2009
Sold by
Novellino Bennie
Bought by
Novellino Gerald R and Novellino Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.36%
Mortgage Type
Seller Take Back
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

  • Lisa Hill Real Estate Agent - BHHS Fox & Roach Toms River

    Lisa Hill

    BHHS Fox & Roach Toms River

    (848) 285-6586

    136 Total Sales

    2 in Ocean Gate

    $220K - $225K Price Range

    Lisa Hill
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  • Tracy Barcus Real Estate Agent - 1st Class Real Estate Agency

    Tracy Barcus

    1st Class Real Estate Agency

    (848) 233-3381

    72 Total Sales

    1 in Ocean Gate

    $345,000 Price

    Tracy Barcus
     Section Image
  • David Borrero Real Estate Agent - RE/MAX HOMELAND REALTORS

    David Borrero

    RE/MAX HOMELAND REALTORS

    (877) 847-1337

    221 Total Sales

    1 in Ocean Gate

    $875,000 Price

    David Borrero
     Section Image
  • Michael Harbord Real Estate Agent - 1st Class Real Estate Agency

    Michael Harbord

    1st Class Real Estate Agency

    (848) 251-0213

    94 Total Sales

    1 in Ocean Gate

    $320,000 Price

    Michael Harbord
     Section Image
  • THOMAS BISHOP Real Estate Agent - Jason Mitchell Real Estate New Jersey

    THOMAS BISHOP

    Jason Mitchell Real Estate New Jersey

    (877) 454-3114

    56 Total Sales

    1 in Ocean Gate

    $435,000 Price

    THOMAS BISHOP
     Section Image
  • DENNIS MARK INTERDONATO Real Estate Agent - Keller Williams Realty Ocean Living

    DENNIS MARK INTERDONATO

    Keller Williams Realty Ocean Living

    (848) 301-2412

    99 Total Sales

    1 in Ocean Gate

    $380,000 Price

    DENNIS MARK INTERDONATO
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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
$94,000 --
Novellino Gerald R $125,000 Land Title Agency Inc
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 $100,000
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
06/24/2016 06/24/16 Sold $94,000 -- $84 / 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 $10,877 $597,300 $180,000 $417,300
2025 $10,877 $597,300 $180,000 $417,300
2024 $10,240 $597,300 $180,000 $417,300
2023 $9,433 $339,200 $70,000 $269,200
2022 $9,433 $339,200 $70,000 $269,200
2021 $9,030 $70,000 $70,000 $0
2020 $4,236 $157,900 $70,000 $87,900
2019 $4,134 $157,900 $70,000 $87,900
2018 $3,990 $157,900 $70,000 $87,900
2017 $3,960 $157,900 $70,000 $87,900
2016 $3,929 $157,900 $70,000 $87,900
2015 $3,267 $160,300 $115,000 $45,300
2014 $3,281 $160,300 $115,000 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Jason Price Real Estate Agent - RE/MAX

    Seller's Agent in 2016

    Jason Price

    RE/MAX

    (609) 242-6042

    73 Total Sales

    Jason Price
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21602420

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00072-0000-00016

New Jersey Ocean County Ocean Gate 08740

611 E Point Pleasant 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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