NOT LISTED FOR SALE

614 Monmouth Ave Ocean Gate, NJ 08740

Estimated Value: $336,000 - $433,240

2 Beds
1 Bath
675 Sq Ft
$570/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $285,000 $422 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,556/month

13 Days on Market

Highlights

  • River View
  • Deck
  • Granite Countertops
  • New Kitchen
  • Engineered Wood Flooring
  • No HOA

About This Home

As of July 2021

The one you've been waiting for in Ocean Gate! Great opportunity for a raised and completely renovated home on an oversized lot with river views and just 2 blocks to the mile long beach and boardwalk. This charming yet stylish 2 bedroom home offers new lifeproof vinyl flooring throughout, bright and open spaces, sliding door and vaulted ceiling in the living room and kitchen featuring granite counters and stainless appliances, new roof and siding, all new systems and dedicated laundry area. Perfect for year round living, a summer getaway and an excellent carefree condo or adult community alternative. There is plenty of room to add a detached garage and for plenty of parking and storage. Don't let this one pass you by, check it out today and see all this tucked away beach town has to offer.

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 06/02/2021

RE/MAX Gateway

Co-Listed By

Marcello Carboni

RE/MAX at Barnegat Bay

Last Buyer's Agent

Dayna Graziano

Keller Williams Shore Properties License #1751807

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Oversized Lot

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Engineered Wood Flooring
  • River Views
  • Crawl Space
  • Laundry Room

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

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
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00048-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,085

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Riverview
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Sliding Door, Recessed Lighting
  • Year Built: 1910
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Living Room Floor - Engineered: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 80 x 100
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Lot Description Oversized3: Yes
  • Living Room Sliding Door2: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: 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: 80 x 100
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 22-00048-0000-00010
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3085.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 20, 2021
Sold by
Newman Glen
Bought by
Serpico Courtney
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Dayna Graziano
Keller Williams Shore Properties
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Current Estimated Value
$385,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,060
Avg. Annual Appreciation
7.46%
Original Mortgage
$225,000
Outstanding Balance
$204,900
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$180,160

Purchase Details

Closed on
Mar 10, 2021
Sold by
Carboni Marcello Thomas
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
$150,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2020
Sold by
U S Bank Trust Na
Bought by
Carboni Marcello Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 4, 2018
Sold by
Michael D Addario Christine and Addario Michael D
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trusts

Purchase Details

Closed on
Aug 10, 1998
Sold by
Newhouse Mary Ann B
Bought by
Daddario Christine
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
Serpico Courtney $285,000 Property Transfer Svcs Inc
Serpico Courtney $285,000 None Listed On Document
Newman Glen $155,000 First In Title
Carboni Marcello Thomas $60,900 Fit Agency Llc
U S Bank Trust Na $80,000 None Available
Daddario Christine $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serpico Courtney $225,000
Closed Serpico Courtney $225,000
Previous Owner Newman Glen $150,000
Previous Owner Carboni Marcello Thomas $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $285,000 +1.8% $422 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $279,900 -- $415 / 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 $6,269 $381,300 $188,500 $192,800
2024 $6,283 $381,300 $188,500 $192,800
2023 $5,787 $208,100 $74,700 $133,400
2022 $5,787 $208,100 $74,700 $133,400
2021 $5,540 $115,000 $74,700 $40,300
2020 $3,085 $115,000 $74,700 $40,300
2019 $3,011 $115,000 $74,700 $40,300
2018 $2,906 $115,000 $74,700 $40,300
2017 $2,884 $115,000 $74,700 $40,300
2016 $2,861 $115,000 $74,700 $40,300
2015 $3,575 $175,400 $122,500 $52,900
2014 $3,590 $175,400 $122,500 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117340

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00048-0000-00010