616 E Arverne Ave Ocean Gate, NJ 08740
Estimated payment $2,712/month
Highlights
- Popular Property
- Deck
- Loft
- Cape Cod Architecture
- Backs to Trees or Woods
- Granite Countertops
About This Home
Welcome to this charming Cape-style home nestled in the heart of Ocean Gate where coastal living meets peaceful privacy. You'll love the spacious, open layout featuring a generous sized living room with a breakfast nook, a large laundry/utility room, an updated full bathroom, and a convenient main-level bedroom. The updated kitchen features modern cabinets, tile flooring, granite countertops, and stainless steel appliances. A sliding glass door leads to the back deck and fully fenced yard, where you can enjoy peaceful views of the private wooded preserve. Upstairs, you'll find a versatile loft area currently used as a bedroom, though it could also serve as a home office or playroom. There is also a separate small bonus room that adds even more flexibility and character to the home. Outside, the spacious backyard offers plenty of room for entertaining, relaxing, or outdoor activities. Additional highlights include an outdoor shower, storage shed, and a heated oversized detached garage, perfect for a woodworker, mechanic, hobbyist, extra storage, or just a great hangout space! The home sits on a large, private lot with ample parking for four or more vehicles. This Ocean Gate beauty offers the best of both worlds - coastal charm paired with the serenity of a wooded retreat. Shore living without the shore-price tag! Minutes to the beach, OG boardwalk and favorite local restaurants like The Anchor Inn and Rosie's! Easy access to Route 9, shopping, parks, and schools. If you're from Ocean Gate, you already know. If you're not, come discover why this close-knit coastal community is such a hidden gem! Please note that room measurements are approximate. Some photos have been enhanced for marketing purposes. Sellers have flood insurance that runs about $500 a year.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,528
Year Built
- Built in 1925
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 80 x 86
- Fenced
- Oversized Lot
- Backs to Trees or Woods
Parking
- 1.5 Car Detached Garage
- Oversized Parking
- Heated Garage
- Driveway
Home Design
- Cape Cod Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,060 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Light Fixtures
- Gas Fireplace
- Sliding Doors
- Living Room
- Loft
- Crawl Space
Kitchen
- Breakfast Room
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deck
- Exterior Lighting
- Shed
- Storage Shed
Schools
- Ocean Gate Elementary School
- Central Reg Middle School
- Central Regional High School
Utilities
- Air Conditioning
- Ductless Heating Or Cooling System
- Multiple cooling system units
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal Property; Fridge and Deep Freezer in Garage; Workbench in garage; Swing set;
- Assessor Parcel Number 22-00069-0000-00003
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,894 | $358,500 | $171,900 | $186,600 |
| 2024 | $5,166 | $358,500 | $171,900 | $186,600 |
| 2023 | $4,758 | $171,100 | $72,700 | $98,400 |
| 2022 | $4,758 | $171,100 | $72,700 | $98,400 |
| 2021 | $4,555 | $171,100 | $72,700 | $98,400 |
| 2020 | $4,591 | $171,100 | $72,700 | $98,400 |
| 2019 | $4,479 | $171,100 | $72,700 | $98,400 |
| 2018 | $4,324 | $171,100 | $72,700 | $98,400 |
| 2017 | $4,291 | $171,100 | $72,700 | $98,400 |
| 2016 | $4,257 | $171,100 | $72,700 | $98,400 |
| 2015 | $4,455 | $218,600 | $119,400 | $99,200 |
| 2014 | $4,475 | $218,600 | $119,400 | $99,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2026 01/04/26 | For Sale | $415,000 | +32.6% | $392 / Sq Ft | |
| 08/31/2023 08/31/23 | Sold | $313,000 | -10.6% | $295 / Sq Ft | View Prior Sale |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- | |
| 06/25/2023 06/25/23 | For Sale | $349,999 | +45.9% | $330 / Sq Ft | |
| 04/26/2021 04/26/21 | Sold | $239,900 | -4.0% | $169 / Sq Ft | View Prior Sale |
| 03/18/2021 03/18/21 | Price Changed | $249,900 | +4.2% | $176 / Sq Ft | |
| 02/16/2021 02/16/21 | For Sale | $239,900 | 0.0% | $169 / Sq Ft | |
| 10/01/2019 10/01/19 | Rented | $17,700 | 0.0% | -- | |
| 10/01/2019 10/01/19 | Under Contract | -- | -- | -- | |
| 09/30/2019 09/30/19 | Rented | $17,700 | +1041.9% | -- | |
| 07/18/2019 07/18/19 | For Rent | $1,550 | 0.0% | -- | |
| 07/11/2019 07/11/19 | Sold | $151,000 | -- | $106 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $313,000 | Old Republic Title | |
| Bargain Sale Deed | $313,000 | Old Republic Title | |
| Deed | $239,900 | University Title Ins Agcy | |
| Deed | $239,900 | University Title | |
| Special Warranty Deed | $151,000 | First Integrity Title Agency | |
| Deed | $70,000 | Fortune Title Agency Inc | |
| Bargain Sale Deed | $199,000 | New Jersey Title Ins Company | |
| Deed | $186,000 | Pegasus Title Agency Llc | |
| Deed | $140,000 | -- | |
| Executors Deed | $20,000 | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $313,000 | VA | |
| Closed | $313,000 | VA | |
| Previous Owner | $235,551 | FHA | |
| Previous Owner | $110,000 | Purchase Money Mortgage | |
| Previous Owner | $195,395 | FHA | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $133,000 | No Value Available | |
| Previous Owner | $54,899 | FHA |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22600242
APN: 22-00069-0000-00003
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