$415,000
PENDING

616 E Arverne Ave Ocean Gate, NJ 08740

Estimated payment $2,682/month

Total Views 4,590
2 Beds
1 Bath
1,420 Sq Ft
$292 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Cape Cod Architecture
  • No HOA
  • Stainless Steel Appliances

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.

Listing Agent

Jennifer Francis

(609) 693-5002 forkedriver@rbbre.com RE/MAX at Barnegat Bay - Forked River Brokerage Phone: 6096935002 Listed on: 01/05/2026

RE/MAX at Barnegat Bay - Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1925

Lot Details

  • 6,878 Sq Ft Lot
  • Lot Dimensions are 80.00 x 86.00

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Stone Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,420 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Carpet
  • Views of Woods
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Suburban Location

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Gate Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 22-00069-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,528

Year Built

Built in 1925

Lot Details

6,878 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal Property; Fridge and Deep Freezer in Garage; Workbench in garage; Swing set
  • Inclusions: AC Units; Ceiling Fan(s); Dishwasher; Dryer; Gas Cooking; Light Fixtures; Microwave; Outdoor Lighting; Refrigerator; Stove; Washer
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Bathroom - Tub Shower, Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1420
  • Living Area Sq Ft: 1420
  • Price Per Sq Ft: 292.25
  • Above Grade Finished Sq Ft: 1420
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Multi Units
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OCEAN GATE
  • High School: CENTRAL REGIONAL H.S.
  • Middle Or Junior School: CENTRAL REGIONAL M.S.

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 80.00 x 86.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6878.00
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6528.00
  • Assessor Parcel Number: 22-00069-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CENTRAL REGIONAL SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Pending -- -- --
01/05/2026 01/05/26 For Sale $415,000 +32.6% $292 / 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
Source: Bright MLS

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
Source: Public Records

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: Public Records

Source: Bright MLS

MLS Number: NJOC2039022

Bright MLS

APN: 22-00069-0000-00003

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