$150,000
SOLD SEP 17, 2019

616 Newport Ave Ocean Gate, NJ 08740

3 Beds
2 Baths
1,616 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

235 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Direct Access Garage
  • Forced Air Heating System
  • No HOA
  • Oversized Parking
  • Fenced

About This Home

As of April 2020

This large Ranch located in Ocean Gate has an open floor plan and offers 3 bedrooms and 2 full baths including a Master Suite with its own Full bath, Living Room, Family Room with Fireplace, Dining Room and Kitchen. Located in close proximity to the Beach, Ocean Gate Boardwalk, restaurants, schools, parks, and shopping.

Last Agent to Sell the Property

Jennifer Francis

RE/MAX at Barnegat Bay Listed on: 01/03/2019

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1984

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00063-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,671

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1984
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Style Ranch: Yes
  • Garage Oversized: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Fence

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Oversized
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • 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: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00063-0000-00008

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5671.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 26, 2020
Sold by
Fa Investments Llc
Bought by
Zieser Colleen
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Tyler Kelly
RE/MAX at Barnegat Bay
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$487,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,584
Avg. Annual Appreciation
11.04%
Original Mortgage
$271,503
Outstanding Balance
$242,255
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$245,229

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 27, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
F A Investments Llc
Seller's Agent
Jennifer Francis
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.63%

Purchase Details

Closed on
Apr 15, 2019
Sold by
Strickland Janice S and Lobelo Orlando Baos
Bought by
Wilmington Savings Fund Society and Finance Of America Structured Securities

Purchase Details

Closed on
Apr 24, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Strickland Janice

Purchase Details

Closed on
Jun 9, 2008
Sold by
Donnelly Michael J
Bought by
Hud

Purchase Details

Closed on
Dec 6, 2004
Sold by
Distelcamp Eleanor and Distelcamp William
Bought by
Donnelly Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,677
Interest Rate
5.63%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $279,900 Foundation Title Llc
Deed $150,000 Victoria Abstract Setmnt Svc
Sheriffs Deed $120,000 None Available
Special Warranty Deed $140,000 Collegiate Title Corporation
Sheriffs Deed -- None Available
Bargain Sale Deed $250,000 Ocean Title Service Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,503 New Conventional
Previous Owner $298,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $244,677 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold $279,900 0.0% $173 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $279,900 +86.6% $173 / Sq Ft
09/17/2019 09/17/19 Sold $150,000 -- $93 / 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
2024 $6,917 $442,000 $180,000 $262,000
2023 $6,371 $229,100 $70,000 $159,100
2022 $6,371 $229,100 $70,000 $159,100
2021 $6,099 $229,100 $70,000 $159,100
2020 $6,021 $224,400 $70,000 $154,400
2019 $5,875 $224,400 $70,000 $154,400
2018 $5,671 $224,400 $70,000 $154,400
2017 $5,628 $224,400 $70,000 $154,400
2016 $5,583 $224,400 $70,000 $154,400
2015 $5,335 $261,800 $115,000 $146,800
2014 $5,359 $261,800 $115,000 $146,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21900345

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00063-0000-00008