$387,000 - $421,000
RENTED APR 1, 2025

616 Ocean Gate Ave Unit 3 Ocean Gate, NJ 08740

2 Beds
1 Bath
732 Sq Ft
$546 Price per Sq Ft

About This Home

This refreshed duplex unit #3 in Ocean Gate is ready for new tenants! The kitchen includes new vinyl flooring, access to the washer & dryer & side exterior door. New bath w/ tub shower! 2 spacious bedrooms & living room feature wood flooring. New central AC. Gas baseboard heating. Close proximity to all Ocean Gate has to offer including The Anchor Inn, Ocean Gate Beach, Bayville shopping centers, Route 9 & more! No pets, smoking or vaping.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 1999
Sold by
Nutley Douglas E and Nutley Lynne S
Bought by
3-5 West Point Pleasant Company Llc
Current Estimated Value
$399,821

Purchase Details

Closed on
Mar 8, 1994
Sold by
Duenas Mary P
Bought by
Nutley Douglas E and Nutley Lynne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
3-5 West Point Pleasant Company Llc -- --
Nutley Douglas E $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nutley Douglas E $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Rented $23,400 +1100.0% --
03/07/2025 03/07/25 Under Contract -- -- --
02/20/2025 02/20/25 For Rent $1,950 -- --

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 $5,392 $343,200 $164,700 $178,500
2023 $4,967 $178,600 $68,700 $109,900
2022 $4,967 $178,600 $68,700 $109,900
2021 $4,754 $178,600 $68,700 $109,900
2020 $4,792 $178,600 $68,700 $109,900
2019 $4,676 $178,600 $68,700 $109,900
2018 $4,513 $178,600 $68,700 $109,900
2017 $4,479 $178,600 $68,700 $109,900
2016 $4,444 $178,600 $68,700 $109,900
2015 $4,341 $213,000 $108,300 $104,700
2014 $4,360 $213,000 $108,300 $104,700
Source: Public Records

Agents Affiliated with this Home

  • Patrick Meehan

    Seller's Agent in 2025

    Patrick Meehan

    RE/MAX

    (609) 661-1604

    2 in this area

    497 Total Sales

    Patrick Meehan
    Section Image
See All Agents

Map

New Jersey Ocean County Ocean Gate 08740

616 Ocean Gate Ave Unit 3, Ocean Gate, NJ

This home is located at 616 Ocean Gate Ave Unit 3, Ocean Gate, NJ 08740 and is currently estimated at $399,821, approximately $546 per square foot. 616 Ocean Gate Ave Unit 3 is a home located in Ocean County with nearby schools including Ocean Gate Elementary School, Central Regional Middle School, and Central Regional High School.

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.

Nearby Homes