NOT LISTED FOR SALE

618 E Cape May Ave Ocean Gate, NJ 08740

Estimated Value: $373,000 - $432,000

2 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold July 18, 2018

Last sale price $199,900

Est. 97% increase in value since last sale

Current estimated payment $2,622/month

21 Days on Market

Highlights

  • Spa
  • New Kitchen
  • Wood Flooring
  • Bay View
  • Deck
  • Attic

About This Home

As of July 2018

Great raised home withing walking distance to the desirable beach and boardwalk Ocean Gate has to offer. This home was raised and completely restored to new flood standards. Open floor plan with beautiful wood floors and plenty of recessed lighting to accent all the home has to offer. Open kitchen plan with newer cabinets breakfast bar dining room and spacious living room. 2 decks one front and rear for those summer night for entertaining. Fenced yard, outdoor shower, detached garage, tankless hot water heater and tons of storage in the raised foundation area. Great home for year round living or weekends at the shore

Last Agent to Sell the Property

James Murray

RE/MAX at Barnegat Bay License #0787342 Listed on: 05/03/2018

RE/MAX at Barnegat Bay

Last Buyer's Agent

Melissa Erdo

Coldwell Banker Riviera Realty License #0901242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,682

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • Sliding Doors
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

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 22-00070-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,682

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic, Bay/Bow Window, Sliding Door, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Kitchen Breakfast Cntr: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior Hot Tub2: Yes
  • Floors Tile: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Fence, Hot Tub, Outdoor Shower
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: 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: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00070-0000-00003

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3682.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 12, 2018
Sold by
Hubbard Ericka L and Amon Ericka L
Bought by
Sommers Robert and Sommers Sally
Seller's Agent
James Murray
RE/MAX at Barnegat Bay
Buyer's Agent
Melissa Erdo
Coldwell Banker Riviera Realty
Sold Price
$199,900
Current Estimated Value
$394,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,645
Avg. Annual Appreciation
9.79%
Original Mortgage
$159,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Aug 17, 2012
Sold by
Hughes Justin
Bought by
Amon Ericka L
Seller's Agent
Nanette Marino
RE/MAX at Barnegat Bay
Buyer's Agent
Suzanne DiStefano
Coldwell Banker Riviera Realty
Sold Price
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$179,685
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2008
Sold by
Pohlke Lawrence K and Pohlke Christine S
Bought by
Hughes Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Tomsky Gene
Bought by
Pohlke Lawrence and Pohlke Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,194
Interest Rate
7.83%
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 Buyer Sale Price Title Company
Sommers Robert $199,900 None Available
Amon Ericka L $183,000 Wfg National Title Insurance
Hughes Justin $185,000 Old Republic National Title
Pohlke Lawrence $96,000 --
Pohlke Lawrence $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommers Sally $155,000
Closed Sommers Robert $159,920
Previous Owner Amon Ericka L $179,685
Previous Owner Hughes Justin $135,000
Previous Owner Pohlke Lawrence $95,194
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $199,900 +9.2% --
08/24/2012 08/24/12 Sold $183,000 -- --
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 $5,543 $340,800 $170,000 $170,800
2023 $5,106 $183,600 $70,000 $113,600
2022 $5,106 $183,600 $70,000 $113,600
2021 $4,887 $183,600 $70,000 $113,600
2020 $4,926 $183,600 $70,000 $113,600
2019 $4,807 $183,600 $70,000 $113,600
2018 $3,710 $146,800 $70,000 $76,800
2017 $3,682 $146,800 $70,000 $76,800
2016 $3,652 $146,800 $70,000 $76,800
2015 $3,485 $171,000 $115,000 $56,000
2014 $3,500 $171,000 $115,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21817177

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00070-0000-00003