NOT LISTED FOR SALE

628 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $383,000 - $404,000

3 Beds
1 Bath
1,248 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $320,000 $256 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,558/month

2 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Ceramic Tile Flooring
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Welcome to the Jersey Shore's best kept secret. This popular quant riverfront town is desirable for both year round residents and weekenders. This three bedroom ranch sits on a 60 x 100 lot and has a detached one car garage and is just two blocks to the river. The large eat-in kitchen and the large deck is great for large gatherings. It has gas heat and central air and includes the washer, dryer, refrigerator, and dishwasher.

Last Agent to Sell the Property

Michael Harbord

RE/MAX New Beginnings Realty-Toms River Listed on: 04/11/2022

Last Buyer's Agent

Natalie Rodenbaugh

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 1950

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

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

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 22-00074-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,507

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Ceiling Fan(s), Dishwasher, Dryer, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Attic - Pull Down Stairs
  • Year Built: 1950
  • Contract Info List PriceSqFt: 220.35
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Rooms Garage4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes

Exterior Features

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

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 22-00074-0000-00005

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4507.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 9, 2022
Sold by
Cole Hirshon William
Bought by
Palermo Nicholas and Palermo Gabriella
Seller's Agent
Michael Harbord
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Natalie Rodenbaugh
Gloria Nilson & Co. Real Estate
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%
Current Estimated Value
$397,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,196
Avg. Annual Appreciation
6.52%
Original Mortgage
$9,500
Outstanding Balance
$9,029
Interest Rate
5.3%
Estimated Equity
$388,167

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jul 7, 2017
Sold by
Nyquist Norma C S
Bought by
Hirshon William Cole
Seller's Agent
Maria Rizzo
Coldwell Banker Riviera Realty
Buyer's Agent
Michael Harbord
Exit Realty Advantage
Sold Price
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%
Original Mortgage
$148,265
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2005
Sold by
Sparaco Frank V and Keytala Photchapron
Bought by
Nyquist Norma C S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
5.79%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 19, 2002
Sold by
Leal Lesa
Bought by
Sparaco Frank

Purchase Details

Closed on
May 11, 2001
Sold by
Leary Brenda
Bought by
Sparaco Frank and Leal Lesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
7.05%

Purchase Details

Closed on
May 16, 2000
Sold by
Emc Mortgage Corp
Bought by
Prosser Thoams and Leary Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palermo Nicholas $320,000 Old Republic Title
Hirshon William Cole $151,000 Multiple
Nyquist Norma C S $325,000 Chicago Title Insurance Co
Sparaco Frank $20,000 --
Sparaco Frank $131,100 --
Sparaco Frank $131,100 --
Prosser Thoams $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Nicholas $9,500
Open Palermo Nicholas $310,400
Previous Owner Hirshon William Cole $148,265
Previous Owner Nyquist Norma C S $233,600
Previous Owner Sparaco Frank $104,850
Previous Owner Prosser Thoams $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Sold $320,000 +16.4% $256 / Sq Ft
04/11/2022 04/11/22 For Sale $275,000 +82.1% $220 / Sq Ft
07/17/2017 07/17/17 Sold $151,000 0.0% -- View Prior Sale
10/08/2012 10/08/12 Rented -- -- --
10/04/2012 10/04/12 Under Contract -- -- --
10/04/2012 10/04/12 For Rent $1,300 -- --
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
2025 $5,632 $342,600 $175,800 $166,800
2024 $5,111 $342,600 $175,800 $166,800
2023 $4,708 $169,300 $70,000 $99,300
2022 $4,708 $169,300 $70,000 $99,300
2021 $4,507 $169,300 $70,000 $99,300
2020 $4,542 $169,300 $70,000 $99,300
2019 $4,432 $169,300 $70,000 $99,300
2018 $4,278 $169,300 $70,000 $99,300
2017 $4,246 $169,300 $70,000 $99,300
2016 $4,212 $169,300 $70,000 $99,300
2015 $4,129 $202,600 $115,000 $87,600
2014 $4,147 $202,600 $115,000 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22210383

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00074-0000-00005