NOT LISTED FOR SALE

629 E Cape May Ave Ocean Gate, NJ 08740

Estimated Value: $481,000 - $558,000

3 Beds
2 Baths
1,560 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $425,000 $272 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,399/month

74 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Sun or Florida Room
  • Deck
  • Loft
  • Granite Countertops

About This Home

As of November 2022

Freshly raised and renovated charming home in Ocean Gate just a few short blocks to the beach and boardwalk. This custom 2 story offers 2 or 3 bedroom options and a spacious full bath on the main level, a large living room, new and modern kitchen with white cabinets, quartz counters and stainless appliances, dedicated dining room, laundry room and sunroom with private entrance (could be a bedroom). The expansive second floor loft area could easily be a 3rd (or 4th) bedroom, playroom, home business center, den and offers a full bathroom and storage space. New HVAC and siding, additional storage in the high and extended crawlspace and multiple doors out to the back deck in the private back yard set up complete with a shed. Make your plans to check out this outstanding property today!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 09/16/2022

RE/MAX Gateway

Last Buyer's Agent

Louisa Kasper

Heart of Gold Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,938

Year Built

  • Built in 1945

Lot Details

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

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

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 22-00071-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,938

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1945
  • General Property Info Waterview: 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
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Recessed Lighting: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Rooms Loft2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 11
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Fence, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Info:Garage: No
  • Parking Driveway: 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 #: 22-00071-0000-00014
  • Zoning Description: Residential

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 23, 2022
Sold by
Glen Newman
Bought by
Mcelroy Ronald and Mcelroy Jacqueline
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Louisa Kasper
Heart of Gold Realty
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Views
137
Current Estimated Value
$518,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,591
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
Feb 22, 2022
Closed on
Apr 27, 2022
Sold by
Ann Noto Pamela
Bought by
Newman Glen
Seller's Agent
James Murray
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
293.73%

Purchase Details

Closed on
Dec 3, 2003
Sold by
Lidle David J
Bought by
Lidle David J and Noto Pamela Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,800
Interest Rate
6.15%

Purchase Details

Closed on
Oct 16, 2003
Sold by
Shive Joseph J
Bought by
Lidle David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,800
Interest Rate
6.15%

Purchase Details

Closed on
Dec 16, 1998
Sold by
New Jersey American Leasing Inc and Grossman Gita
Bought by
Shive Joseph J
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
Mcelroy Ronald $425,000 Foundation Title
Newman Glen $200,000 Shearer Justin D
Lidle David J -- --
Lidle David J $185,000 --
Shive Joseph J $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lidle David J $128,800
Previous Owner Lidle David J $14,800
Previous Owner Shive Joseph J $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $425,000 +6.3% $272 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $399,900 +100.0% $256 / Sq Ft
05/13/2022 05/13/22 Sold $200,000 -9.0% $128 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $219,900 0.0% $141 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/22/2022 02/22/22 Price Changed $219,900 0.0% $141 / Sq Ft
02/22/2022 02/22/22 For Sale $219,900 -12.0% $141 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $249,900 -- $160 / 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
2025 $6,938 $422,000 $180,000 $242,000
2024 $7,312 $422,000 $180,000 $242,000
2023 $6,736 $242,200 $70,000 $172,200
2022 $6,736 $171,700 $70,000 $101,700
2021 $0 $171,700 $70,000 $101,700
2020 $0 $171,700 $70,000 $101,700
2019 $0 $171,700 $70,000 $101,700
2018 $0 $171,700 $70,000 $101,700
2017 $0 $171,700 $70,000 $101,700
2016 $0 $171,700 $70,000 $101,700
2015 $4,337 $212,800 $115,000 $97,800
2014 $4,356 $212,800 $115,000 $97,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Lange

    Seller's Agent in 2022

    Robert Lange

    RE/MAX

    (732) 300-4307

    62 in this area

    419 Total Sales

    Robert Lange
    Section Image
  • James Murray

    Seller's Agent in 2022

    James Murray

    RE/MAX

    (732) 904-8874

    6 in this area

    217 Total Sales

    James Murray
    Section Image

  • L

    Buyer's Agent in 2022

    Louisa Kasper

    Heart of Gold Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22229335

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00071-0000-00014

New Jersey Ocean County Ocean Gate 08740

629 E Cape May Ave, Ocean Gate, NJ

This home is located at 629 E Cape May Ave, Ocean Gate, NJ 08740 since 16 September 2022 and is currently estimated at $518,591, approximately $332 per square foot. This property was built in 1945. 629 E Cape May Ave 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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