NOT LISTED FOR SALE

640 E Point Pleasant Ave Ocean Gate, NJ 08740

Estimated Value: $426,000 - $498,000

3 Beds
1.5 Baths
1,600 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $180,000 $112 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,942/month

155 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • 1 Car Detached Garage
  • Attic
  • Breakfast Area or Nook
  • Recessed Lighting

About This Home

As of October 2015

Reduced and Ready to go! LOVELY 3/4 BEDROOM, 1.5 BATH HOME WITH A 1 CAR DETACHED GARAGE. Large backyard for summertime fun! Spacious living room with sunk in tiled sun room. Large Laundry room with cabinets for storage. Finished walk up attic -- must see to appreciate. Great Ocean Gate location w/ swimming, boating, and the beach

Last Agent to Sell the Property

Theresa Jensen

(609) 494-0700 info@maryallen.com Mary Allen Realty, Inc. Listed on: 04/01/2015

Last Buyer's Agent

Cessna Statt

(609) 693-5002 forkedriver@rbbre.com RE/MAX at Barnegat Bay - Forked River

RE/MAX at Barnegat Bay - Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,489

Year Built

  • Built in 1940

Lot Details

  • 8,015

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1.5 Levels
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Additional Features

  • Lot Dimensions are 80x100
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ocean Gate Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 22-00071-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,489

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: No
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Stove
  • Flooring Type: Ceramic Tile, Laminated, Fully Carpeted
  • Interior Amenities: Attic, Entry Level Bedroom, Breakfast Area, Ceiling Fan(s), Recessed Lighting
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 118.69
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 96800.00
  • Land Assessed Value: 122500.00
  • Lot Dimensions: 80x100
  • Zoning: R
  • Zoning Description: R

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3055719
  • Tax Annual Amount: 4489.00
  • Assessor Parcel Number: 22-00071-0000-00005
  • Tax Lot: 5
  • Tax Year: 2014

MLS Schools

  • School District Name: CENTRAL REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2024
Sold by
Hudnut James R and Hudnut Kristen E
Bought by
Hudnut James R
Current Estimated Value
$464,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
Sep 29, 2015
Sold by
Davitt James and Davitt Elieen M
Bought by
Hudnut James R and Hudnut Kristen E
Seller's Agent
Theresa Jensen
Mary Allen Realty, Inc.
Buyer's Agent
Cessna Statt
RE/MAX at Barnegat Bay - Forked River
List Price
$199,999
Sold Price
$180,000
Premium/Discount to List
-$19,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$176,739
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2009
Sold by
Greco Phillip R and Greco Teresa M
Bought by
Davitt James and Davitt Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2004
Sold by
Pichirallo Michael J
Bought by
Greco Phillip R and Greco Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
Kile Ramona
Bought by
Pichirallo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,875
Interest Rate
6.2%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Bartell Frank E and Bartell Daniel T
Bought by
Mccarter John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250
Interest Rate
6.67%
Source: Public Records
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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
Hudnut James R $79,774 Mortgage Connect
Hudnut James R $79,774 Mortgage Connect
Hudnut James R $180,000 Attorney
Davitt James $240,000 None Available
Greco Phillip R $215,000 Commonwealth Land Title Insu
Pichirallo Michael $135,000 --
Mccarter John $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudnut James R $225,000
Previous Owner Hudnut James R $176,739
Previous Owner Davitt James $192,000
Previous Owner Greco Phillip R $172,000
Previous Owner Pichirallo Michael $126,875
Previous Owner Mccarter John $3,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $180,000 -10.0% $113 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $199,999 -- $125 / Sq Ft
Source: Bright MLS

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 $6,359 $386,800 $188,500 $198,300
2024 $5,778 $386,800 $188,500 $198,300
2023 $5,323 $191,400 $74,700 $116,700
2022 $5,323 $191,400 $74,700 $116,700
2021 $5,095 $191,400 $74,700 $116,700
2020 $5,135 $191,400 $74,700 $116,700
2019 $5,011 $191,400 $74,700 $116,700
2018 $4,837 $191,400 $74,700 $116,700
2017 $4,800 $191,400 $74,700 $116,700
2016 $4,762 $191,400 $74,700 $116,700
2015 $4,469 $219,300 $122,500 $96,800
2014 $4,489 $219,300 $122,500 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC200256

Bright MLS

APN: 22-00071-0000-00005