NOT LISTED FOR SALE

640 E Riviera Ave Unit SUMMER 2021 Ocean Gate, NJ 08740

Estimated Value: $780,000 - $1,201,375

4 Beds
4 Baths
2,500 Sq Ft
$399/Sq Ft Est. Value

Highlights

  • Beach Front
  • Custom Home
  • New Kitchen
  • Basketball Court
  • River View
  • Deck

About This Home

As of June 2021

Amazing summer rental at the Jersey Shore right on Ocean Gate's famous mile long beach and boardwalk. Enjoy the biggest covered deck in town, bring the whole family to swim, bike, crab, boat, paddle board, and kayak on the Toms River. Take a short ride over the bridge to bask on the sandy ocean beaches of Seaside and Lavalette, or stroll down the boardwalk to one of the bathing areas and piers, new splash park, yacht club, or to the ''Avenue'' to enjoy one of the restaurants, shops or local businesses. This expansive house has 4 large bedrooms, 4 full bathrooms and comfortably sleeps up to 12. Fully furnished and ready to go, this is an excellent and affordable alternative to hotel or B&B. $4,200/week, $13,000/June, $15,500/July, $14,000/August, $40,000/Season.

Last Agent to Rent the Property

Marcello Carboni

RE/MAX at Barnegat Bay Listed on: 10/26/2020

Last Renter's Agent

Marcello Carboni

Coldwell Banker Realty License #1864394

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,671

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • Beach Front

Home Design

  • Custom Home

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • River Views
  • Crawl Space

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Open Parking

Outdoor Features

  • Basketball Court
  • 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

Listing and Financial Details

  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 22-00076-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,671

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Furnished: Yes, Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 2002
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.25
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • ExteriorDeck: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Lease Requirements Security Deposit4: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Living Room Floor - Ceramic2: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Exterior Riverview5: Yes
  • Exterior Beachfront3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 12
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Acres: 0.25
  • Waterfront: Yes
  • Exterior Features: Deck, Riverview, Basketball Court

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, None
  • General Property Info:Garage: No
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 22-00076-0000-00008

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Lange Robert N
Bought by
Hindy Nicholas and Hindy Phyllis
Current Estimated Value
$998,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,600
Outstanding Balance
$710,761
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$366,680

Purchase Details

Closed on
Jun 3, 2019
Sold by
Howard Charles B
Bought by
Lange Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2013
Sold by
Howard Charles B and Howard Edith
Bought by
Howard Charles B

Purchase Details

Closed on
Jan 28, 1999
Sold by
Marano Pauline and Waite Maria Theresa
Bought by
Howard Charles B and Howard Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.75%
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
Hindy Nicholas $950,000 Old Republic Title
Lange Robert N $510,000 None Available
Howard Charles B -- None Available
Howard Charles B $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hindy Nicholas $737,600
Previous Owner Lange Robert N $408,000
Previous Owner Howard Charles B $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Rented $35,000 +733.3% --
05/24/2021 05/24/21 Under Contract -- -- --
10/26/2020 10/26/20 For Rent $4,200 -- --
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 $15,671 $953,200 $499,100 $454,100
2024 $15,237 $953,200 $499,100 $454,100
2023 $14,036 $504,700 $239,500 $265,200
2022 $14,036 $504,700 $239,500 $265,200
2021 $13,435 $504,700 $239,500 $265,200
2020 $13,541 $504,700 $239,500 $265,200
2019 $13,213 $504,700 $239,500 $265,200
2018 $12,754 $504,700 $239,500 $265,200
2017 $12,658 $504,700 $239,500 $265,200
2016 $12,557 $504,700 $239,500 $265,200
2015 $12,713 $578,800 $350,200 $228,600
2014 $11,848 $578,800 $350,200 $228,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2021

    Marcello Carboni

    RE/MAX

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22038532

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00076-0000-00008

New Jersey Ocean County Ocean Gate 08740

640 E Riviera Ave Unit SUMMER 2021, Ocean Gate, NJ

This home is located at 640 E Riviera Ave Unit SUMMER 2021, Ocean Gate, NJ 08740 since 26 October 2020 and is currently priced at $998,594. This property was built in 2002. 640 E Riviera Ave Unit SUMMER 2021 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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