NOT LISTED FOR SALE

640 E Riviera Ave Unit WINTER RENTAL 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
  • Deck
  • Basketball Court
  • River View
  • Furnished

About This Home

As of November 2020

Amazing winter rental at the Jersey Shore right on Ocean Gate's famous mile long beach and boardwalk. Walking into the home you're greeted with an open floor plan from the kitchen leading into the living room with beautiful views of the Ocean Gate beach and boardwalk. This expansive home offers 4 beds and 4 full baths, a master suite on each level, wrap around covered front porch, ample parking and storage with plenty of room for the whole family. This home is fully furnished and ready to go for the winter season, make your plans to check it out today!

Last Agent to Rent the Property

Marcello Carboni

RE/MAX at Barnegat Bay Listed on: 08/28/2020

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

Parking

  • No Garage

Home Design

  • Custom Home
  • Colonial Architecture

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 4 Full Bathrooms

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

  • Security Deposit $8,700
  • Ask Agent About 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
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • 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
  • General Property Info Acreage: 0.25
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Maintenance Fees Security Deposit3: 8700.0
  • Lease Requirements Security Deposit4: Yes
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Lease Terms Winter: 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
  • Basement:Crawl Space: Yes
  • Other Rooms:Office2: 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: None
  • General Property Info:Garage: No

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
Not Available
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
11/15/2020 11/15/20 Rented $28,500 +470.0% --
10/24/2020 10/24/20 Under Contract -- -- --
10/19/2020 10/19/20 Price Changed $5,000 -13.8% $2 / Sq Ft
08/28/2020 08/28/20 For Rent $5,800 -- --
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22030515

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00076-0000-00008