NOT LISTED FOR SALE

640 E Riviera Ave Ocean Gate, NJ 08740

Estimated Value: $983,000 - $1,217,764

4 Beds
4 Baths
2,500 Sq Ft
$431/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $950,000 $380 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,220/month

73 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Home Office
  • River View
  • No HOA
  • Covered patio or porch

About This Home

As of November 2022

Amazing opportunity for a custom colonial 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 Toms River, Seaside Bridge and Barnegat Bay. This expansive home offers 4 beds and 4 full baths, first floor junior suite with full bath and large closet, second floor senior suite with modern and stylish new bathroom, huge walk in closet, sky lights and French doors out to the private balcony deck. There is an expansive wrap around covered porch, plenty of storage under the house in the elevated crawlspace, exterior storage closet and shed, plus ample parking with plenty of room for the whole family. Don't let this one pass you by!

Last Agent to Sell the Property

Marcello Carboni

RE/MAX at Barnegat Bay Listed on: 09/16/2022

Last Buyer's Agent

Courtney Kennedy

Jersey Shore Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,435

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • River Front
  • Oversized Lot

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Shed

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00076-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,435

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Riverfront, Riverview
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 2002
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.25
  • Location Middle School: Central Reg Middle
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Fireplace - Gas7: Yes
  • Dining Room Dec Molding4: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Dec Molding5: Yes
  • Parking Oversized2: Yes
  • Water Heater Tank: Yes
  • Living Room Sliding Door2: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Living Room Floor - Ceramic2: Yes
  • Water Type Riverview: Yes
  • Lot Description Riverview2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 14
  • 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
  • Other Rooms:Foyer: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.25
  • Waterfront Features: Riverfront, Riverview
  • Waterfront: Yes
  • Exterior Features: Balcony, Patio, Shed, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13435.0

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
Lange Robert N
Bought by
Hindy Nicholas and Hindy Phyllis
Seller's Agent
Marcello Carboni
RE/MAX at Barnegat Bay
Buyer's Agent
Courtney Kennedy
Jersey Shore Associates
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Views
213
Current Estimated Value
$1,077,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,441
Avg. Annual Appreciation
4.81%
Original Mortgage
$737,600
Outstanding Balance
$715,111
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$362,330

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 3, 2019
Sold by
Howard Charles B
Bought by
Lange Robert N
Seller's Agent
James Murray
RE/MAX at Barnegat Bay
Buyer's Agent
Robert Lange
RE/MAX Gateway
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.76%
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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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
11/30/2022 11/30/22 Sold $950,000 -4.5% $380 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $995,000 0.0% $398 / Sq Ft
08/05/2022 08/05/22 Rented $4,500 0.0% --
10/01/2021 10/01/21 For Rent $4,500 0.0% --
06/19/2019 06/19/19 Sold $510,000 -- $237 / 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
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: 22229426

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00076-0000-00008