NOT LISTED FOR SALE

642 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $349,000 - $377,000

3 Beds
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $221,000

Est. 69% increase in value since last sale

Current estimated payment $2,403/month

43 Days on Market

Highlights

  • Cape Cod Architecture
  • Oversized Lot
  • Enclosed Patio or Porch
  • No HOA
  • 1 Car Detached Garage
  • Oversized Parking

About This Home

As of January 2021

Fantastic, updated Cape. Features a bright, wide open floor plan with plenty of natural light. Brand new washer/dryer and microwave. Just 1 blocks to the Ocean Gate Beach and Boardwalk. Detached 1 car garage, covered deck and maintenance free yard. 3 bedrooms with brand new carpet upstairs. Central air throughout. Great vacation, or year round home.

Last Agent to Sell the Property

KEITH FARRELL

EXP Realty License #1324940 Listed on: 10/27/2020

EXP Realty

Last Buyer's Agent

Erik Anhorn

Keller Williams Realty Monmouth/Ocean License #1863546

Keller Williams Realty Monmouth/Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1955

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Fenced
  • Oversized Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Laminate Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

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 22-00074-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,744

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Flooring: Laminate
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Style Cape: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Parking Oversized2: Yes
  • Garage Storage Above: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exterior Features: Fence, Porch - Enclosed
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Storage Above, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00074-0000-00008
  • Zoning Description: Neighborhood

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3744.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 7, 2021
Sold by
Rwcm Equities Inc
Bought by
Finkle Frank and Finkle Patricia
Seller's Agent
KEITH FARRELL
EXP Realty
Buyer's Agent
Erik Anhorn
Keller Williams Realty Monmouth/Ocean
List Price
$209,999
Sold Price
$221,000
Premium/Discount to List
$11,001
5.24%
Current Estimated Value
$372,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,978
Avg. Annual Appreciation
11.79%
Original Mortgage
$192,000
Outstanding Balance
$173,311
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$195,747

Purchase Details

Closed on
Mar 4, 2015
Sold by
Welsh Ronald
Bought by
Rwcm Equities Inc

Purchase Details

Closed on
May 23, 2007
Sold by
Marino Margaret
Bought by
Welsh Ronald and Welsh Maureen

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
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Piagari Gerald and Piagari Michael
Bought by
Marino Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Finkle Frank $221,000 Old Republic Natl Ttl Ins Co
Rwcm Equities Inc -- Attorney
Welsh Ronald $250,000 Fidelity Natl Title Ins Co
Marino Margaret $262,500 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finkle Frank $192,000
Previous Owner Welsh Ronald $210,100
Previous Owner Welsh Ronald $225,000
Previous Owner Marino Margaret $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $221,000 +5.2% --
11/13/2020 11/13/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $209,999 0.0% --
10/15/2020 10/15/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $209,999 0.0% --
08/31/2018 08/31/18 Rented $22,200 +5.7% --
07/01/2016 07/01/16 Rented $21,000 +7.1% --
07/20/2015 07/20/15 Rented $19,600 -- --
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 $4,317 $290,700 $143,500 $147,200
2023 $3,977 $143,000 $60,700 $82,300
2022 $3,977 $143,000 $60,700 $82,300
2021 $3,807 $143,000 $60,700 $82,300
2020 $3,837 $143,000 $60,700 $82,300
2019 $3,744 $143,000 $60,700 $82,300
2018 $3,614 $143,000 $60,700 $82,300
2017 $3,586 $143,000 $60,700 $82,300
2016 $3,558 $143,000 $60,700 $82,300
2015 $3,098 $152,000 $100,000 $52,000
2014 $3,111 $152,000 $100,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22035228

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00074-0000-00008