NOT LISTED FOR SALE

643 E Bayview Ave Ocean Gate, NJ 08740

Estimated Value: $288,000 - $361,000

3 Beds
2 Baths
1,104 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $220,000 $199 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,082/month

77 Days on Market

Highlights

  • No HOA
  • Porch
  • Heating Available
  • Cottage
  • Cooling Available
  • 1-Story Property

About This Home

As of February 2023

Welcome to Ocean Gate. Ocean County's best kept secret for small town living in a charming beach community. Located just a few short blocks from the amazing public beach and boardwalk. This great home offer two separate living units. The front has an open living kitchen area with 2 bedrooms, bath and lovely deck to take in the summer breezes. The back unit has its own entrance in the rear of the house with access to a nice yard. Walk into to a quaint living room with tons of natural light. This unit also has a full kitchen, one bedroom and a bath. Currently rented until the end of the year. There are tons of potential to keep for rental income or it has the ability to be a cute multi generational home!

Last Agent to Sell the Property

Lisa Hill

Berkshire Hathaway HomeServices Fox & Roach - Toms River License #1436170 Listed on: 07/14/2022

Berkshire Hathaway HomeServices Fox & Roach - Toms River

Last Buyer's Agent

Robert Lange

RE/MAX Gateway License #1329516

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1955

Lot Details

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

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00075-0000-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,831

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch, Cottage/Bungalow
  • Year Built: 1955
  • Contract Info List PriceSqFt: 271.65
  • General Property Info Waterview: 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
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 22-00075-0000-00014

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3831.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Feb 10, 2023
Sold by
Peterson Leigha
Bought by
Narragansette Llc
Seller's Agent
Lisa Hill
Berkshire Hathaway HomeServices Fox & Roach - Toms River
Buyer's Agent
Robert Lange
RE/MAX Gateway
List Price
$299,900
Sold Price
$220,000
Premium/Discount to List
-$79,900
-26.64%
Views
312
Current Estimated Value
$330,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,815
Avg. Annual Appreciation
15.45%
Original Mortgage
$165,000
Outstanding Balance
$145,359
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$185,456

Purchase Details

Closed on
Jul 18, 2017
Sold by
Peterson Leigha
Bought by
Peterson Leigha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Narragansette Llc $220,000 None Listed On Document
Narragansette Llc $220,000 None Listed On Document
Peterson Leigha -- Trident Abstract Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narragansette Llc $165,000
Closed Narragansette Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $220,000 -26.6% $199 / Sq Ft
07/14/2022 07/14/22 For Sale $299,900 -- $272 / 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
2025 $4,108 $249,900 $143,500 $106,400
2024 $4,344 $249,900 $143,500 $106,400
2023 $4,002 $143,900 $60,700 $83,200
2022 $4,002 $143,900 $60,700 $83,200
2021 $3,831 $143,900 $60,700 $83,200
2020 $3,861 $143,900 $60,700 $83,200
2019 $3,767 $143,900 $60,700 $83,200
2018 $3,636 $143,900 $60,700 $83,200
2017 $3,609 $143,900 $60,700 $83,200
2016 $3,580 $143,900 $60,700 $83,200
2015 $3,891 $190,900 $100,000 $90,900
2014 $3,908 $190,900 $100,000 $90,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hill

    Seller's Agent in 2023

    Lisa Hill

    BHHS Fox & Roach

    (732) 814-8479

    2 in this area

    134 Total Sales

    Lisa Hill
    Section Image
  • Robert Lange

    Buyer's Agent in 2023

    Robert Lange

    RE/MAX

    (732) 300-4307

    59 in this area

    381 Total Sales

    Robert Lange
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22222175

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00075-0000-00014

New Jersey Ocean County Ocean Gate 08740

643 E Bayview Ave, Ocean Gate, NJ

Not Listed for Sale

Detached

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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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