NOT LISTED FOR SALE

702 Asbury Ave Ocean Gate, NJ 08740

Estimated Value: $381,000 - $543,460

3 Beds
2 Baths
1,456 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $151,000 $104 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,378/month

73 Days on Market

Highlights

  • Attic
  • 1 Car Detached Garage
  • Oversized Parking
  • No HOA
  • Skylights
  • Living Room

About This Home

As of June 2020

Adorable ranch featuring 3 bedroom 2 full baths, living room with beautiful rounded ceilings, eat-in kitchen, full basement and detached 1 car garage. Home is gutted down to the 2x4's come renovate this ranch with your own decorative style.

Last Agent to Sell the Property

Noelle Paschon

Paschon Realty LLC License #0448125 Listed on: 03/20/2020

Last Buyer's Agent

Cessna Statt

RE/MAX at Barnegat Bay License #9702325

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 40 x 100
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Sliding Doors
  • Living Room
  • Dining Room
  • Linoleum Flooring
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

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 22-00019-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,532

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Interior Features: Attic, Attic - Other, Skylight, Sliding Door
  • Year Built: 1945
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Exterior Sprinkler Under: Yes
  • Style Ranch: Yes
  • Garage Oversized: Yes
  • Parking Paver Block: Yes
  • Dining Room Sliding Door3: Yes
  • Kitchen Skylight4: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Sprinkler Under, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Driveway, On Street, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 22-00019-0000-00007
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4532.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Christopher Costanza & Phase 5 Clinical
Bought by
Kass Jeffrey and Kass Robin
Current Estimated Value
$487,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,910
Outstanding Balance
$268,010
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$219,605

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 11, 2020
Sold by
Us Bank Trust Na
Bought by
Christopher Costanza & Phase 5 Climical
Seller's Agent
Noelle Paschon
Paschon Realty LLC
Buyer's Agent
Cessna Statt
RE/MAX at Barnegat Bay
List Price
$180,000
Sold Price
$151,000
Premium/Discount to List
-$29,000
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.48%

Purchase Details

Closed on
May 14, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,800
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Kass Jeffrey $329,900 Kenworth Title Llc
Christopher Costanza & Phase 5 Climical $151,000 Coastal Title Agency Inc
-- $239,900 --
Clayton Kelley A $239,888 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kass Robin $296,910
Closed Kass Jeffrey $296,910
Previous Owner Clayton Kelley A $227,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $151,000 +11.9% $104 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $135,000 -20.5% $93 / Sq Ft
04/19/2020 04/19/20 Price Changed $169,900 -5.6% $117 / Sq Ft
03/20/2020 03/20/20 For Sale $180,000 -- $124 / 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 $7,931 $523,800 $146,000 $377,800
2023 $7,306 $262,700 $57,600 $205,100
2022 $7,306 $262,700 $57,600 $205,100
2021 $4,596 $173,100 $57,600 $115,500
2020 $4,644 $173,100 $57,600 $115,500
2019 $4,532 $173,100 $57,600 $115,500
2018 $4,374 $173,100 $57,600 $115,500
2017 $4,341 $173,100 $57,600 $115,500
2016 $4,307 $173,100 $57,600 $115,500
2015 $4,806 $235,800 $100,000 $135,800
2014 $4,827 $235,800 $100,000 $135,800
Source: Public Records

Agents Affiliated with this Home

  • Noelle Paschon

    Seller's Agent in 2020

    Noelle Paschon

    Paschon Realty LLC

    (732) 341-3900

    1 in this area

    124 Total Sales

    Noelle Paschon
    Section Image
  • Cessna Statt

    Buyer's Agent in 2020

    Cessna Statt

    RE/MAX

    (609) 276-3135

    25 in this area

    110 Total Sales

    Cessna Statt
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22010965

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00019-0000-00007

New Jersey Ocean County Ocean Gate 08740

702 Asbury Ave, Ocean Gate, NJ

This home is located at 702 Asbury Ave, Ocean Gate, NJ 08740 since 20 March 2020 and is currently estimated at $487,615, approximately $334 per square foot. This property was built in 1945. 702 Asbury Ave 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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