NOT LISTED FOR SALE

708 Wildwood Ave Ocean Gate, NJ 08740

Estimated Value: $501,000 - $640,000

6 Beds
2 Baths
2,444 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $220,000 $90 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,910/month

18 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • 1 Car Direct Access Garage
  • 1 Fireplace
  • Screened Porch
  • Heating System Uses Natural Gas

About This Home

As of June 2019

Tons of Potential Here! Just a few short blocks to the Ocean Gate Boardwalk and scenic Toms River! This cape style home is a legal two family home, offering a second floor unit in addition to the first floor which also has garage access and basement as well as private backyard with in ground pool and screen room for summer enjoyment! Priced to sell this is an amazing investment opportunity, come see it today!

Last Agent to Sell the Property

Kathleen Festino

C21/ Lawrence Realty License #0233818 Listed on: 04/25/2019

Last Buyer's Agent

Efrayim Lax

Waxman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,045

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 80 x 100
  • Corner Lot

Parking

  • 1 Car Direct Access Garage

Home Design

  • Duplex

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Central Regional High School

Additional Features

  • In Ground Pool
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 22-00030-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,045

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: In Ground
  • Subdivision Name: None
  • Year Built: 1956
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 80 x 100
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Screened: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Porch - Screened
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 80 x 100
  • Parcel #: 22-00030-0000-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7045.0
  • Tax Other Annual Assessment Amount: 278800.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2021
Sold by
Oc Equities Llc
Bought by
Ube Holdings Llc
Current Estimated Value
$588,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,641,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 30, 2019
Sold by
Wells Fargo Bank Na
Bought by
Oc Equities Llc
Seller's Agent
Kathleen Festino
C21/ Lawrence Realty
Buyer's Agent
Efrayim Lax
Waxman Realty
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%
Original Mortgage
$239,980
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2019
Sold by
Marrone Franco and Marrone Candee
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Feb 28, 2005
Sold by
Mcnomee Delbert L and Mc Nomee Janice
Bought by
Marrone Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,125
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2002
Sold by
Riemer Donald
Bought by
Mcnomee Delbert and Mc Nomee Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7%
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
Ube Holdings Llc -- Madison Title Agency Llc
Ube Holdings Llc -- Madison Title
Oc Equities Llc $220,000 Madison Title Agency Llc
Wells Fargo Bank -- None Available
Marrone Franco $347,500 Chicago Title Insurance Co
Mcnomee Delbert $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ube Holdings Llc $5,641,300
Previous Owner Oc Equities Llc $239,980
Previous Owner Marrone Franco $330,125
Previous Owner Mcnomee Delbert $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $220,000 -- $90 / 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 $8,417 $514,800 $188,500 $326,300
2023 $7,753 $278,800 $74,700 $204,100
2022 $7,753 $278,800 $74,700 $204,100
2021 $7,422 $278,800 $74,700 $204,100
2020 $7,480 $278,800 $74,700 $204,100
2019 $7,299 $278,800 $74,700 $204,100
2018 $7,045 $278,800 $74,700 $204,100
2017 $6,992 $278,800 $74,700 $204,100
2016 $6,937 $278,800 $74,700 $204,100
2015 $5,731 $281,200 $122,500 $158,700
2014 $5,756 $281,200 $122,500 $158,700
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Festino

    Seller's Agent in 2019

    Kathleen Festino

    C21/ Lawrence Realty

    (732) 300-3511

    92 Total Sales

    Kathleen Festino
    Section Image

  • E

    Buyer's Agent in 2019

    Efrayim Lax

    Waxman Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21916852

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00030-0000-00004

New Jersey Ocean County Ocean Gate 08740

708 Wildwood Ave, Ocean Gate, NJ

This home is located at 708 Wildwood Ave, Ocean Gate, NJ 08740 since 25 April 2019 and is currently estimated at $588,925, approximately $240 per square foot. This property was built in 1956. 708 Wildwood 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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