NOT LISTED FOR SALE

718 Newport Ave Ocean Gate, NJ 08740

Estimated Value: $424,000 - $459,186

3 Beds
1.5 Baths
1,161 Sq Ft
$382/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $342,500 $295 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,883/month

32 Days on Market

Highlights

  • In Ground Pool
  • Bonus Room
  • No HOA
  • Attic
  • Corner Lot
  • Breakfast Area or Nook

About This Home

As of November 2022

A great home in the Ocean Gate beach community just 6 blocks from the Toms River and the boardwalk. The 100'x100' corner lot includes a beautiful inground pool with a complete paver deck and a 1 car garage with a spacious stone driveway. The pool area is surrounded by 6' white decorative PVC fencing and the side yard is enclosed by 4' PVC white picket fence giving this home fantastic curb appeal!
This all-season home has a delightful woodburning brick fireplace in the living room for those cold winter evenings as well as hot water baseboard gas heat.
A private oasis!!

Last Agent to Sell the Property

Timothy Brennan

Realty One Group Emerge License #2078653 Listed on: 08/22/2022

Realty One Group Emerge

Last Buyer's Agent

Robert Kosinski

RE/MAX Gateway License #1643938

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Fenced
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Parking Available
  • Double-Wide Driveway
  • On-Street Parking

Home Design

  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bonus Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Patio

Schools

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-00062-0000-00011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,399

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Fenced Area
  • ResoPoolFeatures: Fenced, In Ground
  • Inclusions: AC Units, Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Attic, Bonus Room
  • New Construction: No
  • Year Built: 1950
  • Contract Info List PriceSqFt: 300.43
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: 100 x 100
  • Location Middle School: Central Reg Middle
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Parking Concrete: Yes
  • Pool Fenced: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Cooling Multi Units: Yes
  • Included Garbage Disposal: Yes
  • Roof Sloping: Yes
  • Interior Bonus Room: Yes
  • Exterior Rec Area: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Acres: 0.23
  • Waterfront: No
  • Exclusions: personal property
  • Exterior Features: Fence, Patio, Rec Area, Swimming
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Double Wide Drive, Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 22-00062-0000-00011
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5399.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 3, 2022
Sold by
Costanza Christopher G
Bought by
Helstrom William and Delange Karen
Seller's Agent
Timothy Brennan
Realty One Group Emerge
Buyer's Agent
Robert Kosinski
RE/MAX Gateway
List Price
$348,800
Sold Price
$342,500
Premium/Discount to List
-$6,300
-1.81%
Views
208
Current Estimated Value
$443,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,797
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Candelieri Cathy and Schwartzman Marina A
Bought by
Costanza Christopher G and Costanza Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,280
Interest Rate
5.81%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 20, 2004
Sold by
Candelieri Roberto
Bought by
Costanza Rita M and Candelieri Cathy
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
Helstrom William $342,500 --
Helstrom William $342,500 None Listed On Document
Costanza Christopher G $179,100 --
Costanza Rita M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costanza Christopher G $143,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $342,500 -1.8% $295 / Sq Ft
10/29/2022 10/29/22 For Sale $348,800 0.0% $300 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $348,800 0.0% $300 / Sq Ft
12/01/2017 12/01/17 Rented $20,400 0.0% --
12/01/2016 12/01/16 Rented $20,400 0.0% --
12/01/2016 12/01/16 Rented $20,400 +1100.0% --
11/15/2016 11/15/16 Under Contract -- -- --
11/09/2016 11/09/16 For Rent $1,700 -- --
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 $6,614 $402,300 $197,000 $205,300
2024 $6,273 $402,300 $197,000 $205,300
2023 $5,640 $202,800 $79,400 $123,400
2022 $5,640 $202,800 $79,400 $123,400
2021 $5,399 $202,800 $79,400 $123,400
2020 $5,441 $202,800 $79,400 $123,400
2019 $5,309 $202,800 $79,400 $123,400
2018 $5,125 $202,800 $79,400 $123,400
2017 $5,086 $202,800 $79,400 $123,400
2016 $5,046 $202,800 $79,400 $123,400
2015 $4,716 $231,400 $130,000 $101,400
2014 $4,737 $231,400 $130,000 $101,400
Source: Public Records

Agents Affiliated with this Home

  • Timothy Brennan

    Seller's Agent in 2022

    Timothy Brennan

    Realty One Group Emerge

    (609) 722-1112

    2 in this area

    43 Total Sales

    Timothy Brennan
    Section Image
  • Robert Kosinski

    Buyer's Agent in 2022

    Robert Kosinski

    RE/MAX

    (732) 996-7448

    20 in this area

    255 Total Sales

    Robert Kosinski
    Section Image
  • Cessna Statt

    Seller's Agent in 2017

    Cessna Statt

    RE/MAX

    (609) 276-3135

    22 in this area

    100 Total Sales

    Cessna Statt
    Section Image
  • Sandra Bator

    Buyer's Agent in 2017

    Sandra Bator

    RE/MAX at Barnegat Bay

    (609) 290-3470

    119 Total Sales

    Sandra Bator
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22226655

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00062-0000-00011

New Jersey Ocean County Ocean Gate 08740

718 Newport Ave, Ocean Gate, NJ

Not Listed for Sale

Detached

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