Seller's Agent in 2025
Colette Gioia
RE/MAX Revolution
(908) 910-5860
1 in this area
179 Total Sales
918 Red Bank Ave Ocean Gate, NJ 08740
4
Beds
2
Baths
1,956
Sq Ft
7,841
Sq Ft Lot
Highlights
- Double-Wide Driveway
- Air Conditioning
- Forced Air Heating System
- 2 Car Attached Garage
- Ceramic Tile Flooring
- Fenced
About This Home
As of March 2025DON'T MISS THIS ONE!! GREAT two family in DESIRABLE Ocean Gate with many improvements. Lower unit offers 2 spacious bedrooms, one full bath, updated eat in kitchen, finished sun porch, once car garage and washer/dryer hook up in garage. Entry to lower unit is through the front and rear. Second unit is upstairs, with side entry to unit. HUGE living room w/carpet, bedroom #1 has a walk in closet, eat in kitchen, LARGE finished walk in attic which offers GREAT storage, Master is super spacious with sitting nook, full bath w/tub, laundry room and one car garage. Over the years there have been many improvements, kitchens, window replacement, roof, furnaces, and so much more. Each unit is SUPER fortunate to have laundry and their own garage, and PLENTY of parking. Each unit has their own gas meter, updated electric service and electric meters. This home is close to restaurants, shops and the adorable Ocean Gate beach and boardwalk! Call today for your showing!!
Last Agent to Sell the Property
RE/MAX Revolution License #0019267 Listed on: 01/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,200
Year Built
- Built in 1940
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 80 x 100
- Fenced
- Level Lot
Parking
- 2 Car Attached Garage
- Double-Wide Driveway
- Unpaved Parking
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,956 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Crawl Space
- Stove
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Exterior Lighting
Schools
- Central Regional High School
Utilities
- Air Conditioning
- Multiple cooling system units
- Forced Air Heating System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
- Water Sewer Expense $800
Listing and Financial Details
- Exclusions: washer and dryers in both units a/c units in both units
- Tenant pays for hot water, water, sewer, heat, gas, electricity
- The owner pays for yard maintenance, snow removal, garbage removal
- Assessor Parcel Number 22-00001-03-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2025
Closed on
Feb 26, 2025
Sold by
Buhagiar John and Buhagiar Sherise
Bought by
918 Red Llc
Seller's Agent
Colette Gioia
RE/MAX Revolution
Buyer's Agent
Colette Gioia
RE/MAX Revolution
List Price
$474,900
Sold Price
$475,000
Premium/Discount to List
$100
0.02%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,505
Avg. Annual Appreciation
5.55%
Original Mortgage
$356,250
Outstanding Balance
$355,868
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$126,637
Purchase Details
Closed on
May 22, 1997
Sold by
Fernandes Mark
Bought by
Buhagiar John and Buhagiar Sherise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.09%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $475,000 | Old Republic Title | |
| Deed | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,250 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $77,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $475,000 | 0.0% | $243 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 01/02/2025 01/02/25 | For Sale | $474,900 | 0.0% | $243 / Sq Ft |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | Price Changed | $474,900 | -6.1% | $243 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $505,900 | -- | $259 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,200 | $442,400 | $178,500 | $263,900 |
| 2023 | $6,633 | $238,500 | $74,700 | $163,800 |
| 2022 | $6,633 | $238,500 | $74,700 | $163,800 |
| 2021 | $6,349 | $238,500 | $74,700 | $163,800 |
| 2020 | $6,399 | $238,500 | $74,700 | $163,800 |
| 2019 | $6,244 | $238,500 | $74,700 | $163,800 |
| 2018 | $6,027 | $238,500 | $74,700 | $163,800 |
| 2017 | $5,982 | $238,500 | $74,700 | $163,800 |
| 2016 | $5,934 | $238,500 | $74,700 | $163,800 |
| 2015 | $6,008 | $294,800 | $122,500 | $172,300 |
| 2014 | $6,035 | $294,800 | $122,500 | $172,300 |
Source: Public Records
Agents Affiliated with this Home
-
Colette Gioia
-
Robert Gioia
Buyer Co-Listing Agent in 2025
Robert Gioia
RE/MAX Revolution
(909) 910-7220
1 in this area
19 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22429639
APN: 22-00001-03-00005
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Information is deemed reliable but not guaranteed.
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