516 East Arverne Avenue

516 East Arverne Avenue in Ocean Gate, NJ was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 516 East Arverne Avenue has 720 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. As for heating, the home is utilizing gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 516 East Arverne Avenue sold most recently in Sep 14, 2015 for a total of $100,000. If you work out the math, that's approximately a cost of $138.89 per sqft. Before that, the property was also sold for $112,000 in Oct 24, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,042 in taxes each year. 516 East Arverne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,400. If we break it down further, the land itself was valued at $60,700. Improvements to the property, however, were assessed at a total of $48,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.