Check Availability

538 East Arverne Avenue

538 East Arverne Avenue, Ocean Gate, NJ 08740
Property in Ocean
Sold Jul 31, 2023
$325,000
$225,000 by Movement Mortgage, Llc
Mortgage Due Aug 01, 2053
Sold Jul 22, 2002
$135,000
$108,000 by Gmac Mortgage Corp Of Penn
Mortgage
Local assessors in Ocean Gate, NJ have categorized 538 East Arverne Avenue as a residential type of property. The home was built in 1935 and is 89 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 538 East Arverne Avenue has a total of 1,260 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. The home has been utilizing oil for fuel. The property was last sold in Jun 20, 2023 for $325,000. That's $257.94 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2002 for $135,000. 538 East Arverne Avenue was last assessed in 2023. The total value of the property was assessed at $171,400. Specifically, the land the property is located on was valued at $79,400. While improvements on the property were assessed at a total of $92,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,767. The initial tax year of delinquency was in 2018. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,260
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 8

Ownership

  • Current Owner : GILLILAND DAREN EDWARD
  • Previous Owner : ALEXANDER MICHAEL
  • Owner Before Previous Owner: KINDRED VERNON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ocean Gate Borough School District
  • Census Tract: 729000

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 22
  • Parcel: 22 00060-0000-00007
  • Block: 60
  • Lot: 7
  • Municipality: OCEAN GATE BORO
  • Latitude: 39.9235
  • Longitude: -74.1277

    Address

  • Full Address: 538 E Arverne Ave
  • Address - House Number: 538
  • Street Direction: E
  • Address - Street Name: Arverne
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean Gate
  • Carrier Code: R777
  • 4-Digit Zip Code: 1138
  • Zip Code: 08740

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,767
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2145
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 365,230
  • High Value: 443,587
  • Low Value: 286,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Jul 31, 2023
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $171,400
  • Market Land Value: $79,400
  • Market Improvement Value: $92,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,400
  • Assessed Land Value: $79,400
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Transaction ID: 11910436727
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 56864
  • Previous Sale Recording Date: Jul 22, 2002
  • Previous Sale Contract Date: Jul 12, 2002
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Jul 31, 2023
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE CORP OF PENN
  • Previous Mortgage Transaction Date: Jul 22, 2002
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360

About Ocean Gate



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3256 Windsor Avenue, Toms River, NJ, 08753

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,046 ft²
3256 Windsor Avenue, Toms River, NJ, 08753 Listing by Carolyn Proto
Unit for rent at 320 Elizabeth Avenue, Toms River, NJ, 08753

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 2,016 ft²
320 Elizabeth Avenue, Toms River, NJ, 08753 Listing by Laura Dentroux
Unit for rent at 424 E Longport Avenue, Ocean Gate, NJ, 08740

$3,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,000 ft²
424 E Longport Avenue #SUMMERRENTAL, Ocean Gate, NJ, 08740 Listing by Robert Lange
Unit for rent at 34 Chadwick Avenue, Toms River, NJ, 08753

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,140 ft²
34 Chadwick Avenue, Toms River, NJ, 08753 Listing by Joseph Ragno
Unit for rent at 88 Wind Jammer Court, Bayville, NJ, 08721

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,320 ft²
88 Wind Jammer Court, Bayville, NJ, 08721 Listing by Robert Cox
Unit for rent at 59 Top Sail Court, Bayville, NJ, 08721

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,388 ft²
59 Top Sail Court #SUMMERWEEKLY, Bayville, NJ, 08721 Listing by Meghan Ann Carroll
Unit for rent at 730 Morris Boulevard, Toms River, NJ, 08753

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,632 ft²
730 Morris Boulevard, Toms River, NJ, 08753 Listing by Sephie Medina

Frequently Asked Questions

What neighborhood is 538 East Arverne Avenue located in?
The 538 East Arverne Avenue is a located in the neighborhood of Ocean in Ocean Gate, Ocean Gate.
What is the average sales price for listings in 538 East Arverne Avenue?
The average sales price for units in 538 East Arverne Avenue is $0 currently.

Quantcast