26
Map
$559,900
●
House -
For Sale
553 Ocean Gate Drive
Ocean Gate, NJ 08740
3 Beds
2 Baths
1,300 Ft²
$2,998
Est. Monthly
About This Property
Quality New Construction in Ocean Gate! This spacious 3 bedroom
ranch is tucked away on a quaint lot with views of Jeffrey's Creek,
steps to area restaurants and businesses and just a short walk or
bike ride to the famous mile long beach and boardwalk. The modern
and open layout offers bright spaces, a charming front porch,
expansive living room, a stylish kitchen with stone counters,
stainless appliances, center island with counter bar and separate
dining room, large bedrooms, including the owner's suite with
vaulted ceilings, walk-in closet and full bathroom. Features
include wood floors, an attached garage with utility area, a
laundry/mud room leading into the house, recessed lighting and
sleek, stylish bathrooms. Inquire for more details and make your
plans to check it out today!
Unit Size
1,300 Ft²
Days on Market
272 days
Land Size
0.18 acres
Price per sqft
$431
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (MOMLS #22600164)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Listed by RE/MAX Gateway | $559,900 | |
| Listed by RE/MAX Gateway | |||
   | |||
|
Completed & Turn Key Quality New Construction in Ocean Gate! This spacious 3 bedroom ranch is tucked away on a quaint lot with views of Jeffrey's Creek, steps to area restaurants and businesses and just a short walk or bike ride to the famous mile long beach and boardwalk. The modern and open layout offers bright spaces, a charming front porch, expansive living room, a stylish kitchen with stone counters, stainless appliances, center island with counter bar and separate dining room, large bedrooms, including the owner's suite with vaulted ceilings, walk-in closet and full bathroom. Features include wood floors, an attached garage, laundry/mud room leading into the house, recessed lighting and sleek, stylish bathrooms. Inquire for more details and make your plans to check it out today!
| |||
| Jan 2, 2026 | Listed by RE/MAX Gateway | $559,900 | |
| Listed by RE/MAX Gateway | |||
| Oct 30, 2025 | Listed | $559,000 | |
| Listed | |||
| | |||
|
Quality New Construction in Ocean Gate! This spacious 3 bedroom ranch is tucked away on a quaint lot with views of Jeffrey's Creek, steps to area restaurants and businesses and just a short walk or bike ride to the famous mile long beach and boardwalk. The modern and open layout offers bright spaces, a charming front porch, expansive living room, a stylish kitchen with stone counters, stainless appliances, center island with counter bar and separate dining room, large bedrooms, including the owner's suite with vaulted ceilings, walk-in closet and full bathroom. Features include wood floors, an attached garage with utility area, a laundry/mud room leading into the house, recessed lighting and sleek, stylish bathrooms. Inquire for more details and make your plans to check it out today!
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Recessed Lighting, Attic - Pull Down Stairs
Rooms: 10
Basement: Crawl Space
Exterior Details
Square Footage: 1300
Architectural Style: Ranch
Building Area Total: 1300
Patio and Porch Features: Porch - Covered
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Assessed Value: $163,700
Tax Annual Amount: $2,981
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean Gate
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Listed by: Robert N Lange, RE/MAX Gateway
Last Updated: 10 months ago
Data Source: MOMMLS, MLS# 22600164
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 10 months ago
Data Source: MOMMLS, MLS# 22600164
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