1 year on rocket

Backup Offers

538 E Lakewood Ave, Ocean Gate, NJ, 08740

$465,000

Home List Price

$5,522*

Closing Credit

7 Bedrooms
2 Full Baths
1,800 SqFt
$258/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

538 E Lakewood Ave, Ocean Gate$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete Driveway, Driveway
Year Built1950
HeatingBaseboard
CoolingCentral Air
MLS #NJOC2014934
Lot Size0.11 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 538 E Lakewood Ave

2 Blocks from Ocean Gate beach and boardwalk you'll find this surprisingly large beautifully renovated cottage that spells summer fun all over it. Inside are 7 bedrooms and 2 large size full bathrooms. Bedrooms are such great sizes pick one to be your master bedroom. Kitchen renovated with brightness and modern charm including stainless steel appliances & quartz countertops. Brand new central air conditioning added, beautiful tiled floors in gorgeously decorated bathrooms, the beauty in this home is endless. Outside backyard is great for entertaining including an extra bungalow for guests or make it into a clubhouse/pool house with included half bathroom. Backyard also has 2 large sheds and an outdoor shower when you come off the beach. Plenty of room for a hot tub or above ground pool. So many possibilities for use to mention. Perfect for all year round home, or summer home and/or investment property. Motivated Seller! Come make an Offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: RE/MAX New Beginnings Realty
  • Office Phone: (732) 473-1700
  • Listing Agent: John J. Moise

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Gas Range, Range Hood, Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile, Laminate Plank, Carpet
  • Interior: Kitchen - Eat-In, Recessed Lighting, Stall Shower, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: BBQ Grill, Extensive Hardscape, Gutter System, Outbuilding(s), Outside Shower

Parking Information:

  • Parking: Concrete Driveway, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Central Regional High School, Public District Grades 9-12
  • Central Regional Middle School, Public District Grades 7-8
  • Ocean Gate Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Route 9 to Ocean Gate Ave. follow to E Lakewood Rd.

Municipality:

  • Ocean Gate Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $5,422
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Ocean Gate, NJ.

Map thumbnail provided by MapBox

Ocean Gate, NJ

City

Med. Sold Price

$425K

Med. Price/SqFt

$294

Avg. Days On Market

15

# of Sold Homes

3

538 E Lakewood Ave vs Ocean Gate

519 DAYS ON ROCKET

+504 Days

$465,000

+$40K More

$258/SqFt

-$36 Less

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $36/SqFt less than other homes in Ocean Gate, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJOC2014934

Listing Office:

  • Office Name: RE/MAX New Beginnings Realty
  • Office Phone: (732) 473-1700
  • Listing Agent: John J. Moise

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 8:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,422$202,100
2019$5,107$202,100
2018$5,069$202,100
2017$5,069$202,100

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-91176
7
/10

  • Ocean Gate Elementary School

  • 126 W Arverne Ave

  • 0.86 miles

  • Public District Grades PK-6

Middle School

school-card-donut-91177
7
/10

  • Central Regional Middle School

  • 509 Forest Hills Pkwy

  • 4.90 miles

  • Public District Grades 7-8

High School

school-card-donut-91178
3
/10

  • Central Regional High School

  • 509 Forest Hills Pkwy

  • 4.90 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,299. Residents of Ocean Gate, NJ typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 538 E Lakewood Ave

What is the listing price of this property?

The listing price of 538 E Lakewood Ave property is $465,000.

What type of property is this?

The property 538 E Lakewood Ave is a house located in Ocean Gate, New Jersey, 08740.

Is this property for sale now?

Accepting Backup Offers: 538 E Lakewood Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 538 E Lakewood Ave are:
Ocean Gate Elementary School: GreatSchools Rating 7/10
Central Regional Middle School: GreatSchools Rating 7/10
Central Regional High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,422 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 538 E Lakewood Ave has 7 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 538 E Lakewood Ave is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 538 E Lakewood Ave is 1950.

Rocket Homes›New Jersey›Ocean County›Ocean Gate›08740›538 E Lakewood Ave

This home is located at 538 E Lakewood Ave in Ocean Gate, NJ and zip code 08740. This 1,800 square foot home, which was built in 1950, sits on a 0.11 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2022 and is currently priced at $465,000.

In March 2024, from all listings sold in Ocean Gate, NJ there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Ocean Gate, NJ real estate market has seen increase in the number of listings by 40%. While the average time on the market in March 2024 was 15 days, the median list price was $425,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources