One of the last available lots for building in Ocean Gate. Walking/biking distance to the famous Ocean Gate Boardwalk, piers, beaches, and splash park. Fish or crab across the street in Jeffrey's creek or off one of Ocean Gate's 2 piers. Town has a couple of family owned restaurants, stores, deli, etc. Quaint small town feel and lifestyle yet close to the GSP, Bus station to NYC and the beaches of Seaside. Bigger shopping and bus stop just 1 mile down the road.
Property Details
Property Features
Listing Office:
Office Name: Glen Kelly Real Estate LLC
Listing Agent: Glen Kelly
Lot Features
Lot Information:
Lot: Fencing
Lot Size: 0.28 Acres
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
Price Information
Listing Price Info
Price Summary:
List Price: $199,900
Tax Information:
Annual Amount: $1,808
Tax Year: 2020
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,065
Per Month
Principal & Interest
$998
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$666
Powered By
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
7
/10
Ocean Gate Elementary School
126 W Arverne Ave
Distance between this listing and this school0.21 miles
Public District Grades PK-6
Middle School
7
/10
Central Regional Middle School
509 Forest Hills Pkwy
Distance between this listing and this school4.21 miles
Public District Grades 7-8
High School
3
/10
Central Regional High School
509 Forest Hills Pkwy
Distance between this listing and this school4.21 miles
Public District Grades 9-12
Assigned Schools
7
/10
Ocean Gate Elementary School
126 W Arverne Ave
Distance between this listing and this school0.21 miles
Public District Grades PK-6
Nearby Schools
7
/10
H & M Potter School
60 Veeder Ln
Distance between this listing and this school0.88 miles
Public District Grades KG-4
4
/10
Bayville Elementary School
356 Atlantic City Blvd
Distance between this listing and this school1.02 miles
Public District Grades PK-4
Assigned Schools
7
/10
Central Regional Middle School
509 Forest Hills Pkwy
Distance between this listing and this school4.21 miles
Public District Grades 7-8
Nearby Schools
5
/10
Berkeley Township Elementary School
10 Emory Ave
Distance between this listing and this school1.96 miles
Public District Grades 5-6
5
/10
Toms River Intermediate School East
1519 Hooper Ave
Distance between this listing and this school2.92 miles
Public District Grades 6-8
Assigned Schools
3
/10
Central Regional High School
509 Forest Hills Pkwy
Distance between this listing and this school4.21 miles
Public District Grades 9-12
Nearby Schools
4
/10
Toms River High School East
1225 Raider Way
Distance between this listing and this school2.61 miles
Public District Grades 9-12
3
/10
Toms River High School South
55 Hyers St
Distance between this listing and this school3.40 miles
The neighbors living near this home have an average income of $55,299. The most common annual income of people living in Ocean Gate, NJ is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 553 Ocean Gate Dr
What is the listing price of this property?
The listing price of 553 Ocean Gate Dr property is $199,900.
What type of property is this?
The property 553 Ocean Gate Dr is land located in Ocean Gate, New Jersey, 08740.
Is this property for sale now?
Active Listing: 553 Ocean Gate Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 553 Ocean Gate Dr are: Ocean Gate Elementary School: GreatSchools Rating 7/10Central Regional Middle School: GreatSchools Rating 7/10Central 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 $1,808 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 20, 1999 for $35,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 553 Ocean Gate Dr in Ocean Gate, NJ and zip code 08740. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $199,900.
In March 2024 more than 1 listings in Ocean Gate, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. In March 2024 in Ocean Gate, NJ there were 40% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $425,000, while the average time on the real estate market was 15 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
College Basketball
College Basketball
Symphony or Opera
Figure Skating
Dillards
Chico's
Forever 21
Logan's Roadhouse
Boston Market
Bob Evans
Hyundai
Volvo
Oldsmobile
Rock
Talk/Personality
News