Water Views
505 Asbury Avenue Ocean Gate, NJ
$ 399,900
Property Attributes
  • MLS#22131029
  • TypeMulti-Family
  • CountyOCEAN
  • CityOcean Gate
  • AreaOcean Gate
  • NeighborhoodOcean Gate
  • Zip08740
  • StyleTwo Family
  • Year Built1940
  • Taxes$ 5074
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2000
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Robert N Lange, RE/MAX at Barnegat Bay
Data Source:
Monmouth Ocean Regional REALTORS® (MOMLS) - 135 - NJ
Property Description

2 family opportunity in Ocean Gate with off street parking, just blocks to the mile long beach and boardwalk. This updated and charming property is turn key and perfect for an investor who is looking for 2 units of income or use one and rent the other. There are many updates throughout, including updated kitchen, bathrooms, exterior paint and landscaping. The first level offers an enclosed front entry way (currently used as a dining room), living room, 2 bedrooms, a full bathroom, eat in kitchen, back bonus room, and easy access to the back patio. The upper unit features dedicated rear door, plus separate access through the upper level back deck, 2 spacious bedrooms, a full bathroom, living room, eat in kitchen and bonus room. Make your plans to check out this unique property today!

High School
Central Regional High School
Price History
9/19/2021 Listed $399,900

General Features

Basement No
Days on Market 57
Full Baths 2
Garage No
High School Central Regional
Owner Individual(s)
Parking Off Street
Pool Y/N No
Property Type D
Roof Shingled
Status Active/Under Contract
Stories 2.0
Subdivision None
Tax Year 2020
Taxes 5074.00
Type Two Family
Water Heater Natural Gas
Waterfront No
Waterview Yes
Year Built 1940
Zoning Residential

Interior Features

# Units In Bldg 2.0000
Number of Garages 0.00
Total Bathrooms 2.00
Total Bedrooms 4
Unit 1 Dryer, Washer
Unit 1: # Bedrooms 2
Unit 1: # Full Baths 1
Unit 2: # Bedrooms 2
Unit 2: # Full Baths 1

Exterior Features

Exterior Deck, Fence
Lot Dimensions 40 x 100
Water/Sewer Public Sewer, Public Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08740

AVG $400K
AVG $5,074
AVG 22
Year Built
AVG 1940

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