Sold for $485,000

$485,000

40 W Barnegat Ave, Ocean Gate, NJ 08740

4beds

2,162sqft

Single Family Residence

Built in 1990

7,000 Square Feet Lot

$493,500 Zestimate^®

$224/sqft

$3,604 Estimated rent

Home value

$493,500

$444,000 - $548,000

$3,604/mo

Zestimate^® history

Owner options

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$3,604/mo

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$3,604/mo

Rent Zestimate^®

Refinance and save

$3,260/mo

Est. payment

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$3,260/mo

Est. payment

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What's special

Partial kitchenFully finished basementSlider to the backyardBeautifully landscaped yard

Welcome to this beautifully maintained raised ranch in Ocean Gate, offering over 2,000 sq ft of flexible living space and great potential for a mother/daughter setup! The main level features 3 spacious bedrooms, 2 full bathrooms, a bright and airy living room, and an open kitchen and dining area with a slider leading to a Trex deck—ideal for outdoor dining or relaxing in the fresh coastal air. Downstairs, the fully finished basement adds even more functionality, with a private bedroom, full bath, partial kitchen, and its own slider to the backyard—perfect for extended family, guests, or multi-generational living. Trex front steps add curb appeal, and the beautifully landscaped yard offers space to enjoy or entertain. Just blocks from the beach, boardwalk, and parks.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 3

Basement

Area: 1081

Heating

Baseboard, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Attic, Bathroom - Tub Shower, Crown Molding, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Open Floorplan
Flooring: Carpet, Wood
Windows: Skylight(s)
Basement: Finished,Walk-Out Access,Rear Entrance
Has fireplace: No

Interior area

Total structure area: 2,162
Total interior livable area: 2,162 sqft
Finished area above ground: 1,081
Finished area below ground: 1,081

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 7,000 Square Feet
Dimensions: 70.00 x 100.00
Features: Middle Of Block

Details

Additional structures: Above Grade, Below Grade, Outbuilding
Parcel number: 2200008 0200002
Zoning: R
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Raised Ranch/Rambler
Property subtype: Single Family Residence

Materials

Aluminum Siding, Brick
Foundation: Slab
Roof: Shingle

Condition

Excellent
New construction: No
Year built: 1990

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Ocean Gate

HOA

Has HOA: No

Location

Region: Ocean Gate
Municipality: OCEAN GATE BORO

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $355,800
Annual tax amount: $5,849
Date on market: 7/3/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Exclusions: Flag Pole & Pot Belly Stove On Lower Level Of Home
Ownership: Fee Simple

Price history

Date	Event	Price
10/8/2025	Sold	$485,000-2.8%$224/sqft
Source: Bright MLS #NJOC2035196 Report a problem
9/9/2025	Pending sale	$499,000$231/sqft
Source: MoreMLS #22519714 Report a problem
9/3/2025	Contingent	$499,000$231/sqft
Source: Bright MLS #NJOC2035196 Report a problem
7/3/2025	Listed for sale	$499,000+454.4%$231/sqft
Source: MoreMLS #22519714 Report a problem
9/26/1996	Sold	$90,000$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$4,586 -0.9%	$173,900
2022	$4,629	$173,900
2021	$4,629 +1.7%	$173,900
2020	$4,553 +3.6%	$173,900
2019	$4,394 +0.8%	$173,900
2018	$4,361 +0.8%	$173,900
2017	$4,327 -6.4%	$173,900
2016	$4,622 +5.2%	$173,900 -23.3%
2015	$4,393 -4.1%	$226,800
2014	$4,581 +8.9%	$226,800
2013	$4,207 +1.1%	$226,800
2011	$4,161	$226,800 +118.3%
2001	--	$103,900