540 E Cape May Avenue, Ocean Gate, NJ 08740
None · Ocean County
Key Facts
Description
Welcome to the charming coastal community of Ocean Gate! This spacious single family home offers 3 bedrooms, 2 baths, flex room and a heated sunroom, providing nearly 2,000 square feet of living space. Set on almost a 1/2 acre lot, the property also features an oversized detached garage and an extra long driveway with abundant parking, plus additional parking by the garage. Perfect for seasonal or year round living, this home has great bones and is ready for your personal touches and updates. Enjoy the peaceful setting of this beautiful property while being just a few blocks from the beach and boardwalk area, making it easy to to take in all the coastal charm Ocean Gate has to offer. Come explore the possibilities and experience the lifestyle this wonderful community provides.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Detached
Year Built
1911
Living Area
1,997 sq ft
Lot Size
0.48 acres
Lot Dimensions
100 x 167
Garage Spaces
1
Days on Market
57
MLS® Listing#
22614182
Property Features
Interior
Appliances
Cooling
Heating
Basement
Parking
Patio
Roof
Windows
Sewer
Water Source
Schools
- Elementary:
- Ocean Gate
- Middle:
- Central Reg Middle
- High:
- Central Regional
Financial Details
HOA
None
Annual Taxes
$8,597
Tax year 2025
Assessed Value
$472,100
Parcel Number
22-00061-0000-00007
Directions
Ocean Gate Dr then onto W Bayview Ave, then right onto Anglesea Ave, then left onto E Cape May Ave
Affordability Calculator
$113,800
Estimated monthly payment
$3,028/mo
Principal $455,200 · Est. interest $635,045 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ocean Gate, NJ
- $1,000,000
- Median Listing Price
- 62
- Median Days on Market
- 1,759
- Median Sq Ft
- $725
- Median Price / Sq Ft
- 336
- Active Listings
- This home’s price is 43% below the area median.
- Its price per sq ft is 61% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ocean Gate, NJ.
Location
Points of Interest in Ocean Gate, NJ
Showing the Ocean Gate area map.
Nearby Schools
Ocean Gate School
Elementary · 0.8 mi away
H & M Potter School
Elementary · 1.2 mi away
Bayville Elementary School
Elementary · 1.7 mi away
Island Heights Elementary School
Elementary · 1.7 mi away
Hillcrest Academy
School · 1.9 mi away
Red Apple Country Day School
Elementary · 2.1 mi away
Ring Around the Rosie
School · 2.2 mi away
Berkeley Township Elementary School
Secondary · 2.3 mi away
Ocean Academy
School · 2.4 mi away
Seaside Park Elementary School
Elementary · 2.6 mi away
Peppermint Tree
School · 2.7 mi away
Pine Beach Elementary School
Elementary · 2.9 mi away
Toms River High School East
Secondary · 2.9 mi away
Hugh J Boyd Junior Elementary School
Elementary · 3.0 mi away
East Dover Elementary School
Elementary · 3.0 mi away
Berkeley Township School District
School · 3.0 mi away
Washington Street Elementary School
Elementary · 3.0 mi away
Clara B Worth Elementary School
Elementary · 3.0 mi away
The Ultimate Scholar II
School · 3.4 mi away
Beachwood Elementary School
Elementary · 3.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1001 Little Atlantic 373, Ocean City, NJ | $419,900 | 2 | — | 787 |
| 1 Cotswold Circle 801, Ocean Twp, NJ | $428,500 | 2 | 3 | 1,610 |
| 3517 Bay Ave. 3517, Ocean City, NJ | $449,000 | 2 | — | — |
| 710 Newport Avenue, Ocean Gate, NJ | $449,900 | 3 | 2 | 1,100 |
| 36 HOPE CORSON ROAD, OCEAN VIEW, NJ | $475,000 | 3 | 2 | 2,000 |
| 1440 STAGECOACH ROAD, OCEAN VIEW, NJ | $499,000 | 3 | 2 | 1,160 |
Moving Cost Estimate
EXIT Agents in Ocean Gate
Listing Courtesy: C21/ Action Plus Realty - 8002992129
Presented by: Lois Furlong