$375,700
as of Sep 6, 2026
- 2 Beds
- 1 Bath
- 832 sqft
431 E Cape May Ave, Ocean Gate, NJ 08740
Home Highlights
Single-Family Home
Built in 1945
832 sqft
$452/sqft
Local Information
-- mins to
About this House
Annual rental located just a few blocks from the famous mile-long Ocean Gate beach and boardwalk! This home features new flooring throughout, two bedrooms, an updated kitchen with stainless steel appliances and stone countertops, central air, laundry, and a large, private back yard. Come and find out everything Ocean Gate has to offer! Check it out today!
431 E Cape May Ave, Ocean Gate, NJ 08740 is a 2 bedroom, 1 bathroom, 832 sqft single-family home built in 1945. It last sold for $250,000 on Apr 26, 2023 (11,528% above the $2,150 asking price). More recently, it was listed as a rental in July 2024 with an asking price of $2,150 per month. That rental listing was removed on September 13, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $375,700, with a rent estimate of $2,351/month.
Home Details for 431 E Cape May Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1945 |
Property Type / Style Property Type: Single Family HomeArchitecture: RanchRambler |
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Lease Term: Contact For Details |
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Parking & Garage Parking: Driveway Off Street, On Site |
Comparable Sales for 431 E Cape May Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $255,000 | 10/15/25 | 2 | 1 | 795 sqft | |
0.11 | Single-Family Home | $250,000 | 07/08/26 | 2 | 1 | 594 sqft | |
0.12 | Single-Family Home | $330,000 | 07/22/26 | 3 | 1 | 936 sqft | |
0.36 | Single-Family Home | $400,000 | 12/15/25 | 2 | 1 | 952 sqft | |
0.24 | Single-Family Home | $400,000 | 02/25/26 | 2 | 1 | 1,420 sqft | |
0.31 | Single-Family Home | $345,000 | 06/30/26 | 3 | 1 | 934 sqft | |
0.38 | Single-Family Home | $345,000 | 06/23/26 | 3 | 1 | 934 sqft | |
0.37 | Single-Family Home | $299,900 | 06/11/26 | 3 | 1 | 1,140 sqft | |
0.34 | Single-Family Home | $315,000 | 09/26/25 | 3 | 1 | 1,198 sqft | |
0.30 | Single-Family Home | $350,000 | 06/30/26 | 2 | 1 | 2,144 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Ocean Gate
Last updated Sep 2026
Trulia Rent Estimate$2,351/mo
Average rent
$2.5K
Available listings
7
Around this home
What Locals Say about Ocean Gate
At least 7 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's walkable to restaurants
100 % Say people would walk alone at night
88 % Say there are sidewalks
83 % Say yards are well-kept
80 % Say there's holiday spirit
77 % Say parking is easy
77 % Say kids play outside
67 % Say neighbors are friendly
64 % Say it's walkable to grocery stores
64 % Say car is needed
62 % Say there are community events
60 % Say it's quiet
60 % Say streets are well-lit
50 % Say there's wildlife
33 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 13, 2024 Source: MoreMLS #22420551 | ListingRemoved | $2,150 |
Jul 18, 2024 Source: MoreMLS #22420551 | Listed For Rent | $2,150 |
Apr 26, 2023 Source: N/A | Sold | $250,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2023 | $4,035 | $145,100 |
Home facts updated by county records
Frequently asked questions about 431 E Cape May Ave
- What is 431 E Cape May Ave estimated to be worth?Trulia's estimated value for 431 E Cape May Ave in Ocean Gate, NJ is $375,700.
- What is the price history for 431 E Cape May Ave?431 E Cape May Ave in Ocean Gate, NJ last sold for $250,000 in April 2023.
- Is Ocean Gate a buyer's or seller's market?Ocean Gate is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Ocean Gate?Residents describe Ocean Gate, NJ as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Ocean Gate, NJ.
- Does 431 E Cape May Ave have air conditioning?Yes, 431 E Cape May Ave in Ocean Gate, NJ has air conditioning.
- Does 431 E Cape May Ave have parking?Yes, 431 E Cape May Ave in Ocean Gate, NJ has on-site parking.
Homes for rent near 431 E Cape May Ave
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

