5 E Cape May Ave, Ocean Gate, NJ 08740
OFF MARKET

$389,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,296 sqft

5 E Cape May Ave, Ocean Gate, NJ 08740

Est. Refi. Payment $2,532/mo*
Refinance Your Home

Home Value

Trulia Estimate
$389K
Since last month
Decreased$4K (-1.1%)
Since last year
Increased$20K (+5.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +113% in the last 10 years
MonthEstimated value
2026
August 2026$392K
July 2026$396K
June 2026$394K
May 2026$389K
April 2026$374K
March 2026$375K
February 2026$364K
January 2026$367K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
37 E Lakewood Avenue, Ocean Gate, NJ
0.17
Single-Family Home
$415,000
07/16/26
3
1
1,032
142 E Lakewood Avenue, Ocean Gate, NJ
0.23
Single-Family Home
$400,000
12/15/25
2
1
952
700 Navesink Avenue, Ocean Gate, NJ
0.16
Single-Family Home
$500,000
08/05/26
3
1
1,284
210 W Cape May Ave, Ocean Gate, NJ
0.30
Single-Family Home
$379,000
04/17/26
2
1
1,120
46 W Cape May Ave, Ocean Gate, NJ
0.11
Single-Family Home
$400,000
06/12/26
3
1
896
205 Asbury Ave, Ocean Gate, NJ
0.29
Single-Family Home
$395,000
09/26/25
3
1
1,292
117 W Arverne Avenue, Ocean Gate, NJ
0.18
Single-Family Home
$364,000
05/27/26
3
1
864
129 E Long Branch Avenue, Ocean Gate, NJ
0.20
Single-Family Home
$345,000
06/23/26
3
1
934
35 E Bayview Ave, Ocean Gate, NJ
0.21
Single-Family Home
$430,000
11/04/25
3
1
1,024
33 W Bayview Ave, Ocean Gate, NJ
0.22
Single-Family Home
$549,900
03/09/26
1
1
1,408

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
40 E Point Pleasant Ave, Ocean Gate, NJ 08740
0.07
$456,700
3
1.5
1,248
Off Market
23 E Point Pleasant Avenue, Ocean Gate, NJ 08740
0.06
$478,300
2
3
1,308
Off Market
611 Ocean Gate Avenue, Ocean Gate, NJ 08740
0.05
$406,600
2
1
1,000
Off Market
711 Ocean Gate Ave, Ocean Gate, NJ 08740
0.08
$615,200
4
2.5
2,205
Off Market
605 Ocean Gate Avenue, Ocean Gate, NJ 08740
0.06
$495,400
4
2
1,601
Off Market
13 W Cape May Avenue, Ocean Gate, NJ 08740
0.05
$425,900
4
2
-
Off Market
12 E Long Branch Avenue, Ocean Gate, NJ 08740
0.07
$397,900
3
1
1,352
Off Market
32 E Long Branch Avenue, Ocean Gate, NJ 08740
0.09
$499,000
4
2
1,538
For Sale
24 W Point Pleasant Avenue, Ocean Gate, NJ 08740
0.07
$379,000
2
2
810
Recently Sold
44 E Long Branch Avenue, Ocean Gate, NJ 08740
0.10
$529,600
3
2
2,000
Off Market
15 W Arverne Avenue, Ocean Gate, NJ 08740
0.07
$307,000
1
1
630
Recently Sold
17 W Arverne Avenue, Ocean Gate, NJ 08740
0.08
$367,800
2
1
836
Off Market

Local Information

  • Map ViewExplore the area around 5 E Cape May Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1956
Living Area
1,296 sqft
Price/Sqft
$300

About this House

This single-family home is located at 5 E Cape May Ave, Ocean Gate, NJ. 5 E Cape May Ave is in Ocean Gate, NJ and in ZIP code 08740. This property has 2 bedrooms, 1 bathroom and approximately 1,296 sqft of floor space. This property has a lot size of 6000 sqft and was built in 1956.
5 E Cape May Ave, Ocean Gate, NJ 08740 is a 2 bedroom, 1 bathroom, 1,296 sqft single-family home built in 1956. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $389,100, with a rent estimate of $2,503/month.

Home Details for 5 E Cape May Ave

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1.5

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Concrete
Parking & Garage
Parking Space: 1

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 6000 sqft

Price and Tax history

YearProperty taxTax assessment
2023
$4,861
$174,800
Home facts updated by county records

Market trends in Ocean Gate

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
9
2MoM

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.
  • Nicolemcortese
    "4th of July parade, movie on the beach, bands on the beach and cardboard boat races . all make this community so special."
    3
    Flag
  • Crystal P.
    "We have music on the pier in the summer. We have an annual town wide garage sale as well as Ocean Gate day every summer. We have beaches and a splash park along with multiple playgrounds in the neighborhood."
    1
    Flag
  • Lauren T.
    "Great place for dog owners. No matter what type of dog you own. Plenty of open space to keep the dog away from each other if need be. "
    0
    Flag
  • Christinascavone
    "Ocean gate day . 4th of July parade and festivities . Boardwalk is beautiful ! Boat parade . Vendors . Car show in oct. "
    0
    Flag
  • Denise
    "The great people.family oriented..crabbing,fishing & swimming by the bay..very close to Island Beach state park and other beaches..great restaurants..the Anchor is fantastic..schools are great..I love Ocean Gate..my family has been livi g here for over 40 years."
    3
    Flag
  • Jaci K.
    "It's a quiet like town and is very nice. Everywhere is within walking distance including the beach. Everyone is very friendly."
    0
    Flag
  • Kjbrown88
    "Small tight community. I've been here for over 40 years it is really starting to grow n become much more family oriented. Hopefully it continues to grow the correct way."
    0
    Flag
  • Liz C. c.
    "As a resident, Ocean Gate holds about 2000 people in town in the winter, and about 4000 people in the summer...and you would not know the difference. We are a very quiet little town with a "Mayberry" appeal. A few great local places to eat, a beach and boardwalk that is never over crowded or dirty, and a cozy little town for walking, biking, skating, fishing, crabbing, etc. It's quiet and free of noisy traffic, and no matter where you live here in town you get the most wonderful bay breezes. A great place to start a family or retire, there's something for everyone. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5 E Cape May Ave

  • What is 5 E Cape May Ave estimated to be worth?
    Trulia's estimated value for 5 E Cape May Ave in Ocean Gate, NJ is $389,100.
  • 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.
  • What are the closest schools to 5 E Cape May Ave?
    The closest schools to 5 E Cape May Ave in Ocean Gate, NJ are Central Regional High School (rated 3/10), Central Regional Middle School (rated 4/10), Ocean Gate Elementary School (Pre-K, rated 3/10).
  • How big is the lot at 5 E Cape May Ave?
    The lot at 5 E Cape May Ave in Ocean Gate, NJ is about 0.14 acres (6,000 sq ft).
  • Does 5 E Cape May Ave have parking?
    Yes, 5 E Cape May Ave in Ocean Gate, NJ has on-site parking.

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