516 E Arverne Ave, Ocean Gate, NJ 08740
Property image
Property image
OFF MARKET

$345,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 760 sqft

516 E Arverne Ave, Ocean Gate, NJ 08740

Est. Refi. Payment $2,331/mo*
Refinance Your Home
Currently Off Market - Sold Oct 7, 2015 for $100,000

Home Value

Trulia Estimate
$345K
Since last month
Decreased$2K (-0.6%)
Since last year
Increased$10K (+3%)
Since last sale
Increased$245K (+245.1%)
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 +237% in the last 10 years
MonthEstimated value
2026
September 2026$345K
August 2026$347K
July 2026$339K
June 2026$348K
May 2026$345K
April 2026$340K
March 2026$336K
February 2026$329K
January 2026$328K
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
241 E Lakewood Avenue, Ocean Gate, NJ
0.39
Multi-Family Home
$710,000
10/16/25
6
4
1,604
3234 Mystic Port Place, Toms River, NJ
1.97
Multi-Family Home
$330,000
05/15/26
2
2
1,056
1420 Summit Avenue, Toms River, NJ
2.40
Multi-Family Home
$690,000
05/07/26
3
2
728
2042 Lamplighter Drive, Toms River, NJ
2.26
Multi-Family Home
$335,000
09/11/26
2
2
1,034
120 12th Ave, Seaside Park, NJ
2.60
Multi-Family Home
$426,459
02/19/26
4
2
1,784
320 Route 37, Toms River, NJ
2.43
Multi-Family Home
$885,000
12/09/25
6
3
2,240
235 Sumner Avenue, Seaside Heights, NJ
2.98
Multi-Family Home
$592,000
03/26/26
4
2
1,000
1712 NE Central Ave, Seaside Park, NJ
2.91
Multi-Family Home
$875,000
10/27/25
4
2
2,400
57-59 H St, Seaside Park, NJ
2.76
Multi-Family Home
$2,199,000
12/19/25
5
2
2,044
1113-15 N Ocean Ave #A1, Seaside Park, NJ
2.95
Multi-Family Home
$920,000
11/03/25
3
2.5
1,456

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
540 E Cape May Ave, Ocean Gate, NJ 08740
0.07
$569,000
3
2
1,997
For Sale
532 E Arverne Ave, Ocean Gate, NJ 08740
0.03
$593,500
3
2.5
2,172
Off Market
546 E Arverne Avenue, Ocean Gate, NJ 08740
0.07
$633,300
4
2
2,094
Off Market
524 E Point Pleasant Avenue, Ocean Gate, NJ 08740
0.11
$343,400
2
1
770
Off Market
711 Anglesea Avenue, Ocean Gate, NJ 08740
0.10
$449,900
3
2.5
1,600
For Sale
710 Newport Avenue, Ocean Gate, NJ 08740
0.12
$440,000
3
2
1,100
Recently Sold
914 Anglesea Avenue, Bayville, NJ 08721
0.06
$420,000
3
1
1,389
Recently Sold
445 E Cape May, Ocean Gate, NJ 08740
0.10
$336,400
3
2
-
Off Market
612 E Cape May Avenue, Ocean Gate, NJ 08740
0.13
$409,900
2
1
1,448
Off Market
521 E Point Pleasant Avenue, Ocean Gate, NJ 08740
0.13
$330,000
3
1
936
Recently Sold
616 E Arverne Ave, Ocean Gate, NJ 08740
0.13
$400,000
2
1
1,420
Recently Sold
0 E Barnegat Avenue, Bayville, NJ 08721
0.07
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 516 E Arverne Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1940
760 sqft
$454/sqft

About this House

Cute Home just blocks from Beach/Bay in Ocean Gate, 1 bedrooms, 1 bath, Living room, kitchen. Upstairs loft/bedroom and Fireplace. Bring out your tenants!
516 E Arverne Ave, Ocean Gate, NJ 08740 is a 2 bedroom, 1 bathroom, 760 sqft multi-family built in 1940. It last sold for $100,000 on Oct 7, 2015. More recently, it was listed as a rental in July 2015 with an asking price of $1,200 per month. That rental listing was removed on August 15, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $345,100, with a rent estimate of $1,965/month.

Home Details for 516 E Arverne Ave

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Linoleum Vinyl
Interior Details
Attic

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Concrete

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Multi FamilyArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 4000 sqft

Price and Tax history

DateEventPrice
Oct 7, 2015
Source: MoreMLS #21527658
Sold
$100,000
Aug 15, 2015
Source: Agent Provided
ListingRemoved
$1,200
Jul 28, 2015
Source: Agent Provided
Listed For Rent
$1,200
Jul 15, 2015
Source: Agent Provided
Listed For Sale
$110,000
Nov 19, 2002
Source: N/A
Sold
$112,000

Market trends in Ocean Gate

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
12
3MoM

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 516 E Arverne Ave

  • What is 516 E Arverne Ave estimated to be worth?
    Trulia's estimated value for 516 E Arverne Ave in Ocean Gate, NJ is $345,100.
  • What is the price history for 516 E Arverne Ave?
    516 E Arverne Ave in Ocean Gate, NJ last sold for $100,000 in October 2015.
  • Is Ocean Gate a buyer's or seller's market?
    Ocean Gate is currently a balanced 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.

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