540 E Cape May Ave
Ocean Gate, NJ 08740
- 3 Beds
- 2 Baths
- 1,997 sqft (on 0.49 acres)
3 Beds
2 Baths
1,997 sqft
(on 0.49 acres)
Local Information
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Description
Welcome to the charming coastal community of Ocean Gate! This spacious single family home offers 3 bedrooms, 2 bathrooms, a flex room, and a heated sunroom, providing nearly 2,000 square feet of comfortable living space. Set on almost a half 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. There is also potential for subdivision—buyers are encouraged to perform their own due diligence with the township regarding this possibility. Enjoy the peaceful setting of this beautiful property while being just a few blocks from the beach and boardwalk area, making it easy to take in all the coastal charm Ocean Gate has to offer. Come explore the possibilities and experience the lifestyle this wonderful community provides.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
$300
Listed
39 days ago
Home Details for 540 E Cape May Ave
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Interior Details Number of Rooms: 8 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1997 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Cooktop, Washer, Water Heater, Gas Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Baseboard,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Bay/Bow |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioOther Structures: Above GradeFoundation: Crawl SpaceNo Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 6No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 7Parking: Storage,Garage Door Opener,Oversized,Concrete,Detached,Driveway |
Pool Pool: None |
Frontage Waterfront: RiverNot on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Toms River And Barnegat Bay |
Farm & Range Not Allowed to Raise Horses |
Finished Area Finished Area (above surface): 1997 Square Feet |
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Days on Market: 39 |
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Year Built Year Built: 1911Year Renovated: 1982 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Colonial |
Building Construction Materials: FrameNot a New Construction |
Property Information Not Included in Sale: Personal BelongingsIncluded in Sale: Washer, Dryer, Refrigerator, Stove, Microwave, Dishwasher, Light Fixures, Ceiling Fans, Window Coverings, Garage Door OpenerParcel Number: 220006100007 |
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Price List Price: $599,000Price Per Sqft: $300 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: ACTIVE |
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Direction & Address City: OCEAN GATECommunity: None Available |
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Listing Agent Listing ID: NJOC2042192 |
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Building Area Building Area: 1997 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 0.49 acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: NJOC2042192Municipality: OCEAN GATE BOROAbove Grade Unfinished Area: 1997 |
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Source Internet Entire Listing Display: Y |
Last check for updates: about 18 hours ago
Listing courtesy of Lois Furlong, (732) 851-3188
Century 21 Action Plus Realty - Freehold
Source: Bright MLS, MLS#NJOC2042192

Market trends in Ocean Gate
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
3MoM
Price History for 540 E Cape May Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/14/2026 | $599,000 | Listed For Sale | MoreMLS #22614182 |
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Property Tax and Assessment
| Year | 2023 |
|---|---|
| Tax | $6,997 |
| Assessment | $251,600 |
Home facts updated by county records
Comparable Sales for 540 E Cape May Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $495,000 | 07/16/25 | 4 | 1.5 | 1,512 | |
0.05 | Single-Family Home | $575,000 | 09/10/25 | 3 | 2.5 | 2,172 | |
0.15 | Single-Family Home | $425,000 | 06/27/25 | 3 | 1.5 | 924 | |
0.25 | Single-Family Home | $465,000 | 09/30/25 | 3 | 2.5 | 1,582 | |
0.20 | Single-Family Home | $460,000 | 08/27/25 | 3 | 2 | 1,200 | |
0.15 | Single-Family Home | $325,000 | 07/28/25 | 3 | 2 | 1,144 | |
0.28 | Single-Family Home | $500,000 | 02/19/26 | 3 | 2 | 1,680 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 540 E Cape May Ave.
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
Lois Furlong, Century 21 Action Plus Realty - Freehold
Agent Phone: (732) 851-3188

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
540 E Cape May Ave, Ocean Gate, NJ 08740 is a 3 bedroom, 2 bathroom, 1,997 sqft single-family home built in 1911. This property is currently available for sale and was listed by Bright MLS on May 14, 2026. The MLS # for this home is MLS# NJOC2042192.

