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540 E Cape May AvenueOcean Gate, NJ 08740

Single Family · 3 Beds · 2 Full Baths · 1,997 Sq. ft. | 0.48 Acres
$599,000 Active

540 E Cape May Avenue Overview

Time on Site:
46 days
Visits:
0

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.

Listing provided courtesy of C21/ Action Plus Realty- MLS# 22614182MLS Provider
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540 E Cape May Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,997
  • Price/Sq.ft. $300
  • Lot 0.48 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Ocean Gate
  • Middle Or Junior School: Central Reg Middle
  • High School: Central Regional

Building Information

  • New Construction: No
  • Year Built: 1911

Location/Region

  • County Or Parish: Ocean
  • MLS Area Major: Ocean Gate
  • MLS Area Minor: Ocean Gate (OCG)
  • Subdivision Name: None

Tax Information

  • Tax Annual Amount: $8,597.00
  • Tax Assessed Value: $472,100.00
  • Tax Year: 2025

General Information

  • Exclusions: Personal belongings
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Parcel Number: 22-00061-0000-00007
  • Pets Allowed: Dogs OK, Cats OK
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1997.0

General Information

  • Basement: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Interior Features: Attic, Bonus Room, Beamed Ceilings
  • Living Area: 1997.0
  • Rooms Total: 0
  • Stories: 2
  • Window Features: Bay/Bow Window

Exterior

Parking Information

  • Parking Features: Unpaved, Concrete, Driveway, Off Street, Oversized

Lot Information

  • Lot Features: Oversized
  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Size Dimensions: 100 x 167
  • Lot Size Square Feet: 20908.8
  • Lot Size Units: Acres
  • Topography: Level
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Detached
  • Attached Garage: No
  • Roof: Shingle

General Information

  • Sewer: Public Sewer

540 E Cape May Avenue Neighborhood

Community

08740 (OCEAN GATE) Demographics

44
Median Age
2,000
Population Density (per sq. mile)
41%
College Educated
$53,947
Estimated Median Income
496
Estimated Total Home Owners
184
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

540 E Cape May Avenue Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

540 E Cape May Avenue Market Data

Based on the last 30 days in this zip code

$599,000
Average List Price
$299
Average Price per Square Foot
3
Properties Sold
47
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

540 E Cape May Avenue History

Date Event Value Agent
5/14/2026Source: BRIGHT MLS Added to Database
May 14, 2026