$840,000
NEW CONSTRUCTION $5K PRICE DROP

318 E Cape May Ave Ocean Gate, NJ 08740

Estimated payment $5,019/month

Total Views 3,674
4 Beds
3 Baths
2,466 Sq Ft
$341 Price per Sq Ft

Highlights

  • New Construction
  • New Kitchen
  • Bonus Room
  • Custom Home
  • Deck
  • Quartz Countertops

About This Home

Welcome to this stunning new construction Colonial, just four blocks from the beautiful Ocean Gate Bay Beach. Offering 2,466 square feet of thoughtfully designed living space, this home seamlessly blends modern style, quality craftsmanship, and everyday functionality.
Step inside to a bright, open layout featuring 9-foot ceilings, luxury vinyl plank flooring, and a spacious dining area ideal for entertaining. The heart of the home is the impressive two-story great room with soaring 18-foot ceilings, a gas fireplace, and sliding doors that lead to a covered rear deck--perfect for indoor-outdoor living. The property also features a full irrigation system with newly installed sod.
The eat-in kitchen is a true showstopper, highlighted by 42-inch cabinetry with crown molding, quartz counterto and backsplash, stainless steel appliances, floating shelves, and a deep sink with a sleek pull-down faucet. Ample drawer and cabinet storage provide both beauty and functionality. The main level includes a versatile home office with direct access to a full bathroom, offering flexibility as a potential fourth bedroom or guest space. Upstairs, the primary suite serves as a peaceful retreat, complete with a beautifully finished en-suite bathroom and a generous walk-in closet. Two additional bedrooms, a full bathroom, and an extra storage closet complete the second floor. Additional highlights include a covered front porch, oak staircase with white railings, ceramic-tiled bathrooms with quartz vanities, a tankless water heater, 200-amp electrical service, forced hot air heating, central air, Energy Star windows, and a 30-year Timberline roof. The fully fenced backyard, concrete driveway, and two-car garage add even more convenience. Located in a desirable Ocean Gate neighborhood close to beaches, the boardwalk, Route 9, and the Garden State Parkway--and not in a flood zone--this home offers the perfect combination of coastal living and everyday convenience. Don't miss your opportunity to own a brand-new home near the Jersey Shore. Schedule your private showing today.

Listing Agent

Gina Scodella

RE/MAX Revolution License #2186963 Listed on: 04/10/2026

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Sliding Doors
  • Bonus Room
  • Linoleum Flooring
  • Crawl Space

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00045-0000-00002

Home Details

Home Type

Single Family

Year Built

Built in 2026 | New Construction

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Interior Features: Bonus Room, Ceilings - 9Ft+ 1st Flr, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2026
  • Contract Info List PriceSqFt: 340.63
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Location Middle School: Central Reg Middle
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Outdoor Lighting: Yes
  • ExteriorDeck: Yes
  • Kitchen Dec Molding5: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Interior Bonus Room: Yes
  • GreatFamily Room Floor - LinoleumVinyl5: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Floor - LinoleumVinyl6: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Waterfront: No
  • Exterior Features: Underground Sprinkler System
  • Patio And Porch Features: Deck, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Parcel #: 22-00045-0000-00002

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,466 $355,100 $195,500 $159,600
2024 $5,851 $355,100 $195,500 $159,600
2023 $5,390 $193,800 $84,100 $109,700
2022 $5,390 $193,800 $84,100 $109,700
2021 $5,159 $193,800 $84,100 $109,700
2020 $5,200 $193,800 $84,100 $109,700
2019 $5,074 $193,800 $84,100 $109,700
2018 $4,897 $193,800 $84,100 $109,700
2017 $4,861 $193,800 $84,100 $109,700
2016 $4,822 $193,800 $84,100 $109,700
2015 $5,040 $247,300 $137,500 $109,800
2014 $5,062 $247,300 $137,500 $109,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2026 05/12/26 Price Changed $840,000 -0.6% $341 / Sq Ft
04/10/2026 04/10/26 For Sale $845,000 +138.0% $343 / Sq Ft
10/10/2024 10/10/24 Sold $355,000 -6.6% $360 / Sq Ft View Prior Sale
08/12/2024 08/12/24 Pending -- -- --
07/21/2024 07/21/24 For Sale $379,900 -- $385 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $355,000 Pegasus Title
Deed $355,000 Pegasus Title
Interfamily Deed Transfer -- First American Title Ins Co
Deed $80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $40,000 No Value Available
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22609005

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00045-0000-00002

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