NOT LISTED FOR SALE

1036 Bay Ave Unit 1036 Ocean City, NJ 08226

Estimated Value: $1,109,000 - $1,178,000

3 Beds
2.5 Baths
-- Sq Ft
5,140 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $680,000

Est. 68% increase in value since last sale

Current estimated payment $6,528/month

19 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Deck
  • Ocean City Primary School Rated A
  • Property is near a marina
  • Cathedral Ceiling

About This Home

As of June 2020

Awesome Townhouse Steps To The Bay With Dock And Boat Slip With Lift! This 3 Bedroom 2 Full Bath 1 Half Bath Townhouse is tucked right off of Bay Avenue. This East Side Unit has been Owner Loved and has upgrades throughout. Features Include: 2 Decks With Bay Views, 2 Car Garage, Renovated Baths, New Carpeting, New Lighting, Freshly Painted, WiFi Thermostats, Hardwood Flooring, Gas Fireplace, Upgraded Kitchen With Stainless Appliances and Granite Countertops, The List Goes On... The Best Feature Is Access To A New Dock With A 9,000 LB Boat Lift With Upgraded Motor And Remote! This Is A Unique Property And Is Perfect For The Boater! Easy To See. $1,500 A Year Association Fee Covers Marina & Slip, Access Easement, And common Area Landscaping.

Last Agent to Sell the Property

Eric Booth

Compass New Jersey-Ocean City (O463E) Listed on: 04/23/2020

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,576

Year Built

  • Built in 1989

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Property is near a marina
  • Deck

Utilities

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

Community Details

Recreation

  • Boat Dock
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include insurance
  • Community Deck or Porch

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,576

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex, Townhouse
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Rugs
  • Lvt Date: 04/24/2020
  • Year Built: 1989
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry
  • Common Area Features: Bulkheaded, Deck/Porch, Dock/Boat Slip, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Masonry/Block, Stone, Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, Assigned, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Association, Co-Owner

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Marina, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Haverly Jennifer L
Bought by
Mcginniss Daniel C and Mc Ginniss Josephine
Current Estimated Value
$1,139,089

Purchase Details

Closed on
Mar 26, 2015
Sold by
Schneider Joseph H and Schneider Maureen B
Bought by
Haverly Donald E and Haverly Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2012
Sold by
Swayze Walter H
Bought by
Schneider Joseph H and Schneider Maureen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2002
Sold by
Quinn John J
Bought by
Swayze Walter H and Swayze Ruth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 13, 1992
Sold by
Seaside Investments Inc
Bought by
Midlantic National Bank
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcginniss Daniel C $525,000 None Available
Haverly Donald E $525,000 Old Republic Natl Title Ins
Schneider Joseph H $505,000 Chicago Title
Swayze Walter H $297,000 --
Midlantic National Bank $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haverly Donald E $393,750
Previous Owner Schneider Joseph H $417,000
Previous Owner Swayze Walter H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $680,000 -2.2% --
05/12/2020 05/12/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $695,000 -1.4% --
04/23/2020 04/23/20 For Sale $705,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

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 $5,576 $497,000 $210,400 $286,600
2024 $5,576 $497,000 $210,400 $286,600
2023 $5,323 $497,000 $210,400 $286,600
2022 $5,114 $497,000 $210,400 $286,600
2021 $3,708 $497,000 $210,400 $286,600
2020 $4,861 $497,000 $210,400 $286,600
2019 $4,806 $497,000 $210,400 $286,600
2018 $4,761 $497,000 $210,400 $286,600
2017 $4,687 $497,000 $210,400 $286,600
2016 $4,508 $497,000 $210,400 $286,600
2015 $4,448 $497,000 $210,400 $286,600
2014 -- $497,000 $210,400 $286,600
Source: Public Records

Agents Affiliated with this Home

  • Eric Booth

    Seller's Agent in 2020

    Eric Booth

    Compass New Jersey-Ocean City (O463E)

    (609) 602-2303

    79 in this area

    137 Total Sales

    Eric Booth
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2020

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    159 in this area

    505 Total Sales

    Jeff Quintin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536314

South Jersey Shore Regional MLS

APN: 08-01010-0000-00015-0000-C1036

New Jersey Cape May County Ocean City 08226

1036 Bay Ave Unit 1036, Ocean City, NJ

This home is located at 1036 Bay Ave Unit 1036, Ocean City, NJ 08226 since 23 April 2020 and is currently estimated at $1,139,089. This property was built in 1989. 1036 Bay Ave Unit 1036 is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

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