NOT LISTED FOR SALE

1128 Bay Ave Unit 4 Ocean City, NJ 08226

Estimated Value: $565,908 - $1,004,000

2 Beds
1 Bath
825 Sq Ft
0.98 Acres

Last Sold June 02, 2023

Last sale price $608,000 $737 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,189/month

112 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • End Unit
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of June 2023

This completely renovated, gorgeous bayfront condo features 2 large bedrooms and 1 full bathroom. Located in the bayfront community of Marina Mews, centrally located to all of Ocean City’s favorite attractions, this complex features a large private pool, docks to enjoy the endless sunsets or to launch paddle boards and kayaks and onsite parking and storage. This top floor condo provides all the comforts and amenities to move right in. Upon entering, you are greeted by a large open floor plan with a massive entry closet, open concept kitchen with granite counters and granite backsplash, new cabinets and stainless steel appliances. Continuing through there is a roomy and and cozy den with a gas fireplace and tons of windows and skylights where the natural light flows through. Off the den is the beautiful updated bathroom featuring double bowl vanity. The condo is complete with two large bedrooms, spacious closets and washer and dryer. A comfortable front deck, 2 on-site parking spots, storage room and a brand new HVAC system complete this picture perfect home! Never rented and meticulously maintained and cared for with pride of ownership throughout! Start living the bayside dream and get your slice of paradise in Ocean City.

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 01/25/2023

Last Buyer's Agent

KAREN SALVO, SFR

Century 21 Action Plus Realty - Northfield

Century 21 Action Plus Realty - Northfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1982

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Property Views

  • Water
  • Pool

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include amenities, insurance, maintenance, management, trash, pool
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,578

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 01/26/2023
  • Year Built: 1982
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Pool View, Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Bulkheaded, Deck/Porch, Pool, Storage Facility

Exterior Features

  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned, Carport

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash, Pool
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Bay Front, Bulkheaded, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Pets Allowed, Skylight, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Jun 2, 2023
Sold by
Baker Gloria Anne
Bought by
Walczak Robert D and Walczak Linda B
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
KAREN SALVO, SFR
Century 21 Action Plus Realty - Northfield
List Price
$625,000
Sold Price
$608,000
Premium/Discount to List
-$17,000
-2.72%
Views
295
Current Estimated Value
$735,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,977
Avg. Annual Appreciation
8.43%
Original Mortgage
$308,000
Outstanding Balance
$299,824
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$436,153

Purchase Details

Closed on
Feb 7, 2016
Sold by
Wells Fargo Bank Na and Towe Diane L
Bought by
Shore Management Co Of Delaware Valley I

Purchase Details

Closed on
May 15, 2006
Sold by
Freed Cathy A
Bought by
Towe Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 1993
Sold by
Wanner Thomas D and Wanner Julianne C
Bought by
Arena Judilyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walczak Robert D $608,000 Surety Title
Walczak Robert D $608,000 Surety Title
Shore Management Co Of Delaware Valley I $360,297 None Available
Towe Diana L $375,000 The Title Company Of Jersey
Arena Judilyn $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walczak Robert D $308,000
Closed Walczak Robert D $308,000
Previous Owner Towe Diana L $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $608,000 -0.3% $737 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $610,000 -2.4% $739 / Sq Ft
03/10/2023 03/10/23 For Sale $625,000 0.0% $758 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $625,000 -1.6% $758 / Sq Ft
01/25/2023 01/25/23 For Sale $634,900 +49.4% $770 / Sq Ft
08/28/2020 08/28/20 Sold $425,000 -3.2% $515 / Sq Ft View Prior Sale
08/13/2020 08/13/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $439,000 +45.8% $532 / Sq Ft
05/06/2016 05/06/16 Sold $301,000 0.0% $365 / Sq Ft View Prior Sale
04/11/2016 04/11/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $301,000 -- $365 / Sq Ft
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 $3,578 $318,900 $187,100 $131,800
2024 $3,578 $318,900 $187,100 $131,800
2023 $3,415 $318,900 $187,100 $131,800
2022 $3,281 $318,900 $187,100 $131,800
2021 $2,300 $318,900 $187,100 $131,800
2020 $2,803 $286,600 $187,100 $99,500
2019 $2,771 $286,600 $187,100 $99,500
2018 $2,746 $286,600 $187,100 $99,500
2017 $2,703 $286,600 $187,100 $99,500
2016 $2,599 $286,600 $187,100 $99,500
2015 $2,565 $286,600 $187,100 $99,500
2014 $2,528 $286,600 $187,100 $99,500
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2023

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    104 in this area

    115 Total Sales

    RONALD C GIFFORD JR.
    Section Image
  • KAREN SALVO, SFR

    Buyer's Agent in 2023

    KAREN SALVO, SFR

    Century 21 Action Plus Realty - Northfield

    (609) 513-8127

    4 in this area

    91 Total Sales

    KAREN SALVO, SFR
    Section Image
  • Gloria Votta

    Seller's Agent in 2020

    Gloria Votta

    BHHS Fox & Roach

    (609) 425-6614

    28 in this area

    36 Total Sales

    Gloria Votta
    Section Image
  • Sharon Palmisciano

    Seller's Agent in 2016

    Sharon Palmisciano

    BALSLEY/LOSCO

    (609) 703-1358

    52 Total Sales

    Sharon Palmisciano
    Section Image
  • Adam Palmisciano

    Seller Co-Listing Agent in 2016

    Adam Palmisciano

    BALSLEY/LOSCO

    (609) 383-9220

    17 Total Sales

    Adam Palmisciano
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570571

South Jersey Shore Regional MLS

APN: 08-01109-0000-00011-0000-C4

New Jersey Cape May County Ocean City 08226

1128 Bay Ave Unit 4, Ocean City, NJ

This home is located at 1128 Bay Ave Unit 4, Ocean City, NJ 08226 since 25 January 2023 and is currently estimated at $735,977, approximately $892 per square foot. This property was built in 1982. 1128 Bay Ave Unit 4 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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