NOT LISTED FOR SALE

117 Central Ave Unit 19 Ocean City, NJ 08226

Estimated Value: $865,000 - $1,698,000

-- Bed
-- Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold March 30, 2024

Last sale price $917,000

Est. 34% increase in value since last sale

Current estimated payment $6,957/month

11 Days on Market

About This Home

As of March 2024

Here's your chance to own a duplex building in the north end of Ocean City. Rehab it and put your own decorative touches on it, or build your dream home here on the 40' x 100' lot! Current building consists of two units: Unit 1 is 3 bedrooms and 2 baths, Unit 2 is 2 bedrooms and 1 bath. The 1st floor has yearly tenants in place until 2/29/24, but will be vacant after that. The 2nd floor is available for showings immediately. Terrific location in the quiet north end, yet walkable and bikeable to all of Ocean City's great attractions.

Last Agent to Sell the Property

Douglas Grisbaum

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 03/01/2024

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Last Buyer's Agent

Rick Adams

MONIHAN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,628

Year Built

  • Built in 1977

Lot Details

  • 4,008

Home Design

  • Duplex

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Crawl Space
  • Lot Dimensions are 40' x 100'

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,628

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 03/01/2024
  • Year Built: 1977
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Outside Features: Curbs, Sidewalks

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40' x 100'

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 29, 2024
Sold by
Shirk Susan N and Mccoy Barbara English
Bought by
Murtaugh Brian and Murtaugh Nancy Weniger
Seller's Agent
Douglas Grisbaum
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Rick Adams
MONIHAN REALTY
List Price
$994,000
Sold Price
$917,000
Premium/Discount to List
-$77,000
-7.75%
Views
20
Current Estimated Value
$1,233,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,305
Avg. Annual Appreciation
22.34%

Purchase Details

Closed on
May 4, 2023
Sold by
Shirk Susan N
Bought by
Shirk Susan N and Mccoy Barbara English
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
Murtaugh Brian $917,000 Title Company Of Jersey
Murtaugh Brian $917,000 Title Company Of Jersey
Shirk Susan N -- None Listed On Document
Shirk Susan N -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Warren E $254,000
Previous Owner North Warren E $370,000
Previous Owner North Warren E $373,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2024 03/30/24 Sold $917,000 -7.7% --
03/12/2024 03/12/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $994,000 -- --
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 $4,628 $351,000 $351,000 --
2024 $4,628 $412,500 $351,000 $61,500
2023 $4,418 $412,500 $351,000 $61,500
2022 $4,245 $412,500 $351,000 $61,500
2021 $3,077 $412,500 $351,000 $61,500
2020 $4,034 $412,500 $351,000 $61,500
2019 $3,989 $412,500 $351,000 $61,500
2018 $3,952 $412,500 $351,000 $61,500
2017 $3,890 $412,500 $351,000 $61,500
2016 $3,741 $412,500 $351,000 $61,500
2015 $3,692 $412,500 $351,000 $61,500
2014 $3,638 $412,500 $351,000 $61,500
Source: Public Records

Agents Affiliated with this Home

  • Douglas Grisbaum

    Seller's Agent in 2024

    Douglas Grisbaum

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 335-3801

    62 in this area

    67 Total Sales

    Douglas Grisbaum
    Section Image

  • R

    Buyer's Agent in 2024

    Rick Adams

    MONIHAN REALTY

    (609) 602-0684

    16 in this area

    22 Total Sales

    Rick Adams
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582724

South Jersey Shore Regional MLS

APN: 08-00106-0000-00010

New Jersey Cape May County Ocean City 08226

117 Central Ave Unit 19, Ocean City, NJ

This home is located at 117 Central Ave Unit 19, Ocean City, NJ 08226 since 01 March 2024 and is currently estimated at $1,233,305. This property was built in 1977. 117 Central Ave Unit 19 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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