NOT LISTED FOR SALE

1240 Central Ave Unit 1st Ocean City, NJ 08226

Estimated Value: $783,000 - $1,052,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $875,000

Est. 2% increase in value since last sale

Current estimated payment $5,146/month

Highlights

  • Furnished
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Great Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Have you ever thought about owning in Ocean City? This is the opportunity to have your very own Sandcastle. Lovingly taken care of. Fantastic 3-bedroom 2 bath 1st floor location, location, location!!! Located in the most desired Boardwalk (central) area. No need to drive once you are here, just park it and walk as it is located in the center of activity. Comes completely furnished. Brand new roof installed in 2020. Priced to go and get it before the other buyer gets it! Sold!!! Another "Cash" sale!

Last Agent to Sell the Property

George Cash

BERGER REALTY-Main Listed on: 05/15/2022

Last Buyer's Agent

George Cash

BERGER REALTY-Main Listed on: 05/15/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,737

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Great Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Parking Pad

Location

  • Ground Level Unit

Utilities

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

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,737

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 05/18/2022
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Great Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Parking Pad, Carport

Utilities

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

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes, Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Oct 7, 2022
Sold by
Bellavin Peter C and Bellavin Judith H
Bought by
Curry Thomas F and Curry Karen M
Seller's Agent
George Cash
BERGER REALTY-Main
Buyer's Agent
George Cash
BERGER REALTY-Main
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
40
Current Estimated Value
$895,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,395
Avg. Annual Appreciation
0.76%

Purchase Details

Closed on
Nov 9, 1998
Sold by
Mozzo Wayne
Bought by
Bellavin Peter and Bellavin Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.49%
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
Curry Thomas F $875,000 --
Curry Thomas F $875,000 None Listed On Document
Bellavin Peter $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellavin Peter $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $875,000 -2.7% --
06/09/2022 06/09/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $899,000 -- --
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 $4,737 $422,200 $245,000 $177,200
2024 $4,737 $422,200 $245,000 $177,200
2023 $4,522 $422,200 $245,000 $177,200
2022 $4,344 $422,200 $245,000 $177,200
2021 $3,150 $422,200 $245,000 $177,200
2020 $4,129 $422,200 $245,000 $177,200
2019 $4,083 $422,200 $245,000 $177,200
2018 $4,045 $422,200 $245,000 $177,200
2017 $3,981 $422,200 $245,000 $177,200
2016 $3,829 $422,200 $245,000 $177,200
2015 $3,779 $422,200 $245,000 $177,200
2014 $3,724 $422,200 $245,000 $177,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    George Cash

    BERGER REALTY-Main

    (609) 231-3586

    19 in this area

    21 Total Sales

    George Cash
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 563113

South Jersey Shore Regional MLS

APN: 08-01204-0000-00026-0000-C1

New Jersey Cape May County Ocean City 08226

1240 Central Ave Unit 1st, Ocean City, NJ

This home is located at 1240 Central Ave Unit 1st, Ocean City, NJ 08226 since 15 May 2022 and is currently estimated at $895,395. 1240 Central Ave Unit 1st 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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