NOT LISTED FOR SALE

1313 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,140,000 - $1,304,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold November 14, 2020

Last sale price $769,000

Est. 61% increase in value since last sale

Current estimated payment $7,125/month

Highlights

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

About This Home

As of November 2020

Well maintained, Gavranich built, 1st floor with large open floor plan. Featuring front and rear decks, sunbrella furniture, separated garage and storage, hardwood floors, upgraded window treatments, paver walkways, and much more. Rented in 2019 with prime weeks at $4100. This is a very nice home. Offered mostly furnished. EXCELLENT LOCATION!!!

Last Agent to Sell the Property

David Zelinski

BERGER REALTY-E Listed on: 09/15/2020

Last Buyer's Agent

JACK ZABOROWSKI

eXp Realty - Ocean City S382K

eXp Realty - Ocean City S382K

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,300

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Central Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,300

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 09/15/2020
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Condo Name: Central Ave

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 28, 2020
Sold by
Sheila J Jager Ret
Bought by
Corcoran Richard J and Reynolds Valerie
Seller's Agent
David Zelinski
BERGER REALTY-E
Buyer's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
List Price
$769,000
Sold Price
$769,000
Current Estimated Value
$1,238,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,619
Avg. Annual Appreciation
10.95%
Original Mortgage
$461,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Murray John J and Murray Paula J
Bought by
Jager Richard and Jager Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2004
Sold by
Cucinotta Steven A and Cucinotta Nancy L
Bought by
Murray John J and Murray Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Corcoran Richard J $769,000 None Available
Jager Richard $685,000 None Available
Murray John J $660,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corcoran Richard J $461,400
Previous Owner Jager Richard $415,000
Previous Owner Murray John J $410,300
Previous Owner Murray John J $417,000
Previous Owner Murray John J $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2020 11/14/20 Sold $769,000 0.0% --
09/23/2020 09/23/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $769,000 -- --
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 $6,300 $561,500 $298,200 $263,300
2024 $6,300 $561,500 $298,200 $263,300
2023 $6,014 $561,500 $298,200 $263,300
2022 $5,778 $561,500 $298,200 $263,300
2021 $4,189 $561,500 $298,200 $263,300
2020 $5,491 $561,500 $298,200 $263,300
2019 $5,430 $561,500 $298,200 $263,300
2018 $5,379 $561,500 $298,200 $263,300
2017 $5,295 $561,500 $298,200 $263,300
2016 $5,093 $561,500 $298,200 $263,300
2015 $5,025 $561,500 $298,200 $263,300
2014 $4,952 $561,500 $298,200 $263,300
Source: Public Records

Agents Affiliated with this Home

  • David Zelinski

    Seller's Agent in 2020

    David Zelinski

    BERGER REALTY-E

    (609) 425-8891

    26 in this area

    31 Total Sales

    David Zelinski
    Section Image
  • JACK ZABOROWSKI

    Buyer's Agent in 2020

    JACK ZABOROWSKI

    eXp Realty - Ocean City S382K

    (609) 602-7140

    24 in this area

    70 Total Sales

    JACK ZABOROWSKI
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 542125

South Jersey Shore Regional MLS

APN: 08-01303-0000-00009-0000-C1

New Jersey Cape May County Ocean City 08226

1313 Central Ave Unit 1, Ocean City, NJ

This home is located at 1313 Central Ave Unit 1, Ocean City, NJ 08226 since 15 September 2020 and is currently estimated at $1,238,619. 1313 Central Ave Unit 1 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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