NOT LISTED FOR SALE

1314 Ocean Ave Unit 1314 Ocean City, NJ 08226

Estimated Value: $1,184,000 - $1,384,023

4 Beds
3 Baths
-- Sq Ft
6,752 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $854,000

Est. 54% increase in value since last sale

Current estimated payment $7,536/month

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Deck
  • Ground Level Unit

About This Home

As of April 2021

LOCATION! LOCATION! LOCATION! This 1st Floor Condo is situated ACROSS from the beach and boardwalk! Step into this oversized unit which features an open layout with spacious dining room, kitchen with breakfast bar that leads to the living room. 4 Bedrooms with 3 full bathrooms, 2 are ensuite. Amenities include newer carpeting, tile flooring, gas fireplace, gas heat and central air. Rear Porch and incredible front porch to soak up the ocean views, boardwalk and salt air! Exterior highlights include, rear alley access, parking for two and outside shower. This unit is being sold fully furnished and carries excellent rental history! Incredible location, and incredible price! The projected 2020 Rental income for unit 1314 is expected to be $79,225. *NOTE* IN MOST CASES WE ARE STILL AVAILABLE TO SHOW PROPERTIES. IN ADDITION, WE ARE ABLE TO FACILITATE SHOWINGS VIRTUALLY TO SUPPORT SOCIAL DISTANCING VIA FACETIME OR VIDEO CALLS.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 01/06/2021

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kevin Halliday

BERGER REALTY-A

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,917

Year Built

  • Built in 2002

Lot Details

  • 6,752

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Carpet
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,917

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 01/06/2021
  • Year Built: 2002
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Den/Tv Room, Dining Room, Laundry/Utility Room, Pantry
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: Two Car, Assigned, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Apr 28, 2021
Sold by
Mitchell Properties
Bought by
1314 Ocean Llc
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Kevin Halliday
BERGER REALTY-A
List Price
$854,000
Sold Price
$854,000
Current Estimated Value
$1,311,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,006
Avg. Annual Appreciation
9.99%
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
1314 Ocean Llc $854,000 The Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $854,000 0.0% --
01/18/2021 01/18/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $854,000 -- --
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 $7,917 $705,600 $352,100 $353,500
2024 $7,917 $705,600 $352,100 $353,500
2023 $7,557 $705,600 $352,100 $353,500
2022 $7,261 $705,600 $352,100 $353,500
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Phillips

    Seller's Agent in 2021

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    188 in this area

    276 Total Sales

    Dorothy Phillips
    Section Image
  • Kevin Halliday

    Buyer's Agent in 2021

    Kevin Halliday

    BERGER REALTY-A

    (609) 425-7423

    57 in this area

    61 Total Sales

    Kevin Halliday
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 545918

South Jersey Shore Regional MLS

APN: 08 01302-0000-00013-0000-C1314

New Jersey Cape May County Ocean City 08226

1314 Ocean Ave Unit 1314, Ocean City, NJ

This home is located at 1314 Ocean Ave Unit 1314, Ocean City, NJ 08226 since 06 January 2021 and is currently estimated at $1,311,006. This property was built in 2002. 1314 Ocean Ave Unit 1314 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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