NOT LISTED FOR SALE

1325 Central Ave Unit 1 floor Ocean City, NJ 08226

Estimated Value: $1,148,000 - $1,392,000

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

Last Sold January 29, 2021

Last sale price $817,500

Est. 53% increase in value since last sale

Current estimated payment $7,284/month

11 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Eat-In Kitchen

About This Home

As of January 2021

Unique opportunity to own a pristine 4 bedrooms,2 full bath condo in the boardwalk area of Ocean City. Professionally decorated, this home is in truly move-in condition and is being sold fully furnished. Great location two short blocks from the beach and boardwalk. Property is located on the quiet tree-lined street close to the beach on one side and close to convenience stores, restaurants and coffee shops on the other side. Low taxes ,no condo fees, no pet restrictions. House offers oversized rooms with plenty of closets, separate laundry and storage rooms, top quality hardwood floors and upgraded fire place in the great room. Granite counter tops in the kitchen with center island are among many luxury futures of this residence. One car garage with plenty off street parking for at least two additional cars, two large decks, outside enclosed shower and maintenance free landscaping add to overall appeal. Realistically priced and suitable for the most discriminating buyers. Call for your private showing. Weather you are looking for investment property with very solid rental history or second home at the fantastic shore location, you have arrived at your destinations !!

Last Agent to Sell the Property

Christopher Malinowki

BERGER REALTY-D Listed on: 11/23/2020

Last Buyer's Agent

Christopher Ferzoco

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,057

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,057

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Furnished, Rugs
  • Lvt Date: 11/23/2020
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • 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, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Master Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
1325 Central Avenue Llc
Bought by
George And Christine Reinwald Irrevocable Tru
Current Estimated Value
$1,253,779

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 28, 2021
Sold by
Foy Edward J
Bought by
Reinwald George L and Reinwald Christine P
Seller's Agent
Christopher Malinowki
BERGER REALTY-D
Buyer's Agent
Christopher Ferzoco
Keller Williams Realty Jersey Shore-Ocean City
List Price
$829,900
Sold Price
$817,500
Premium/Discount to List
-$12,400
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$400,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2007
Sold by
Hinds Carl and Hinds Jacqueline
Bought by
Foy Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2000
Sold by
Geisler Rodman Jack
Bought by
Hinds Carl and Hinds Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,700
Interest Rate
8.21%
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
George And Christine Reinwald Irrevocable Tru -- None Listed On Document
George And Christine Reinwald Irrevocable Tru -- None Listed On Document
Reinwald George L $817,500 None Available
Foy Edward J $670,000 The Title Company Of Jersey
Hinds Carl $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reinwald George L $400,000
Previous Owner Foy Edward J $388,877
Previous Owner Foy Edward J $19,873
Previous Owner Foy Edward J $417,000
Previous Owner Foy Edward J $67,000
Previous Owner Foy Edward J $536,000
Previous Owner Hinds Carl $243,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $817,500 -1.5% --
12/04/2020 12/04/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $829,900 -- --
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 $6,057 $539,800 $298,200 $241,600
2024 $6,057 $539,800 $298,200 $241,600
2023 $5,781 $539,800 $298,200 $241,600
2022 $5,555 $539,800 $298,200 $241,600
2021 $4,027 $539,800 $298,200 $241,600
2020 $5,279 $539,800 $298,200 $241,600
2019 $5,220 $539,800 $298,200 $241,600
2018 $5,171 $539,800 $298,200 $241,600
2017 $5,090 $539,800 $298,200 $241,600
2016 $4,896 $539,800 $298,200 $241,600
2015 $4,831 $539,800 $298,200 $241,600
2014 $4,761 $539,800 $298,200 $241,600
Source: Public Records

Agents Affiliated with this Home

  • Christopher Malinowki

    Seller's Agent in 2021

    Christopher Malinowki

    BERGER REALTY-D

    (609) 399-2911

    30 in this area

    32 Total Sales

    Christopher Malinowki
    Section Image
  • Christopher Ferzoco

    Buyer's Agent in 2021

    Christopher Ferzoco

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 408-9817

    21 in this area

    266 Total Sales

    Christopher Ferzoco
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 544893

South Jersey Shore Regional MLS

APN: 08-01303-0000-00006-0000-C1

New Jersey Cape May County Ocean City 08226

1325 Central Ave Unit 1 floor, Ocean City, NJ

This home is located at 1325 Central Ave Unit 1 floor, Ocean City, NJ 08226 since 23 November 2020 and is currently estimated at $1,253,779. 1325 Central Ave Unit 1 floor 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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