NOT LISTED FOR SALE

135 Ocean Ave Ocean City, NJ 08226

Estimated Value: $1,569,000

-- Bed
-- Bath
-- Sq Ft
6,490 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $999,999

Est. 57% increase in value since last sale

Current estimated payment $9,887/month

Highlights

  • Deck
  • Furnished
  • Porch
  • Ocean City Primary School Rated A
  • 2 Car Detached Garage
  • Patio

About This Home

As of January 2021

Northend Triplex! This lovely property is situated on a 50x130 lot allowing for more space than the average home! The property consists of the main house featuring two units which both host 3 bedrooms and 1 full bathroom, along with a rear cottage complete with 2 bedrooms and 1 full bathroom. This quaint cottage is the perfect opportunity to rent and own at the same time, or have a compound big enough for the whole family! There is ample exterior living space with several decks, a large fenced in side yard, two outdoor showers, ample off-street parking and detached garage! The property has excellent rental history and is being sold furnished, allowing for a true "Turn Key" residence! Only two short blocks to the beach and boardwalk, and just a short stroll to the shops on Asbury!

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 09/17/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 09/17/2020

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 50x130

Home Design

  • Triplex
  • Asbestos Siding

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 09/17/2020
  • Year Built: 1921
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Patio, Porch, Sidewalks
  • Siding Exterior: Asbestos
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Detached Garage
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units, Wall Units
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 50x130

Rental Info

  • Rental Information: Seasonal, Yearly

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
135-137 Ocean Ave Llc
Bought by
135-137 Ocean Condominium Association
Current Estimated Value
$1,569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,507,380
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Closed on
Nov 22, 2021
Sold by
135-137 Ocean Ave Llc
Bought by
Starr Craig and Starr Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,507,380
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Closed on
Apr 28, 2021
Sold by
Central Ave Alleyoop Llc
Bought by
135-137 Ocean Ave Llc

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jan 26, 2021
Sold by
Witchko James and Witchko Mary
Bought by
Central Ave Alleyoop Llc
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$1,150,000
Sold Price
$999,999
Premium/Discount to List
-$150,001
-13.04%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Witchko Richard K
Bought by
Witchko Mary P and Witchko James C

Purchase Details

Closed on
Jun 20, 1977
Bought by
Witchko Mary P James C and Witchko Richard
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
135-137 Ocean Condominium Association -- Shore Title
Starr Craig $1,500,000 Surety Title
135-137 Ocean Ave Llc -- None Available
Central Ave Alleyoop Llc $999,999 None Available
Witchko Mary P -- --
Witchko Mary P James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starr Craig $1,507,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $999,999 -13.0% --
11/23/2020 11/23/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $1,150,000 -- --
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
2022 $5,232 $508,500 $508,500 $0
2021 $5,673 $580,100 $508,500 $71,600
2020 $5,673 $580,100 $508,500 $71,600
2019 $5,610 $580,100 $508,500 $71,600
2018 $5,557 $580,100 $508,500 $71,600
2017 $5,470 $580,100 $508,500 $71,600
2016 $5,262 $580,100 $508,500 $71,600
2015 $5,192 $580,100 $508,500 $71,600
2014 $5,116 $580,100 $508,500 $71,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 542230

South Jersey Shore Regional MLS

APN: 08-00104-0000-00005