$2,425,000
SOLD OCT 14, 2025

140 Simpson Ave Ocean City, NJ 08226

5 Beds
4.5 Baths
-- Sq Ft
4,617 Sq Ft Lot

Recently Sold

7% Below List Price

58 Days on Market

Highlights

  • Water Views
  • New Construction
  • Deck
  • Ocean City Primary School Rated A
  • In Ground Pool
  • Wood Flooring

About This Home

As of October 2025

Discover unmatched luxury living in Ocean City, NJ, with this newly constructed single-family masterpiece offering sweeping water and sunset views. Thoughtfully designed with exceptional craftsmanship, this home features detailed millwork, a flexible floor plan, and generous spaces for entertaining both indoors and out. Key highlights include a spacious outdoor area with a heated saltwater pool, a four-stop elevator, multiple decks, and a private master suite with panoramic vistas. The first floor offers a peaceful backyard retreat, complete with a rear deck and a well-sized patio surrounding the in-ground heated saltwater pool — ideal for both relaxation and entertaining. Inside, timeless elegance shines with engineered wide white oak hardwood flooring throughout. The inviting living area centers around a cozy fireplace, flowing seamlessly into a custom gourmet kitchen outfitted with top-tier appliances, luxurious leathered quartzite countertops, a large island, soft-close inlayed wood cabinetry, a designer tile backsplash, and a stunning custom range hood with wood accents. Nearby, a versatile flex room provides a quiet escape or the perfect home office, overlooking the serene backyard. A conveniently located powder room and elevator complete this level. Upstairs on the second floor, you’ll find four beautifully appointed bedrooms — two of which are luxurious en-suites with private decks and spectacular water views. Each space is enhanced with distinctive millwork and bathrooms that exude sophistication, featuring elegant tilework, stylish vanities, and sleek glass-enclosed showers. The dramatic top level is dedicated entirely to the private primary suite — a sanctuary offering unmatched bay and sunset views, a large private deck, a wet bar, and an array of upscale comforts crafted for ultimate indulgence. This is a rare opportunity to own a truly exceptional home in a sought-after Ocean City neighborhood — just a short walk to waterfront dining, boating, fishing, and other coastal activities, with convenient access to top local restaurants and attractions. Don’t miss your chance to enjoy summer living at its finest in this exquisite coastal retreat.

Last Agent to Sell the Property

JACK ZABOROWSKI

eXp Realty - Ocean City S382K Listed on: 06/26/2025

eXp Realty - Ocean City S382K

Last Buyer's Agent

Chris Monihan

MONIHAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Lot Dimensions are 40 x 115
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Year Built: 2025
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Pool-In Ground, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Number: 24
  • Location: Water View
  • Lot Dimensions: 40 x 115
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Oct 14, 2025
Sold by
John Arrow Homes Llc and John Arrow Custom Homes Llc
Bought by
Mchale Joseph and Mchale Gretchen
Seller's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
Buyer's Agent
Chris Monihan
MONIHAN REALTY
List Price
$2,595,000
Sold Price
$2,425,000
Premium/Discount to List
-$170,000
-6.55%
Views
82
Current Estimated Value
$2,387,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,000
Avg. Annual Appreciation
-5.48%
Original Mortgage
$2,182,257
Outstanding Balance
$2,182,257
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$204,743

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 29, 2024
Sold by
Murray Phyllis C and Murray Sidney A
Bought by
John Arrow Homes Llc
Seller's Agent
Gregory Brady
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $2,425,000 Surety Title
Deed $800,000 Title Company Of Jersey
Deed $800,000 Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,182,257 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 Sold $2,425,000 -3.0% --
08/23/2025 08/23/25 Pending -- -- --
08/08/2025 08/08/25 Price Changed $2,500,000 -3.7% --
06/26/2025 06/26/25 For Sale $2,595,000 +224.4% --
02/29/2024 02/29/24 Sold $800,000 -5.9% -- View Prior Sale
12/27/2023 12/27/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $849,900 -- --
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 $3,990 $314,800 $314,800 --
2024 $3,990 $355,600 $314,800 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 597680

South Jersey Shore Regional MLS

APN: 08-00111-0000-00024