NOT LISTED FOR SALE

1522 Wesley Ave Ocean City, NJ 08226

Estimated Value: $1,819,000 - $2,802,000

5 Beds
4.5 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $2,250,000

Est. 2% increase in value since last sale

Current estimated payment $13,287/month

77 Days on Market

Highlights

  • Water Views
  • Deck
  • Recreation Room
  • Ocean City Primary School Rated A
  • Multiple Fireplaces
  • Cathedral Ceiling

About This Home

As of December 2022

Wait until you see this spectacular, newer single family home with dazzling OCEAN VIEWS! This beautifully updated, three story beach estate in the Heart of OCNJ features 5 bedrooms, 4.5 baths, an inviting open floor plan concept, gorgeous kitchen (with high-end appliances) that flows seamlessly into the great room (with gas fireplace), large dining area, 14 foot cathedral ceilings, second living room with a second gas fireplace, private master suite on the top level with a spacious luxury bath, walk-in closet, surround sound (wired for Sonos), Anderson windows & doors, upscale hardie board siding throughout, and more! This stunning home also features 2-zone gas heat & central air, gas hot water heater, spacious laundry room with washer/dryer, multiple grand decks, including a 3rd floor rooftop deck with magnificent 360 degree VIEWS of the OCEAN and the entire town, enclosed outdoor shower, two-car garage + 4 additional spots in the paver driveway, and more! Lastly, this lovely property sits on a large 30 x 120 foot lot, 2,860 sq. feet of living space and is just steps to the famous OCNJ beach and boardwalk! The home is in pristine condition and is ready for its new owners! Schedule your showing today! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 09/15/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 09/15/2022

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,107

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 30 x 120

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,107

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Furnished
  • Lvt Date: 09/15/2022
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room, More Than 1
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Great Room, Laundry/Utility Room, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Paved Road, Porch, Sidewalks, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Location: Boardwalk Area, Water View
  • Lot Dimensions: 30 X 120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Tripoli Joseph S and Tripoli Irene
Bought by
Joseph S Tripoli And Irene Tripoli Living Tru and Tripoli
Current Estimated Value
$2,291,114

Purchase Details

Listed on
Sep 15, 2022
Closed on
Jan 3, 2023
Sold by
Cosgrove Joseph C
Bought by
Guarnere John and Guarnere Mary Ann
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$2,595,000
Sold Price
$2,250,000
Premium/Discount to List
-$345,000
-13.29%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.64%

Purchase Details

Listed on
Oct 10, 2008
Closed on
Mar 9, 2012
Sold by
Rios Stephen and Rios Henry
Bought by
Cosgrove Joseph C
Seller's Agent
Paul Podgorski
Premier Real Estate Corp.
Buyer's Agent
NANCY SOBCZAK
Premier Real Estate Corp.
List Price
$1,650,000
Sold Price
$900,000
Premium/Discount to List
-$750,000
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$720,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2004
Sold by
Chase Andrew B
Bought by
Rios Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.83%
Mortgage Type
Construction
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
Joseph S Tripoli And Irene Tripoli Living Tru -- None Listed On Document
Joseph S Tripoli And Irene Tripoli Living Tru -- None Listed On Document
Guarnere John $2,250,000 Surety Title
Guarnere John $2,250,000 Surety Title
Cosgrove Joseph C $900,000 Group 21 Title Agency
Rios Stephen $925,000 --
Rios Stephen $925,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosgrove Joseph C $720,000
Previous Owner Rios Stephen $830,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $2,250,000 -9.8% --
12/01/2022 12/01/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $2,495,000 -3.9% --
09/15/2022 09/15/22 For Sale $2,595,000 +188.3% --
03/09/2012 03/09/12 Sold $900,000 -45.5% -- View Prior Sale
06/29/2011 06/29/11 Pending -- -- --
10/10/2008 10/10/08 For Sale $1,650,000 -- --
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 $13,107 $1,168,200 $565,700 $602,500
2024 $13,107 $1,168,200 $565,700 $602,500
2023 $12,381 $1,156,000 $565,700 $590,300
2022 $11,895 $1,156,000 $565,700 $590,300
2021 $8,624 $1,156,000 $565,700 $590,300
2020 $11,306 $1,156,000 $565,700 $590,300
2019 $11,179 $1,156,000 $565,700 $590,300
2018 $11,074 $1,156,000 $565,700 $590,300
2017 $10,901 $1,156,000 $565,700 $590,300
2016 $10,485 $1,156,000 $565,700 $590,300
2015 $10,346 $1,156,000 $565,700 $590,300
2014 $10,196 $1,156,000 $565,700 $590,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2022

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    361 in this area

    419 Total Sales

    Michael Contino
    Section Image
  • Paul Podgorski

    Seller's Agent in 2012

    Paul Podgorski

    Premier Real Estate Corp.

    (856) 848-3554

    53 Total Sales

    Paul Podgorski
    Section Image

  • N

    Buyer's Agent in 2012

    NANCY SOBCZAK

    Premier Real Estate Corp.

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 567129

South Jersey Shore Regional MLS

APN: 08 01502-0000-00021- 01

New Jersey Cape May County Ocean City 08226

1522 Wesley Ave, Ocean City, NJ

This home is located at 1522 Wesley Ave, Ocean City, NJ 08226 since 15 September 2022 and is currently estimated at $2,291,114. This property was built in 2004. 1522 Wesley Ave 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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