NOT LISTED FOR SALE

1609 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,203,000 - $1,415,000

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

Sale Details

Date Sold: April 5, 2024

Last sale price $1,215,000

Est. 11% increase in value since last sale

Current estimated payment $7,917 / mo

34 Days on Market

Highlights

  • Furnished
  • Ground Level Unit
  • Central Air
  • Ocean City Primary School Rated A
  • Tankless Water Heater
  • Gas Log Fireplace

About This Home

As of April 2024

Well maintained 1st floor in like new condition ready for your enjoyment. Recent upgrades include a new roof, tankless hot water heater, remodeled kitchen, new garage doors, new flooring, and washer and dryer. Great floor plan with a separate inside entrance down to the oversized garage. This home is on a quiet tree lined street close to the beach and boardwalk.

Last Agent to Sell the Property

David Zelinski

BERGER REALTY-E Listed on: 02/02/2024

Last Buyer's Agent

Eric Axelson

COLDWELL BANKER REALTY - Haddonfield

COLDWELL BANKER REALTY - Haddonfield

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 4,008

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • 16Th St Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Year Built: 2000
  • Age: 21 To 25 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Condo/Co-op/Association

  • Condo Name: 16th St

Rental Info

  • Pets: Yes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Apr 3, 2024
Sold by
Bought by
Seller's Agent
David Zelinski
BERGER REALTY-E
Buyer's Agent
Eric Axelson
COLDWELL BANKER REALTY - Haddonfield
List Price
$1,249,000
Sold Price
$1,215,000
Premium/Discount to List
-$34,000
-2.72%
Views
105
Current Estimated Value
$1,351,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,259
Avg. Annual Appreciation
4.95%
Original Mortgage
$972,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.2%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,215,000 Realsafe T1tie
$510,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $972,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $1,215,000 -2.7% --
03/07/2024 03/07/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $1,249,000 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,168 $638,900 $286,200 $352,700
2024 $6,843 $638,900 $286,200 $352,700
2023 $6,843 $638,900 $286,200 $352,700
2022 $6,574 $638,900 $286,200 $352,700
2021 $4,766 $638,900 $286,200 $352,700
2020 $6,248 $638,900 $286,200 $352,700
2019 $6,178 $638,900 $286,200 $352,700
2018 $6,121 $638,900 $286,200 $352,700
2017 $6,025 $638,900 $286,200 $352,700
2016 $5,795 $638,900 $286,200 $352,700
2015 $5,718 $638,900 $286,200 $352,700
2014 $5,635 $638,900 $286,200 $352,700
Source: Public Records

Agents Affiliated with this Home

  • David Zelinski

    Seller's Agent in 2024

    David Zelinski

    BERGER REALTY-E

    (609) 425-8891

    16 in this area

    22 Total Sales

    David Zelinski
    Section Image
  • Eric Axelson

    Buyer's Agent in 2024

    Eric Axelson

    COLDWELL BANKER REALTY - Haddonfield

    (609) 790-9801

    3 in this area

    31 Total Sales

    Eric Axelson
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581803

South Jersey Shore Regional MLS

APN: 08-01602-0000-00013-0000-C1

New Jersey Cape May County Ocean City 08226

1609 Central Ave Unit 1, Ocean City, NJ

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