NOT LISTED FOR SALE

2 Waterway Rd Ocean City, NJ 08226

Estimated Value: $1,779,000 - $2,070,000

6 Beds
4 Baths
1,990 Sq Ft
$964/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $1,450,000 $729 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,983/month

Highlights

  • Deck
  • Family Room with Fireplace
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Loft

About This Home

As of June 2022

Large 6 bedroom single family home on a corner lot in Baylandings includes 3rd floor bonus room. Many extra features such as: a first floor bedroom with walk-in closet, built-in shelving and private deck. Main floor also has inside access to garage, full bathroom, laundry room and deep storage closet. In addition, there is a fire side family room, dining area and kitchen with custom cabinetry. 2nd floor highlights 2 master suites with decks & tray ceilings, two additional bedrooms and a 4th bathroom. 3rd floor loft provides a sitting area, optional 6th bedroom space and a private deck with partial lagoon view. Amenities include hardwood flooring, crown molding, recessed lighting and multi decks. Aerial Drone - https://youtu.be/bG82lqtJn0g 3D Matterport - https://my.matterport.com/show/?m=AsHSwDDLbTW

Last Agent to Sell the Property

John Walton

Keller Williams Realty Jersey Shore-Ocean City Listed on: 04/08/2022

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

Stacy Demcher

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Christen Andrews

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,206

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 50 x 92.5
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Loft
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,206

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 04/08/2022
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Loft, Master Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Porch
  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 50 x 92.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 21, 2022
Sold by
University Of Pennsylvania
Bought by
Dipietropolo Ruth Lynn and Torres Ramon Luis
Seller's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Christen Andrews
Compass New Jersey-Ocean City (O463E)
List Price
$1,750,000
Sold Price
$1,450,000
Premium/Discount to List
-$300,000
-17.14%
Current Estimated Value
$1,919,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,258
Avg. Annual Appreciation
8.87%
Original Mortgage
$1,160,000
Outstanding Balance
$1,104,031
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$815,227

Purchase Details

Closed on
May 1, 2018
Sold by
Mary Jane Williams Ret
Bought by
Vargo Valerie L

Purchase Details

Closed on
Jun 21, 2012
Sold by
Williams Mary Jane
Bought by
Williams Mary Jane

Purchase Details

Closed on
Sep 24, 2004
Sold by
Jacovino Joseph A and Jacovino Susan K
Bought by
Williams Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2004
Sold by
Jacovino Joseph A
Bought by
Jacovino Joseph A and Jacovino Susan K
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Dipietropolo Ruth Lynn $1,450,000 Freedom Title
Dipietropolo Ruth Lynn $1,450,000 Freedom Title
Vargo Valerie L -- --
Williams Mary Jane -- None Available
Williams Mary Jane $475,000 The Title Company Of Jersey
Jacovino Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dipietropolo Ruth Lynn $1,160,000
Closed Dipietropolo Ruth Lynn $1,160,000
Previous Owner Williams Mary Jane $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $1,450,000 -12.1% $729 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $1,650,000 -5.7% $829 / Sq Ft
04/08/2022 04/08/22 For Sale $1,750,000 -- $879 / Sq Ft
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 $9,206 $820,500 $254,900 $565,600
2024 $9,206 $820,500 $254,900 $565,600
2023 $8,788 $820,500 $254,900 $565,600
2022 $7,908 $768,500 $254,900 $513,600
2021 $7,431 $768,500 $254,900 $513,600
2020 $7,516 $768,500 $254,900 $513,600
2019 $7,431 $768,500 $254,900 $513,600
2018 $7,362 $768,500 $254,900 $513,600
2017 $7,247 $768,500 $254,900 $513,600
2016 $6,970 $768,500 $254,900 $513,600
2015 $6,878 $768,500 $254,900 $513,600
2014 $6,778 $768,500 $254,900 $513,600
Source: Public Records

Agents Affiliated with this Home

  • John Walton

    Seller's Agent in 2022

    John Walton

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 338-7667

    56 in this area

    75 Total Sales

    John Walton
    Section Image
  • Stacy Demcher

    Seller Co-Listing Agent in 2022

    Stacy Demcher

    Keller Williams Realty Jersey Shore-Ocean City

    (610) 662-0919

    66 in this area

    93 Total Sales

    Stacy Demcher
    Section Image
  • Christen Andrews

    Buyer's Agent in 2022

    Christen Andrews

    Compass New Jersey-Ocean City (O463E)

    (609) 992-9801

    18 in this area

    50 Total Sales

    Christen Andrews
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561546

South Jersey Shore Regional MLS

APN: 08-03207-0000-00013

New Jersey Cape May County Ocean City 08226

2 Waterway Rd, Ocean City, NJ

This home is located at 2 Waterway Rd, Ocean City, NJ 08226 since 08 April 2022 and is currently estimated at $1,919,258, approximately $964 per square foot. This property was built in 2005. 2 Waterway Rd 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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