NOT LISTED FOR SALE

223 Ocean Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $811,000 - $1,044,000

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold September 25, 2024

Last sale price $850,000

Est. 5% increase in value since last sale

Current estimated payment $5,205/month

74 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Furnished
  • 5-minute walk to Lake Memorial Park

About This Home

As of September 2024

Charming Northend second floor condo close proximity to everything including beach and boardwalk. This north end condo features 3 bedrooms, 2 baths, gas heat, central air, outside shower, and storage area.

Last Agent to Sell the Property

Peter Madden

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 02/22/2024

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

JJ Perna

Keller Williams Real Estate - Blue Bell License #2334535

Keller Williams Real Estate - Blue Bell

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,249

Lot Details

  • 3,920

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,249

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 02/22/2024
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Deck/Porch, Outside Shower, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 15, 2022
Sold by
Battistoni Gary R
Bought by
Broad & Market Investments Llc
Seller's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Peter Madden
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$899,900
Sold Price
$735,000
Premium/Discount to List
-$164,900
-18.32%
Current Estimated Value
$895,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,752
Avg. Annual Appreciation
6.42%
Original Mortgage
$514,500
Outstanding Balance
$380,171
Interest Rate
4.59%
Estimated Equity
$515,581

Purchase Details

Closed on
Jul 18, 1995
Sold by
Parthernship Hlm
Bought by
Balliston Gary
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
Broad & Market Investments Llc $735,000 Walker Douglas K
Broad & Market Investments Llc $735,000 None Listed On Document
Balliston Gary $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broad & Market Investments Llc $514,500
Closed Broad & Market Investments Llc $514,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2024 09/25/24 Sold $850,000 -4.5% --
05/06/2024 05/06/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $889,900 -1.1% --
02/22/2024 02/22/24 For Sale $899,900 +22.4% --
08/05/2022 08/05/22 Sold $735,000 -8.1% -- View Prior Sale
07/16/2022 07/16/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $799,900 -11.1% --
06/25/2022 06/25/22 For Sale $899,900 -- --
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 $5,249 $467,800 $211,700 $256,100
2024 $5,249 $467,800 $211,700 $256,100
2023 $5,010 $467,800 $211,700 $256,100
2022 $4,814 $467,800 $211,700 $256,100
2021 $4,403 $467,800 $211,700 $256,100
2020 $4,575 $467,800 $211,700 $256,100
2019 $4,524 $467,800 $211,700 $256,100
2018 $4,482 $467,800 $211,700 $256,100
2017 $4,411 $467,800 $211,700 $256,100
2016 $4,243 $467,800 $211,700 $256,100
2015 $4,187 $467,800 $211,700 $256,100
2014 $4,126 $467,800 $211,700 $256,100
Source: Public Records

Agents Affiliated with this Home

  • Peter Madden

    Seller's Agent in 2024

    Peter Madden

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 513-4781

    129 in this area

    150 Total Sales

    Peter Madden
    Section Image
  • JJ Perna

    Buyer's Agent in 2024

    JJ Perna

    Keller Williams Real Estate - Blue Bell

    (267) 455-6203

    1 in this area

    21 Total Sales

    JJ Perna
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582474

South Jersey Shore Regional MLS

APN: 08-00207-0000-00008-0000-C2

New Jersey Cape May County Ocean City 08226

223 Ocean Ave Unit 2, Ocean City, NJ

This home is located at 223 Ocean Ave Unit 2, Ocean City, NJ 08226 since 22 February 2024 and is currently estimated at $895,752. 223 Ocean Ave Unit 2 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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