NOT LISTED FOR SALE

237 Central Ave Ocean City, NJ 08226

Ocean City Area

Estimated Value: $1,117,000 - $1,593,000

Studio
-- Baths
1,440 Sq Ft
$911/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2013

Last sale price $375,000 $260 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $7,859 / mo

231 Days on Market

Highlights

  • Fenced
  • Ocean City Primary School Rated A
  • 5-minute walk to Lake Memorial Park

About This Home

As of January 2013

Quaint seashore duplex. 2 bedrooms 2nd fl, 1 bedroom 1st fl. Seperate elec meters. 1st fl elec heat, 2nd fl gas hot h2o heat. Vinly fenced in yard. 40 x 100 lot. Zoned: single family. Legal Non-Conforming duplex. Zoning variance would be required to expand existing duplex. Income producer. Ideal location to build a single. Currently tenant occupied, 24 hour notice to show.

Last Agent to Sell the Property

George Rumer

CENTURY 21 ALLIANCE-O1O4J License #SP-9233003 Listed on: 02/27/2012

CENTURY 21 ALLIANCE-O1O4J

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 40x100
  • Fenced

Home Design

  • Duplex
  • Asbestos Siding

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Asbestos

Utilities

  • Heating: Gas-Natural
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40x100

Rental Info

  • Rental Information: Yearly

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric

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

Closed on
Sep 4, 2014
Sold by
Pohl John and Pohl Denise
Bought by
Current Estimated Value
$1,311,472

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jan 11, 2013
Sold by
Estate Of Angela Pileggi and Pileggi Donald M
Bought by
Pohl John and Pohl Denise
Seller's Agent
George Rumer
CENTURY 21 ALLIANCE-O1O4J
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
Sep 26, 2008
Sold by
Pileggi Donald and Pileggi Angela
Bought by
Pileggi Angela

Purchase Details

Closed on
Dec 6, 2004
Sold by
Hodgdon Marilinda
Bought by
Pileggi Donald and Pileggi Angela

Purchase Details

Closed on
Sep 10, 2004
Sold by
Dougherty Frank C and Dougherty Andrew T
Bought by
Oteri Stephen and Oteri Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,550
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Fanning Francis C
Bought by
Dougherty Frank C and Dougherty Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean City, NJ

  • Natalia Fogelstrom Real Estate Agent - Opus Elite Real Estate

    Natalia Fogelstrom

    Opus Elite Real Estate

    (888) 899-7691

    61 Total Sales

    1 in Ocean City

    $1,290,000 Price

    Natalia Fogelstrom
     Section Image
  • Carie Ann Ochsenreither Real Estate Agent - SERHANT PENNSYLVANIA LLC

    Carie Ann Ochsenreither

    SERHANT PENNSYLVANIA LLC

    (484) 806-1268

    102 Total Sales

    7 in Ocean City

    $1.2M - $2.8M Price Range

    Carie Ann Ochsenreither
     Section Image
  • Tom Montague Real Estate Agent - Keller Williams Real Estate - Langhorne

    Tom Montague

    Keller Williams Real Estate - Langhorne

    (267) 481-8690

    41 Total Sales

    3 in Ocean City

    $653K - $1.8M Price Range

    Tom Montague
     Section Image
  • Janet Cantwell-Papale Real Estate Agent - Compass RE

    Janet Cantwell-Papale

    Compass RE

    (856) 460-5663

    108 Total Sales

    1 in Ocean City

    $1,310,000 Price

    Janet Cantwell-Papale
     Section Image
  • Anthony Marotta Real Estate Agent - Keller Williams Realty Jersey Shore - Margate

    Anthony Marotta

    Keller Williams Realty Jersey Shore - Margate

    (640) 900-3755

    138 Total Sales

    5 in Ocean City

    $325K - $1.7M Price Range

    Anthony Marotta
     Section Image
  • Matthew Quinn Real Estate Agent - United Real Estate Associates

    Matthew Quinn

    United Real Estate Associates

    (640) 333-9504

    33 Total Sales

    1 in Ocean City

    $742,500 Price

    Matthew Quinn
     Section Image
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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
-- None Available
Pohl John $375,000 Surety Title
Pileggi Angela -- None Available
Pileggi Donald $25,000 --
Oteri Stephen $375,000 Congress Title Company
Dougherty Frank C -- --
Pileggi Donald $300,000 --
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 $691,550
Previous Owner Pileggi Donald $240,000
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
01/11/2013 01/11/13 Sold $375,000 0.0% $260 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $375,000 -- $260 / Sq Ft
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
2026 $7,898 $726,200 $351,000 $375,200
2025 $7,898 $726,200 $351,000 $375,200
2024 $7,528 $726,200 $351,000 $375,200
2023 $7,528 $726,200 $351,000 $375,200
2022 $7,223 $726,200 $351,000 $375,200
2021 $6,648 $726,200 $351,000 $375,200
2020 $6,852 $726,200 $351,000 $375,200
2019 $6,772 $726,200 $351,000 $375,200
2018 $6,707 $726,200 $351,000 $375,200
2017 $6,598 $726,200 $351,000 $375,200
2016 $6,337 $726,200 $351,000 $375,200
2015 $6,249 $726,200 $351,000 $375,200
2014 $6,405 $351,000 $351,000 $0
Source: Public Records

Agents Affiliated with this Home

  • GR

    Seller's Agent in 2013

    George Rumer

    CENTURY 21 ALLIANCE-O1O4J

    (609) 442-3478

    7 Total Sales

    George Rumer
    Section Image
  • Michael Contino Real Estate Agent - BHHS Fox & Roach

    Buyer's Agent in 2013

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    348 Total Sales

    Michael Contino
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 391264

South Jersey Shore Regional MLS

APN: 08 00209-0000-00004- 01

New Jersey Cape May County Ocean City 08226

237 Central Ave, Ocean City, NJ

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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