NOT LISTED FOR SALE

2416 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,449,090 - $1,771,000

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

Last Sold September 15, 2021

Last sale price $1,100,000

Est. 38% increase in value since last sale

Current estimated payment $8,978/month

22 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of September 2021

This beautifully appointed 4 bedroom, 2 bath first floor condo is situated a block from the beach and boardwalk in the beautiful Gold Coast. The open floor plan offers gleaming hardwood floors and plenty of natural light from transom windows in both the living and dining areas. The well-equipped kitchen has granite counter tops, custom tile backsplash, stainless steel appliances and a center island that comfortably seats 4. The spacious master suite has a bathroom with double vanity and walk-in shower; hardwood floors and access to the rear deck. Three additional bedrooms are carpeted which share the hall bath featuring tile floors and tub with shower. Store your gear in the attached garage and take advantage of the enclosed outside shower after a day at the beach.

Last Agent to Sell the Property

Ryan Huck

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #1325402 Listed on: 06/18/2021

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Michael Contino

BHHS FOX and ROACH-Simpson OC License #0338620

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,066

Year Built

  • Built in 2005

Lot Details

  • 4,008

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Great Room
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,066

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Partially Furnished
  • Lvt Date: 06/18/2021
  • Year Built: 2005
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: One And Half Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 15, 2021
Sold by
Cole Jr George G and Cole Lisa A
Bought by
Kouch Paul and Kouch Erin
Seller's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$1,149,900
Sold Price
$1,100,000
Premium/Discount to List
-$49,900
-4.34%
Current Estimated Value
$1,517,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,019
Avg. Annual Appreciation
9.06%
Original Mortgage
$660,000
Outstanding Balance
$607,700
Interest Rate
2.88%
Estimated Equity
$936,284

Purchase Details

Closed on
Mar 28, 2008
Sold by
Pasternak Gary E and Pasternak Beth M
Bought by
Cole George G and Cole Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Gummer E Garrett
Bought by
Pasternak Gary E and Pasternak Beth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
5.79%
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
Kouch Paul $1,100,000 Surety Title
Cole George G $800,000 Fidelity Natl Title Ins Co
Pasternak Gary E $650,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kouch Paul $660,000
Previous Owner Cole George G $404,900
Previous Owner Cole George G $417,000
Previous Owner Pasternak Gary E $705,000
Previous Owner Pasternak Gary E $1,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,100,000 -4.3% --
07/10/2021 07/10/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,149,900 -- --
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 $8,066 $718,900 $362,000 $356,900
2024 $8,066 $718,900 $362,000 $356,900
2023 $7,699 $718,900 $362,000 $356,900
2022 $7,397 $718,900 $362,000 $356,900
2021 $5,363 $718,900 $362,000 $356,900
2020 $7,031 $718,900 $362,000 $356,900
2019 $6,952 $718,900 $362,000 $356,900
2018 $6,887 $718,900 $362,000 $356,900
2017 $6,779 $718,900 $362,000 $356,900
2016 $6,520 $718,900 $362,000 $356,900
2015 $6,434 $718,900 $362,000 $356,900
2014 $6,341 $718,900 $362,000 $356,900
Source: Public Records

Agents Affiliated with this Home

  • Ryan Huck

    Seller's Agent in 2021

    Ryan Huck

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-8824

    67 in this area

    90 Total Sales

    Section Image
  • Michael Contino

    Buyer's Agent in 2021

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    375 in this area

    434 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 552041

South Jersey Shore Regional MLS

APN: 08-02402-0000-00018-0000-C1

New Jersey Cape May County Ocean City 08226

2416 Central Ave Unit 1, Ocean City, NJ

This home is located at 2416 Central Ave Unit 1, Ocean City, NJ 08226 since 18 June 2021 and is currently estimated at $1,560,773. This property was built in 2005. 2416 Central Ave Unit 1 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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