NOT LISTED FOR SALE

2441 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $957,520 - $1,331,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold March 17, 2022

Last sale price $910,000

Est. 27% increase in value since last sale

Current estimated payment $6,613/month

Highlights

  • Deck
  • Wood Flooring
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Furnished
  • Great Room

About This Home

As of March 2022

Perfect! This first floor, three year old, three bedroom condo is in a perfect location, it's in perfect condition, and is perfect for your family! A welcoming front porch, wide enough for dining and relaxing, is the first thing you'll notice. Come on in to the great room and you'll find hardwood flooring throughout the entire home, classic, comfortable furnishings and decor, plantations shutters and a bright custom kitchen with white cabinetry, subway tile backsplash and center island and a sound system for your pleasure. A private side entrance and garage offers plenty of storage and added security. Located in the 2400 block of Asbury, this location is close to the south end of the boardwalk, perfect for morning bike rides, as well as convenient to the 34th Street bridge. Incredible rental income. Just bring your tooth brush!!!!

Last Agent to Sell the Property

DONNA DROHAN

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 10/14/2021

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Co-Listed By

Douglas Grisbaum

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Last Buyer's Agent

Kevin Redmond

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,388

Year Built

  • Built in 2018

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,388

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished, Rugs
  • Lvt Date: 10/14/2021
  • Year Built: 2018
  • Age: 2 To 5 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, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Mar 17, 2022
Sold by
Drohan and Jayne
Bought by
Elizabeth M Stone Revocable Trust
Seller's Agent
DONNA DROHAN
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Kevin Redmond
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$929,000
Sold Price
$910,000
Premium/Discount to List
-$19,000
-2.05%
Current Estimated Value
$1,159,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,380
Avg. Annual Appreciation
6.92%
Original Mortgage
$682,500
Outstanding Balance
$639,375
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$520,005

Purchase Details

Listed on
Sep 19, 2017
Closed on
Apr 20, 2018
Sold by
Ocean City Dev Grp
Bought by
Drohan David and Drohan Jayne
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
DONNA DROHAN
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
List Price
$619,000
Sold Price
$610,000
Premium/Discount to List
-$9,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$504,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2017
Sold by
Morris Robert S and Morris Marcia R
Bought by
Ocean City Development Group Llc

Purchase Details

Closed on
Jan 27, 2006
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
Elizabeth M Stone Revocable Trust $910,000 Infinity Title
Drohan David $610,000 --
Ocean City Development Group Llc $610,000 Freedom Title & Abstract
-- $100 --
Morris Robert S -- Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizabeth M Stone Revocable Trust $682,500
Previous Owner Drohan David $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $910,000 -2.0% --
11/02/2021 11/02/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $929,000 +52.3% --
04/20/2018 04/20/18 Sold $610,000 -1.5% -- View Prior Sale
09/28/2017 09/28/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $619,000 -- --
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 $6,388 $569,300 $268,500 $300,800
2024 $6,388 $569,300 $268,500 $300,800
2023 $6,097 $569,300 $268,500 $300,800
2022 $5,858 $569,300 $268,500 $300,800
2021 $5,721 $569,300 $268,500 $300,800
2020 $5,568 $569,300 $268,500 $300,800
2019 $5,505 $569,300 $268,500 $300,800
2018 $2,572 $268,500 $268,500 $0
2017 $2,916 $309,200 $268,500 $40,700
2016 $2,804 $309,200 $268,500 $40,700
2015 $2,767 $309,200 $268,500 $40,700
2014 $2,727 $309,200 $268,500 $40,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    DONNA DROHAN

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 705-4018

    18 in this area

    23 Total Sales

    DONNA DROHAN
    Section Image
  • Douglas Grisbaum

    Seller Co-Listing Agent in 2022

    Douglas Grisbaum

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 335-3801

    63 in this area

    68 Total Sales

    Douglas Grisbaum
    Section Image
  • Kevin Redmond

    Buyer's Agent in 2022

    Kevin Redmond

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 513-6220

    67 in this area

    99 Total Sales

    Kevin Redmond
    Section Image
  • Cheryl Huber

    Seller's Agent in 2018

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    209 in this area

    316 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556494

South Jersey Shore Regional MLS

APN: 08-02402-0000-00005-0000-C1

New Jersey Cape May County Ocean City 08226

2441 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 2441 Asbury Ave Unit 1, Ocean City, NJ 08226 since 14 October 2021 and is currently estimated at $1,159,380. This property was built in 2018. 2441 Asbury 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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