NOT LISTED FOR SALE

255 Northpoint Rd Ocean City, NJ 08226

Estimated Value: $2,233,547 - $2,793,000

4 Beds
3.5 Baths
1,903 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $1,950,000 $1,025 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,647/month

3 Days on Market

Highlights

  • Water Views
  • Boat Slip
  • Deck
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Cathedral Ceiling

About This Home

As of August 2022

Enjoy life on the bay from one of Ocean City's most desirable lagoons. This Gardens lagoon home features 4 bedroom 3.5 baths, cathedral ceilings, large windows, attached 2 car garage, bayfront deck and large boat slip. The 1st floor features a foyer entrance, 2 story living area with glass wall to enjoy the bay and lagoon views, fireplace, dining area, kitchen and powder room. The 2nd floor features 3 spacious bedrooms each with a bath, and a 3rd floor office or bedroom with bay views. This home is situated close to the Great Egg Harbor Inlet and offers easy access to the ocean for boaters and sailors. A perfect home for your year round or summer residence, ready to be updated or just enjoy bayfront living why you plan to build your new home on the Gardens Lagoon. A great value in today's market for this location! The home is offered unfurnished, but includes all appliances. Owner will consider renting back after closing, should that be a desired option to a buyer. Call to schedule an appointment. Additional Photos coming soon.

Last Agent to Sell the Property

Burton Wilkins

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY Listed on: 07/09/2022

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Robert Idell

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,196

Year Built

  • Built in 1988

Lot Details

  • Home fronts a lagoon or estuary
  • Fenced

Home Design

  • Cedar Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Shades
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Boat Slip
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,196

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Shades
  • Lvt Date: 07/09/2022
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Security System, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Loft

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard, Sidewalks
  • Siding Exterior: Cedar, Vinyl
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Bulkheaded, Docks, Lagoon Front, Water View
  • Lot Dimensions: 29 x 100 irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 31, 2022
Sold by
255 N Point Road Associates Llc
Bought by
Alfinito Thomas C and Roselli Laura Anne
Seller's Agent
Burton Wilkins
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$2,000,000
Sold Price
$1,950,000
Premium/Discount to List
-$50,000
-2.5%
Total Days on Market
3
Views
23
Current Estimated Value
$2,486,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,387
Avg. Annual Appreciation
8.50%
Original Mortgage
$1,450,000
Outstanding Balance
$1,380,264
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,106,123

Purchase Details

Closed on
May 23, 2008
Sold by
Andrews Nikki Christina
Bought by
255 N Point Road Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Hopkin Ruth Carleen
Bought by
Andrews Nikki Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.83%
Mortgage Type
Unknown
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
Alfinito Thomas C $1,950,000 --
255 N Point Road Associates Llc $1,600,000 Surety Title Corporation
Andrews Nikki Christina $1,500,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfinito Thomas C $1,450,000
Previous Owner 255 N Point Road Associates Llc $1,360,000
Previous Owner Andrews Nikki Christina $128,500
Previous Owner Andrews Nikki Christina $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,950,000 -2.5% $1,025 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $2,000,000 0.0% $1,051 / Sq Ft
05/01/2013 05/01/13 Rented -- -- --
04/01/2013 04/01/13 Under Contract -- -- --
03/01/2013 03/01/13 For Rent -- -- --
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 $13,196 $1,176,100 $832,000 $344,100
2024 $13,196 $1,176,100 $832,000 $344,100
2023 $12,596 $1,176,100 $832,000 $344,100
2022 $11,760 $1,142,900 $832,000 $310,900
2021 $11,486 $1,142,900 $832,000 $310,900
2020 $11,178 $1,142,900 $832,000 $310,900
2019 $11,052 $1,142,900 $832,000 $310,900
2018 $10,949 $1,142,900 $832,000 $310,900
2017 $10,778 $1,142,900 $832,000 $310,900
2016 $10,366 $1,142,900 $832,000 $310,900
2015 $10,229 $1,142,900 $832,000 $310,900
2014 $10,080 $1,142,900 $832,000 $310,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564952

South Jersey Shore Regional MLS

APN: 08-00070-14-00014