NOT LISTED FOR SALE

257 Ocean Rd Ocean City, NJ 08226

Estimated Value: $2,802,000 - $3,807,000

3 Beds
3 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $3,000,000

Est. 5% increase in value since last sale

Current estimated payment $17,768/month

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Dutch Colonial Architecture
  • Den

About This Home

As of May 2022

Fabulous opportunity to own a single family home in the Gardens with ocean views and only 3 houses to the beach....and on a massive lot measuring 70' x 100'! Dutch Colonial style single home featuring gas heat and central A/C. Front and rear porches and decks - ocean views off the back deck. 3 bedrooms + den and 3 full baths. Plenty of parking and garage space. Well maintained throughout the years and has remained in the same family for generations. Now it is your turn to create your own memories with this fabulous location just a stone's throw to Surf Road beach. Also a great opportunity to build a new magnificent home on this over sized lot with ocean views.....

Last Agent to Sell the Property

Chris Monihan

MONIHAN REALTY Listed on: 03/10/2022

Last Buyer's Agent

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,720

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 70' x 100'

Parking

  • 2 Car Garage

Home Design

  • Dutch Colonial Architecture

Interior Spaces

  • Dining Room
  • Den
  • Water Views
  • Crawl Space
  • Storm Screens

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,720

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Dutch Colonial
  • Age: 25+ Years
  • Lvt Date: 03/10/2022
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Flooring: Hardwood, Tile, W/W Carpet, W/W Over Hardwood
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch
  • Storm Screens: Combination, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Water View
  • Lot Dimensions: 70' x 100'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 11, 2022
Sold by
William Gray
Bought by
Richardson Beth
Seller's Agent
Chris Monihan
MONIHAN REALTY
Buyer's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$3,139,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,002
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Jul 8, 1989
Sold by
Gray William and Gray Mary
Bought by
Lundy Marvin
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
Richardson Beth $3,000,000 Griffith And Carlucci Pc
Lundy Marvin $25,000 --
Gray William -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $3,000,000 -14.3% --
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $3,500,000 -- --
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 $12,720 $1,133,700 $1,034,400 $99,300
2024 $12,720 $1,133,700 $1,034,400 $99,300
2023 $12,142 $1,133,700 $1,034,400 $99,300
2022 $11,416 $1,133,700 $1,034,400 $99,300
2021 $10,462 $1,133,700 $1,034,400 $99,300
2020 $10,838 $1,133,700 $1,034,400 $99,300
2019 $10,713 $1,133,700 $1,034,400 $99,300
2018 $10,611 $1,133,700 $1,034,400 $99,300
2017 $10,441 $1,133,700 $1,034,400 $99,300
2016 $10,033 $1,133,700 $1,034,400 $99,300
2015 $9,897 $1,133,700 $1,034,400 $99,300
2014 $9,749 $1,133,700 $1,034,400 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560496

South Jersey Shore Regional MLS

APN: 08-00070-28-00015