NOT LISTED FOR SALE

26 Bay Ave Ocean City, NJ 08226

Estimated Value: $2,533,000 - $4,261,000

5 Beds
4.5 Baths
-- Sq Ft
4,574 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $2,580,000

Est. 33% increase in value since last sale

Current estimated payment $20,383/month

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Deck
  • Furnished

About This Home

As of April 2021

Beautiful Bay front Single Family Home.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 12/21/2020

Last Buyer's Agent

Robert Gullo

Fox Real Estate-Ocean Listed on: 12/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,082

Lot Details

  • Lot Dimensions are 40 x 100
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Boat Slip
  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,082

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 2 To 5 Years
  • Also Includes: Blinds, Furnished
  • Lvt Date: 12/21/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry, Master Br On 1st Floor

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Patio, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Water View
  • Lot Dimensions: 40 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Apr 1, 2021
Sold by
Hand K Prop Mgmt Llc
Bought by
Narducci Stephen D and Narducci Kathryn D
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$2,799,000
Sold Price
$2,580,000
Premium/Discount to List
-$219,000
-7.82%
Current Estimated Value
$3,429,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$849,902
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,800,000
Outstanding Balance
$1,619,910
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,809,992

Purchase Details

Listed on
Dec 21, 2020
Closed on
Mar 30, 2021
Sold by
H And K Property Management Llc
Bought by
Narducci Stephen D and Narducci Kathryn D
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$2,799,000
Sold Price
$2,580,000
Premium/Discount to List
-$219,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,619,910
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,809,992

Purchase Details

Closed on
Mar 7, 2018
Sold by
A Leigh Fenstermacher T and Fenstemacher Tr M A
Bought by
Ocean City Development

Purchase Details

Closed on
Jan 2, 1993
Sold by
Fenstermacher Margaret
Bought by
Fenstermacher,Amanda Leigh Trust

Purchase Details

Closed on
May 30, 1992
Sold by
Fenstermacher John and Fenstermacher Margaret
Bought by
Fenstermacher Margaret

Purchase Details

Closed on
Apr 22, 1991
Sold by
Fenstermacher Fenstermacher R and Fenstermacher Sandra L
Bought by
Fenstermacher John and Fenstermacher Margaret
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
Narducci Stephen D $2,580,000 Surety Title
Narducci Stephen D $2,580,000 Surety Title
Ocean City Development $820,000 --
Fenstermacher,Amanda Leigh Trust -- --
Fenstermacher, Amanda Leigh Trust -- --
Fenstermacher Margaret -- --
Fenstermacher John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narducci Stephen D $1,800,000
Closed Narducci Stephen D $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $2,580,000 -7.8% --
12/21/2020 12/21/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $2,799,000 +40.0% --
10/10/2019 10/10/19 Sold $1,999,000 0.0% --
09/18/2019 09/18/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $1,999,000 -- --
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 $22,082 $1,968,100 $1,027,500 $940,600
2024 $22,082 $1,968,100 $1,027,500 $940,600
2023 $21,078 $1,968,100 $1,027,500 $940,600
2022 $20,252 $1,968,100 $1,027,500 $940,600
2021 $14,682 $1,968,100 $1,027,500 $940,600
2020 $10,328 $1,056,000 $1,027,500 $28,500
2019 $10,212 $1,056,000 $1,027,500 $28,500
2018 $10,595 $1,106,000 $1,012,700 $93,300
2017 $10,430 $1,106,000 $1,012,700 $93,300
2016 $10,031 $1,106,000 $1,012,700 $93,300
2015 $9,899 $1,106,000 $1,012,700 $93,300
2014 $9,755 $1,106,000 $1,012,700 $93,300
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2021

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    179 in this area

    190 Total Sales

    Robert Gullo
    Section Image
  • Thomas Tyrrell

    Seller's Agent in 2019

    Thomas Tyrrell

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 425-9486

    10 in this area

    77 Total Sales

    Thomas Tyrrell
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 545609

South Jersey Shore Regional MLS

APN: 08-00015-0000-00005

New Jersey Cape May County Ocean City 08226

26 Bay Ave, Ocean City, NJ

This home is located at 26 Bay Ave, Ocean City, NJ 08226 since 21 December 2020 and is currently estimated at $3,429,902. 26 Bay Ave 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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