NOT LISTED FOR SALE

260 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $994,000 - $1,195,000

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

Last Sold January 31, 2024

Last sale price $999,999

Est. 6% increase in value since last sale

Current estimated payment $6,026/month

43 Days on Market

Highlights

  • Ground Level Unit
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ocean City Primary School Rated A
  • Kitchen Island
  • Gas Log Fireplace

About This Home

As of January 2024

Beautifully redone 4 Bedroom 2.5 Bath First Floor Corner Unit Located On A Idyllic Block in the Northend of the Island. Interior Features: New Flooring Throughout, Beautifully Redone Kitchen W/ Quartz Counter Tops & Custom Tile Backsplash, New Appliance Package, Huge Kitchen Center Island, Built-In Gas Fireplace W/ Tile Surround, New HVAC System including Gas Heat & Central Air, Large Master Bath With Double Sinks and Tile Floor. New Powder Room Vanity, and New Light Fixtures Throughout. Exterior Features: Maintenance Free Vinyl Siding & Fiberglass Decks, Enclosed Outside Shower, Sprinkler System, 1.5 Car Attached Garage. Large Covered Front Porch to Lounge On & an Additional Covered Back Balcony. Located a quick Walk to the Beach/ Boardwalk, Downtown Shopping, Parks/ Playgrounds, Restaurants, Schools, and Much More.

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC Listed on: 10/13/2023

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,333

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Asbury Ave Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,333

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 10/15/2023
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Condo Name: Asbury Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jan 27, 2022
Sold by
West Wave Llc
Bought by
Biederman John P and Biederman Brittney P
Seller's Agent
Michael Bushong Jr
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
List Price
$799,900
Sold Price
$815,000
Premium/Discount to List
$15,100
1.89%
Current Estimated Value
$1,057,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,096
Avg. Annual Appreciation
7.43%
Original Mortgage
$500,000
Interest Rate
3.22%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 26, 2019
Sold by
Burnley Rhiannov
Bought by
West Wave Llc

Purchase Details

Closed on
Sep 11, 2014
Sold by
West Wave Llc
Bought by
Burnley Rhiannon

Purchase Details

Closed on
Jul 19, 2014
Sold by
Brophy Joseph G and Brophy Deborah L
Bought by
West Wave Llc

Purchase Details

Closed on
Mar 5, 2005
Sold by
Gorman Alan R and Abarno John P
Bought by
Brophy Joseph G and Brophy Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Golday Trudy
Bought by
Oteri Stephen and Oteri Mary C
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
Biederman John P $815,000 Title Company Of Jersey
Biederman John P $815,000 Title Company Of Jersey
West Wave Llc $700,000 --
Burnley Rhiannon -- Surety Title Company
West Wave Llc $447,000 --
Brophy Joseph G $560,000 Congress Title
Oteri Stephen $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoyer Frederick J $350,000
Closed Biederman John P $500,000
Previous Owner Brophy Joseph G $74,000
Previous Owner Brophy Joseph G $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $999,999 -9.0% --
10/13/2023 10/13/23 For Sale $1,099,000 +34.8% --
01/31/2022 01/31/22 Sold $815,000 +1.9% --
11/19/2021 11/19/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $799,900 0.0% --
10/23/2021 10/23/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $799,900 -3.0% --
09/18/2021 09/18/21 Price Changed $824,900 -2.9% --
09/01/2021 09/01/21 For Sale $849,900 -- --
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 $5,333 $475,300 $155,200 $320,100
2024 $5,333 $475,300 $155,200 $320,100
2023 $5,090 $475,300 $155,200 $320,100
2022 $4,663 $453,200 $155,200 $298,000
2021 $3,381 $453,200 $155,200 $298,000
2020 $4,432 $453,200 $155,200 $298,000
2019 $4,382 $453,200 $155,200 $298,000
2018 $4,342 $453,200 $155,200 $298,000
2017 $4,274 $453,200 $155,200 $298,000
2016 $4,111 $453,200 $155,200 $298,000
2015 $4,056 $453,200 $155,200 $298,000
2014 $3,997 $453,200 $155,200 $298,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Frost

    Seller's Agent in 2024

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    144 in this area

    176 Total Sales

    Jason Frost
    Section Image
  • Adam D'Annunzio

    Buyer's Agent in 2024

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    57 in this area

    137 Total Sales

    Adam D'Annunzio
    Section Image
  • Michael Bushong Jr

    Seller's Agent in 2022

    Michael Bushong Jr

    Compass New Jersey-Ocean City (O463E)

    (609) 231-1353

    41 in this area

    73 Total Sales

    Michael Bushong Jr
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 578754

South Jersey Shore Regional MLS

APN: 08-00211-0000-00028-0000-C1

New Jersey Cape May County Ocean City 08226

260 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 260 Asbury Ave Unit 1, Ocean City, NJ 08226 since 13 October 2023 and is currently estimated at $1,057,096. 260 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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