NOT LISTED FOR SALE

2702 Bay Ave Ocean City, NJ 08226

Estimated Value: $501,000 - $667,222

2 Beds
2.5 Baths
-- Sq Ft
5.47 Acres

Last Sold July 12, 2024

Last sale price $606,000

Est. 1% increase in value since last sale

Current estimated payment $3,468/month

4 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Community Pool
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of July 2024

Extremely rare and desirable Nantucket townhouse condo with 2 levels of living space. Unit Features: 2 Bedrooms, 2 1/2 Baths, Gas forced air heat, Central air, bright spacious living room with greenhouse style windows, dining area, kitchen and patio area. This unit includes plenty of storage and 2 assigned parking spots. This quiet community has all of the amenities you could ask for with a large pool, hot tub, fitness room, community bike rack and onsite management. This is perfect for year round or summer living. It is a must see!!

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 06/14/2024

Last Buyer's Agent

LARYN CRISCI

BHHS FOX and ROACH-Simpson OC License #1756525

BHHS FOX and ROACH-Simpson OC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1985

Lot Details

  • 5.47

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash, pool
  • Nantucket Condos

Amenities

  • Building Patio
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,955

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Year Built: 1985
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Patio, Pool

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash, Pool
  • Condo Name: Nantucket
  • Management: Association, On-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 10, 2024
Sold by
Callahan Judith A
Bought by
Rea Jessica L and Smith Jason
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
LARYN CRISCI
BHHS FOX and ROACH-Simpson OC
List Price
$575,000
Sold Price
$606,000
Premium/Discount to List
$31,000
5.39%
Views
31
Current Estimated Value
$612,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,556
Avg. Annual Appreciation
0.84%

Purchase Details

Closed on
Jun 21, 1991
Sold by
Befferman Ronald and Befferman Ruth
Bought by
Callahan Joseph A and Callahan Judith A
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
Rea Jessica L $606,000 Trident Land Transfer
Callahan Joseph A $121,000 --
Callahan Joseph A $121,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $606,000 +5.4% --
06/18/2024 06/18/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $575,000 -- --
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 $2,955 $263,400 $122,500 $140,900
2024 $2,955 $263,400 $122,500 $140,900
2023 $2,821 $263,400 $122,500 $140,900
2022 $2,710 $263,400 $122,500 $140,900
2021 $1,777 $263,400 $122,500 $140,900
2020 $2,326 $263,400 $122,500 $140,900
2019 $2,297 $263,400 $122,500 $140,900
2018 $2,273 $263,400 $122,500 $140,900
2017 $2,234 $263,400 $122,500 $140,900
2016 $2,139 $263,400 $122,500 $140,900
2015 $2,107 $263,400 $122,500 $140,900
2014 $2,073 $263,400 $122,500 $140,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586210

South Jersey Shore Regional MLS

APN: 08-02707-0000-00002-0000-C2