NOT LISTED FOR SALE

2928 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,311,136 - $1,742,000

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

Last Sold April 03, 2017

Last sale price $825,000

Est. 89% increase in value since last sale

Current estimated payment $8,920/month

207 Days on Market

Highlights

  • Newly Remodeled
  • Property is near a beach
  • Ground Level Unit
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Fireplace

About This Home

As of April 2017

This home is located at 2928 Central Ave Unit 1, Ocean City, NJ 08226 since 03 June 2016 and is currently estimated at $1,562,034. This property was built in 2016. 2928 Central 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.

Last Agent to Sell the Property

Gray Haenn

BERGER REALTY Listed on: 06/03/2016

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,734

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 4,008

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 23-c1 / 2902

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,734

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • District Township: 08-Ocean City
  • Estimated Year Built: 2016
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 2928
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2016

Interior Features

  • Appliances Included: Self-Clean Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4

Garage/Parking

  • Parking: Garage, 2 Car

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 1
  • Common Area Features: Deck/Porch, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 23-c1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Oconnell Kevin J and Oconnell Marilyn A
Bought by
2928 Central Avenue Llc
Current Estimated Value
$1,562,034

Purchase Details

Listed on
Jun 3, 2016
Closed on
Mar 31, 2017
Sold by
Ocean City Development Group Llc
Bought by
Oconnell Kevin J and Oconnell Marilyn
Seller's Agent
Gray Haenn
BERGER REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$859,000
Sold Price
$825,000
Premium/Discount to List
-$34,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$175,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2016
Sold by
Sauder Eric L
Bought by
Ocean City Development Group Llc
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
2928 Central Avenue Llc -- None Listed On Document
2928 Central Avenue Llc -- None Listed On Document
Oconnell Kevin J $775,000 Shore Title
Ocean City Development Group Llc $875,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnell Kevin J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $825,000 -4.0% --
03/04/2017 03/04/17 Pending -- -- --
06/03/2016 06/03/16 For Sale $859,000 -- --
Source: Cape May County Association of REALTORS®

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 $8,734 $778,400 $362,000 $416,400
2024 $8,734 $778,400 $362,000 $416,400
2023 $8,337 $778,400 $362,000 $416,400
2022 $8,010 $778,400 $362,000 $416,400
2021 $5,807 $778,400 $362,000 $416,400
2020 $7,613 $778,400 $362,000 $416,400
2019 $7,527 $778,400 $362,000 $416,400
2018 $7,457 $778,400 $362,000 $416,400
Source: Public Records

Agents Affiliated with this Home

  • Gray Haenn

    Seller's Agent in 2017

    Gray Haenn

    BERGER REALTY

    (215) 421-7609

    142 in this area

    162 Total Sales

    Gray Haenn
    Section Image

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 170639

Cape May County Association of REALTORS®

APN: 08-02902-0000-00023-0000-C1

New Jersey Cape May County Ocean City 08226

2928 Central Ave Unit 1, Ocean City, NJ

This home is located at 2928 Central Ave Unit 1, Ocean City, NJ 08226 since 03 June 2016 and is currently estimated at $1,562,034. This property was built in 2016. 2928 Central 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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