NOT LISTED FOR SALE

3020 Wesley Ave Unit 22 Ocean City, NJ 08226

Estimated Value: $2,702,000 - $6,532,000

7 Beds
8.5 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $5,499,000

Est. 6% decrease in value since last sale

Current estimated payment $31,183/month

Highlights

  • Ocean Front
  • New Construction
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Outdoor Shower

About This Home

As of June 2022

Spectacular CUSTOM BEACH FRONT HOME. This Single-Family Home is located on a corner in the Gold Coast. Discover the meaning of luxury living and craftsmanship at this Beachfront paradise on Ocean City’s elite Gold Coast. This Custom masterpiece boasts an unprecedented 7 BEDROOMS, 8 FULL BATHROOMS and one half bath, and elevator. This enchanting Single-Family residence, located directly on the beach offers Ocean FRONT Views and living reserved for those who will not settle for anything but the best. Developed with the highest quality/ low maintenance building materials and excellent attention to detail. Living area coffered ceilings, engineered hardwood floors & custom trim package. Stunning unobstructed views from kitchen, dining and living areas. Luxurious master bedroom with attached master bath and walk-in closet. Large Ocean Front deck, breathtaking views, private walkway to Beach. This new home has it all! Gourmet kitchen featuring granite counters, top of the line appliances, custom tile backsplash & more! Destined to be one of the very finest homes ever built in the history of Ocean City. ***READY FOR SUMMER DELIVERY

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC Listed on: 01/31/2022

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Robert Idell

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,940

Lot Details

  • Lot Dimensions are 53x120
  • Ocean Front
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • New Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 03/01/2022
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling, Elevator, Kitchen Center Island
  • Bedrooms: 7
  • Full Bathrooms: 8
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Outside Shower, Sprinkler System

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Ocean Front, Water View
  • Lot Dimensions: 53x120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Jun 8, 2022
Sold by
Sj Hauck Properties Limited Liability Co
Bought by
Love Daniel and Love Kristin
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$5,499,000
Sold Price
$5,499,000
Current Estimated Value
$5,186,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$312,581
Avg. Annual Appreciation
-1.74%

Purchase Details

Closed on
Jun 25, 2021
Sold by
Hartman Robert and Hartman Amy
Bought by
Sj Hauck Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,015,194
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2021
Sold by
Hartman Robert and Hartman Amy
Bought by
Hartman Robert and Hartman Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,015,194
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2017
Sold by
Martosella Peter A
Bought by
Hartman Robert and Hartman Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2005
Sold by
Martosella Peter A
Bought by
Martosella Peter A

Purchase Details

Closed on
Oct 14, 1994
Sold by
Marino Michael
Bought by
Martasella Peter and Martosella Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.49%
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
Love Daniel $5,499,000 Infinity Title
Sj Hauck Properties Llc $2,925,000 Misc Company
Sj Hauck Properties Llc $2,925,000 Title Company Of Jersey
Hartman Robert -- None Listed On Document
Hartman Robert $285,000,000 None Available
Martosella Peter A -- --
Martasella Peter $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sj Hauck Properties Llc $3,015,194
Previous Owner Hartman Robert $2,280,000
Previous Owner Martasella Peter $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $5,499,000 0.0% --
01/31/2022 01/31/22 For Sale $5,499,000 -- --
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 $42,940 $3,827,300 $1,862,300 $1,965,000
2024 $42,940 $3,827,100 $1,764,600 $2,062,500
2023 $40,988 $3,827,100 $1,764,600 $2,062,500
2022 $25,852 $2,512,300 $1,764,600 $747,700
2021 $25,127 $2,500,200 $1,764,600 $735,600
2020 $24,452 $2,500,200 $1,764,600 $735,600
2019 $24,177 $2,500,200 $1,764,600 $735,600
2018 $23,952 $2,500,200 $1,764,600 $735,600
2017 $20,602 $2,184,700 $1,764,600 $420,100
2016 $19,815 $2,184,700 $1,764,600 $420,100
2015 $19,553 $2,184,700 $1,764,600 $420,100
2014 $19,269 $2,184,700 $1,764,600 $420,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Frost

    Seller's Agent in 2022

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    140 in this area

    170 Total Sales

    Jason Frost
    Section Image
  • Robert Idell

    Buyer's Agent in 2022

    Robert Idell

    BHHS Fox & Roach

    (856) 207-1670

    63 in this area

    84 Total Sales

    Robert Idell
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560125

South Jersey Shore Regional MLS

APN: 08-03001-0000-00001-02

New Jersey Cape May County Ocean City 08226

3020 Wesley Ave Unit 22, Ocean City, NJ

This home is located at 3020 Wesley Ave Unit 22, Ocean City, NJ 08226 since 31 January 2022 and is currently estimated at $5,186,419. 3020 Wesley Ave Unit 22 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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