NOT LISTED FOR SALE

3224 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $866,000 - $1,204,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold May 21, 2024

Last sale price $952,000

Est. 6% increase in value since last sale

Current estimated payment $5,816/month

10 Days on Market

Highlights

  • Furnished
  • Ground Level Unit
  • Kitchen Island
  • Ocean City Primary School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Sand Castle Park

About This Home

As of May 2024

This immaculate shore home is ready and waiting for you and your family to enjoy the island and all it has to offer. This home is located just the 5th house back from a pristine white sandy beach and just 1 block from mini-golf, playground, Wawa, park and recreational facilities. Features include: Attractive furniture package, premium vinyl plank flooring throughout, stainless appliances, economic gas heat and central a/c, bright-white cabinetry, front & rear decks, large garage and outdoor shower and more. This home is an excellent rental income producer currently or use for yourself. Either way an outstanding value in a market short on availability.

Last Agent to Sell the Property

Kevin Decosta

BHHS FOX and ROACH-109 34th OC Listed on: 03/20/2024

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kevin Decosta

BHHS FOX and ROACH-109 34th OC Listed on: 03/20/2024

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,694

Lot Details

  • 3,006

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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

$5,694

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 03/20/2024
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

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

  • Condo Name: Asbury Ave
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 21, 2024
Sold by
Reardon Mark and Reardon Tiffany L
Bought by
Jaraiedi Jonathan Jamsheed and Jaraiedi Kimberly Lynn
Seller's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
List Price
$969,900
Sold Price
$952,000
Premium/Discount to List
-$17,900
-1.85%
Views
73
Current Estimated Value
$1,007,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,388
Avg. Annual Appreciation
4.15%
Original Mortgage
$527,000
Outstanding Balance
$520,009
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$487,379

Purchase Details

Listed on
Oct 26, 2019
Closed on
Aug 28, 2020
Sold by
Devers Brian M
Bought by
Reardon Mark and Reardon Tiffany L
Seller's Agent
John Greier
BERGER REALTY-Main
Buyer's Agent
Kevin Decosta
BHHS FOX and ROACH-109 34th OC
List Price
$639,900
Sold Price
$614,000
Premium/Discount to List
-$25,900
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Groller John C and Groller Joanne M
Bought by
Devers Brian M and Devers Krista N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Groller John C and Groller Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,920
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
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
Jaraiedi Jonathan Jamsheed $952,000 Freedom Title
Jaraiedi Jonathan Jamsheed $952,000 Freedom Title
Reardon Mark $614,000 None Available
Devers Brian M $520,000 Fidelity Natl Title Ins Co
Groller John C $749,900 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaraiedi Jonathan Jamsheed $527,000
Closed Jaraiedi Jonathan Jamsheed $527,000
Previous Owner Devers Brian M $416,000
Previous Owner Groller John C $599,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $952,000 -1.8% --
03/30/2024 03/30/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $969,900 +58.0% --
08/28/2020 08/28/20 Sold $614,000 -1.7% -- View Prior Sale
07/23/2020 07/23/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $624,900 0.0% --
07/09/2020 07/09/20 Price Changed $625,000 -1.4% --
06/17/2020 06/17/20 Price Changed $634,000 -0.1% --
01/11/2020 01/11/20 Price Changed $634,900 -0.8% --
01/02/2020 01/02/20 For Sale $639,900 +4.2% --
01/01/2020 01/01/20 Off Market $614,000 -- --
10/26/2019 10/26/19 For Sale $639,900 -- --
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 $5,694 $507,500 $255,100 $252,400
2024 $5,694 $507,500 $255,100 $252,400
2023 $5,435 $507,500 $255,100 $252,400
2022 $5,222 $507,500 $255,100 $252,400
2021 $3,786 $507,500 $255,100 $252,400
2020 $4,963 $507,500 $255,100 $252,400
2019 $4,908 $507,500 $255,100 $252,400
2018 $4,862 $507,500 $255,100 $252,400
2017 $4,786 $507,500 $255,100 $252,400
2016 $4,603 $507,500 $255,100 $252,400
2015 $4,542 $507,500 $255,100 $252,400
2014 $4,476 $507,500 $255,100 $252,400
Source: Public Records

Agents Affiliated with this Home

  • Kevin Decosta

    Seller's Agent in 2024

    Kevin Decosta

    BHHS Fox & Roach

    (609) 602-2627

    75 in this area

    89 Total Sales

    Kevin Decosta
    Section Image
  • John Greier

    Seller's Agent in 2020

    John Greier

    BERGER REALTY-Main

    (609) 231-7598

    34 in this area

    42 Total Sales

    John Greier
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583348

South Jersey Shore Regional MLS

APN: 08-03203-0000-00021-0000-C1

New Jersey Cape May County Ocean City 08226

3224 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 3224 Asbury Ave Unit 1, Ocean City, NJ 08226 since 20 March 2024 and is currently estimated at $1,007,388. 3224 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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