NOT LISTED FOR SALE

3237 Simpson Ave Ocean City, NJ 08226

Estimated Value: $1,887,000 - $2,275,860

6 Beds
5 Baths
-- Sq Ft
5,750 Sq Ft Lot

Last Sold October 05, 2023

Last sale price $2,167,000

Est. 4% decrease in value since last sale

Current estimated payment $12,386/month

194 Days on Market

Highlights

  • Water Views
  • New Construction
  • 2 Car Attached Garage
  • Ocean City Primary School Rated A
  • Corner Lot
  • 4-minute walk to Sand Castle Park

About This Home

As of October 2023

Gorgeous New CUSTOM Single Family Home Coming Soon! This XL Single Family will have room for everyone. Located on an expansive CORNER Lot. This High-End Quality Build Will Feature: 6 Spacious Bedrooms, 5 Full Baths, Spacious Great Room, Gourmet Kitchen w/ Upgraded Cabinetry, Appliances, Upscale Designer Tile Backsplash, High-end Countertops, Beautiful Upgraded Flooring, Composite Decking, Magnificent Decks with Water Views, Plenty of Off-street Parking, Outside Shower, and More!

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC Listed on: 02/23/2023

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Mary Oteri

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,447

Lot Details

  • 5,750

Parking

  • 2 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Outdoor Shower
  • Corner Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,447

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 03/01/2023
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 50/115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Oct 3, 2023
Sold by
Jwr Properties Llc
Bought by
Nails Patrick K and Nails Joanne C
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Mary Oteri
BHHS FOX and ROACH-Simpson OC
List Price
$2,499,000
Sold Price
$2,167,000
Premium/Discount to List
-$332,000
-13.29%
Views
528
Current Estimated Value
$2,085,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,785
Avg. Annual Appreciation
-1.90%
Original Mortgage
$1,592,000
Outstanding Balance
$1,559,250
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$525,965

Purchase Details

Listed on
Feb 25, 2022
Closed on
Feb 22, 2022
Sold by
Bisaccia Salvatore L
Bought by
Jwr Properties Llc
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.50%

Purchase Details

Closed on
Oct 3, 1991
Sold by
Bisaccia Salvatore A and Lydia Et Als
Bought by
Bisaccia Salvatore L Et Ux Et Als
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
Nails Patrick K $2,167,000 Trident Land Transfer
Nails Patrick K $2,167,000 Trident Land Transfer
Jwr Properties Llc $830,000 Shore Title
Bisaccia Salvatore L Et Ux Et Als -- --
Bisaccia Salvatore L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nails Patrick K $1,592,000
Closed Nails Patrick K $1,592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Sold $2,167,000 -7.7% --
09/05/2023 09/05/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $2,349,000 -2.1% --
05/17/2023 05/17/23 Price Changed $2,399,000 -4.0% --
05/16/2023 05/16/23 Price Changed $2,499,000 +4.2% --
04/14/2023 04/14/23 Price Changed $2,399,000 -4.0% --
04/14/2023 04/14/23 Price Changed $2,499,000 0.0% --
03/18/2023 03/18/23 Price Changed $2,499,100 0.0% --
02/23/2023 02/23/23 For Sale $2,499,000 +201.1% --
02/25/2022 02/25/22 Sold $830,000 -2.2% -- View Prior Sale
02/25/2022 02/25/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $849,000 -- --
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 $15,447 $1,376,700 $378,400 $998,300
2024 $15,447 $1,376,700 $378,400 $998,300
2023 $4,053 $378,400 $378,400 $0
2022 $4,392 $426,800 $378,400 $48,400
2021 $4,289 $426,800 $378,400 $48,400
2020 $4,174 $426,800 $378,400 $48,400
2019 $4,127 $426,800 $378,400 $48,400
2018 $4,089 $426,800 $378,400 $48,400
2017 $4,025 $426,800 $378,400 $48,400
2016 $3,871 $426,800 $378,400 $48,400
2015 $3,837 $428,700 $400,700 $28,000
2014 $3,781 $428,700 $400,700 $28,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Frost

    Seller's Agent in 2023

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    140 in this area

    170 Total Sales

    Jason Frost
    Section Image
  • Mary Oteri

    Buyer's Agent in 2023

    Mary Oteri

    BHHS Fox & Roach

    (856) 366-9577

    33 in this area

    42 Total Sales

    Mary Oteri
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571606

South Jersey Shore Regional MLS

APN: 08-03205-0000-00001

New Jersey Cape May County Ocean City 08226

3237 Simpson Ave, Ocean City, NJ

This home is located at 3237 Simpson Ave, Ocean City, NJ 08226 since 23 February 2023 and is currently estimated at $2,085,215. 3237 Simpson Ave 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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