NOT LISTED FOR SALE

3534 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,060,000 - $1,627,000

4 Beds
2 Baths
-- Sq Ft
3,790 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $1,250,000

Est. 8% increase in value since last sale

Current estimated payment $7,826/month

11 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Eat-In Kitchen
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 1-minute walk to 34th Street Park

About This Home

As of September 2023

This stunning beach block home features four spacious bedrooms and two bathrooms, offering ample space for you and your family or guests. The property is ideally situated just a short walk from the beach, allowing you to easily enjoy the sun, sand, and ocean breeze. Inside the home, you'll find a well-designed floor plan that maximizes both comfort and functionality. The bedrooms are generously sized, providing plenty of room for relaxation and privacy. The two bathrooms offer convenience and comfort, with modern fixtures and finishes. The main living area is an open layout, creating a bright and inviting space for gathering and entertaining. The kitchen is well-appointed, featuring modern appliances, ample storage and a convenient layout for meal preparation. desirable amenities such as private decks, outdoor space, perfect for hosting barbecues or enjoying outdoor activities. In addition to the beach proximity, property offers convenient access to nearby recreational courts, such as tennis courts or pickleball courts, providing opportunities for outdoor sports and activities. Furnished with personal exceptions.

Last Agent to Sell the Property

Christopher Oliva

Compass New Jersey-Ocean City (O463E) Listed on: 06/09/2023

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Kevin Redmond

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,301

Year Built

  • Built in 2006

Lot Details

  • 3,790

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,301

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 06/09/2023
  • Year Built: 2006
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: One
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2007
Sold by
Chase Andrew B and Stone Bernard J
Bought by
Mchenry Steven T and Mchenry Cynthia A
Current Estimated Value
$1,355,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$373,064
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$982,930
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
Mchenry Steven T $770,000 Freedom Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchenry Steven T $616,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $1,250,000 -10.7% --
06/20/2023 06/20/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $1,399,000 -- --
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 $7,301 $650,700 $306,100 $344,600
2024 $7,301 $650,700 $306,100 $344,600
2023 $6,601 $616,300 $306,100 $310,200
2022 $6,342 $616,300 $306,100 $310,200
2021 $4,598 $616,300 $306,100 $310,200
2020 $6,027 $616,300 $306,100 $310,200
2019 $5,960 $616,300 $306,100 $310,200
2018 $5,904 $616,300 $306,100 $310,200
2017 $5,812 $616,300 $306,100 $310,200
2016 $5,590 $616,300 $306,100 $310,200
2015 $5,516 $616,300 $306,100 $310,200
2014 $5,436 $616,300 $306,100 $310,200
Source: Public Records

Agents Affiliated with this Home

  • Christopher Oliva

    Seller's Agent in 2023

    Christopher Oliva

    Compass New Jersey-Ocean City (O463E)

    (609) 602-0508

    43 in this area

    82 Total Sales

    Christopher Oliva
    Section Image
  • Kevin Redmond

    Buyer's Agent in 2023

    Kevin Redmond

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 513-6220

    70 in this area

    102 Total Sales

    Kevin Redmond
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574807

South Jersey Shore Regional MLS

APN: 08-03503-0000-00021-0000-C1

New Jersey Cape May County Ocean City 08226

3534 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 3534 Asbury Ave Unit 1, Ocean City, NJ 08226 since 09 June 2023 and is currently estimated at $1,355,994. This property was built in 2006. 3534 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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