NOT LISTED FOR SALE

3942 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $2,331,000

4 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold May 01, 2023

Last sale price $1,595,000

Est. 46% increase in value since last sale

Current estimated payment $15,007/month

Highlights

  • New Construction
  • Cathedral Ceiling
  • Great Room
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of May 2023

This custom built duplex is being offered by Achristavest Fine Home Builders, Ocean City's premiere home builders. The home is being constructed with the finest finishes, custom cabinetry, wide plank hardwood floors, custom tiled spa-like bathrooms, upgraded trimwork throughout, a gourmet kitchen with Subzero and Wolf appliances and much more.

Last Agent to Sell the Property

Patrick Halliday

BHHS FOX and ROACH-West Ave OC Listed on: 08/24/2022

BHHS FOX and ROACH-West Ave OC

Co-Listed By

John A. McCann

C A McCann and Sons, Inc

Last Buyer's Agent

Thomas Melchionni

BERGER REALTY-Main License #SB-7857234

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,052

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,052

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 08/24/2022
  • New Construction: Yes
  • Year Built: 2023
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Great Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Jun 16, 2023
Sold by
3940-42 Central Avenue Llc
Bought by
3940-42 Central Avenue Condominium Associatio
Seller's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Thomas Melchionni
BERGER REALTY-Main
List Price
$1,895,000
Sold Price
$1,595,000
Premium/Discount to List
-$300,000
-15.83%
Views
125
Current Estimated Value
$2,331,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,000
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
3940-42 Central Avenue Condominium Associatio -- The Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $1,595,000 -15.8% --
08/24/2022 08/24/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,895,000 -- --
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
2022 $16,052 $1,560,000 $1,560,000 $0
2021 $14,241 $1,764,800 $1,560,000 $204,800
2020 $0 $1,764,800 $1,560,000 $204,800
2019 $0 $1,764,800 $1,560,000 $204,800
2018 $0 $1,764,800 $1,560,000 $204,800
2017 $0 $1,764,800 $1,560,000 $204,800
2016 $0 $1,764,800 $1,560,000 $204,800
2015 -- $1,764,800 $1,560,000 $204,800
2014 -- $1,764,800 $1,560,000 $204,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566416

South Jersey Shore Regional MLS

APN: 08-03902-0000-00016