NOT LISTED FOR SALE

40 Central Rd Ocean City, NJ 08226

Estimated Value: $1,346,000 - $1,863,000

4 Beds
2.5 Baths
-- Sq Ft
4,051 Sq Ft Lot

Last Sold June 29, 2023

Last sale price $1,150,000

Est. 32% increase in value since last sale

Current estimated payment $8,595/month

11 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Detached Garage
  • Ocean City Primary School Rated A
  • Furnished
  • Eat-In Kitchen

About This Home

As of June 2023

Beautifully updated two story home in the Gardens section of America's Greastest Family Resort. Open and spacious layout with plenty of sunlight. This home features hardwood floors throughout with first floor living and dining area as well as high ceilings. Gorgeous kitchen with SS appliances, tile floors, pantry, under cabinet lighting and granite counters. A separate utility area as well as a powder room complete this level. Second floor bedrooms are all large. The primary bedroom has walk in closets as well as its own bath with tile flooring and a tub/shower.Atic storage. Beautiful stained molding surrounds the doors and windows. Deck off of the second floor is perfect for privacy. Detached garage with ample storage and off- street parking for numerous vehicles. High and dry throughout Superstorm Sandy with low flood insurance under $500 a year. 4 bedroom 2 bath addition in 1992 with all new footings, foundation block, wiring and plumbing. Freezer in garage, regulation sized pool table, Yamaha acoustic piano and furnishings included.

Last Agent to Sell the Property

Kathy Pileggi

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 04/28/2023

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,929

Lot Details

  • Lot Dimensions are 37x110

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Furnished
  • Lvt Date: 04/28/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Deck, Shed, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 37X110
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 12, 2023
Sold by
Mcgowan James J
Bought by
Nigro Mark Stephen and Nigro Erin Olga
Seller's Agent
Kathy Pileggi
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
List Price
$11,500,000
Sold Price
$1,150,000
Premium/Discount to List
-$10,350,000
-90%
Views
39
Current Estimated Value
$1,512,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,381
Avg. Annual Appreciation
12.77%

Purchase Details

Closed on
Apr 18, 1985
Bought by
Mcgowan James J
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
Nigro Mark Stephen $1,150,000 Surety Title
Nigro Mark Stephen $1,150,000 Surety Title
Mcgowan James J $16,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $1,150,000 0.0% --
05/09/2023 05/09/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $1,150,000 -90.0% --
04/28/2023 04/28/23 For Sale $11,500,000 -- --
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 $6,929 $617,600 $372,300 $245,300
2024 $6,929 $617,600 $372,300 $245,300
2023 $5,726 $534,600 $372,300 $162,300
2022 $5,501 $534,600 $372,300 $162,300
2021 $3,988 $534,600 $372,300 $162,300
2020 $5,228 $534,600 $372,300 $162,300
2019 $5,170 $534,600 $372,300 $162,300
2018 $5,121 $534,600 $372,300 $162,300
2017 $5,041 $534,600 $372,300 $162,300
2016 $4,849 $534,600 $372,300 $162,300
2015 $4,785 $534,600 $372,300 $162,300
2014 $4,715 $534,600 $372,300 $162,300
Source: Public Records

Agents Affiliated with this Home

  • Kathy Pileggi

    Seller's Agent in 2023

    Kathy Pileggi

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 432-8131

    4 in this area

    60 Total Sales

    Kathy Pileggi
    Section Image
  • Adam D'Annunzio

    Buyer's Agent in 2023

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    57 in this area

    136 Total Sales

    Adam D'Annunzio
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573476

South Jersey Shore Regional MLS

APN: 08-00070-05-00023

New Jersey Cape May County Ocean City 08226

40 Central Rd, Ocean City, NJ

This home is located at 40 Central Rd, Ocean City, NJ 08226 since 28 April 2023 and is currently estimated at $1,512,381. 40 Central Rd 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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