$3,100,000
SOLD JUN 30, 2025

401 48th St Ocean City, NJ 08226

4 Beds
4 Baths
990 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$3,131 Per Sq Ft

2 Days on Market

Highlights

  • Property is near a beach
  • Island Location
  • Corner Lot
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • 2-minute walk to 49th Street Dog Run

About This Home

As of June 2025

This unique custom built home has the perfect blend of form and function, with several spacious areas for gathering as family and private suites for quiet relaxation. The design takes full advantage of the sunny corner location with full length windows in the stair tower. This extremely well maintained and exquisitely furnished and decorated home is the fifth house from the beach in the desirable Southend Neal Track. The first floor has three bedrooms, two with ensuite baths and one with a jack & jill bath shared with the hall. Also there is a large den with a fireplace and access to a covered porch. The second floor has the living room, dining room, and the kitchen in a great room layout. And another porch off the living room with a peak at the ocean! The master bedroom is on that floor as well with an ensuite bath and walk-in closet. All accessible via the oak panelled elevator. Oh and the ground floor/basement has over 1000 sq.ft., not included in the 3168 square feet of the 1st & 2nd floors, in addition to the oversized two car garage! Truly a "Must See" property!

Last Agent to Sell the Property

Don Wristbridge

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson License #8646546 Listed on: 06/03/2025

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

Last Buyer's Agent

Gray Haenn

BERGER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,139

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 60 x 64
  • Corner Lot

Home Design

  • Upside Down Style Home
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Patio
  • Porch

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 4702.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,139

Year Built

Built in 2006

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island
  • District Township: 08-Ocean City
  • Also Includes: Drapes, Curtains, Furniture
  • Estimated Year Built: 2006
  • Beach Proximity: 1 Block
  • New Construction: No
  • Lot Size2: 60 x 64
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceilings, Elevator, Fireplace- Gas, Smoke/Fire Alarm, Walk in Closet
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Total Rooms: 13
  • Basement: Full, Finished, Outside Entrance, Inside Entrance, Heated
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Laundry/Utility Room, Great Room, Storage Attic

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Vinyl
  • Outside Features: Patio, Porch, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 7
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 1527500

Tax Info

  • Taxes: 17139
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Jun 27, 2025
Sold by
Palombi William and Palombi Susan
Bought by
Weisbrot Connie Susan
Seller's Agent
Don Wristbridge
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
Buyer's Agent
Gray Haenn
BERGER REALTY
List Price
$3,100,000
Sold Price
$3,100,000
Views
11
Current Estimated Value
$3,136,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,604
Avg. Annual Appreciation
1.60%

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 16, 2019
Sold by
Diplomat Property Manager
Bought by
Palombi William and Palombi Susan
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Don Wristbridge
BHHS FOX and ROACH-Simpson OC
List Price
$1,509,900
Sold Price
$1,345,000
Premium/Discount to List
-$164,900
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%

Purchase Details

Closed on
Mar 27, 2018
Sold by
Nolan Robert A
Bought by
Diplomat Property Manager

Purchase Details

Closed on
Oct 14, 2004
Sold by
Richardson Keith
Bought by
Pisko Robert B and Pisko Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $3,100,000 None Listed On Document
Deed $3,100,000 None Listed On Document
Deed $1,345,000 None Available
Quit Claim Deed -- --
Bargain Sale Deed $1,050,000 --
Bargain Sale Deed $1,050,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $3,100,000 0.0% $3,131 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $3,100,000 +130.5% $3,131 / Sq Ft
10/24/2019 10/24/19 Sold $1,345,000 0.0% $425 / Sq Ft View Prior Sale
10/24/2019 10/24/19 Sold $1,345,000 -10.9% $1,359 / Sq Ft View Prior Sale
10/07/2019 10/07/19 Pending -- -- --
10/07/2019 10/07/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $1,509,900 -5.6% $1,525 / Sq Ft
06/07/2019 06/07/19 For Sale $1,599,900 -- $505 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $17,139 $1,527,500 $635,200 $892,300
2024 $17,139 $1,527,500 $635,200 $892,300
2023 $16,360 $1,527,500 $635,200 $892,300
2022 $15,718 $1,527,500 $635,200 $892,300
2021 $15,351 $1,527,500 $635,200 $892,300
2020 $16,689 $1,706,400 $635,200 $1,071,200
2019 $16,501 $1,706,400 $635,200 $1,071,200
2018 $16,347 $1,706,400 $635,200 $1,071,200
2017 $16,091 $1,706,400 $635,200 $1,071,200
2016 $15,477 $1,706,400 $635,200 $1,071,200
2015 $15,272 $1,706,400 $635,200 $1,071,200
2014 $15,050 $1,706,400 $635,200 $1,071,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Don Wristbridge

    BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

    Section Image
  • Gray Haenn

    Buyer's Agent in 2025

    Gray Haenn

    BERGER REALTY

    (215) 421-7609

    127 in this area

    149 Total Sales

    Gray Haenn
    Section Image

  • E

    Seller's Agent in 2019

    Edward Augsberger

    Weichert Corporate

    (609) 338-1189

    109 Total Sales

    Edward Augsberger
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 251625

Cape May County Association of REALTORS®

APN: 08-04702-03-00007

New Jersey Cape May County Ocean City 08226

401 48th St, Ocean City, NJ

Sold

Detached

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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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