NOT LISTED FOR SALE

415 1st St Ocean City, NJ 08226

Estimated Value: $775,000 - $983,000

3 Beds
1 Bath
1,584 Sq Ft
1,481 Sq Ft Lot

Last Sold January 11, 2022

Last sale price $635,000 $401 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,014/month

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Baseboard Heating
  • Ocean City Primary School Rated A
  • Tile Flooring

About This Home

As of October 2023

Rare Opportunity to rent this renovated first floor, 3 bedroom unit! Located in the quiet northend of Ocean City, this unit is close to everything you need in OC! Offered Unfurnished

Last Agent to Rent the Property

Christen Andrews

Compass New Jersey-Ocean City (O463E) Listed on: 09/05/2023

Compass New Jersey-Ocean City (O463E)

Last Renter's Agent

Gray Haenn

BERGER REALTY-Main

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,942

Year Built

  • 1938

Lot Details

  • 1,481

Home Design

  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Storm Screens
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,942

Year Built

1938

Lot Details

0

Rental Info

  • Pets Allowed: Will Consider
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 2350

Listing Details

  • Class: Rental Non-Commercial
  • Type: Condominium (Rental)
  • Lvt Date: 09/06/2023
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1938

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Laminate Flooring, Tile
  • Interior Amenities: Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Other Rooms: Eat In Kitchen, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jan 10, 2022
Sold by
Garcia Joseph H
Bought by
Malamut James
Seller's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Christen Andrews
Compass New Jersey-Ocean City (O463E)
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$880,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,261
Avg. Annual Appreciation
9.13%
Original Mortgage
$476,250
Outstanding Balance
$439,552
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$440,709

Purchase Details

Closed on
Feb 1, 1999
Sold by
Sydow Constance
Bought by
Garcia Joe and Garcia Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.75%
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
Malamut James $635,000 Surety Title
Garcia Joe $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malamut James $476,250
Previous Owner Garcia Joe $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2023 10/01/23 Rented -- -- --
09/13/2023 09/13/23 Price Changed $2,000 -14.9% $1 / Sq Ft
09/05/2023 09/05/23 For Rent $2,350 +6.8% --
05/15/2023 05/15/23 Rented -- -- --
04/21/2023 04/21/23 For Rent $2,200 +22.2% --
04/18/2022 04/18/22 Rented -- -- --
04/05/2022 04/05/22 For Rent $1,800 0.0% --
01/11/2022 01/11/22 Sold $635,000 -2.2% $401 / Sq Ft View Prior Sale
12/30/2021 12/30/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $649,000 -- $410 / Sq Ft
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 $3,942 $351,300 $244,900 $106,400
2024 $3,942 $351,300 $244,900 $106,400
2023 $3,762 $351,300 $244,900 $106,400
2022 $3,104 $301,700 $244,900 $56,800
2021 $3,032 $301,700 $244,900 $56,800
2020 $2,951 $301,700 $244,900 $56,800
2019 $2,917 $301,700 $244,900 $56,800
2018 $2,890 $301,700 $244,900 $56,800
2017 $2,845 $301,700 $244,900 $56,800
2016 $2,736 $301,700 $244,900 $56,800
2015 $2,700 $301,700 $244,900 $56,800
2014 $2,661 $301,700 $244,900 $56,800
Source: Public Records

Agents Affiliated with this Home

  • Christen Andrews

    Landlord's Agent in 2023

    Christen Andrews

    Compass New Jersey-Ocean City (O463E)

    (609) 992-9801

    18 in this area

    50 Total Sales

    Christen Andrews
    Section Image
  • Gray Haenn

    Tenant's Agent in 2023

    Gray Haenn

    BERGER REALTY-Main

    (215) 421-7609

    142 in this area

    160 Total Sales

    Gray Haenn
    Section Image
  • Francis Davish

    Seller's Agent in 2022

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    80 in this area

    126 Total Sales

    Francis Davish
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577509

South Jersey Shore Regional MLS

APN: 08-00010-0000-00027

New Jersey Cape May County Ocean City 08226

415 1st St, Ocean City, NJ

This home is located at 415 1st St, Ocean City, NJ 08226 since 05 September 2023 and is currently priced at $880,261. This property was built in 1938. 415 1st St 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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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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