NOT LISTED FOR SALE

42 West Ave Ocean City, NJ 08226

Estimated Value: $1,034,000 - $1,476,000

4 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $775,000

Est. 54% increase in value since last sale

Current estimated payment $6,694/month

Highlights

  • Wood Flooring
  • Porch
  • Hot Water Heating System
  • Ocean City Primary School Rated A

About This Home

As of September 2021

Classic Shore Duplex/Single Family house featuring 3-4 bedroom 1 Bath upper floors and a 1st level 1 Bedroom 1 Bath unit. Wonderful porches to enjoy coffee in the morning or hang out in the afternoon after a day at the beach. Plenty of space for your guests. Located only steps to North St playground. Home highlights include : hardwood flooring, updated kitchen and bath, gas heat, great rear yard and detached shed.

Last Agent to Sell the Property

Jason Frost

BHHS FOX and ROACH-Simpson OC Listed on: 08/05/2021

BHHS FOX and ROACH-Simpson OC

Co-Listed By

Randall Kohr

Compass New Jersey-Ocean City (O463H) License #1972357

Last Buyer's Agent

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Lot Details

  • 3,006

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Pad
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 08/06/2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathrooms: 2

Exterior Features

  • Outside Features: Porch

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: Parking Pad

Utilities

  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 30/100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 17, 2021
Sold by
Kohr Daniel J and Kohr Andrea L
Bought by
Mcelwee Michael and Mcelwee Susanna
Seller's Agent
Jason Frost
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$1,191,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,021
Avg. Annual Appreciation
11.11%
Original Mortgage
$350,000
Outstanding Balance
$318,474
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$872,547

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 31, 2014
Sold by
Alessandrine Joseph J and Alessandrine Cheryl
Bought by
Kohr Daniel J and Kohr Andrea L
Seller's Agent
John Walton
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Susan Carr
BHHS FOX and ROACH-Northfield
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$244,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1998
Sold by
Wright Mark
Bought by
Adams Cheryl and Alessandrine Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.68%

Purchase Details

Closed on
Dec 15, 1988
Sold by
Cohen Joyce and Cohen Karen
Bought by
Wright Mark and Wright Judith
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
Mcelwee Michael $775,000 None Available
Kohr Daniel J $305,000 Old Republic National Title
Adams Cheryl $180,000 --
Wright Mark $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelwee Michael $350,000
Previous Owner Kohr Daniel J $244,000
Previous Owner Adams Cheryl $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $775,000 -3.0% --
08/20/2021 08/20/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $799,000 +162.0% --
01/31/2014 01/31/14 Sold $305,000 0.0% -- View Prior Sale
12/20/2013 12/20/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $305,000 -- --
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 $4,544 $682,700 $225,000 $457,700
2024 $4,544 $405,000 $225,000 $180,000
2023 $4,338 $405,000 $225,000 $180,000
2022 $4,167 $405,000 $225,000 $180,000
2021 $2,275 $305,000 $225,000 $80,000
2020 $2,983 $305,000 $225,000 $80,000
2019 $2,949 $305,000 $225,000 $80,000
2018 $2,922 $305,000 $225,000 $80,000
2017 $2,876 $305,000 $225,000 $80,000
2016 $2,766 $305,000 $225,000 $80,000
2015 $2,730 $305,000 $225,000 $80,000
2014 $3,234 $366,700 $285,000 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Jason Frost

    Seller's Agent in 2021

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    141 in this area

    171 Total Sales

    Jason Frost
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Randall Kohr

    Compass New Jersey-Ocean City (O463H)

    (609) 317-0784

    1 in this area

    3 Total Sales

    Randall Kohr
    Section Image
  • RONALD C GIFFORD JR.

    Buyer's Agent in 2021

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    104 in this area

    115 Total Sales

    RONALD C GIFFORD JR.
    Section Image
  • John Walton

    Seller's Agent in 2014

    John Walton

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 338-7667

    55 in this area

    74 Total Sales

    John Walton
    Section Image
  • Susan Carr

    Buyer's Agent in 2014

    Susan Carr

    BHHS Fox & Roach

    (609) 576-6504

    100 Total Sales

    Susan Carr
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554037

South Jersey Shore Regional MLS

APN: 08-00012-0000-00012

New Jersey Cape May County Ocean City 08226

42 West Ave, Ocean City, NJ

This home is located at 42 West Ave, Ocean City, NJ 08226 since 05 August 2021 and is currently estimated at $1,191,021. 42 West Ave 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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