NOT LISTED FOR SALE

4227 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,458,000 - $1,681,000

4 Beds
2.5 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold December 07, 2020

Last sale price $897,000

Est. 70% increase in value since last sale

Current estimated payment $8,790/month

Highlights

  • Deck
  • Furnished
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Outdoor Community Showers

About This Home

As of December 2020

Opportunity of a lifetime! This fabulous huge first floor home sits on a double 60x100 ft lot! Quiet and private this property offers a two car garage, private outside shower, custom build, and much more! This home is like new construction. Just steps to the 42nd Street beaches!

Last Agent to Sell the Property

Kevin Halliday

BERGER REALTY-A Listed on: 10/06/2020

Last Buyer's Agent

Gary Simmens

HomeSmart First Advantage Realty - Northfield

HomeSmart First Advantage Realty - Northfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,920

Lot Details

  • 6,011

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Additional Features

  • Asbury Ave Condos
  • Community Deck or Porch

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,920

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 10/06/2020
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room
  • Common Area Features: Cable Tv, Deck/Porch, Enclsd/Covered Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • Condo Name: Asbury Ave

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 4, 2020
Sold by
Demeter Edward J and Demeter Margaret E
Bought by
Pierce Nela G and Pierce Bonnie S
Seller's Agent
Kevin Halliday
BERGER REALTY-A
Buyer's Agent
Gary Simmens
HomeSmart First Advantage Realty - Northfield
List Price
$949,000
Sold Price
$897,000
Premium/Discount to List
-$52,000
-5.48%
Current Estimated Value
$1,527,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,294
Avg. Annual Appreciation
11.62%
Original Mortgage
$510,400
Outstanding Balance
$454,408
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,072,886

Purchase Details

Closed on
Mar 16, 1998
Sold by
Chase Andrew
Bought by
Dibiase Vincent and Dibiase Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 16, 1997
Sold by
Demeter Edward J
Bought by
Chase Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pierce Nela G $897,000 None Available
Dibiase Vincent $282,000 --
Demeter Edward J $200,000 --
Chase Andrew $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Nela G $510,400
Previous Owner Demeter Edward J $87,000
Previous Owner Chase Andrew $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $897,000 -5.5% --
11/05/2020 11/05/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $949,000 -- --
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 $7,920 $705,900 $453,600 $252,300
2024 $7,920 $705,900 $453,600 $252,300
2023 $7,560 $705,900 $453,600 $252,300
2022 $7,264 $705,900 $453,600 $252,300
2021 $6,904 $705,900 $453,600 $252,300
2020 $6,904 $705,900 $453,600 $252,300
2019 $6,826 $705,900 $453,600 $252,300
2018 $6,763 $705,900 $453,600 $252,300
2017 $6,657 $705,900 $453,600 $252,300
2016 $6,403 $705,900 $453,600 $252,300
2015 $6,318 $705,900 $453,600 $252,300
2014 $6,226 $705,900 $453,600 $252,300
Source: Public Records

Agents Affiliated with this Home

  • Kevin Halliday

    Seller's Agent in 2020

    Kevin Halliday

    BERGER REALTY-A

    (609) 425-7423

    58 in this area

    62 Total Sales

    Kevin Halliday
    Section Image
  • Gary Simmens

    Buyer's Agent in 2020

    Gary Simmens

    HomeSmart First Advantage Realty - Northfield

    (609) 338-1339

    2 in this area

    57 Total Sales

    Gary Simmens
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 543152

South Jersey Shore Regional MLS

APN: 08-04202-0000-00007-0000-C1

New Jersey Cape May County Ocean City 08226

4227 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 4227 Asbury Ave Unit 1, Ocean City, NJ 08226 since 06 October 2020 and is currently estimated at $1,527,294. 4227 Asbury Ave Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes