NOT LISTED FOR SALE

431 Central Ave Ocean City, NJ 08226

Estimated Value: $1,074,000 - $1,158,000

5 Beds
2 Baths
2,660 Sq Ft
$419/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $785,000 $295 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,356/month

28 Days on Market

Highlights

  • No HOA
  • Hot Water Baseboard Heater
  • 2-minute walk to Veterans Memorial Park
  • Ocean City Primary School Rated A

About This Home

As of October 2024

This home is located at 431 Central Ave, Ocean City, NJ 08226 since 09 July 2024 and is currently estimated at $1,114,945, approximately $419 per square foot. This property was built in 1912. 431 Central 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.

Last Agent to Sell the Property

Zach French

Compass New Jersey, LLC - Ocean City License #1429919 Listed on: 07/09/2024

Compass New Jersey, LLC - Ocean City

Last Buyer's Agent

Brian Griffin

Keller Williams Main Line License #RS332757

Keller Williams Main Line

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 20.00 x 100.00

Home Design

  • Side-by-Side

Interior Spaces

  • 2,660 Sq Ft Home
  • Property has 4 Levels
  • Walk-Out Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Cith Northend Subdivision

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 08-00406-00004

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,609

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 2660
  • Living Area Sq Ft: 2660
  • Price Per Sq Ft: 300.38
  • Above Grade Finished Sq Ft: 2660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • School District Key: 300200397020
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 20.00 x 100.00
  • Year Assessed: 2022
  • Zoning: R2-40

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3609.00
  • Assessor Parcel Number: 08-00406-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 2660
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/01/2024

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 25, 2024
Sold by
White Nancy Ann and White Mary Jane
Bought by
Griffin Brian and Griffin Danielle
Seller's Agent
Zach French
Compass New Jersey, LLC - Ocean City
Buyer's Agent
Brian Griffin
Keller Williams Main Line
List Price
$879,000
Sold Price
$785,000
Premium/Discount to List
-$94,000
-10.69%
Views
106
Current Estimated Value
$1,114,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,945
Avg. Annual Appreciation
45.25%
Original Mortgage
$628,000
Outstanding Balance
$622,033
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$492,912

Purchase Details

Closed on
Aug 3, 2006
Sold by
White Douglas A
Bought by
White Douglas A

Purchase Details

Closed on
Jul 13, 1993
Sold by
White Douglas A
Bought by
White Douglas A and White Tracy A
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
Griffin Brian $785,000 Worldwide Land Transfer
Griffin Brian $785,000 Worldwide Land Transfer
White Douglas A -- None Available
White Douglas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Brian $300,000
Open Griffin Brian $628,000
Closed Griffin Brian $628,000
Previous Owner White Douglas A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $785,000 -1.8% $295 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $799,000 -9.1% $300 / Sq Ft
07/09/2024 07/09/24 For Sale $879,000 0.0% $330 / Sq Ft
04/25/2017 04/25/17 Rented -- -- --
04/25/2017 04/25/17 For Rent -- -- --
Source: Bright 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 $3,936 $353,900 $172,800 $181,100
2024 $3,936 $350,800 $172,800 $178,000
2023 $3,757 $350,800 $172,800 $178,000
2022 $3,610 $350,800 $172,800 $178,000
2021 $2,617 $350,800 $172,800 $178,000
2020 $3,431 $350,800 $172,800 $178,000
2019 $3,392 $350,800 $172,800 $178,000
2018 $3,361 $350,800 $172,800 $178,000
2017 $3,308 $350,800 $172,800 $178,000
2016 $3,182 $350,800 $172,800 $178,000
2015 $3,140 $350,800 $172,800 $178,000
2014 $3,094 $350,800 $172,800 $178,000
Source: Public Records

Agents Affiliated with this Home

  • Zach French

    Seller's Agent in 2024

    Zach French

    Compass New Jersey, LLC - Ocean City

    (609) 425-8247

    11 in this area

    27 Total Sales

    Zach French
    Section Image
  • Brian Griffin

    Buyer's Agent in 2024

    Brian Griffin

    Keller Williams Main Line

    (484) 557-0835

    2 in this area

    152 Total Sales

    Brian Griffin
    Section Image
  • Erica Deuschle

    Buyer Co-Listing Agent in 2024

    Erica Deuschle

    Keller Williams Main Line

    (610) 608-2570

    1 in this area

    1,438 Total Sales

    Erica Deuschle
    Section Image
  • Dean Chorin

    Seller's Agent in 2017

    Dean Chorin

    BHHS Fox & Roach

    (609) 602-0313

    151 in this area

    184 Total Sales

    Dean Chorin
    Section Image
  • Mark Grimes

    Buyer's Agent in 2017

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    137 in this area

    172 Total Sales

    Mark Grimes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCM2003732

Bright MLS

APN: 08-00406-0000-00004

New Jersey Cape May County Ocean City 08226

431 Central Ave, Ocean City, NJ

This home is located at 431 Central Ave, Ocean City, NJ 08226 since 09 July 2024 and is currently estimated at $1,114,945, approximately $419 per square foot. This property was built in 1912. 431 Central 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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