NOT LISTED FOR SALE

4320 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,558,292 - $1,805,000

4 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $1,125,000

Est. 49% increase in value since last sale

Current estimated payment $9,615/month

Highlights

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

About This Home

As of August 2021

Meticulously maintained first floor condo only 1 house to the beach! Features 4 large bedrooms (2 en suites), 3 full bathrooms, private garage with storage closet, outdoor shower, parking for two cars, and a fantastic rental history. Cedar impression siding and trex decks with vinyl railings. HVAC equipment was all replaced in 2021. Tremendous rental history and being sold fully furnished and equipped. 2nd Floor is also available for sale at $1,250,000.

Last Agent to Sell the Property

Gray Haenn

BERGER REALTY-Main Listed on: 05/21/2021

Co-Listed By

John Lazzara

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Last Buyer's Agent

Harry Vanderslice

Compass New Jersey-Ocean City (O463H)

Compass New Jersey-Ocean City (O463H)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 2004

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,657

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 05/22/2021
  • Year Built: 2004
  • 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Becker Albert J and Becker Rosemarie
Bought by
Raymond Mary Jane
Current Estimated Value
$1,677,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$967,155
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$710,418

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 13, 2021
Sold by
Marie C Dolan Living Revocable Trust
Bought by
Becker Albert J and Becker Rosemarie
Seller's Agent
Gray Haenn
BERGER REALTY-Main
Buyer's Agent
Harry Vanderslice
Compass New Jersey-Ocean City (O463H)
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$475,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2011
Sold by
Caltabiano Ronald P and Caltabiano Sue M
Bought by
Dolan Marie C

Purchase Details

Closed on
Jun 11, 2004
Sold by
Lasalle Real Estate Partners Llc
Bought by
Caltabiano Ronald P and Caltabiano Sue M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
6.28%
Mortgage Type
New Conventional
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
Raymond Mary Jane $1,685,000 Freedom Title
Raymond Mary Jane $1,685,000 Freedom Title
Becker Albert J $1,125,000 Dougherty Joseph R
Dolan Marie C $693,500 Fidelity Natl Title Ins Co
Caltabiano Ronald P $827,485 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond Mary Jane $980,000
Closed Raymond Mary Jane $980,000
Previous Owner Becker Albert J $475,000
Previous Owner Caltabiano Ronald P $607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $1,125,000 -2.2% --
06/01/2021 06/01/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,150,000 -- --
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 $8,657 $771,600 $410,000 $361,600
2024 $8,657 $771,600 $410,000 $361,600
2023 $8,264 $771,600 $410,000 $361,600
2022 $7,940 $771,600 $410,000 $361,600
2021 $5,561 $745,500 $410,000 $335,500
2020 $7,291 $745,500 $410,000 $335,500
2019 $7,209 $745,500 $410,000 $335,500
2018 $7,142 $745,500 $410,000 $335,500
2017 $7,030 $745,500 $410,000 $335,500
2016 $6,762 $745,500 $410,000 $335,500
2015 $6,672 $745,500 $410,000 $335,500
2014 $6,575 $745,500 $410,000 $335,500
Source: Public Records

Agents Affiliated with this Home

  • Gray Haenn

    Seller's Agent in 2021

    Gray Haenn

    BERGER REALTY-Main

    (215) 421-7609

    140 in this area

    158 Total Sales

    Gray Haenn
    Section Image
  • John Lazzara

    Seller Co-Listing Agent in 2021

    John Lazzara

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 442-7387

    5 in this area

    12 Total Sales

    John Lazzara
    Section Image
  • Harry Vanderslice

    Buyer's Agent in 2021

    Harry Vanderslice

    Compass New Jersey-Ocean City (O463H)

    (609) 675-1575

    76 in this area

    102 Total Sales

    Harry Vanderslice
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 550967

South Jersey Shore Regional MLS

APN: 08-04302-0000-00017-0000-C1

New Jersey Cape May County Ocean City 08226

4320 Central Ave Unit 1, Ocean City, NJ

This home is located at 4320 Central Ave Unit 1, Ocean City, NJ 08226 since 21 May 2021 and is currently estimated at $1,677,573. This property was built in 2004. 4320 Central 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.

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