NOT LISTED FOR SALE

437 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $692,000 - $876,000

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

Last Sold February 05, 2024

Last sale price $800,000

Est. 3% decrease in value since last sale

Current estimated payment $4,456/month

2 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Great Room
  • 3-minute walk to Veterans Memorial Park

About This Home

As of February 2024

Beautiful Ocean City North End 3 Bedroom 2 Full Bath Home! This Well Maintained 1st Floor Condo Features Hardwood Floors, Custom Plantation Shutters, Gas Fireplace, Granite Counters, Full Size Laundry, 1 Car Garage, Private Outside Shower, Front & Rear Decks, And So Much More. The Primary Bedroom Has Extra Storage With Custom Built-In Cabinetry Around The Deck Sliders. Also Included Are Custom Awnings And Side Panels For The Front Deck, They’re Currently Professionally Stored For The Winter. No Current Rentals, But This Could Be A Great Rental Property If You Choose.

Last Agent to Sell the Property

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City Listed on: 12/13/2023

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 2006

Lot Details

  • 3,006

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,810

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Partially Furnished, Rugs
  • Lvt Date: 12/13/2023
  • Year Built: 2006
  • 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: Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: 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), Hardwood Floors, Kitchen Center Island, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Feb 5, 2024
Sold by
Shoyer Frederick J and Shoyer Toni
Bought by
Pessolano James and Pessolano Allison
Seller's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Views
31
Current Estimated Value
$779,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,226
Avg. Annual Appreciation
-1.50%
Original Mortgage
$680,000
Outstanding Balance
$667,983
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$111,791

Purchase Details

Closed on
Oct 21, 2006
Sold by
Berkowil Llc
Bought by
Graham Roger W and Graham Lucille M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Pessolano James $800,000 Freedom Title
Pessolano James $800,000 Freedom Title
Graham Roger W $440,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pessolano James $680,000
Closed Pessolano James $680,000
Previous Owner Graham Roger W $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2024 02/05/24 Sold $800,000 +0.6% --
12/15/2023 12/15/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $795,000 +74.7% --
04/10/2019 04/10/19 Sold $455,000 -1.1% -- View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $459,900 -- --
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 $3,810 $339,600 $136,500 $203,100
2024 $3,810 $339,600 $136,500 $203,100
2023 $3,637 $339,600 $136,500 $203,100
2022 $3,494 $339,600 $136,500 $203,100
2021 $2,533 $339,600 $136,500 $203,100
2020 $3,321 $339,600 $136,500 $203,100
2019 $3,284 $339,600 $136,500 $203,100
2018 $3,253 $339,600 $136,500 $203,100
2017 $3,202 $339,600 $136,500 $203,100
2016 $3,080 $339,600 $136,500 $203,100
2015 $3,039 $339,600 $136,500 $203,100
2014 $2,995 $339,600 $136,500 $203,100
Source: Public Records

Agents Affiliated with this Home

  • Adam D'Annunzio

    Seller's Agent in 2024

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    57 in this area

    136 Total Sales

    Adam D'Annunzio
    Section Image
  • Patrick Halliday

    Buyer's Agent in 2024

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    216 in this area

    365 Total Sales

    Patrick Halliday
    Section Image
  • Ellwood Paisley

    Seller's Agent in 2019

    Ellwood Paisley

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 442-4366

    7 in this area

    14 Total Sales

    Ellwood Paisley
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 580491

South Jersey Shore Regional MLS

APN: 08-00407-0000-00007-0000-C1

New Jersey Cape May County Ocean City 08226

437 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 437 Asbury Ave Unit 1, Ocean City, NJ 08226 since 13 December 2023 and is currently estimated at $779,774. This property was built in 2006. 437 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.

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