NOT LISTED FOR SALE

4433 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,899,000 - $4,047,000

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

Last Sold September 18, 2020

Last sale price $2,535,000

Est. 9% increase in value since last sale

Current estimated payment $16,817/month

32 Days on Market

Highlights

  • Ocean Front
  • New Construction
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of September 2020

Custom oceanfront 5BR, 5 Bath elevated Mid level condo built by Georgetti Construction in one of Ocean City's most desirable Southend locations. Panoramic ocean views!!! Enjoy quality at every turn in this extremely oversized beachfront gem (Approx 2100+ SF of main level space, compared to 1600 in a typical new unit). Professional interior design consultation in all aspects of planning and space layout. Full width oceanfront IPE wood balcony. Huge living room and dining areas with walls of windows for ocean views. The kitchen is AMAZING. Custom designed wood cabinetry and lighting, beautiful stone center island with seating for 5+, and Subzero / Wolf appliance package. Just exquisite!! Upgraded bathroom finishes, LED low profile lighting and other custom lighting features throughout, Hardie shingle and stone exterior finishes with mahogany ceilings ... nothing has been overlooked. Other notable features in this bright and spacious home include a private elevator, big comfortably sized bedrooms, giant master bath, versatile beach level bonus room w/ full bath, walk out access to your private beach level deck and bulkhead, private outdoor shower, 2 laundry areas (1 on living level, and 1 on grade/beach level), HUGE garage and space for additional off street parking, custom woodwork trims and wainscot, French oak hardwood floors, gas fireplace, security cameras installed and AV pre-wired, and so much more. Owner is a licensed NJ Realtor.

Last Agent to Sell the Property

Robert Scott Burt

RE/MAX AT THE SHORE License #8532244 Listed on: 06/25/2020

RE/MAX AT THE SHORE

Last Buyer's Agent

Joseph Orazi

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

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,306

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,008

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Deck
  • Ocean Front

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,306

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 06/25/2020
  • New Construction: Yes
  • Year Built: 2020
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Water View
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Primary Br On 1st Floor
  • Common Area Features: Bulkheaded, Cable Tv, Deck/Porch, Elevator, Enclsd/Covered Porch, Outside Shower

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Location: Bulkheaded, Ocean Front, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Elevator, Fireplace(s), Foyer, Handicap Features, Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2018
Sold by
Aspinell Michael and Spinell Cathleen G
Bought by
Burt Robert S
Current Estimated Value
$2,771,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Outstanding Balance
$517,431
Interest Rate
3.5%
Mortgage Type
Unknown
Estimated Equity
$2,253,908
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
Burt Robert S $8,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burt Robert S $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $2,535,000 -2.5% --
07/27/2020 07/27/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $2,599,000 -- --
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 $25,306 $2,255,400 $860,000 $1,395,400
2024 $25,306 $2,255,400 $860,000 $1,395,400
2023 $24,155 $2,255,400 $860,000 $1,395,400
2022 $23,208 $2,255,400 $860,000 $1,395,400
2021 $16,828 $2,255,400 $860,000 $1,395,400
2020 $7,938 $811,700 $774,000 $37,700
2019 $7,849 $811,700 $774,000 $37,700
2018 $7,776 $811,700 $774,000 $37,700
2017 $7,654 $811,700 $774,000 $37,700
2016 $7,362 $811,700 $774,000 $37,700
2015 $7,265 $811,700 $774,000 $37,700
2014 $7,159 $811,700 $774,000 $37,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Scott Burt

    RE/MAX

    (302) 494-9660

    2 in this area

    2 Total Sales

    Robert Scott Burt
    Section Image
  • Joseph Orazi

    Buyer's Agent in 2020

    Joseph Orazi

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

    (609) 805-1107

    13 in this area

    44 Total Sales

    Joseph Orazi
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 538430

South Jersey Shore Regional MLS

APN: 08-04401-0000-00004-0000-C1

New Jersey Cape May County Ocean City 08226

4433 Central Ave Unit 1, Ocean City, NJ

This home is located at 4433 Central Ave Unit 1, Ocean City, NJ 08226 since 25 June 2020 and is currently estimated at $2,771,339. This property was built in 2020. 4433 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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