NOT LISTED FOR SALE

4435 Central Ave Unit 2 Ocean City, NJ 08226

Estimated Value: $2,491,000 - $4,385,000

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

Last Sold January 31, 2024

Last sale price $3,950,000

Est. 11% decrease in value since last sale

Current estimated payment $20,872/month

38 Days on Market

Highlights

  • Unit is on the top floor
  • 1 Car Attached Garage
  • Ceiling Fan
  • Ocean City Primary School Rated A
  • Central Air

About This Home

As of January 2024

Southend top floor residence in one of Ocean City’s most desirable locations. Don’t miss out on this beautiful OCEAN FRONT property with panoramic views for as far as the eyes can see, that will be engraved into your memory after just one look!!! Built by Georgetti Construction, this 5 bedroom 5 bathroom home exudes quality at every turn. Having only been completed approximately 4 years ago everything is new inside and therefore the new owners only need to move in and immediately start relaxing. As you pull up to the residence take notice of the over-sized garage with plenty of storage and more than enough room to fit a car. Walk inside to the first floor and feel the beauty as you walk into the first bedroom/office with a bathroom for your convenience. Access the outside from this bedroom/office through a personal slider. Also just outside this bedroom is your outside shower to clean up after a relaxing day on the beach. Proceed up stairs to the second floor by either taking the steps or your private elevator. On this floor awaits an over-sized kitchen with high end Wolf appliance package a large granite counter with seating as well as a table to handle your large gatherings. Walk into the living room with plenty of space for your family. When you walk towards the bedrooms, you will find stairs that lead to your rooftop deck with views of the ocean and some seating for your late nights enjoying a glass of wine. Further down the hall you will find 5 bedrooms, each with ample space. The primary bedroom is another space on its own that is a great size with an en suite bathroom, double closets, and a private walk out deck to enjoy the mornings and afternoons alone with your special someone. Across the hall you will find bedroom number 2 with a queen size bed. Bedroom number 3 includes a pair of bunk-beds perfect for your large family or extra guests. Further down the hall is bedroom number 4 which also features an en suite bathroom. Bedroom number 5 is located across the hall with a full bathroom located just outside the door. The best part is for last and that’s the 200 square foot deck off the kitchen which opens from the over sized sliders with plenty of seating to plant yourself and watch the sunrise and sunset while you listen to the hypnotizing sound of the ocean. Don't miss out on this opportunity to own your own space ON THE BEACH.

Last Agent to Sell the Property

Jason Gareau

LONG and FOSTER REAL ESTATE INC-Medford Listed on: 10/02/2023

LONG and FOSTER REAL ESTATE INC-Medford

Last Buyer's Agent

Mark Grimes

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,150

Lot Details

  • 4,008

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Location

  • Unit is on the top floor

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,150

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 10/05/2023
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 5

Garage/Parking

  • Garage: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jan 17, 2024
Sold by
Consortium Networks Resorts Llc
Bought by
Lewis Charles P and Lewis Teresa M
Seller's Agent
Jason Gareau
LONG and FOSTER REAL ESTATE INC-Medford
Buyer's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
List Price
$5,000,000
Sold Price
$3,950,000
Premium/Discount to List
-$1,050,000
-21%
Views
114
Current Estimated Value
$3,520,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$429,681
Avg. Annual Appreciation
-6.48%

Purchase Details

Closed on
May 24, 2022
Sold by
Pfeifer and Heather
Bought by
Consortium Networks Resorts Llc

Purchase Details

Closed on
Mar 29, 2018
Sold by
Nicholas William D and Nicholas Beverly H
Bought by
Burt Robert S

Purchase Details

Closed on
May 19, 1995
Sold by
Laughlin John W Mc
Bought by
Nicholas William D and Nicholas Bevelry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lewis Charles P $3,955,000 Trident Land Transfer
Lewis Charles P $3,955,000 Trident Land Transfer
Consortium Networks Resorts Llc -- Donohugh Clyde J
Burt Robert S $1,200,000 --
Nicholas William D $317,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholas William D $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $3,950,000 -12.1% --
11/09/2023 11/09/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $4,495,000 -10.0% --
10/06/2023 10/06/23 Price Changed $4,995,000 -0.1% --
10/02/2023 10/02/23 For Sale $5,000,000 -- --
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 $27,150 $2,419,800 $860,000 $1,559,800
2024 $27,150 $2,419,800 $860,000 $1,559,800
2023 $25,916 $2,419,800 $860,000 $1,559,800
2022 $24,900 $2,419,800 $860,000 $1,559,800
2021 $18,052 $2,419,800 $860,000 $1,559,800
2020 $9,769 $998,900 $860,000 $138,900
2019 $9,659 $998,900 $860,000 $138,900
2018 $8,833 $922,000 $860,000 $62,000
2017 $8,694 $922,000 $860,000 $62,000
2016 $8,363 $922,000 $860,000 $62,000
2015 $8,252 $922,000 $860,000 $62,000
2014 $8,132 $922,000 $860,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 578475

South Jersey Shore Regional MLS

APN: 08-04401-0000-00004-0000-C2