NOT LISTED FOR SALE

4528 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,427,000 - $1,652,000

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

Last Sold March 31, 2023

Last sale price $1,299,900

Est. 15% increase in value since last sale

Current estimated payment $8,582/month

5 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Great Room
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of March 2023

(HIGHEST AND BEST OFFERS DUE BY TUESDAY 2/28/23 AT 5PM ) GORGEOUS BEACH BLOCK CONDO! Come See This Beautifully Renovated 1st Floor Located In The Desirable South End, Just Steps To The Beach! Situated On A Large 40 x 100 Lot With An OVERSIZED Front Deck. Premier Location & Proven Winner. EXTRAORDINARY RENTAL INCOME, OVER $52K GROSS RENT & 11 WEEKS BOOKED SO FAR FOR 2023.(Potential Gross Rent Over $72k (See Agent Remarks). Conveniently Located Close To Uncle Bill's Pancake House & Aunt Betty's Ice Cream Shop At 40th St., A Short Bike Ride To The Acme & The Playground At 34th & 52nd St. And Steps To A Guarded Beach At 46th St. INTERIOR FEATURES: 4 Spacious Bedrooms , Fully Renovated Master En Suite Bath W/ Custom Tile Walk-In Shower (2018), Completely Upgraded Hall Bath W/ New Vanity, Quartz Counter Tops & Tile Flooring ( 2018). Bright & Airy Open Concept Kitchen That Features New White Shaker Cabinets, Quartz Counter Tops W/ Custom Subway Tile Backsplash, New Center Island W/ Matching Quartz (2018) New Kitchen Aid SS Steel Appliances (2018), Beautiful CoreTec Luxury Vinyl Plank Flooring Throughout Great Room & Hallway (2018), New Luxury Carpet In The Bedrooms (2018) Gas Fireplace W/ Custom Mantel Accented W/ Batten Board Trim (2018), New White Shaker Doors (2018) All New Light Fixtures & Door Hardware (2018), New HVAC (2022) New Commercial Grade Gas H/W Heater (2021), Plantation Shudders (2022),Custom Blinds, Very Large & Desirable Floor Plan That Offers Lots Of Space. Ideal For Entertaining Family & Friends Or Tenants Taking A Break From The Beach. EXTERIOR FEATURES: New Side Entry Door (2018) New HUGE Wolf Decking Front Porch (2018), Maintenance Free Vinyl Siding, Outside Shower, 1 1/2 Car Private Garage That Offers 2 Large Closets And Covered Access To The Side Entry Door. Being Offered Fully Furnished Less Personal Items (See Agent Remarks) Ideally Located, Tons Of Storage, Comfortably Sleeps 8 And Is The Perfect Primary, 2nd Home Or Investment Property. This Is Your Chance To Be 1 House From The Beach & Enjoy Ocean City And All It Has To Offer. Easy To Show! Call Listing Agent For More Details Or To Schedule A Private Showing...

Last Agent to Sell the Property

Michael Bushong Jr

Compass New Jersey-Ocean City (O463E) Listed on: 02/24/2023

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Patrick Rogers

MaxPort Real Estate - Down the Shore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 1994

Lot Details

  • 4,008

Parking

  • 1.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Building is beachfront but unit may not have water views
  • Ground Level Unit

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,992

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Curtains, Furnished
  • Lvt Date: 02/24/2023
  • Year Built: 1994
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Pantry

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Beach Block

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 31, 2023
Sold by
Martin Craig B and Martin Sharon M
Bought by
Puliti Marino and Puliti Mary Ann
Seller's Agent
Michael Bushong Jr
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Patrick Rogers
MaxPort Real Estate - Down the Shore
List Price
$1,299,900
Sold Price
$1,299,900
Views
59
Current Estimated Value
$1,493,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,194
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Jun 19, 2014
Sold by
Lannutti Anthony P and Lannutti Kimberly A
Bought by
Martin Craig B and Martin Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Taylor Michael J
Bought by
Lannutti Anthony P and Growcott George W
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
Puliti Marino $1,299,900 None Listed On Document
Puliti Marino $1,299,900 None Listed On Document
Martin Craig B $641,000 Shore Title
Lannutti Anthony P $672,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Craig B $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $1,299,900 0.0% --
03/01/2023 03/01/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,299,900 -- --
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 $7,992 $712,300 $410,000 $302,300
2024 $7,992 $712,300 $410,000 $302,300
2023 $6,786 $633,600 $410,000 $223,600
2022 $6,520 $633,600 $410,000 $223,600
2021 $4,727 $633,600 $410,000 $223,600
2020 $6,197 $633,600 $410,000 $223,600
2019 $6,127 $633,600 $410,000 $223,600
2018 $6,070 $633,600 $410,000 $223,600
2017 $5,975 $633,600 $410,000 $223,600
2016 $5,747 $633,600 $410,000 $223,600
2015 $5,671 $633,600 $410,000 $223,600
2014 $5,588 $633,600 $410,000 $223,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Bushong Jr

    Seller's Agent in 2023

    Michael Bushong Jr

    Compass New Jersey-Ocean City (O463E)

    (609) 231-1353

    41 in this area

    76 Total Sales

    Michael Bushong Jr
    Section Image
  • Patrick Rogers

    Buyer's Agent in 2023

    Patrick Rogers

    MaxPort Real Estate - Down the Shore

    (610) 761-2630

    8 in this area

    55 Total Sales

    Patrick Rogers
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571501

South Jersey Shore Regional MLS

APN: 08-04502-0000-00020-0000-C1

New Jersey Cape May County Ocean City 08226

4528 Central Ave Unit 1, Ocean City, NJ

This home is located at 4528 Central Ave Unit 1, Ocean City, NJ 08226 since 24 February 2023 and is currently estimated at $1,493,094. This property was built in 1994. 4528 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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