NOT LISTED FOR SALE

4537 Central Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $2,096,824 - $3,328,000

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

Last Sold April 16, 2021

Last sale price $1,875,000

Est. 42% increase in value since last sale

Current estimated payment $15,331/month

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Ground Level Unit

About This Home

As of April 2021

SOUTHEND GEM! ENJOY THE OCEAN VIEWS FROM THIS BEAUTIFUL 1ST FLOOR FEATURING 4 BEDROOMS, 2 FULL-BATHS, 2 LARGE DECKS, CABANA, SEPARATE ENTRANCES, GARAGE, HARDWOOD FLOORS, FURNISHED, AND MUCH MORE! CONTACT LISTING AGENT FOR MORE DETAILS.

Last Agent to Sell the Property

Daniel Maimone

Compass New Jersey-Ocean City (O463E) Listed on: 03/30/2021

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Nicole Presnall

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,650

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,650

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Furnished
  • Lvt Date: 04/01/2021
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Parking Pad

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

Lot Info

  • Location: Beach Block, Ocean Front, Water View

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2012
Sold by
Pitone Lawrence and Pitone Joanne
Bought by
4537 Central Avenue Lp
Current Estimated Value
$2,653,456

Purchase Details

Closed on
May 23, 2002
Sold by
Macaleer Edna S
Bought by
Pitone Lawrence and Pitone Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 12, 1988
Sold by
Macaleer Stephen
Bought by
Macaleer Edna
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
4537 Central Avenue Lp $1,390,000 None Available
Pitone Lawrence $650,000 --
Macaleer Edna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitone Lawrence $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $1,875,000 -1.3% --
04/03/2021 04/03/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $1,899,900 -- --
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 $15,650 $1,394,800 $860,000 $534,800
2024 $15,650 $1,394,800 $860,000 $534,800
2023 $14,938 $1,394,800 $860,000 $534,800
2022 $14,352 $1,394,800 $860,000 $534,800
2021 $10,197 $1,366,900 $860,000 $506,900
2020 $13,368 $1,366,900 $860,000 $506,900
2019 $13,218 $1,366,900 $860,000 $506,900
2018 $13,095 $1,366,900 $860,000 $506,900
2017 $12,890 $1,366,900 $860,000 $506,900
2016 $12,398 $1,366,900 $860,000 $506,900
2015 $12,234 $1,366,900 $860,000 $506,900
2014 $12,056 $1,366,900 $860,000 $506,900
Source: Public Records

Agents Affiliated with this Home

  • Daniel Maimone

    Seller's Agent in 2021

    Daniel Maimone

    Compass New Jersey-Ocean City (O463E)

    (609) 670-9978

    46 in this area

    49 Total Sales

    Daniel Maimone
    Section Image
  • Nicole Presnall

    Buyer's Agent in 2021

    Nicole Presnall

    BHHS Fox & Roach

    (609) 827-3119

    68 in this area

    101 Total Sales

    Nicole Presnall
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 548961

South Jersey Shore Regional MLS

APN: 08-04501-0000-00003-0000-C1

New Jersey Cape May County Ocean City 08226

4537 Central Ave Unit 1st Floor, Ocean City, NJ

This home is located at 4537 Central Ave Unit 1st Floor, Ocean City, NJ 08226 since 30 March 2021 and is currently estimated at $2,653,456. 4537 Central Ave Unit 1st Floor 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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