NOT LISTED FOR SALE

4629 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $3,070,117 - $4,242,000

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

Last Sold August 02, 2019

Last sale price $2,475,000

Est. 47% increase in value since last sale

Current estimated payment $21,270/month

127 Days on Market

Highlights

  • Ocean Front
  • New Construction
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Deck
  • Ground Level Unit

About This Home

As of August 2019

Luxury home builder, Achristavest, comes to the south end of Ocean City to offer this huge first floor condominium. This home is built on a generous 40' x 100' lot overlooking Ocean City's beautiful south end beaches and the Atlantic Ocean. With five bedrooms and four and a half baths, it features everything you'd expect from this premier home builder including an elevator, hardwood floors, a gourmet custom kitchen, sumptuous baths and elegant appointments. Do not miss this rare opportunity to own one of the finest homes in the south end of Ocean City!

Last Agent to Sell the Property

Mary Kuchka, Gri, Crs

BERGER REALTY-Main Listed on: 02/28/2019

Last Buyer's Agent

Damon Bready

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,137

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Ocean Front
  • Ground Level Unit

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,137

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 03/01/2019
  • New Construction: Yes
  • Year Built: 2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Elevator, Enclsd/Covered Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned

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: Ocean Front

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Aug 2, 2019
Sold by
4629-4631 Central Ave Llc
Bought by
Gallen John H and Gallen Lisa K
Seller's Agent
Mary Kuchka, Gri, Crs
BERGER REALTY-Main
Buyer's Agent
Damon Bready
BHHS FOX and ROACH-Simpson OC
List Price
$2,375,000
Sold Price
$2,475,000
Premium/Discount to List
$100,000
4.21%
Current Estimated Value
$3,627,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,152,279
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,856,250
Outstanding Balance
$1,590,608
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,036,671

Purchase Details

Closed on
Oct 7, 2005
Sold by
Aquaro Catherine R
Bought by
Aquaro Catherine R
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
Gallen John H $2,475,000 Freedom Title
Aquaro Catherine R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallen John H $1,856,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $2,475,000 0.0% --
06/05/2019 06/05/19 Price Changed $2,475,000 +4.2% --
02/28/2019 02/28/19 For Sale $2,375,000 -- --
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 $25,137 $2,240,400 $860,000 $1,380,400
2024 $25,137 $2,240,400 $860,000 $1,380,400
2023 $23,995 $2,240,400 $860,000 $1,380,400
2022 $23,054 $2,240,400 $860,000 $1,380,400
2021 $16,713 $2,240,400 $860,000 $1,380,400
2020 $21,911 $2,240,400 $860,000 $1,380,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Kuchka, Gri, Crs

    Seller's Agent in 2019

    Mary Kuchka, Gri, Crs

    BERGER REALTY-Main

    (609) 576-2790

    32 in this area

    35 Total Sales

    Mary Kuchka, Gri, Crs
    Section Image
  • Damon Bready

    Buyer's Agent in 2019

    Damon Bready

    BHHS Fox & Roach

    (609) 703-3030

    38 in this area

    149 Total Sales

    Damon Bready
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 518462

South Jersey Shore Regional MLS

APN: 08 04601-0000-00005-0000-C1

New Jersey Cape May County Ocean City 08226

4629 Central Ave Unit 1, Ocean City, NJ

This home is located at 4629 Central Ave Unit 1, Ocean City, NJ 08226 since 28 February 2019 and is currently estimated at $3,627,279. This property was built in 2019. 4629 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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