NOT LISTED FOR SALE

4645 Asbury Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,103,000 - $1,426,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold October 09, 2019

Last sale price $650,000

Est. 88% increase in value since last sale

Current estimated payment $7,009/month

57 Days on Market

Highlights

  • New Construction
  • Ground Level Unit
  • Central Air
  • Ocean City Primary School Rated A
  • Attached Garage
  • 4-minute walk to 49th Street Dog Run

About This Home

As of October 2019

Here's your chance to own brand new construction located one block to the beach! Custom built with the highest quality of craftsmanship, this 3 bed 2 bath 1st floor will leave you breathless! Amenities feature private entrance and garage, private enclosed outside shower, spacious decking, hardwood flooring, granite countertops, stainless Whirlpool appliances, backsplash, tile baths, Nest thermostat, gas fireplace and so much more.

Last Agent to Sell the Property

Chip Collins

BERGER REALTY-Main Listed on: 06/28/2019

Last Buyer's Agent

John Greier

BERGER REALTY-Main

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,702

Lot Details

  • 3,006

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Assigned Parking

Utilities

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

Additional Features

  • 2-Story Property
  • Ground Level Unit

Community Details

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,702

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 06/28/2019
  • New Construction: Yes
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Assigned

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 9, 2019
Sold by
Jwr Properties Llc
Bought by
Smith Marcus C and Smith Stefani K
Seller's Agent
Chip Collins
BERGER REALTY-Main
Buyer's Agent
John Greier
BERGER REALTY-Main
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
Current Estimated Value
$1,220,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,257
Avg. Annual Appreciation
10.99%
Original Mortgage
$350,000
Outstanding Balance
$306,618
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$913,639

Purchase Details

Closed on
Oct 10, 2018
Sold by
Albert B Thompson Jr Irt
Bought by
Jwr Properties Llc

Purchase Details

Closed on
Feb 26, 2009
Sold by
Thompson Albert B
Bought by
Irrevocab Nowlan Marie Thompson and Albert B Thompson Jr Irrevocable Inter V

Purchase Details

Closed on
Dec 29, 2008
Sold by
Thompson Albert B
Bought by
Irrevocab Nowlan Marie Thompson and Albert B Thompson Jr Irrevocable Inter V
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
Smith Marcus C $650,000 Title Company Of Jersey
Jwr Properties Llc $700,000 --
Irrevocab Nowlan Marie Thompson -- None Available
Irrevocab Nowlan Marie Thompson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marcus C $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2019 10/09/19 Sold $650,000 -2.8% --
08/24/2019 08/24/19 Pending -- -- --
07/21/2019 07/21/19 Price Changed $669,000 -2.9% --
06/28/2019 06/28/19 For Sale $689,000 -- --
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 $6,702 $597,300 $283,500 $313,800
2024 $6,702 $597,300 $283,500 $313,800
2023 $6,397 $597,300 $283,500 $313,800
2022 $6,146 $597,300 $283,500 $313,800
2021 $4,529 $597,300 $283,500 $313,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Chip Collins

    BERGER REALTY-Main

    (800) 427-0076

    51 in this area

    56 Total Sales

    Chip Collins
    Section Image
  • John Greier

    Buyer's Agent in 2019

    John Greier

    BERGER REALTY-Main

    (609) 231-7598

    34 in this area

    42 Total Sales

    John Greier
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 524341

South Jersey Shore Regional MLS

APN: 08 04602-0000-00004-0000-C1

New Jersey Cape May County Ocean City 08226

4645 Asbury Ave Unit 1, Ocean City, NJ

This home is located at 4645 Asbury Ave Unit 1, Ocean City, NJ 08226 since 28 June 2019 and is currently estimated at $1,220,257. 4645 Asbury 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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