NOT LISTED FOR SALE

4723 Central Ave Ocean City, NJ 08226

Estimated Value: $4,415,000 - $6,955,000

6 Beds
5.5 Baths
-- Sq Ft
4,487 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $4,500,000

Est. 24% increase in value since last sale

Current estimated payment $31,810/month

Highlights

  • Ocean Front
  • Cabana
  • Multiple Fireplaces
  • Ocean City Primary School Rated A
  • Deck
  • 3-minute walk to 49th Street Dog Run

About This Home

As of May 2021

BEACHFRONT SINGLE FAMILY HOME! This remarkable three story 6 bedroom, 5.5 bath home sits prominently on the corner of Central Avenue and 48th Street in the lovely Southend section of Ocean City. The gorgeous custom home, with its grand entrance, exterior angles and many windows, appears like a dreamy white sand castle, right on the beach, overlooking the beautiful Atlantic Ocean! The Open Foyer leads to a great room with panoramic Ocean Views! The space is home to the kitchen, dining room and living room. There is a full size laundry room with storage and wash sink, half bathroom, bedroom/ family room and additional bedroom with full bathroom on this level. The Third Floor hosts the Master Suite with wall to wall windows to capture the views, along with private balcony, gas fireplace, walk in closet, and master bath. You will find an additional 3 bedrooms and 2 baths on this level. Ground Floor Features a Fully enclosed shower cabana, storage room, and spacious bonus room! Features include, multi zoned heat and air, custom woodworking, kitchen center island, 4 Decks, brick patio, attached garage, direct beach access and much much more! A Rare opportunity to own a SINGLE on the Beach!

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 10/13/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Kevin Halliday

BERGER REALTY-A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,904

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 40x100
  • Ocean Front
  • Corner Lot

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Den
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Cabana
  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,904

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Lvt Date: 10/13/2020
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Built-In, Family Room, Gas Log, More Than 1
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Cabana, Curbs, Deck, Patio, Porch, Sidewalks
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Stone
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Location: Bulkheaded, Corner, Ocean Front, Water View
  • Lot Dimensions: 40x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
May 17, 2021
Sold by
Niessner Roland and Niessner Carolyn
Bought by
Elaine S Asplundh Ft
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Kevin Halliday
BERGER REALTY-A
List Price
$5,125,000
Sold Price
$4,500,000
Premium/Discount to List
-$625,000
-12.2%
Current Estimated Value
$5,590,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090,137
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
May 9, 1997
Sold by
Westherill Thomas C
Bought by
Niessner Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

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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
Elaine S Asplundh Ft $4,500,000 Surety Title
Niessner Ronald $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niessner Ronald $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $4,500,000 0.0% --
03/15/2021 03/15/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $4,500,000 -12.2% --
10/13/2020 10/13/20 For Sale $5,125,000 -- --
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 $29,904 $4,378,800 $1,838,300 $2,540,500
2024 $29,904 $2,665,200 $1,838,300 $826,900
2023 $28,544 $2,665,200 $1,838,300 $826,900
2022 $27,425 $2,665,200 $1,838,300 $826,900
2021 $19,882 $2,665,200 $1,838,300 $826,900
2020 $26,066 $2,665,200 $1,838,300 $826,900
2019 $25,772 $2,665,200 $1,838,300 $826,900
2018 $25,533 $2,665,200 $1,838,300 $826,900
2017 $25,133 $2,665,200 $1,838,300 $826,900
2016 $24,173 $2,665,200 $1,838,300 $826,900
2015 $23,854 $2,665,200 $1,838,300 $826,900
2014 $23,507 $2,665,200 $1,838,300 $826,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543434

South Jersey Shore Regional MLS

APN: 08-04701-03-00001