NOT LISTED FOR SALE

4804 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,486,305 - $2,057,000

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

Last Sold June 16, 2023

Last sale price $1,650,000

Est. 10% increase in value since last sale

Current estimated payment $10,313/month

96 Days on Market

Highlights

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Furnished
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 1-minute walk to 49th Street Dog Run

About This Home

As of June 2023

This home is located at 4804 Central Ave Unit 1, Ocean City, NJ 08226 since 24 January 2023 and is currently estimated at $1,808,076. 4804 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.

Last Agent to Sell the Property

Jeffrey Bowdler

BERKSHIRE HATHAWAY HS FOX & ROACH oc109 Listed on: 01/24/2023

BERKSHIRE HATHAWAY HS FOX & ROACH oc109

Last Buyer's Agent

Robert Idell

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson License #1538279

BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,132

Lot Details

  • 4,008

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Parking Pad
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

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

Listing and Financial Details

  • Legal Lot and Block 15-C1 / 4802

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,132

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block
  • District Township: 08-Ocean City
  • Also Includes: Blinds, Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 4804
  • Selling Agent1: 5346
  • Selling Office1: 154
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Two
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Other Rooms: Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, Parking Pad, 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 1
  • Common Area Features: Enclosed/Cov. Porch, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 15-C1

Tax Info

  • Taxes: 9132
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jun 7, 2023
Sold by
Sheehan Christopher R and Sheehan Catherine G
Bought by
Mandes Nancy A and Mandes Vincent J
Seller's Agent
Jeffrey Bowdler
BERKSHIRE HATHAWAY HS FOX & ROACH oc109
Buyer's Agent
Robert Idell
BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson
List Price
$2,000,000
Sold Price
$1,650,000
Premium/Discount to List
-$350,000
-17.5%
Views
99
Current Estimated Value
$1,808,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,076
Avg. Annual Appreciation
4.02%
Original Mortgage
$725,000
Outstanding Balance
$654,082
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$1,153,994
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
Mandes Nancy A $1,650,000 Trident Land Transfer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandes Nancy A $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $1,650,000 -5.7% --
04/30/2023 04/30/23 Pending -- -- --
04/27/2023 04/27/23 Price Changed $1,750,000 -7.8% --
02/27/2023 02/27/23 Price Changed $1,899,000 -5.1% --
01/24/2023 01/24/23 For Sale $2,000,000 -- --
Source: Cape May County Association of REALTORS®

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 $9,958 $887,500 $410,000 $477,500
2024 $9,958 $887,500 $410,000 $477,500
2023 $9,505 $887,500 $410,000 $477,500
2022 $9,132 $887,500 $410,000 $477,500
2021 $6,621 $887,500 $410,000 $477,500
2020 $8,680 $887,500 $410,000 $477,500
2019 $8,582 $887,500 $410,000 $477,500
2018 $8,502 $887,500 $410,000 $477,500
2017 $8,369 $887,500 $410,000 $477,500
2016 $8,050 $887,500 $410,000 $477,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jeffrey Bowdler

    BERKSHIRE HATHAWAY HS FOX & ROACH oc109

    (609) 513-9745

    11 in this area

    34 Total Sales

    Jeffrey Bowdler
    Section Image
  • Robert Idell

    Buyer's Agent in 2023

    Robert Idell

    BERKSHIRE HATHAWAY HS FOX & ROACH - Simpson

    (856) 207-1670

    63 in this area

    84 Total Sales

    Robert Idell
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 230231

Cape May County Association of REALTORS®

APN: 08-04802-0000-00015-0000-C1

New Jersey Cape May County Ocean City 08226

4804 Central Ave Unit 1, Ocean City, NJ

This home is located at 4804 Central Ave Unit 1, Ocean City, NJ 08226 since 24 January 2023 and is currently estimated at $1,808,076. 4804 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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Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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