NOT LISTED FOR SALE

5 West Ave Ocean City, NJ 08226

Estimated Value: $982,000 - $1,892,000

-- Bed
-- Bath
1,496 Sq Ft
$867/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $760,000 $508 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,193/month

Highlights

  • Porch
  • Living Room
  • Baseboard Heating
  • Ocean City Primary School Rated A
  • Outdoor Shower
  • Dining Area

About This Home

As of February 2022

Northend "Best Buy" - WHOLE BUILDING for Sale! Each unit has 2 Bedrooms and 1 Bath, and Features: Well Appointed Kitchen, Full Appliance Package, Dining Area, Spacious Living Room, Bathroom, Cozy Front Porch with Awning, Outdoor Shower, Sold Partially Furnished, Off-Street Parking, Vinyl Siding, Shed out back for Storage, Maintenance-Free Exterior...Great Value! Great Rental Potential! Great Property! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 08/06/2021

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Jacqueline Kilkenny

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 30 x 90

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Area
  • Crawl Space
  • Storage In Attic

Kitchen

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 08/06/2021
  • Year Built: 1953
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Kitchen, Living Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Stone
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 30 x 90

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric, Gas, Heat, Hot Water, Cooling, Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Feb 1, 2022
Sold by
Jolin Properties Llc
Bought by
Edwards Jason and Edwards Elizabeth
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Jacqueline Kilkenny
BHHS FOX and ROACH-West Ave OC
List Price
$879,900
Sold Price
$760,000
Premium/Discount to List
-$119,900
-13.63%
Current Estimated Value
$1,297,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,504
Avg. Annual Appreciation
15.55%
Original Mortgage
$608,000
Outstanding Balance
$564,642
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$732,862

Purchase Details

Listed on
Oct 6, 2020
Closed on
May 14, 2021
Sold by
Prady Linda
Bought by
Jolin Properties Llc
Seller's Agent
Mark Grimes
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$674,900
Sold Price
$620,000
Premium/Discount to List
-$54,900
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.68%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Vass Ann G
Bought by
Prady Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
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
Edwards Jason $760,000 Surety Title
Jolin Properties Llc $620,000 Surety Title
Prady Linda $510,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Jason $608,000
Previous Owner Prady Linda $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2022 02/02/22 Sold $760,000 -7.9% $508 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
10/24/2021 10/24/21 Price Changed $825,000 -6.2% $551 / Sq Ft
08/06/2021 08/06/21 For Sale $879,900 +41.9% $588 / Sq Ft
05/14/2021 05/14/21 Sold $620,000 -2.4% $414 / Sq Ft View Prior Sale
01/22/2021 01/22/21 Pending -- -- --
10/24/2020 10/24/20 Price Changed $635,000 -5.9% $424 / Sq Ft
10/06/2020 10/06/20 For Sale $674,900 -- $451 / Sq Ft
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 $3,763 $335,400 $216,000 $119,400
2024 $3,763 $335,400 $216,000 $119,400
2023 $3,592 $335,400 $216,000 $119,400
2022 $3,451 $335,400 $216,000 $119,400
2021 $3,371 $335,400 $216,000 $119,400
2020 $3,280 $335,400 $216,000 $119,400
2019 $3,243 $335,400 $216,000 $119,400
2018 $3,213 $335,400 $216,000 $119,400
2017 $3,163 $335,400 $216,000 $119,400
2016 $3,042 $335,400 $216,000 $119,400
2015 $3,002 $335,400 $216,000 $119,400
2014 $3,233 $338,700 $273,600 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2022

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    360 in this area

    418 Total Sales

    Michael Contino
    Section Image

  • J

    Buyer's Agent in 2022

    Jacqueline Kilkenny

    BHHS Fox & Roach

    (609) 827-5599

    9 in this area

    50 Total Sales

    Jacqueline Kilkenny
    Section Image
  • Mark Grimes

    Seller's Agent in 2021

    Mark Grimes

    BHHS Fox & Roach

    (609) 425-2042

    128 in this area

    162 Total Sales

    Mark Grimes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554047

South Jersey Shore Regional MLS

APN: 08-00011-0000-00012

New Jersey Cape May County Ocean City 08226

5 West Ave, Ocean City, NJ

This home is located at 5 West Ave, Ocean City, NJ 08226 since 06 August 2021 and is currently estimated at $1,297,504, approximately $867 per square foot. This property was built in 1953. 5 West Ave 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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