$1,850,000
SOLD DEC 12, 2024

50 Asbury Rd Ocean City, NJ 08226

5 Beds
4.5 Baths
-- Sq Ft
3,006 Sq Ft Lot

Recently Sold

2% Below List Price

141 Days on Market

Highlights

  • New Construction
  • Deck
  • Great Room
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Porch

About This Home

As of December 2024

Spectacular New Construction Single Family in the Gardens! This home will showcase 5 bedrooms, 4.5 baths, AND the option to add a pool! The 1 1/2 car garage provides ample storage and access to the foyer and cabana room. Enter the main living level from the covered front porch where you'll find the eat-in kitchen, dining area, and spacious living room with a gas fireplace. Also on this floor is a powder room and bedroom with an en suite. The second floor will host a laundry room, full bathroom, and 4 additional bedrooms, including the master bedroom with a walk in closet, and bedroom with an en suite and access to the front deck. Don't wait to secure this home and make your selections!

Last Agent to Sell the Property

Cheryl Huber

BHHS FOX and ROACH-109 34th OC Listed on: 01/17/2024

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Harry Vanderslice

Compass New Jersey-Ocean City (O463H)

Compass New Jersey-Ocean City (O463H)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,433

Lot Details

  • Lot Dimensions are 30x100

Parking

  • 1.5 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,433

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 01/17/2024
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Porch, Sidewalks, Enclosed Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One And Half Car, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 30x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Dec 6, 2024
Sold by
Ocean City Development Group Llc
Bought by
Palumbo Julie and Palumbo Craig
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Harry Vanderslice
Compass New Jersey-Ocean City (O463H)
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%
Views
89
Current Estimated Value
$1,899,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,716
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Nov 27, 2023
Sold by
Eyde Robert J and Eyde Bonnie L
Bought by
Ocean City Development Group Llc

Purchase Details

Closed on
Dec 20, 1994
Sold by
Kroesser W Joseph
Bought by
Eyde Robert and Eyde Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,850,000 Surety Title
Deed $1,850,000 Surety Title
Deed $550,000 Freedom Title
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $565,000 Fannie Mae Freddie Mac
Previous Owner $465,150 Unknown
Previous Owner $32,200 Stand Alone Second
Previous Owner $346,800 Unknown
Previous Owner $70,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $1,850,000 -2.4% --
06/06/2024 06/06/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,895,000 +244.5% --
01/30/2023 01/30/23 Sold $550,000 +22.5% $490 / Sq Ft
11/30/2022 11/30/22 For Sale $449,000 -- $400 / 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 $3,433 $306,000 $306,000 --
2024 $3,433 $306,000 $306,000 $0
2023 $3,935 $367,400 $306,000 $61,400
2022 $3,781 $367,400 $306,000 $61,400
2021 $2,741 $367,400 $306,000 $61,400
2020 $3,593 $367,400 $306,000 $61,400
2019 $3,553 $367,400 $306,000 $61,400
2018 $3,520 $367,400 $306,000 $61,400
2017 $3,465 $367,400 $306,000 $61,400
2016 $3,332 $367,400 $306,000 $61,400
2015 $3,288 $367,400 $306,000 $61,400
2014 $3,240 $367,400 $306,000 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581300

South Jersey Shore Regional MLS

APN: 08-00070-06-00022