NOT LISTED FOR SALE

5342 Asbury Ave Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $1,060,192 - $1,373,000

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

Last Sold August 31, 2016

Last sale price $626,000

Est. 93% increase in value since last sale

Current estimated payment $6,947/month

173 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Wood Flooring
  • Ocean City Primary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of August 2016

Stunning Southend New Construction Just Steps to the Beach! This Custom High-end 2nd Floor Condo Features: 3 Bedrooms, 2 Baths, Front, Rear & Rooftop Decks (Ocean Views) Separate Entrances & Garage, Hardwood Flooring in Great Room, Stairs and Hallway, Gourmet Kitchen, Granite Countertops, Back Splash, Upgraded SS Appliances, Gas Heat, C/A, Tiled Shower in Master + Tiled above Tub area in Hall Bath, Impact Tilt-in Windows... Great Location! Great Property! Great Price! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC Listed on: 12/06/2015

BHHS FOX and ROACH-Simpson OC

Co-Listed By

Kevin Halliday

BERGER REALTY-A

Last Buyer's Agent

James O'neill

BHHS FOX and ROACH-109 34th OC License #0450430

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,658

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Water Views
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,658

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • New Construction: Yes
  • Year Built: 2016
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor, Water View
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2015
Closed on
Oct 20, 2016
Sold by
Bolanos Luis
Bought by
Cover Paul John and Cover Lisa Lynn
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
James O'neill
BHHS FOX and ROACH-109 34th OC
List Price
$626,000
Sold Price
$626,000
Current Estimated Value
$1,205,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,548
Avg. Annual Appreciation
7.45%
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
Cover Paul John $626,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $626,000 0.0% --
05/27/2016 05/27/16 Pending -- -- --
12/06/2015 12/06/15 For Sale $626,000 -- --
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 $6,658 $593,400 $283,500 $309,900
2024 $6,658 $593,400 $283,500 $309,900
2023 $6,355 $593,400 $283,500 $309,900
2022 $6,106 $593,400 $283,500 $309,900
2021 $4,427 $593,400 $283,500 $309,900
2020 $5,803 $593,400 $283,500 $309,900
2019 $5,738 $593,400 $283,500 $309,900
2018 $5,685 $593,400 $283,500 $309,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2016

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    360 in this area

    419 Total Sales

    Michael Contino
    Section Image
  • Kevin Halliday

    Seller Co-Listing Agent in 2016

    Kevin Halliday

    BERGER REALTY-A

    (609) 425-7423

    59 in this area

    63 Total Sales

    Kevin Halliday
    Section Image
  • James O'neill

    Buyer's Agent in 2016

    James O'neill

    BHHS Fox & Roach

    (609) 287-3570

    7 in this area

    7 Total Sales

    James O'neill
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 459265

South Jersey Shore Regional MLS

APN: 08-05303-0000-00019-0000-C2

New Jersey Cape May County Ocean City 08226

5342 Asbury Ave Unit 2nd Floor, Ocean City, NJ

This home is located at 5342 Asbury Ave Unit 2nd Floor, Ocean City, NJ 08226 since 06 December 2015 and is currently estimated at $1,205,548. This property was built in 2016. 5342 Asbury Ave Unit 2nd Floor 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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