NOT LISTED FOR SALE

54 Asbury Rd Ocean City, NJ 08226

Estimated Value: $1,930,750 - $1,931,000

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

Last Sold April 26, 2024

Last sale price $1,845,000

Est. 5% increase in value since last sale

Current estimated payment $10,807/month

33 Days on Market

Highlights

  • New Construction
  • Deck
  • 1.5 Car Attached Garage
  • Ocean City Primary School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of April 2024

This exquisite, single family home in the north end offers 4 bedrooms, all with ensuite baths. Built by the Ocean City Development Group, this home will be completed in early 2024. With a traditional style, the home features a garage and cabana room on the ground floor. You'll love the spacious living room, dining area and custom kitchen on the 1st floor, along with a bedroom suite and a powder room. The rest of the bedrooms, baths and a laundry room are on the second floor. There is plenty of room for an pool to be added in the back yard. Act soon to pick your colors and finishes.

Last Agent to Sell the Property

Ben Duncan

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave Listed on: 06/01/2023

LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

BHHS FOX and ROACH-West Ave OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 30' x 100'

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,433

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 06/01/2023
  • New Construction: Yes
  • Year Built: 2024
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Laundry/Utility Room

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car, Attached Garage, Auto Door Opener
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 30' x 100'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Apr 26, 2024
Sold by
Ocean City Dev Group Llc
Bought by
Cascone Eugene J and Cascone Christine E
Seller's Agent
Ben Duncan
LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$1,895,000
Sold Price
$1,845,000
Premium/Discount to List
-$50,000
-2.64%
Views
98
Current Estimated Value
$1,930,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,875
Avg. Annual Appreciation
3.48%
Original Mortgage
$900,000
Outstanding Balance
$888,181
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,042,694

Purchase Details

Closed on
Feb 28, 2023
Sold by
Larcher Karen A
Bought by
Ocean City Development Group Llc

Purchase Details

Closed on
Mar 8, 1993
Sold by
Momyer Wayne D and Decd Irene K
Bought by
Larcher Karen A

Purchase Details

Closed on
Feb 15, 1990
Sold by
Styer Eunice P
Bought by
Momyer Wayne D and Momyer Irene K
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
Cascone Eugene J $1,845,000 Freedom Title
Ocean City Development Group Llc $685,000 Freedom Title
Larcher Karen A $100,000 --
Larcher Karen A $100,000 --
Momyer Wayne D $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cascone Eugene J $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $1,845,000 -2.6% --
07/04/2023 07/04/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,895,000 -- --
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 $3,433 $1,078,200 $306,000 $772,200
2024 $3,433 $306,000 $306,000 $0
2023 $3,654 $341,200 $306,000 $35,200
2022 $3,511 $341,200 $306,000 $35,200
2021 $2,523 $341,200 $306,000 $35,200
2020 $3,337 $341,200 $306,000 $35,200
2019 $3,299 $341,200 $306,000 $35,200
2018 $3,269 $341,200 $306,000 $35,200
2017 $3,218 $341,200 $306,000 $35,200
2016 $3,095 $341,200 $306,000 $35,200
2015 $3,054 $341,200 $306,000 $35,200
2014 $3,009 $341,200 $306,000 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Ben Duncan

    Seller's Agent in 2024

    Ben Duncan

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 600-7531

    13 in this area

    15 Total Sales

    Ben Duncan
    Section Image
  • Patrick Halliday

    Buyer's Agent in 2024

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    217 in this area

    363 Total Sales

    Patrick Halliday
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574539

South Jersey Shore Regional MLS

APN: 08-00070-06-00021

New Jersey Cape May County Ocean City 08226

54 Asbury Rd, Ocean City, NJ

This home is located at 54 Asbury Rd, Ocean City, NJ 08226 since 01 June 2023 and is currently estimated at $1,930,875. This property was built in 2024. 54 Asbury Rd 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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