NOT LISTED FOR SALE

55 W 16th St Ocean City, NJ 08226

Estimated Value: $755,000 - $1,234,000

3 Beds
1.5 Baths
828 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $325,000 $393 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $5,363/month

132 Days on Market

Highlights

  • Main Floor Bedroom
  • Furnished
  • Forced Air Heating System
  • Ocean City Primary School Rated A
  • Kitchen Island
  • 4-minute walk to 14 Th Street Playground

About This Home

As of August 2012

This is a single home located in the bay area of Ocean City. It consists of 2 bedrooms and a loft. Home was renovated 12 years ago. Bay views from front porch. New awning just installed.

Last Agent to Sell the Property

Clarise Fazzio-Stell

BHHS FOX and ROACH-109 34th OC License #0339220 Listed on: 03/13/2012

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Joseph Orazi

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 30x65

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1 1/2 Story
  • Also Includes: Blinds, Curtains, Drapes, Furnished, Rugs
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Interior Amenities: Kitchen Center Island
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Gas
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 30x65
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2014
Sold by
Malfitano Vincent and Malfitano Jennifer
Bought by
Malfitano Vincent and Malfitano Jennifer
Current Estimated Value
$952,152

Purchase Details

Listed on
Mar 13, 2012
Closed on
Aug 31, 2012
Sold by
China Joyce and Mcilvaine Bart
Bought by
Malfitano Vincent C and Malfitano Mary Jennifer
Seller's Agent
Clarise Fazzio-Stell
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Joseph Orazi
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Mar 17, 2004
Sold by
China Joyce
Bought by
China Joyce and Mcilvaine Bart

Purchase Details

Closed on
Nov 17, 2000
Sold by
Murtha Joseph F
Bought by
China Joyce

Purchase Details

Closed on
Jun 6, 1990
Sold by
Rinck Roger A
Bought by
Murtha Joseph F and Murtha Helen C

Purchase Details

Closed on
Jul 26, 1988
Sold by
Simonson Charles
Bought by
Rinck Roger
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
Malfitano Vincent -- None Available
Malfitano Vincent C $325,000 Nat
China Joyce -- --
China Joyce $130,000 --
China Joyce $130,000 --
Murtha Joseph F $87,500 --
Rinck Roger $87,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $325,000 0.0% $393 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $325,000 -- $393 / 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 $4,443 $396,000 $226,600 $169,400
2024 $4,443 $396,000 $226,600 $169,400
2023 $4,241 $396,000 $226,600 $169,400
2022 $4,075 $396,000 $226,600 $169,400
2021 $3,980 $396,000 $226,600 $169,400
2020 $3,873 $396,000 $226,600 $169,400
2019 $3,829 $396,000 $226,600 $169,400
2018 $3,794 $396,000 $226,600 $169,400
2017 $3,734 $396,000 $226,600 $169,400
2016 $2,902 $320,000 $226,600 $93,400
2015 $2,864 $320,000 $226,600 $93,400
2014 $2,822 $320,000 $226,600 $93,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Clarise Fazzio-Stell

    BHHS Fox & Roach

    (609) 457-4125

    4 in this area

    6 Total Sales

    Clarise Fazzio-Stell
    Section Image
  • Joseph Orazi

    Buyer's Agent in 2012

    Joseph Orazi

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 805-1107

    12 in this area

    42 Total Sales

    Joseph Orazi
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 392033

South Jersey Shore Regional MLS

APN: 08-01510-0000-00027

New Jersey Cape May County Ocean City 08226

55 W 16th St, Ocean City, NJ

This home is located at 55 W 16th St, Ocean City, NJ 08226 since 13 March 2012 and is currently estimated at $952,152, approximately $1,149 per square foot. This property was built in 1947. 55 W 16th St 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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