NOT LISTED FOR SALE

5728 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $1,571,000 - $1,802,000

4 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $850,000

Est. 96% increase in value since last sale

Current estimated payment $9,618/month

17 Days on Market

Highlights

  • Beach Front
  • Property is near a beach
  • Island Location
  • Ocean City Primary School Rated A
  • Building is beachfront but unit may not have water views
  • Furnished

About This Home

As of March 2018

This home is located at 5728 Central Ave Unit 1, Ocean City, NJ 08226 since 19 January 2018 and is currently estimated at $1,668,946. This property was built in 1995. 5728 Central Ave Unit 1 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.

Last Agent to Sell the Property

Joanne Winning

COMPASS RE - Sic License #0337922 Listed on: 01/19/2018

COMPASS RE - Sic

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,915

Year Built

  • Built in 1995

Lot Details

  • Building is beachfront but unit may not have water views
  • Beach Front

Interior Spaces

  • 1-Story Property
  • Furnished
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Pad
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23 / 5702

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,915

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Beach Front, Island, Water View
  • District Township: 08-Ocean City
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1995
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 5728
  • Selling Agent1: 1416
  • Selling Office1: 618
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1995

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Carport, Parking Pad, 3 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air, Gas
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Unit: 1
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Unit Features: Fireplace, Kitchen Center Island
  • Unit Location: First Floor, Water View

Lot Info

  • Lot Number: 23

Tax Info

  • Taxes: 6915
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 22, 2018
Sold by
Tella-Gelenberg Lena M and Gelenberg Robert S
Bought by
Italia Dinaz
Seller's Agent
Joanne Winning
COMPASS RE - Sic
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,668,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,946
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Feb 28, 1995
Sold by
Chase Andrew B
Bought by
Gelenberg Robert and Gelenberg Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.96%
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
Italia Dinaz $850,000 --
Gelenberg Robert $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gelenberg Robert $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $850,000 0.0% --
02/27/2018 02/27/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $849,900 -- --
Source: Cape May County Association of REALTORS®

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 $8,819 $786,000 $513,000 $273,000
2024 $8,819 $786,000 $513,000 $273,000
2023 $8,418 $786,000 $513,000 $273,000
2022 $8,088 $786,000 $513,000 $273,000
2021 $5,864 $786,000 $513,000 $273,000
2020 $7,656 $782,800 $513,000 $269,800
2019 $7,570 $782,800 $513,000 $269,800
2018 $7,025 $733,300 $513,000 $220,300
2017 $6,915 $733,300 $513,000 $220,300
2016 $6,651 $733,300 $513,000 $220,300
2015 $6,563 $733,300 $513,000 $220,300
2014 $6,468 $733,300 $513,000 $220,300
Source: Public Records

Agents Affiliated with this Home

  • Joanne Winning

    Seller's Agent in 2018

    Joanne Winning

    COMPASS RE - Sic

    (267) 254-9574

    4 in this area

    32 Total Sales

    Joanne Winning
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 179958

Cape May County Association of REALTORS®

APN: 08-05702-0000-00023-0000-C1

New Jersey Cape May County Ocean City 08226

5728 Central Ave Unit 1, Ocean City, NJ

This home is located at 5728 Central Ave Unit 1, Ocean City, NJ 08226 since 19 January 2018 and is currently estimated at $1,668,946. This property was built in 1995. 5728 Central Ave Unit 1 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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