NOT LISTED FOR SALE

601 Atlantic Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $3,539,934

4 Beds
2 Baths
-- Sq Ft
4,661 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $999,000

Est. 254% increase in value since last sale

Current estimated payment $21,146/month

5 Days on Market

Highlights

  • Property is near a beach
  • Ground Level Unit
  • Living Room
  • Ocean City Primary School Rated A
  • Attached Garage
  • 3-minute walk to Veterans Memorial Park

About This Home

As of November 2022

This home is located at 601 Atlantic Ave Unit 1, Ocean City, NJ 08226 since 08 October 2022 and is currently estimated at $3,539,934. 601 Atlantic 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

JENNIFER DWYER

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #0336961 Listed on: 10/08/2022

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Nicholas Deckard

eXp REALTY License #2075732

eXp REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,961

Lot Details

  • 4,661

Interior Spaces

  • 1-Story Property
  • Living Room

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 17 / 601

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,961

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • District Township: 08-Ocean City
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room

Garage/Parking

  • Parking: Garage, Parking Pad, Attached

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Outside Shower, Other (See Remarks)
  • Unit Features: Kitchen Center Island
  • Unit Location: First Floor, Other (See Remarks)

Lot Info

  • Lot Number: 17

Tax Info

  • Taxes: 5961
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
Atlantis Oc Holding Llc
Bought by
Coastal Chateau Llc
Current Estimated Value
$3,539,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,814,000
Outstanding Balance
$2,761,408
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$778,526

Purchase Details

Closed on
Jan 19, 2011
Sold by
Doliszny Robert and Doliszny Kristina
Bought by
Atlantis O C Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,872,000
Interest Rate
4.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Coastal Chateau Llc $3,450,000 Title Company Of Jersey
Coastal Chateau Llc $3,450,000 Title Company Of Jersey
Atlantis O C Holding Llc $3,100,000 Premier Abstract & Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastal Chateau Llc $2,814,000
Closed Coastal Chateau Llc $2,814,000
Previous Owner Atlantis O C Holding Llc $2,872,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $999,000 0.0% --
10/13/2022 10/13/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $999,000 -- --
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 $30,294 $2,700,000 $606,700 $2,093,300
2024 $30,294 $2,700,000 $606,700 $2,093,300
2023 $28,917 $2,700,000 $606,700 $2,093,300
2022 $27,783 $2,700,000 $606,700 $2,093,300
2021 $20,089 $2,700,000 $606,700 $2,093,300
2020 $26,406 $2,700,000 $606,700 $2,093,300
2019 $26,109 $2,700,000 $606,700 $2,093,300
2018 $25,866 $2,700,000 $606,700 $2,093,300
2017 $25,461 $2,700,000 $606,700 $2,093,300
2016 $24,489 $2,700,000 $606,700 $2,093,300
2015 $24,165 $2,700,000 $606,700 $2,093,300
2014 $25,372 $2,876,700 $606,700 $2,270,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JENNIFER DWYER

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 703-9583

    37 in this area

    55 Total Sales

    JENNIFER DWYER
    Section Image

  • N

    Buyer's Agent in 2022

    Nicholas Deckard

    eXp REALTY

    (609) 602-2847

    16 in this area

    16 Total Sales

    Nicholas Deckard
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223151

Cape May County Association of REALTORS®

APN: 08-00600-0000-00002

New Jersey Cape May County Ocean City 08226

601 Atlantic Ave Unit 1, Ocean City, NJ

Not Listed for Sale

Condos

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