Seller's Agent in 2025
Mark Benevento
eXp Realty - Montclair
(609) 402-1906
7 Total Sales
605 3rd St Ocean City, NJ 08226
--
Bed
--
Bath
2,898
Sq Ft
5,271
Sq Ft Lot
Highlights
- Porch
- Ocean City Primary School Rated A
- 3-minute walk to Lake Memorial Park
About This Home
As of February 2013Five unit building in a family neighborhood just a few blocks to the beach. Adorable front efficiency cottage with loft and large four (4) unit building behind the cottage. One parking spot per unit, 100% occupied, separate gas and electric meters, state inspected and approved building. Positive cash flow. Don't miss this fantastic opportunity AND the owner is motivated. Appointment necessary as co-operative tenants must be notified. Annual gross is over $49,000.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,155
Utilities
- Heating System Uses Natural Gas
- Separate Meters
Additional Features
- Porch
- Lot Dimensions are 52.5 x 100
Community Details
- 5 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 10, 2023
Sold by
Seaside Escapes Llc
Bought by
605 3Rd Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 10, 2012
Closed on
Feb 7, 2013
Sold by
Dailyda John and Dailyda Kimberly
Bought by
Seasides Escapes Llc
Seller's Agent
Karen Eisenhardt
Fox Real Estate-Ocean
Buyer's Agent
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$440,000
Sold Price
$440,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$330,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 27, 1999
Sold by
Aust Nancy Carole
Bought by
Dailyda John and Dailyda Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.78%
Purchase Details
Closed on
Mar 19, 1996
Sold by
Butler Nancy
Bought by
Aust Nancy Carole R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.99%
Purchase Details
Closed on
Jun 6, 1991
Sold by
Campbell Rosemarie A Aka Wigo
Bought by
Butler Dennis and Butler Nancy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,300,000 | Surety Title | |
| Deed | $1,300,000 | Surety Title | |
| Deed | $440,000 | Surety Title | |
| Deed | $250,000 | -- | |
| Deed | $200,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | New Conventional | |
| Closed | $975,000 | New Conventional | |
| Previous Owner | $330,000 | Purchase Money Mortgage | |
| Previous Owner | $332,840 | Unknown | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $140,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $2,299,000 | +422.5% | -- |
| 02/07/2013 02/07/13 | Sold | $440,000 | 0.0% | $152 / Sq Ft |
| 08/24/2012 08/24/12 | Pending | -- | -- | -- |
| 06/10/2012 06/10/12 | For Sale | $440,000 | -- | $152 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $6,155 | $548,600 | $390,600 | $158,000 |
| 2024 | $6,155 | $548,600 | $390,600 | $158,000 |
| 2023 | $4,694 | $438,300 | $390,600 | $47,700 |
| 2022 | $4,510 | $438,300 | $390,600 | $47,700 |
| 2021 | $4,405 | $438,300 | $390,600 | $47,700 |
| 2020 | $4,287 | $438,300 | $390,600 | $47,700 |
| 2019 | $4,238 | $438,300 | $390,600 | $47,700 |
| 2018 | $4,199 | $438,300 | $390,600 | $47,700 |
| 2017 | $4,133 | $438,300 | $390,600 | $47,700 |
| 2016 | $3,975 | $438,300 | $390,600 | $47,700 |
| 2015 | $3,923 | $438,300 | $390,600 | $47,700 |
| 2014 | $3,866 | $438,300 | $390,600 | $47,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Benevento
-
Karen Eisenhardt
K
Seller's Agent in 2013
Karen Eisenhardt
Fox Real Estate-Ocean
29 in this area
30 Total Sales
-
Kevin Mcgonigle
Buyer's Agent in 2013
Kevin Mcgonigle
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
(609) 226-6046
19 in this area
58 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 396245
APN: 08-00208-0000-00002
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© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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