NOT LISTED FOR SALE

639 Ocean Ave Ocean City, NJ 08226

Estimated Value: $1,691,000 - $1,952,000

5 Beds
4.5 Baths
2,280 Sq Ft
5,837 Sq Ft Lot

Last Sold May 24, 2018

Last sale price $867,000 $380 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,102/month

124 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • The property is located in a historic district
  • Cathedral Ceiling
  • Ocean City Primary School Rated A
  • Recreation Room
  • 4-minute walk to Veterans Memorial Park

About This Home

As of May 2018

Here it is...a centrally located, extra large, 5 bedroom & 4.5 bath 2nd floor unit w/ ELEVATOR! Custom built, new construction brought to you by Lighthouse Developers and built by Albert G. Juliano Builders, LLC. This unit is big enough for the entire family! Features include a cabana & storage room on 1st floor, private elevator, cathederal ceilings in main rooms, large front and rear decks, large bedrooms and private garage! Step back in time and experience the historic flair and modern amenities of this new construction 2nd floor. Historic details include: Brick front piers, PVC trim and columns, exterior shutters, mahogany capped vinyl railings w/ chippendale accents, & so much more! All of this and sitting on an extra large 45" x 130" lot. Walking distance to all that Ocean City has to offer, including some of the best beaches & boardwalk attractions. Makes a perfect place to call your dream OC getaway, or makes a nice investment with great rental potential! Hurry and pick out your interior selections! Spring delivery. Call listing agent for more details, plans, and specs! Interior photos show a sample finish.

Last Agent to Sell the Property

JUSTIN JULIANO

Compass New Jersey-Ocean City (O463E) Listed on: 10/13/2017

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

JUSTIN JULIANO

Compass New Jersey-Ocean City (O463E) Listed on: 10/13/2017

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 5,837

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Location

  • The property is located in a historic district

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • New Construction: Yes
  • Year Built: 2017
  • Age: 0 To 1 Year
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Bedroom 5: On Level: Main
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Siding Exterior: Masonry/Block, Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car, Assigned

Utilities

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

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Historical District, Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
639 Ocean Llc
Bought by
Omalley Brendan and Omalley Agatha Lambris
Current Estimated Value
$1,776,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,500
Outstanding Balance
$1,005,132
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$771,167

Purchase Details

Listed on
Oct 13, 2017
Closed on
May 24, 2018
Sold by
Lghtouse Development Llc
Bought by
639 Ocean Llc
Seller's Agent
JUSTIN JULIANO
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
JUSTIN JULIANO
Compass New Jersey-Ocean City (O463E)
List Price
$884,900
Sold Price
$867,000
Premium/Discount to List
-$17,900
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Baratta Rose and Salugta Rose
Bought by
Salugta Roy and Salugta Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Omalley Brendan $1,587,500 Shore Title
Omalley Brendan $1,587,500 Shore Title
639 Ocean Llc $867,000 --
Salugta Roy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omalley Brendan $1,035,500
Closed Omalley Brendan $1,035,500
Previous Owner Salugta Roy $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $867,000 -2.0% $380 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $884,900 -- $388 / 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 $9,090 $810,200 $260,200 $550,000
2024 $9,090 $810,200 $260,200 $550,000
2023 $8,677 $810,200 $260,200 $550,000
2022 $8,337 $810,200 $260,200 $550,000
2021 $8,143 $810,200 $260,200 $550,000
2020 $7,924 $810,200 $260,200 $550,000
2019 $7,835 $810,200 $260,200 $550,000
Source: Public Records

Agents Affiliated with this Home

  • JUSTIN JULIANO

    Seller's Agent in 2018

    JUSTIN JULIANO

    Compass New Jersey-Ocean City (O463E)

    (609) 619-0441

    2 in this area

    2 Total Sales

    JUSTIN JULIANO
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 495587

South Jersey Shore Regional MLS

APN: 08 00601-0000-00002-0000-C2

New Jersey Cape May County Ocean City 08226

639 Ocean Ave, Ocean City, NJ

Not Listed for Sale

Condos

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