$366,500
SOLD MAR 13, 2020

703 North St Unit 5 Ocean City, NJ 08226

-- Bed
-- Bath
880 Sq Ft
1,437 Sq Ft Lot

Recently Sold

$416 Per Sq Ft

8% Below List Price

54 Days on Market

Highlights

  • Deck
  • Porch
  • Outdoor Shower
  • Ocean City Primary School Rated A
  • Patio
  • Heating Available

About This Home

As of March 2020

This Cozy Gardens Duplex is nestled into the Ocean side of the desirable Gardens section of Ocean City, close to the North St Beach, North Beach Grill, and an easy stroll to Board walk, off street parking for 3 or more cars, two separate outside patio areas, enclosed outside shower, each unit is two bedrooms one Bath, Vinyl sided, clean, High and Dry, No water during hurricane sandy!! Live in one rent the other use both, plenty of options.

Last Agent to Sell the Property

Scott Kirkpatrick

BHHS FOX and ROACH-Simpson OC License #SP-8336491 Listed on: 11/22/2019

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Dean Chorin

BHHS FOX and ROACH-109 34th OC License #1430140

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Home Design

  • Duplex
  • Vinyl Siding

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 11/22/2019
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Deck, Outside Shower, Patio, Porch
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Heating: Electric, Space/Wall/Floor
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: flag

Rental Info

  • Rental Information: Seasonal

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2003
Sold by
Grexa Paul E and Grexa Edna M
Bought by
K2 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Outstanding Balance
$149,742
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$750,924
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $397,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $1,199,900 +227.4% --
03/13/2020 03/13/20 Sold $366,500 -3.5% $416 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/11/2019 12/11/19 Price Changed $379,900 -5.0% $432 / Sq Ft
11/22/2019 11/22/19 For Sale $399,900 -- $454 / 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
2024 $4,780 $426,000 $388,000 $38,000
2023 $4,562 $426,000 $388,000 $38,000
2022 $4,384 $426,000 $388,000 $38,000
2021 $3,178 $426,000 $388,000 $38,000
2020 $4,166 $426,000 $388,000 $38,000
2019 $4,119 $426,000 $388,000 $38,000
2018 $4,081 $426,000 $388,000 $38,000
2017 $4,017 $426,000 $388,000 $38,000
2016 $3,864 $426,000 $388,000 $38,000
2015 $3,813 $426,000 $388,000 $38,000
2014 $3,757 $426,000 $388,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 530791

South Jersey Shore Regional MLS

APN: 08-00070-01-00002