NOT LISTED FOR SALE

849 3rd St Ocean City, NJ 08226

Estimated Value: $622,985 - $954,000

-- Bed
-- Bath
962 Sq Ft
$825/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $729,000 $758 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,532/month

230 Days on Market

Highlights

  • Water Oriented
  • Deck
  • Attic
  • Ocean City Primary School Rated A
  • Engineered Wood Flooring
  • Formal Dining Room

About This Home

As of May 2024

Welcome to your OCNJ Shore Home! This 2nd floor 2 bed, 1 bath is in just the right location, one block away from beaches, restaurants, and boardwalk, and a bike ride away from Asbury Avenue, home to great shopping and farmer's markets. This unit has tremendous rental potential, has been meticulously maintained and is pet friendly (owners only). Call today and experience the beach lifestyle you've always dreamed of!

Last Agent to Sell the Property

Stephanie Lynn Terista

(609) 335-1864 stephaniet@exithomepros.com Exit Homestead Realty Professi Listed on: 08/23/2023

Last Buyer's Agent

Stephanie Lynn Terista

(609) 335-1864 stephaniet@exithomepros.com Exit Homestead Realty Professi Listed on: 08/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1972

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 0.00
  • Property is in excellent condition

Home Design

  • Dwelling with Rental
  • Bi-Level Home
  • Asbestos

Interior Spaces

  • 962 Sq Ft Home
  • Recessed Lighting
  • Awning
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Stacked Electric Washer and Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Engineered Wood
  • Carpet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Deck

Schools

  • Primary Elementary School
  • Ocean City Intermediate Middle School
  • Ocean City High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00029
  • Assessor Parcel Number 08-00205-00029-C2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,751

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Bi-Level, Dwelling With Rental
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your OCNJ Shore Home! This 2nd floor 2 bed, 1 bath is in just the right location, one block away from beaches, restaurants, and boardwalk, and a bike ride away from Asbury Avenue, home to great shopping and farmer's markets. This unit has tremendous rental potential, has been meticulously maintained and is pet friendly (owners only). Call today and experience the beach lifestyle you've always dreamed of!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Flooring Type: Carpet, Engineered Wood
  • Interior Amenities: Attic, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting, Window Treatments, Wood Floors, Carpet
  • Fireplace: No
  • Room Count: 6
  • Basement: No
  • Total Sq Ft: 962
  • Living Area Sq Ft: 962
  • Price Per Sq Ft: 757.80
  • Above Grade Finished Sq Ft: 962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 849-51

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Exterior Features: Awning(s), Outside Shower, Sidewalks, Street Lights
  • Spa: No
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Water Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: OCEAN CITY SCHOOLS
  • Elementary School: PRIMARY E.S.
  • Middle School: OCEAN CITY INTERMEDIATE M.S.
  • High School: OCEAN CITY
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200397020
  • School District Source: 3rd Party
  • Elementary School: PRIMARY E.S.
  • High School: OCEAN CITY
  • Middle Or Junior School: OCEAN CITY INTERMEDIATE M.S.

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL/RENTAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Single Room Units Count: 6

Tax Info

  • Tax Annual Amount: 3750.71
  • Assessor Parcel Number: 08-00205-00029-C2
  • Tax Lot: 00029
  • Tax Total Finished Sq Ft: 962
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/22/2024

MLS Schools

  • School District Name: OCEAN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2005
Sold by
Crawford Frank and Crawford Deborah A
Bought by
Wolk Joseph E and Wolk Kathleen M
Current Estimated Value
$793,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Wolk Joseph E $449,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolk Joseph E $359,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $729,000 0.0% $758 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $729,000 -4.6% $758 / Sq Ft
11/08/2023 11/08/23 Price Changed $764,000 -1.3% $794 / Sq Ft
08/23/2023 08/23/23 For Sale $774,000 -- $805 / Sq Ft
Source: Bright 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 $3,865 $344,500 $276,500 $68,000
2024 $3,865 $344,500 $276,500 $68,000
2023 $3,690 $344,500 $276,500 $68,000
2022 $3,545 $344,500 $276,500 $68,000
2021 $2,570 $344,500 $276,500 $68,000
2020 $3,369 $344,500 $276,500 $68,000
2019 $3,331 $344,500 $276,500 $68,000
2018 $3,300 $344,500 $276,500 $68,000
2017 $3,249 $344,500 $276,500 $68,000
2016 $3,125 $344,500 $276,500 $68,000
2015 $3,142 $351,100 $280,000 $71,100
2014 $3,097 $351,100 $280,000 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2002344

Bright MLS

APN: 08-00205-0000-00029-0000-C1