NOT LISTED FOR SALE

862 E 4th St Unit 2nd Floor Ocean City, NJ 08226

Estimated Value: $1,196,000 - $1,730,685

4 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $1,035,000

Est. 43% increase in value since last sale

Current estimated payment $9,098/month

186 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Great Room
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 4-minute walk to Lake Memorial Park

About This Home

As of August 2020

Gorgeous New Construction for 2020! Just Steps to the Beach! Another Beauty from one of Ocean City's Finest Builders/Developers, "Star Builders." This High-End Condo Features: 4 Bedrooms, 3 Full Baths, Hardwood Flooring in Great Room, Stairs & Hallway, Gourmet Kitchen, Granite Countertops, Tile Backsplash, SS Appliances, Large Front Deck, Rear Deck + Rooftop Deck with Ocean Views, Tiled Shower/Tub in all Bathrooms, Glass Shower Doors, Tops Elevated Vanities with Granite Tops, PVC decking, Upgraded Baseboard & Trim Package, Crown Molding, Hose bibs on all decks, Separate Entrances & Garages, Enclosed Outside Shower & Maintenance Free Exterior… Great Location! Great Property! Great Value! Great Rental Potential! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC License #0338620 Listed on: 11/11/2019

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

CHARLES (BUD) RINCK

FOX REAL ESTATE-Asbury License #0681688

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,179

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,008

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

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

Est. Annual Taxes

$10,179

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Lvt Date: 11/11/2019
  • New Construction: Yes
  • Year Built: 2020
  • 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: 4
  • Full Bathrooms: 3
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: One Car, Parking Pad

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: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Aug 20, 2020
Sold by
Jwr Properties Llc
Bought by
Marshall Peter A and Marshall Melinda A
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
CHARLES (BUD) RINCK
FOX REAL ESTATE-Asbury
List Price
$1,049,900
Sold Price
$1,035,000
Premium/Discount to List
-$14,900
-1.42%
Total Days on Market
186
Current Estimated Value
$1,475,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,421
Avg. Annual Appreciation
8.41%
Source: Public Records

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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
Marshall Peter A $999,990 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Peter $624,000
Closed Marshall Peter $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $1,035,000 -1.4% --
05/15/2020 05/15/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $1,049,900 -- --
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 $10,179 $907,200 $374,000 $533,200
2023 $9,716 $907,200 $374,000 $533,200
2022 $9,335 $907,200 $374,000 $533,200
2021 $9,117 $907,200 $374,000 $533,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2020

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    394 in this area

    454 Total Sales

    Michael Contino
    Section Image
  • CHARLES (BUD) RINCK

    Buyer's Agent in 2020

    CHARLES (BUD) RINCK

    FOX REAL ESTATE-Asbury

    (609) 442-1291

    27 in this area

    48 Total Sales

    CHARLES (BUD) RINCK
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 530393

South Jersey Shore Regional MLS

APN: 08 00402-0000-00019-0000-C2

New Jersey Cape May County Ocean City 08226

862 E 4th St Unit 2nd Floor, Ocean City, NJ

This home is located at 862 E 4th St Unit 2nd Floor, Ocean City, NJ 08226 since 11 November 2019 and is currently estimated at $1,475,421. This property was built in 2020. 862 E 4th St Unit 2nd Floor 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.

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