NOT LISTED FOR SALE

901 Ocean Ave Unit 409 Ocean City, NJ 08226

Estimated Value: $299,000 - $489,000

1 Bed
1 Bath
-- Sq Ft
2.99 Acres

Last Sold April 05, 2024

Last sale price $339,000

Est. 11% increase in value since last sale

Current estimated payment $2,250/month

7 Days on Market

Highlights

  • Water Views
  • Furnished
  • Den
  • Ocean City Primary School Rated A
  • Community Pool
  • 1-minute walk to North Street Playground

About This Home

As of April 2024

Discover the allure of coastal living at Watson's Regency, where the rhythm of the waves and the salty breeze welcome you to your own seaside retreat. Nestled in Ocean City, this charming abode offers an exclusive indoor pool—the perfect escape for those seeking relaxation. Perched on the 4th floor, this spacious 1 bedroom 1 bathroom suite professional decorated and coming fully furnished offers an inviting outside balcony, where you can soak up the sun's warmth and savor panoramic views of the azure horizon. Step inside to find a cozy living room adorned with a queen sofa bed, a full kitchen ready to inspire your culinary adventures, and a dining area set for six—a delightful space for intimate gatherings. Unwind in the generous bath before retiring to the separate bedroom, where a plush queen bed promises nights of serene slumber. With the beach and boardwalk mere steps away, every day brings endless possibilities for seaside strolls and exhilarating adventures. Let the attentive front desk handle the details, from nightly suite rentals to daily housekeeping for your guests, ensuring a stress-free experience. And with condo fees covering essential amenities such as cable TV, WiFi, and even flood insurance, indulge in worry-free coastal living at its finest. For those with an eye for investment, Watson's Regency offers a lucrative opportunity, boasting one of the island's premier rental addresses. With a remarkable gross income of $39,000 in 2023, seize the chance to capitalize on consistent high rental income and enjoy private covered parking for added convenience. Embrace the coastal lifestyle and join the esteemed Watson's Regency rental program, where owners are welcomed to indulge in up to 30 nights per seasonal quarter. Whether you're savoring the vibrant energy of summer, relishing the tranquility of fall, or embracing the cozy ambiance of winter, there's something enchanting awaiting you in every season. Don't let this extraordinary opportunity slip away—schedule your viewing today and immerse yourself in the timeless charm of coastal living.

Last Agent to Sell the Property

Daniel Rallo

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 02/07/2024

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Harry Vanderslice

Compass New Jersey-Ocean City (O463H)

Compass New Jersey-Ocean City (O463H)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,230

Lot Details

  • 2.99

Parking

  • 1 Parking Space

Interior Spaces

  • 3-Story Property
  • Furnished
  • Dining Area
  • Den
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, cable, pool
  • Watsons Regency Condos

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,230

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 02/07/2024
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Self Cleaning Oven
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Area
  • Common Area Features: Elevator, Laundromat On Site, Pool

Exterior Features

  • Siding Exterior: Masonry/Block

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • Condo Name: Watsons Regency
  • Management: Association

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 28, 2024
Sold by
Bar Vichita
Bought by
Ogrady John F
Seller's Agent
Daniel Rallo
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Harry Vanderslice
Compass New Jersey-Ocean City (O463H)
List Price
$334,900
Sold Price
$339,000
Premium/Discount to List
$4,100
1.22%
Views
44
Current Estimated Value
$374,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,710
Avg. Annual Appreciation
6.72%
Original Mortgage
$234,430
Outstanding Balance
$232,786
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$141,924

Purchase Details

Closed on
May 17, 2022
Sold by
Watsons Regency Condominium Inc
Bought by
Given Not

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jan 31, 2014
Sold by
Nolan Thomas R and Nolan Kathleen T
Bought by
Bar Ad Voichita
Seller's Agent
Karen Eisenhardt
Fox Real Estate-Ocean
Buyer's Agent
ZACHERY FEINSTEIN
Compass New Jersey-Ocean City (O463E)
List Price
$317,500
Sold Price
$317,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%

Purchase Details

Closed on
May 22, 2003
Sold by
Jessick Sally
Bought by
Nolan Thomas R and Nolan Kathleen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.86%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Pleasant Bay Ltd
Bought by
Glaser Henry and Berwick Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.51%
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 Buyer Sale Price Title Company
Ogrady John F $339,000 Title Company Of Jersey
Ogrady John F $339,000 Title Company Of Jersey
Given Not -- None Listed On Document
Bar Ad Voichita $317,500 None Available
Nolan Thomas R $255,000 --
Glaser Henry $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogrady John F $234,430
Closed Ogrady John F $234,430
Previous Owner Nolan Thomas R $204,000
Previous Owner Glaser Henry $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $339,000 +2.8% --
02/14/2024 02/14/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $329,900 -1.5% --
02/07/2024 02/07/24 For Sale $334,900 +5.5% --
01/31/2014 01/31/14 Sold $317,500 0.0% -- View Prior Sale
12/04/2013 12/04/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $317,500 -- --
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 $3,230 $287,900 $175,800 $112,100
2024 $3,230 $287,900 $175,800 $112,100
2023 $3,083 $287,900 $175,800 $112,100
2022 $2,962 $287,900 $175,800 $112,100
2021 $2,816 $287,900 $175,800 $112,100
2020 $2,816 $287,900 $175,800 $112,100
2019 $2,784 $287,900 $175,800 $112,100
2018 $2,758 $287,900 $175,800 $112,100
2017 $2,715 $287,900 $175,800 $112,100
2016 $2,611 $287,900 $175,800 $112,100
2015 $2,577 $287,900 $175,800 $112,100
2014 $2,539 $287,900 $175,800 $112,100
Source: Public Records

Agents Affiliated with this Home

  • Daniel Rallo

    Seller's Agent in 2024

    Daniel Rallo

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 338-7364

    2 in this area

    105 Total Sales

    Daniel Rallo
    Section Image
  • Harry Vanderslice

    Buyer's Agent in 2024

    Harry Vanderslice

    Compass New Jersey-Ocean City (O463H)

    (609) 675-1575

    76 in this area

    102 Total Sales

    Harry Vanderslice
    Section Image

  • K

    Seller's Agent in 2014

    Karen Eisenhardt

    Fox Real Estate-Ocean

    26 in this area

    27 Total Sales

    Karen Eisenhardt
    Section Image

  • Z

    Buyer's Agent in 2014

    ZACHERY FEINSTEIN

    Compass New Jersey-Ocean City (O463E)

    (609) 442-4370

    66 in this area

    98 Total Sales

    ZACHERY FEINSTEIN
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581949

South Jersey Shore Regional MLS

APN: 08-00901-0000-00001-0000-C409

New Jersey Cape May County Ocean City 08226

901 Ocean Ave Unit 409, Ocean City, NJ

This home is located at 901 Ocean Ave Unit 409, Ocean City, NJ 08226 since 07 February 2024 and is currently estimated at $374,710. 901 Ocean Ave Unit 409 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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