NOT LISTED FOR SALE

910 E 4th St Ocean City, NJ 08226

Estimated Value: $2,196,763 - $3,241,000

Studio
-- Bath
2,920 Sq Ft
$865/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2018

Last sale price $1,100,000 $377 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $14,811 / mo

119 Days on Market

Highlights

  • Ocean View
  • Building is beachfront but unit may not have water views
  • Outdoor Shower
  • Ocean City Primary School Rated A
  • Porch
  • Baseboard Heating

About This Home

As of June 2018

This property is in an unparalleled location, four houses to the beach with spectacular views from front and rear. Buy for the excellent monthly gross income of over $4000 or buy to tear down and build your dream single, a 3 bedroom duplex condo, or with a variance, a 4 bedroom duplex condo. Rent it out until ready to redevelop! An opportunity like this does not come up often!

Last Agent to Sell the Property

Lois Jacob

Keller Williams Realty Jersey Shore-Ocean City Listed on: 09/28/2017

Keller Williams Realty Jersey Shore-Ocean City

Co-Listed By

DAVID JACOB

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Donna Ang

FOX REAL ESTATE-Brighton

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 40 x 100
  • Building is beachfront but unit may not have water views

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Wood Siding

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Ocean Views
  • Stove
  • Crawl Space

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Lot Details

2,788 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Stove, Gas Stove, Refrigerator, Washer
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Ocean View, Outside Shower, Porch
  • Siding Exterior: Wood Shingle
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas, Electric

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 40 X 100

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Hot Water, Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2019
Sold by
Robert Coste Inc
Bought by
Marott Eric and Marotta Kimberly B
Current Estimated Value
$2,524,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2017
Closed on
Jul 6, 2018
Sold by
Boggs 3Rd William
Bought by
Robert Coste Inc
Seller's Agent
Lois Jacob
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Donna Ang
FOX REAL ESTATE-Brighton
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marott Eric $1,560,000 --
Robert Coste Inc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marott Eric $1,248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $1,100,000 -12.0% $377 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $1,250,000 -- $428 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $15,840 $1,411,800 $510,900 $900,900
2024 $15,840 $1,411,800 $510,900 $900,900
2023 $15,120 $1,411,800 $510,900 $900,900
2022 $14,527 $1,411,800 $510,900 $900,900
2021 $14,189 $1,411,800 $510,900 $900,900
2020 $13,807 $1,411,800 $510,900 $900,900
Source: Public Records

Agents Affiliated with this Home

  • Lois Jacob

    Seller's Agent in 2018

    Lois Jacob

    Keller Williams Realty Jersey Shore-Ocean City

    (610) 310-8537

    23 in this area

    46 Total Sales

    Lois Jacob
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    DAVID JACOB

    Keller Williams Realty Jersey Shore-Ocean City

    4 Total Sales

    DAVID JACOB
    Section Image
  • Donna Ang

    Buyer's Agent in 2018

    Donna Ang

    FOX REAL ESTATE-Brighton

    (609) 703-8970

    50 in this area

    72 Total Sales

    Donna Ang
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 494773

South Jersey Shore Regional MLS

APN: 08 00400-0000-00004-0000-C2

New Jersey Cape May County Ocean City 08226

910 E 4th St, Ocean City, NJ

Not Listed for Sale

MultiFamily

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