NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 318 Ocean City, NJ 08226

Estimated Value: $693,044 - $833,000

3 Beds
2 Baths
-- Sq Ft
2.99 Acres

Last Sold May 03, 2024

Last sale price $765,000

Est. 1% decrease in value since last sale

Current estimated payment $4,507/month

30 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Great Room
  • Ocean City Primary School Rated A
  • Wood Flooring
  • 3-minute walk to North Street Playground

About This Home

As of May 2024

Ocean Colony Condo on the Beach/Boardwalk! This Recently Renovated Southside Beauty Features: 3 Bedrooms (converted from a 2 Bedroom, the condo fees and property taxes remain charged as a two bedroom unit), All Newer Gourmet Kitchen (largest in Ocean Colony) with Granite Countertops, Newer SS Appliances, Tile Back-splash, additional recess LED lighting on dimmers, 2 Newer Baths, Newer Elevated Vanities with Granite Tops, Freshly Painted, Hardwood Flooring, throughout (no carpets) Crown Molding, Large Deck off the Living Room (nighttime view are phenomenal) and an Additional Deck off the Master Bedroom, Brand New Heating & C/A in bedrooms and living room, New ceiling fans, Large Open Floor Plan Great for Entertaining, Beautifully Furnished and Decorated, Includes conveniently located off street deeded parking space. Amenities include Heated Pool, Game Room, Sports Court, Community Room and Fitness Center with Saunas & Showers, Security 24/7. Great Location! Great Property! Great Value! See you on the Beach!

Last Agent to Sell the Property

Michael Contino

BHHS FOX and ROACH-Simpson OC License #0338620 Listed on: 02/21/2024

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Joe Penzone

Penzone Realty License #0786586

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 1977

Lot Details

  • 2.99

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, air conditioning
  • Ocean Colony Condos
  • 6-Story Property

Amenities

  • Building Patio
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Community Playground
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,128

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Lvt Date: 02/21/2024
  • Year Built: 1977
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Patio, Playground, Pool, Security, Storage Facility, Tennis Court

Exterior Features

  • Siding Exterior: Masonry/Block

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Air Conditioning
  • Condo Name: Ocean Colony
  • Management: On-Site Professionals

Lot Info

  • Location: Boardwalk Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer, Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 3, 2024
Sold by
Davenport William Brent and Triggiani Stephanie
Bought by
Coppola Giuseppe and Coppola Marlena C
Seller's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Joe Penzone
Penzone Realty
List Price
$779,900
Sold Price
$765,000
Premium/Discount to List
-$14,900
-1.91%
Views
55
Current Estimated Value
$760,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,628
Avg. Annual Appreciation
-0.18%
Original Mortgage
$535,500
Outstanding Balance
$528,400
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$234,861

Purchase Details

Listed on
Aug 31, 2012
Closed on
Dec 27, 2012
Sold by
Stoneback Gertrude L
Bought by
Triggiani Stephanie and Davenport William Brent
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Michael Contino
BHHS FOX and ROACH-Simpson OC
List Price
$344,000
Sold Price
$344,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jan 15, 1997
Sold by
Mackenzie John U
Bought by
Stonelback Gertrude K
Source: Public Records

Range of Values:

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Average Value
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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
Coppola Giuseppe $765,000 Foundation Title
Triggiani Stephanie $344,000 Chicago Title
Stonelback Gertrude K $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coppola Giuseppe $87,000
Open Coppola Giuseppe $535,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $765,000 -1.8% --
03/22/2024 03/22/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $779,000 -0.1% --
02/21/2024 02/21/24 For Sale $779,900 +126.7% --
01/28/2013 01/28/13 Sold $344,000 0.0% --
09/27/2012 09/27/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $344,000 -- --
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 $4,128 $378,200 $208,800 $169,400
2024 $4,128 $367,900 $208,800 $159,100
2023 $3,940 $367,900 $208,800 $159,100
2022 $3,786 $367,900 $208,800 $159,100
2021 $3,558 $367,900 $208,800 $159,100
2020 $3,598 $367,900 $208,800 $159,100
2019 $3,558 $367,900 $208,800 $159,100
2018 $3,524 $367,900 $208,800 $159,100
2017 $3,469 $367,900 $208,800 $159,100
2016 $3,337 $367,900 $208,800 $159,100
2015 $3,293 $367,900 $208,800 $159,100
2014 $3,245 $367,900 $208,800 $159,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Contino

    Seller's Agent in 2024

    Michael Contino

    BHHS Fox & Roach

    (609) 335-9100

    375 in this area

    433 Total Sales

    Section Image
  • Joe Penzone

    Buyer's Agent in 2024

    Joe Penzone

    Penzone Realty

    (610) 608-7980

    2 in this area

    42 Total Sales

    Section Image
  • Robert Gullo

    Seller's Agent in 2013

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    184 in this area

    194 Total Sales

    Section Image
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About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 582430

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C318

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 318, Ocean City, NJ

This home is located at 935 Ocean Ave Unit 318, Ocean City, NJ 08226 since 21 February 2024 and is currently estimated at $763,261. This property was built in 1977. 935 Ocean Ave Unit 318 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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