NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 532 Ocean City, NJ 08226

Estimated Value: $543,000 - $585,000

2 Beds
1 Bath
-- Sq Ft
2.99 Acres

Last Sold December 15, 2023

Last sale price $500,000

Est. 13% increase in value since last sale

Current estimated payment $3,390/month

3 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Sauna
  • Ocean City Primary School Rated A
  • Deck
  • 3-minute walk to North Street Playground

About This Home

As of December 2023

Updated and upgraded! This 1BR condo was completely gutted and renovated to include a separate private den with a closet in addition to the private bedroom. Shows great with upgraded kitchen including beautiful glazed raised panel cabinets with soft close drawers, pantry, extra wide crown molding, granite counters, modern glass tiled back splash and stainless-steel appliances. Bath includes granite vanity top, spacious walk-in shower with gorgeous ceramic tile from floor to ceiling. This incredible condo comes complete with designer furnishings, blinds, appliances including washer/dryer, private outdoor balcony and a peak of the ocean. Why pay two-bedroom condo fees? Condo fee are charged as a 1BR. Amenities include heated pool, game room, community room, fitness center, sauna, sports court and dynamite boardwalk location. Parking Space #60, Storage locker #82. Please see Agent Remarks.

Last Agent to Sell the Property

Robert Gullo

Fox Real Estate-Ocean Listed on: 11/02/2023

Last Buyer's Agent

Adam D'Annunzio

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,659

Lot Details

  • 2.99

Parking

  • 1 Parking Space

Interior Spaces

  • Furnished
  • Blinds
  • Entrance Foyer
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Sauna
  • 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

$3,659

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 11/02/2023
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Playground, Pool, Sauna, Security, Storage Facility

Exterior Features

  • Siding Exterior: Masonry/Block

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: 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, Pool
  • Condo Name: Ocean Colony
  • Management: On-Site Professionals

Lot Info

  • Location: Boardwalk Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 13, 2023
Sold by
Pezzano Joseph and Pezzano Paula
Bought by
Smith Roy A and Smith Janice C
Seller's Agent
Robert Gullo
Fox Real Estate-Ocean
Buyer's Agent
Adam D'Annunzio
Keller Williams Realty Jersey Shore-Ocean City
List Price
$529,900
Sold Price
$500,000
Premium/Discount to List
-$29,900
-5.64%
Views
91
Current Estimated Value
$566,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,276
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
May 4, 2022
Sold by
Pezzano Joseph and Pezzano Paula
Bought by
Pezzano Paula

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 22, 2021
Sold by
Cook and Jerry
Bought by
Pezzano Joseph and Pezzano Paula
Seller's Agent
Justin Veasey
KW Empower Real Estate
Buyer's Agent
Robert Gullo
Fox Real Estate-Ocean
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 21, 2012
Sold by
Traynor Donald L and Traynor Marilee
Bought by
Cook Darleen
Seller's Agent
Jessee Briglia
Fox Real Estate-Ocean
Buyer's Agent
NANCY RAUSCH
Fox Real Estate - Beachwatch
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
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
Smith Roy A $500,000 Surety Title
Pezzano Paula -- --
Pezzano Joseph -- --
Pezzano Joseph $465,000 Surety Title
Cook Darleen $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Jerry $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $500,000 -5.6% --
11/05/2023 11/05/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $529,900 +14.0% --
10/28/2021 10/28/21 Sold $465,000 -3.1% --
09/24/2021 09/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $479,900 +92.0% --
12/24/2012 12/24/12 Sold $250,000 0.0% --
12/02/2012 12/02/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $250,000 -- --
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 $3,659 $326,100 $153,400 $172,700
2024 $3,659 $326,100 $153,400 $172,700
2023 $3,493 $326,100 $153,400 $172,700
2022 $3,356 $326,100 $153,400 $172,700
2021 $1,863 $249,700 $153,400 $96,300
2020 $2,442 $249,700 $153,400 $96,300
2019 $2,415 $249,700 $153,400 $96,300
2018 $2,392 $249,700 $153,400 $96,300
2017 $2,355 $249,700 $153,400 $96,300
2016 $2,265 $249,700 $153,400 $96,300
2015 $2,235 $249,700 $153,400 $96,300
2014 $2,202 $249,700 $153,400 $96,300
Source: Public Records

Agents Affiliated with this Home

  • Robert Gullo

    Seller's Agent in 2023

    Robert Gullo

    Fox Real Estate-Ocean

    (856) 305-2091

    184 in this area

    194 Total Sales

    Robert Gullo
    Section Image
  • Adam D'Annunzio

    Buyer's Agent in 2023

    Adam D'Annunzio

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 225-4975

    59 in this area

    139 Total Sales

    Adam D'Annunzio
    Section Image

  • J

    Seller's Agent in 2021

    Justin Veasey

    KW Empower Real Estate

    Section Image
  • Jessee Briglia

    Seller's Agent in 2012

    Jessee Briglia

    Fox Real Estate-Ocean

    (609) 442-9840

    24 in this area

    30 Total Sales

    Jessee Briglia
    Section Image

  • N

    Buyer's Agent in 2012

    NANCY RAUSCH

    Fox Real Estate - Beachwatch

    (609) 214-5522

    6 in this area

    7 Total Sales

    NANCY RAUSCH
    Section Image
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About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 579349

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C532

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 532, Ocean City, NJ

This home is located at 935 Ocean Ave Unit 532, Ocean City, NJ 08226 since 02 November 2023 and is currently estimated at $566,276. 935 Ocean Ave Unit 532 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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