NOT LISTED FOR SALE

Ocean Colony 935 Ocean Ave Unit 622 Ocean City, NJ 08226

Estimated Value: $532,000 - $691,000

2 Beds
1.5 Baths
-- Sq Ft
2.99 Acres

Last Sold August 09, 2021

Last sale price $495,000

Est. 24% increase in value since last sale

Current estimated payment $3,565/month

Highlights

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

About This Home

As of August 2021

Enjoy endless sunsets & ocean views from this NEWLY RENOVATED SOUTH FACING UNIT. This unit features 2 bedrooms, 1 full bath and a 1/2 bath in the Master. Renovations include new open concept living & kitchen with stainless steel appliances, granite countertops, tiled back-splash, large island with lots of counter space and extra storage. Luxury vinyl engineered hardwood bamboo flooring throughout, living area and bath, new carpets in bedrooms, crown molding and more! All new full bath and half bath including large walk-in shower with ceramic tile walls and granite vanity top. Ocean Colony features elevators, an adult heated pool and a baby pool, poolside cabanas with full baths and hot water showers, direct private boardwalk/beach access, and an expansive recreation deck with a gazebo, full basketball court, shuffleboard, deck tennis, and more!

Last Agent to Sell the Property

ELIZABETH LOMBARD

BHHS FOX and ROACH-West Ave OC Listed on: 07/13/2021

BHHS FOX and ROACH-West Ave OC

Co-Listed By

Patrick Halliday

BHHS FOX and ROACH-West Ave OC

Last Buyer's Agent

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1977

Lot Details

  • 2.99

Parking

  • 1 Parking Space

Interior Spaces

  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Electric Water Heater
  • Fuel Tank Located in Basement

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

$3,870

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 07/13/2021
  • Year Built: 1977
  • Age: 25+ Years
  • 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
  • Half Bathrooms: 1
  • Common Area Features: Clubhouse/Clubroom, 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: Tank In Basement
  • 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 Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Smith Susanne G
Bought by
Smith Joanna C
Current Estimated Value
$613,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$246,434
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$366,865

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 9, 2021
Sold by
Nichols James M and Nichols Kathleen M
Bought by
Smith Susanne G
Seller's Agent
ELIZABETH LOMBARD
BHHS FOX and ROACH-West Ave OC
Buyer's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Jan 26, 2021
Sold by
622 Colony Club Llc
Bought by
Nichols James and Nichols Kathleen M

Purchase Details

Closed on
Oct 6, 2019
Sold by
Direnzo Vincent D
Bought by
622 Colony Club Llc

Purchase Details

Closed on
Oct 18, 2011
Sold by
Direnzo Vincent D and The Estate Of Joan M Direnzo
Bought by
Direnzo Vincent D
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
Smith Joanna C $595,000 Trident Land Transfer
Smith Joanna C $595,000 Trident Land Transfer
Smith Susanne G $495,000 Surety Title
Nichols James -- None Available
622 Colony Club Llc $220,000 --
Direnzo Vincent D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Joanna C $250,000
Closed Smith Joanna C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $495,000 +4.2% --
07/20/2021 07/20/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $475,000 -- --
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 $3,870 $344,900 $163,400 $181,500
2024 $3,870 $344,900 $163,400 $181,500
2023 $3,694 $344,900 $163,400 $181,500
2022 $3,549 $344,900 $163,400 $181,500
2021 $2,444 $275,500 $163,400 $112,100
2020 $2,444 $275,500 $163,400 $112,100
2019 $2,414 $275,500 $163,400 $112,100
2018 $2,389 $275,500 $163,400 $112,100
2017 $2,348 $275,500 $163,400 $112,100
2016 $2,249 $275,500 $163,400 $112,100
2015 $2,216 $275,500 $163,400 $112,100
2014 $2,180 $275,500 $163,400 $112,100
Source: Public Records

Agents Affiliated with this Home

  • ELIZABETH LOMBARD

    Seller's Agent in 2021

    ELIZABETH LOMBARD

    BHHS Fox & Roach

    (609) 675-8085

    12 in this area

    60 Total Sales

    ELIZABETH LOMBARD
    Section Image
  • Patrick Halliday

    Seller Co-Listing Agent in 2021

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    217 in this area

    366 Total Sales

    Patrick Halliday
    Section Image
  • Dorothy Phillips

    Buyer's Agent in 2021

    Dorothy Phillips

    BHHS Fox & Roach

    (609) 398-9100

    187 in this area

    274 Total Sales

    Dorothy Phillips
    Section Image
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About Ocean Colony

Map

Source: South Jersey Shore Regional MLS

MLS Number: 553009

South Jersey Shore Regional MLS

APN: 08-00901-0000-00023-0000-C622

New Jersey Cape May County Ocean City 08226

935 Ocean Ave Unit 622, Ocean City, NJ

This home is located at 935 Ocean Ave Unit 622, Ocean City, NJ 08226 since 13 July 2021 and is currently estimated at $613,299. This property was built in 1977. 935 Ocean Ave Unit 622 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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