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1343 West Avenue

1343 West Avenue, Ocean City, NJ 08226
Multifamily in Ocean City
Local assessors in Ocean City, NJ have categorized 1343 West Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 2,701 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 300 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1343 West Avenue has a total of 1,232 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1343 West Avenue was last sold in Nov 10, 2021 for $655,000. According to our calculations, that's $531.66 per sqft. Prior to that sales transaction, the property was sold for $530,000 in Jan 27, 2020. Current property owners are expected to pay $3,755 in taxes per year. The property on 1343 West Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $350,600. To break that down further, the land itself was valued at $211,200. While improvements to the property were assessed at a total of $139,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
Wood Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200730
07/30/2020
4 Bed
2 Bath
-
$749,900
bedrooms
4 Bed
bathrooms
2 Bath
-
-
-
-
20190921 Unit 2
09/21/2019
2
2 Bed
1 Bath
-
$349,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
-
20190603
06/03/2019
4 Bed
2 Bath
-
$619,900
bedrooms
4 Bed
bathrooms
2 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,701
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OB1305 L455

Ownership

  • Current Owner : LEVINE HENRY
  • Current Owner 2: LEVINE FRANCINE
  • Previous Owner : PALOMBO DANIEL
  • Previous Owner 2: NEVILLE DAVID
  • Owner Before Previous Owner: CHORIW GROGE
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Ocean City School District
  • Census Tract: 020102

Zoning

  • Zoning: DB

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 08
  • Parcel: 08 01305-0000-00007
  • Block: 1305
  • Lot: 7
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2743
  • Longitude: -74.5835

    Address

  • Full Address: 1343 West Ave
  • Address - House Number: 1343
  • Address - Street Name: West
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C022
  • 4-Digit Zip Code: 3267
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,755

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 810,393
  • High Value: 1,016,570
  • Low Value: 604,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $491,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $521,184
  • Market Land Value: $313,959
  • Market Improvement Value: $207,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,600
  • Assessed Land Value: $211,200
  • Assessed Improvements Value: $139,400

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11875830773
  • Current Sale Price: $655,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021054084
  • Previous Sale Recording Date: Feb 20, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $491,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF ELMER
  • Previous Mortgage Transaction Date: Feb 20, 2020
  • Previous Mortgage Loan Amount: $397,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Ocean City



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Unit for rent at 810 Asbury Ave, Ocean City, NJ, 08226

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Unit for rent at 941 Pleasure Ave, Ocean City, NJ, 08244

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Unit for rent at 16 W 11th Street, Ocean City, NJ, 08226

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Frequently Asked Questions

What neighborhood is 1343 West Avenue located in?
The 1343 West Avenue is a multifamily located in the neighborhood of Ocean City in Ocean City, Ocean City.
What is the average sales price for listings in 1343 West Avenue?
The average sales price for units in 1343 West Avenue is $0 currently.

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