Check Availability

945 Asbury Avenue

945 Asbury Avenue, Ocean City, NJ 08226
Property in Ocean City
1 Units For Sale
Unit for sale at 945 Asbury Ave, Ocean City, NJ 08226

$320,000

  • Commercial
945 Asbury Ave, Ocean City, NJ 08226 Listing by Christopher Monihan

Local assessors in Ocean City, NJ have categorized 945 Asbury Avenue as a commercial type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 1,799 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 180 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 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 brick control joints. Lots of brick were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 945 Asbury Avenue sold most recently in Jun 1, 2006 for a total of $620,000. If you work out the math, that's approximately a cost of $204.89 per sqft. Before that, the property was also sold for $400,000 in Jun 2, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,199 in taxes each year. 945 Asbury Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $392,100. If we break it down further, the land itself was valued at $207,000. Improvements to the property, however, were assessed at a total of $185,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230731
07/31/2023
Loft
-
-
$995,000
bedrooms
Loft
bathrooms
-
-
-
-
Christopher Monihan
Monihan Realthy, Inc.
20230801 Unit 2
08/01/2023
2
3 Bed
2 Bath
-
$675,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
-
Christopher Monihan
Monihan Realthy, Inc.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,799
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 180
  • Total Building Area: 3,026
  • Gross Building Area: 3,026
  • Building Area: 3,026
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.041
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ADDITIONAL LOTS: OB904 L552B

Ownership

  • Current Owner : FULGINITI ANTHONY J
  • Current Owner 2: FULGINITI RITA MARIE
  • Previous Owner : STERNBERG WILLIAM
  • Owner Before Previous Owner: BIZARRE BAZAAR INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 13
  • District: 08
  • Parcel: 08 00904-0000-00008
  • Block: 904
  • Lot: 8
  • Municipality: OCEAN CITY CITY
  • Latitude: 39.2779
  • Longitude: -74.577

    Address

  • Full Address: 945 Asbury Ave
  • Address - House Number: 945
  • Address - Street Name: Asbury
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ocean City
  • Carrier Code: C006
  • 4-Digit Zip Code: 3535
  • Zip Code: 08226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,199

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: OCEAN CITY HOME BANK
  • First Open Lien Mortgage Recording Date: Mar 23, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $582,875
  • Market Land Value: $307,715
  • Market Improvement Value: $275,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,100
  • Assessed Land Value: $207,000
  • Assessed Improvements Value: $185,100

    Sales

  • Current Sale Contract Date: Jun 01, 2006
  • Current Sale Recording Date: Jun 07, 2006
  • Current Sale Transaction ID: 11476027739
  • Current Sale Price: $620,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0026
  • Previous Sale Recording Date: Jun 10, 2004
  • Previous Sale Contract Date: Jun 02, 2004
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CREST SAVINGS BANK
  • First Mortgage Transaction Date: Jun 07, 2006
  • First Mortgage Loan Amount: $496,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: KEN WILLIAMSON
  • Previous Mortgage Transaction Date: Jun 10, 2004
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2007

About Ocean City



Similar Buildings

Property at 945 Asbury Avenue,

921 Asbury Avenue

  • 1 Unit for Sale
  • 2 Stories
921 Asbury Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

900 Wesley Avenue

  • 1 Unit for Sale
900 Wesley Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

1004 Asbury Avenue

  • 1 Unit for Sale
1004 Asbury Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

910 Ocean Avenue

  • 1 Unit for Sale
  • 2 Stories
910 Ocean Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

928 Haven Avenue

  • 1 Unit for Sale
  • 1 Story
928 Haven Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

1009 Wesley Avenue

  • 3 Units for Sale
1009 Wesley Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

840 Ocean Avenue

  • 3 Units for Sale
840 Ocean Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

1004 Ocean Avenue

  • 1 Unit for Sale
  • 3 Stories
1004 Ocean Avenue, Ocean City, NJ 08226
Property at 945 Asbury Avenue,

701 East 10th Street

  • 1 Unit for Sale
  • 2 Stories
701 East 10th Street, Ocean City, NJ 08226

Nearby Rentals

Unit for rent at 1335 Simpson Ave, OCEAN CITY, NJ, 08226

$8,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,808 ft²
1335 Simpson Ave, OCEAN CITY, NJ, 08226 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 945 Asbury Avenue located in?
The 945 Asbury Avenue is a located in the neighborhood of Ocean City in Ocean City, Ocean City.
How many listings are currently for sale in 945 Asbury Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 945 Asbury Avenue?
The average sales price for units in 945 Asbury Avenue is $320,000 currently.

Quantcast