NOT LISTED FOR SALE

1 Mercer Place Ocean City, NJ 08226

Estimated Value: $347,000 - $531,000

-- Bed
-- Bath
784 Sq Ft
$525/Sq Ft Est. Value

About This Home

This home is located at 1 Mercer Place, Ocean City, NJ 08226 and is currently estimated at $411,951, approximately $525 per square foot. 1 Mercer Place 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Choudhry Zubair H
Bought by
Choudhry Zubair H and Matloob Uzma
Current Estimated Value
$411,951

Purchase Details

Closed on
Nov 30, 2006
Sold by
Salvadore Donna
Bought by
Choudhry Zubair H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 29, 1999
Sold by
Wing Norma
Bought by
Salvatore Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.85%

Purchase Details

Closed on
Oct 26, 1998
Sold by
Wilshire Funding Corp
Bought by
Wing Norma

Purchase Details

Closed on
Oct 24, 1988
Sold by
Hill Linda
Bought by
Lyles Velma
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Choudhry Zubair H -- None Listed On Document
Choudhry Zubair H -- None Listed On Document
Choudhry Zubair H $210,000 Congress Title Company
Salvatore Donna $50,000 --
Wing Norma $22,550 --
Lyles Velma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choudhry Zubair H $42,000
Previous Owner Choudhry Zubair H $168,000
Previous Owner Salvatore Donna $50,000
Source: Public Records

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 $1,726 $153,800 $108,300 $45,500
2024 $1,726 $153,800 $108,300 $45,500
2023 $1,647 $153,800 $108,300 $45,500
2022 $1,583 $153,800 $108,300 $45,500
2021 $1,147 $153,800 $108,300 $45,500
2020 $1,504 $153,800 $108,300 $45,500
2019 $1,487 $153,800 $108,300 $45,500
2018 $1,473 $153,800 $108,300 $45,500
2017 $1,450 $153,800 $108,300 $45,500
2016 $1,395 $153,800 $108,300 $45,500
2015 $1,377 $153,800 $108,300 $45,500
2014 $1,357 $140,100 $108,300 $31,800
Source: Public Records

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