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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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