109 54th St Ocean City, NJ 08226
Estimated Value: $1,074,000 - $1,337,000
--
Bed
--
Bath
1,957
Sq Ft
$619/Sq Ft
Est. Value
About This Home
This home is located at 109 54th St, Ocean City, NJ 08226 and is currently estimated at $1,211,935, approximately $619 per square foot. 109 54th St 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
May 21, 2004
Sold by
Merk Property Investment Group Llc
Bought by
Young Louis J and Young Jacquelyn M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$134,780
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,077,155
Purchase Details
Closed on
Nov 19, 2003
Sold by
Herrmann William E
Bought by
Merk Property Investment Group
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.98%
Purchase Details
Closed on
Nov 14, 2003
Sold by
Bell Richard W
Bought by
Troilo Craig and Troilo Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.98%
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 |
---|---|---|---|
Young Louis J | $570,000 | Shore Title Agency Inc | |
Merk Property Investment Group | $360,000 | -- | |
Troilo Craig | $515,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Young Louis J | $280,000 | |
Previous Owner | Merk Property Investment Group | $380,000 |
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 | $6,842 | $609,800 | $333,300 | $276,500 |
2024 | $6,842 | $609,800 | $333,300 | $276,500 |
2023 | $6,531 | $609,800 | $333,300 | $276,500 |
2022 | $6,275 | $609,800 | $333,300 | $276,500 |
2021 | $6,128 | $609,800 | $333,300 | $276,500 |
2020 | $5,964 | $609,800 | $333,300 | $276,500 |
2019 | $5,897 | $609,800 | $333,300 | $276,500 |
2018 | $5,506 | $574,700 | $333,300 | $241,400 |
2017 | $5,419 | $574,700 | $333,300 | $241,400 |
2016 | $5,213 | $574,700 | $333,300 | $241,400 |
2015 | $5,144 | $574,700 | $333,300 | $241,400 |
2014 | $5,069 | $574,700 | $333,300 | $241,400 |
Source: Public Records
Map
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