NOT LISTED FOR SALE

11 Mercer Place Ocean City, NJ 08226

Estimated Value: $323,000 - $427,000

2 Beds
1 Bath
742 Sq Ft
$479/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $285,000 $384 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,978/month

14 Days on Market

About This Home

As of June 2023

This two story home is fee simple ownership & no HOA fees. Walking distance to downtown area. Recent upgrades to kitchen & bath. Lowest priced single in all of Ocean City & taxes only $1216 !!

Last Agent to Sell the Property

Tim McLaughlin

MONIHAN REALTY Listed on: 05/05/2023

Last Buyer's Agent

Robert Idell

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Lot Details

  • Lot Dimensions are 33 x 14

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 05/05/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Laminate Flooring
  • Interior Amenities: Smoke/Fire Alarm
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 33 x 14
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 10, 2023
Sold by
Gibbons Heidi R
Bought by
Brogan Robert
Seller's Agent
Tim McLaughlin
MONIHAN REALTY
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$309,000
Sold Price
$285,000
Premium/Discount to List
-$24,000
-7.77%
Views
157
Current Estimated Value
$355,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,669
Avg. Annual Appreciation
9.84%
Original Mortgage
$256,500
Outstanding Balance
$249,936
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$105,733

Purchase Details

Listed on
Aug 14, 2020
Closed on
Feb 1, 2021
Sold by
Davish Family Llc
Bought by
Gibbons Heidi R
Seller's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Denise Gibbons
NEW ERA REAL ESTATE-B
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$206,100
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 14, 2020
Closed on
Jan 27, 2021
Sold by
Davish Francis X and Davish Penelope J
Bought by
Davish Family Llc
Seller's Agent
Francis Davish
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Denise Gibbons
NEW ERA REAL ESTATE-B
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Davish Family Llc
Bought by
Davish Francis X and Davish Penelope J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.98%

Purchase Details

Closed on
May 25, 1995
Sold by
Kennedy Henry H
Bought by
Davish Francix X
Source: Public Records

Range of Values:

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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
Brogan Robert $285,000 Trident Land Transfer
Gibbons Heidi R $229,000 Misc Company
Davish Family Llc -- Misc Company
Davish Family Llc -- Title Company Of Jersey
Davish Francis X -- --
Davish Francix X $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brogan Robert $256,500
Previous Owner Gibbons Heidi R $206,100
Previous Owner Davish Francis X $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $285,000 -7.8% $384 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $309,000 +34.9% $416 / Sq Ft
02/01/2021 02/01/21 Sold $229,000 0.0% $309 / Sq Ft View Prior Sale
12/02/2020 12/02/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $229,000 -- $309 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $1,358 $121,000 $58,700 $62,300
2024 $1,358 $121,000 $58,700 $62,300
2023 $1,296 $121,000 $58,700 $62,300
2022 $1,245 $121,000 $58,700 $62,300
2021 $577 $77,400 $58,700 $18,700
2020 $757 $77,400 $58,700 $18,700
2019 $748 $77,400 $58,700 $18,700
2018 $741 $77,400 $58,700 $18,700
2017 $730 $77,400 $58,700 $18,700
2016 $702 $77,400 $58,700 $18,700
2015 $693 $77,400 $58,700 $18,700
2014 $683 $77,400 $58,700 $18,700
Source: Public Records

Agents Affiliated with this Home

  • Tim McLaughlin

    Seller's Agent in 2023

    Tim McLaughlin

    MONIHAN REALTY

    (609) 576-0002

    48 in this area

    62 Total Sales

    Tim McLaughlin
    Section Image
  • Robert Idell

    Buyer's Agent in 2023

    Robert Idell

    BHHS Fox & Roach

    (856) 207-1670

    63 in this area

    84 Total Sales

    Robert Idell
    Section Image
  • Francis Davish

    Seller's Agent in 2021

    Francis Davish

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 398-9912

    78 in this area

    122 Total Sales

    Francis Davish
    Section Image

  • D

    Buyer's Agent in 2021

    Denise Gibbons

    RE/MAX Platinum Properties

    (609) 335-6181

    1 in this area

    10 Total Sales

    Denise Gibbons
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573709

South Jersey Shore Regional MLS

APN: 08-00609-0000-00008

New Jersey Cape May County Ocean City 08226

11 Mercer Place, Ocean City, NJ

This home is located at 11 Mercer Place, Ocean City, NJ 08226 since 05 May 2023 and is currently estimated at $355,669, approximately $479 per square foot. 11 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.

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