NOT LISTED FOR SALE

1560 Asbury Ave Unit 62 Ocean City, NJ 08226

Estimated Value: $1,179,000 - $1,590,000

-- Bed
-- Bath
1,400 Sq Ft
$967/Sq Ft Est. Value

About This Home

This home is located at 1560 Asbury Ave Unit 62, Ocean City, NJ 08226 and is currently estimated at $1,354,383, approximately $967 per square foot. 1560 Asbury Ave Unit 62 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 16, 2022
Sold by
Dnw Group Llc
Bought by
Hancock Dennis P and Hancock Chrstine M
Current Estimated Value
$1,354,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,116,000
Outstanding Balance
$1,060,648
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$293,735

Purchase Details

Closed on
Sep 23, 2021
Sold by
Borger Dennis J and Borger Margaret M
Bought by
Dnw Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2020
Sold by
Exadaktilos Anthony and Exadaktilos Frances
Bought by
Borger Dennis J and Borger Margaret M

Purchase Details

Closed on
Apr 21, 2005
Sold by
Exadaktilos Anthony and Exadaktilos Frances
Bought by
Exadaktilos Anthony and Exadaktilos Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hancock Dennis P $1,395,000 Dougherty Joseph R
Dnw Group Llc $849,900 Title Company Of Jersey
Borger Dennis J $740,000 Misc Company
Exadaktilos Anthony -- Regional Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Dennis P $1,116,000
Previous Owner Dnw Group Llc $637,400
Previous Owner Exadaktilos Anthony $400,000
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 $8,691 $774,600 $338,000 $436,600
2024 $8,691 $774,600 $338,000 $436,600
2023 $8,296 $774,600 $338,000 $436,600
2022 $6,613 $642,700 $338,000 $304,700
2021 $4,795 $642,700 $338,000 $304,700
2020 $6,286 $642,700 $338,000 $304,700
2019 $6,215 $642,700 $338,000 $304,700
2018 $6,157 $642,700 $338,000 $304,700
2017 $6,061 $642,700 $338,000 $304,700
2016 $5,829 $642,700 $338,000 $304,700
2015 $5,752 $642,700 $338,000 $304,700
2014 $5,669 $642,700 $338,000 $304,700
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

1560 Asbury Ave Unit 62, Ocean City, NJ

This home is located at 1560 Asbury Ave Unit 62, Ocean City, NJ 08226 and is currently estimated at $1,354,383, approximately $967 per square foot. 1560 Asbury Ave Unit 62 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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