NOT LISTED FOR SALE

1560 Asbury Ave Unit 62 Ocean City, NJ 08226

Estimated Value: $1,079,000 - $1,261,811

-- Bed
-- Bath
1,400 Sq Ft
$856/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 $1,197,703, approximately $855 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
Sep 22, 2025
Sold by
Tedesco Nicholas F and Tedesco Linda Y
Bought by
Worthington Mark J and Worthington Christina
Current Estimated Value
$1,197,703

Purchase Details

Closed on
Sep 23, 2020
Sold by
Driscoll Martha B
Bought by
Tedesco Nicholas F and Tedesco Linda Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2013
Sold by
Drucker Allen W and Drucker Carol A
Bought by
Dabagian Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2007
Sold by
Riser James R and Riser Susan L
Bought by
Drucker Allen W and Drucker Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Moonlighting Llc
Bought by
Riser James R and Riser Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 16, 2004
Sold by
Tinari Andrew J
Bought by
Moonlighting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
6.33%
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
Worthington Mark J $1,250,000 Surety Title
Tedesco Nicholas F $679,000 Misc Company
Dabagian Martha $637,500 Freedom Title & Abstract Com
Drucker Allen W $643,000 Freedom Title & Abstract Com
Riser James R $820,000 The Title Company Of Jersey
Moonlighting Llc $585,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tedesco Nicholas F $230,000
Previous Owner Dabagian Martha $200,000
Previous Owner Drucker Allen W $417,000
Previous Owner Riser James R $650,000
Previous Owner Moonlighting Llc $526,500
Closed Riser James R $10,000
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 $6,991 $623,100 $338,000 $285,100
2024 $6,991 $623,100 $338,000 $285,100
2023 $6,673 $623,100 $338,000 $285,100
2022 $6,412 $623,100 $338,000 $285,100
2021 $4,648 $623,100 $338,000 $285,100
2020 $6,094 $623,100 $338,000 $285,100
2019 $6,025 $623,100 $338,000 $285,100
2018 $5,969 $623,100 $338,000 $285,100
2017 $5,876 $623,100 $338,000 $285,100
2016 $5,652 $623,100 $338,000 $285,100
2015 $5,577 $623,100 $338,000 $285,100
2014 $5,496 $623,100 $338,000 $285,100
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 $1,197,703, approximately $855 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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