NOT LISTED FOR SALE

1612 Pleasure Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $1,597,684 - $1,907,000

3 Beds
2 Baths
1,267 Sq Ft
$1,403/Sq Ft Est. Value

About This Home

This home is located at 1612 Pleasure Ave Unit 1st Floor, Ocean City, NJ 08226 and is currently estimated at $1,778,171, approximately $1,403 per square foot. 1612 Pleasure Ave Unit 1st Floor 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
Aug 4, 2023
Sold by
Caruso Matthew and Caruso Tina
Bought by
Millard Jamie and Shooks Jamie
Current Estimated Value
$1,778,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,208,000
Outstanding Balance
$1,179,958
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$598,213

Purchase Details

Closed on
Sep 8, 2017
Sold by
Schuind Anne
Bought by
Caruso Matthew and Caruso Tina

Purchase Details

Closed on
Jun 27, 2008
Sold by
Mangos George J
Bought by
Schuind Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1993
Sold by
Ferry John S and Ferry Dennis C
Bought by
Mangos George J

Purchase Details

Closed on
Apr 11, 1990
Sold by
Denney-Ferry Assoc
Bought by
Ferry John S and Ferry Dennis C
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
Millard Jamie $1,510,000 None Listed On Document
Millard Jamie $1,510,000 None Listed On Document
Caruso Matthew $668,000 None Available
Schuind Anne $860,000 None Available
Mangos George J $275,000 --
Ferry John S $312,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millard Jamie $1,208,000
Closed Millard Jamie $1,208,000
Previous Owner Schuind Anne $225,000
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 $9,039 $805,600 $555,100 $250,500
2024 $9,039 $805,600 $555,100 $250,500
2023 $7,689 $717,900 $555,100 $162,800
2022 $7,387 $717,900 $555,100 $162,800
2021 $7,215 $717,900 $555,100 $162,800
2020 $7,021 $717,900 $555,100 $162,800
2019 $6,942 $717,900 $555,100 $162,800
2018 $6,877 $717,900 $555,100 $162,800
2017 $6,770 $717,900 $555,100 $162,800
2016 $6,511 $717,900 $555,100 $162,800
2015 $6,425 $717,900 $555,100 $162,800
2014 $6,332 $717,900 $555,100 $162,800
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

1612 Pleasure Ave Unit 1st Floor, Ocean City, NJ

This home is located at 1612 Pleasure Ave Unit 1st Floor, Ocean City, NJ 08226 and is currently estimated at $1,778,171, approximately $1,403 per square foot. 1612 Pleasure Ave Unit 1st Floor 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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