NOT LISTED FOR SALE

2005 Bay Ave Ocean City, NJ 08226

Estimated Value: $1,766,000 - $3,129,193

5 Beds
4 Baths
4,112 Sq Ft
$595/Sq Ft Est. Value

About This Home

This home is located at 2005 Bay Ave, Ocean City, NJ 08226 and is currently estimated at $2,446,798, approximately $595 per square foot. 2005 Bay Ave 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
Jul 14, 2011
Sold by
Anderson Albert R and Anderson Donna
Bought by
Rearden Michael and Rearden Lisa
Current Estimated Value
$2,446,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Molfetta Ld Llc
Bought by
Anderson Albert R and Anderson Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2002
Sold by
Raymond Anna L
Bought by
Molfetta Ld Llc & Brn Ld Lp
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
Rearden Michael $925,000 Freedom Title & Abstract Com
Anderson Albert R $1,275,000 --
Anderson Albert R $1,275,000 --
Molfetta Ld Llc & Brn Ld Lp $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rearden Michael $693,750
Previous Owner Anderson Albert R $500,000
Closed Anderson Albert R $350,000
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 $10,304 $918,400 $376,300 $542,100
2024 $10,304 $918,400 $376,300 $542,100
2023 $9,836 $918,400 $376,300 $542,100
2022 $9,450 $918,400 $376,300 $542,100
2021 $6,851 $918,400 $376,300 $542,100
2020 $8,982 $918,400 $376,300 $542,100
2019 $8,881 $918,400 $376,300 $542,100
2018 $8,798 $918,400 $376,300 $542,100
2017 $8,661 $918,400 $376,300 $542,100
2016 $8,330 $918,400 $376,300 $542,100
2015 $8,220 $918,400 $376,300 $542,100
2014 $8,100 $918,400 $376,300 $542,100
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

2005 Bay Ave, Ocean City, NJ

This home is located at 2005 Bay Ave, Ocean City, NJ 08226 and is currently estimated at $2,446,798, approximately $595 per square foot. 2005 Bay Ave 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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