NOT LISTED FOR SALE

2040 Central Ave Unit 1st Floor Ocean City, NJ 08226

Estimated Value: $1,377,981 - $1,562,000

4 Beds
2 Baths
1,601 Sq Ft
$920/Sq Ft Est. Value

About This Home

This home is located at 2040 Central Ave Unit 1st Floor, Ocean City, NJ 08226 and is currently estimated at $1,472,995, approximately $920 per square foot. 2040 Central 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
Mar 12, 2014
Sold by
Oehlert R James
Bought by
Weaver A Dale and Weaver Wendy S
Current Estimated Value
$1,472,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$408,495
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$1,088,312

Purchase Details

Closed on
Oct 6, 2000
Sold by
Rossi James M
Bought by
Oehlert R James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.89%
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
Weaver A Dale $670,000 Freedom Title & Abstract Com
Oehlert R James $420,000 --
Oehlert R James $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver A Dale $536,000
Previous Owner Oehlert R James $100,000
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 $7,179 $639,800 $343,900 $295,900
2024 $7,179 $639,800 $343,900 $295,900
2023 $6,852 $639,800 $343,900 $295,900
2022 $6,584 $639,800 $343,900 $295,900
2021 $4,773 $639,800 $343,900 $295,900
2020 $6,257 $639,800 $343,900 $295,900
2019 $6,187 $639,800 $343,900 $295,900
2018 $6,129 $639,800 $343,900 $295,900
2017 $6,033 $639,800 $343,900 $295,900
2016 $5,803 $639,800 $343,900 $295,900
2015 $5,726 $639,800 $343,900 $295,900
2014 $5,643 $639,800 $343,900 $295,900
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

2040 Central Ave Unit 1st Floor, Ocean City, NJ

This home is located at 2040 Central Ave Unit 1st Floor, Ocean City, NJ 08226 and is currently estimated at $1,472,995, approximately $920 per square foot. 2040 Central 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.

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