NOT LISTED FOR SALE

222 Ocean Rd Ocean City, NJ 08226

Estimated Value: $4,660,307 - $6,172,000

7 Beds
7 Baths
4,517 Sq Ft
$1,152/Sq Ft Est. Value

About This Home

This home is located at 222 Ocean Rd, Ocean City, NJ 08226 and is currently estimated at $5,202,769, approximately $1,151 per square foot. 222 Ocean Rd 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
Jun 11, 2018
Sold by
Harp Betty A
Bought by
Bergen Robin M and Hackett Jannie
Current Estimated Value
$5,202,769

Purchase Details

Closed on
Jun 24, 2011
Sold by
Bisirri Ralph and Bisirri Roseanne
Bought by
Harp Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2009
Sold by
Janowski Mitchell J and Janowski Yvonne
Bought by
Bisirri Ralph and Bisirri Roseann

Purchase Details

Closed on
Dec 19, 2008
Sold by
Jones Robert S and Jones Deborah J
Bought by
Janowski Mitchell J and Janowski Yvonne

Purchase Details

Closed on
Dec 27, 2007
Sold by
Palomba George V and Palomba June M
Bought by
Jones Robert S and Jones Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Spe Palomba Llc
Bought by
Palomba George V and Palomba June M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bergen Robin M $3,000,000 --
Harp Betty Ann $2,250,000 North American Title Agency
Bisirri Ralph $1,100,000 The Title Company Of Jersey
Janowski Mitchell J $1,500,000 None Available
Jones Robert S $1,500,000 Commonwealth Land Title Insu
Palomba George V $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harp Betty Ann $1,000,000
Previous Owner Jones Robert S $1,200,000
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 $24,248 $2,161,100 $911,100 $1,250,000
2024 $24,248 $2,161,100 $911,100 $1,250,000
2023 $23,145 $2,161,100 $911,100 $1,250,000
2022 $22,238 $2,161,100 $911,100 $1,250,000
2021 $16,122 $2,161,100 $911,100 $1,250,000
2020 $21,136 $2,161,100 $911,100 $1,250,000
2019 $20,898 $2,161,100 $911,100 $1,250,000
2018 $20,703 $2,161,100 $911,100 $1,250,000
2017 $20,379 $2,161,100 $911,100 $1,250,000
2016 $19,601 $2,161,100 $911,100 $1,250,000
2015 $19,342 $2,161,100 $911,100 $1,250,000
2014 $19,061 $2,161,100 $911,100 $1,250,000
Source: Public Records

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