NOT LISTED FOR SALE

227 Ocean Ave Ocean City, NJ 08226

Estimated Value: $1,014,024 - $3,560,000

Studio
-- Bath
2,106 Sq Ft
$1,086/Sq Ft Est. Value

About This Home

This home is located at 227 Ocean Ave, Ocean City, NJ 08226 and is currently estimated at $2,287,012, approximately $1,085 per square foot. 227 Ocean 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
Nov 30, 2023
Sold by
Oceans Tide Llc
Bought by
V2 Properties Entity 7 Llc
Current Estimated Value
$2,287,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Outstanding Balance
$837,770
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,449,242

Purchase Details

Closed on
Oct 16, 2023
Sold by
Patrick Patricia M
Bought by
Oceans Tide Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Outstanding Balance
$837,770
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,449,242

Purchase Details

Closed on
Sep 9, 2022
Sold by
Patrick John J
Bought by
Patrick Patricia M

Purchase Details

Closed on
Apr 19, 1991
Sold by
Beck Robert C
Bought by
Patrick John J and Patrick Ann M

Purchase Details

Closed on
Nov 17, 1988
Sold by
Beck Robert
Bought by
Clements Robert and Clements Myra

Purchase Details

Closed on
Mar 21, 1977
Sold by
Beck Robert C and Beck Charlene
Bought by
Beck Robert C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
V2 Properties Entity 7 Llc $1,225,000 Title Company Of Jersey
V2 Properties Entity 7 Llc $1,225,000 Title Company Of Jersey
Oceans Tide Llc $910,000 Title Company Of Jersey
Oceans Tide Llc $910,000 Title Company Of Jersey
Patrick Patricia M -- --
Patrick John J $153,500 --
Patrick John J $153,500 --
Clements Robert -- --
Beck Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open V2 Properties Entity 7 Llc $857,500
Closed V2 Properties Entity 7 Llc $857,500
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 $5,768 $431,900 $431,900 --
2024 $5,768 $514,100 $431,900 $82,200
2023 $5,506 $514,100 $431,900 $82,200
2022 $5,290 $514,100 $431,900 $82,200
2021 $5,167 $514,100 $431,900 $82,200
2020 $5,028 $514,100 $431,900 $82,200
2019 $4,971 $514,100 $431,900 $82,200
2018 $4,925 $514,100 $431,900 $82,200
2017 $4,848 $514,100 $431,900 $82,200
2016 $4,663 $514,100 $431,900 $82,200
2015 $4,601 $514,100 $431,900 $82,200
2014 $4,534 $514,100 $431,900 $82,200
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

227 Ocean Ave, Ocean City, NJ

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