231 W Inlet Rd Ocean City, NJ 08226
Estimated Value: $1,273,334 - $1,919,000
--
Bed
--
Bath
1,921
Sq Ft
$757/Sq Ft
Est. Value
About This Home
This home is located at 231 W Inlet Rd, Ocean City, NJ 08226 and is currently estimated at $1,454,334, approximately $757 per square foot. 231 W Inlet 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
Sep 15, 2017
Sold by
Deming Lawrence M and Deming Shirley M
Bought by
Gray Jeffrey N and Gray Pamela S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 1990
Sold by
Loeper Simmitt J and Loeper Marjorie S
Bought by
Good Lawrence R and Good Joan M
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gray Jeffrey N | $560,000 | The Title Company Of Jersey | |
Good Lawrence R | $185,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gray Jeffrey N | $430,000 | |
Closed | Gray Jeffrey N | $392,000 | |
Previous Owner | Deming Shirley M | $50,000 | |
Previous Owner | Deming Lawrence M | $50,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,333 | $564,400 | $366,400 | $198,000 |
2024 | $6,333 | $564,400 | $366,400 | $198,000 |
2023 | $6,045 | $564,400 | $366,400 | $198,000 |
2022 | $5,669 | $550,900 | $366,400 | $184,500 |
2021 | $4,110 | $550,900 | $366,400 | $184,500 |
2020 | $5,388 | $550,900 | $366,400 | $184,500 |
2019 | $5,327 | $550,900 | $366,400 | $184,500 |
2018 | $5,278 | $550,900 | $366,400 | $184,500 |
2017 | $5,195 | $550,900 | $366,400 | $184,500 |
2016 | $4,997 | $550,900 | $366,400 | $184,500 |
2015 | $4,931 | $550,900 | $366,400 | $184,500 |
2014 | $4,859 | $550,900 | $366,400 | $184,500 |
Source: Public Records
Map
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