NOT LISTED FOR SALE

2568 West Ave Unit 1st Ocean City, NJ 08226

Estimated Value: $776,000 - $1,005,000

3 Beds
2 Baths
1,144 Sq Ft
$778/Sq Ft Est. Value

About This Home

This home is located at 2568 West Ave Unit 1st, Ocean City, NJ 08226 and is currently estimated at $889,838, approximately $777 per square foot. 2568 West Ave Unit 1st 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
May 29, 2025
Sold by
Setley David M and Setley Gwendolyn A
Bought by
Cheeseman Keith and Cheeseman Kaitlyn M
Current Estimated Value
$889,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Outstanding Balance
$543,606
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$326,567

Purchase Details

Closed on
Dec 9, 2020
Sold by
Setley David M
Bought by
Setley David M and Setley Gwendolyn A

Purchase Details

Closed on
Apr 25, 2008
Sold by
Geiger David A and Geiger Marianne
Bought by
Tapper William T and Tapper Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Cheeseman Keith $795,000 Freedom Title
Cheeseman Keith $795,000 Freedom Title
Setley David M -- None Available
Tapper William T $460,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheeseman Keith $545,000
Closed Cheeseman Keith $545,000
Previous Owner Tapper William T $368,000
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 $4,717 $420,400 $217,500 $202,900
2024 $4,717 $420,400 $217,500 $202,900
2023 $4,502 $420,400 $217,500 $202,900
2022 $4,326 $420,400 $217,500 $202,900
2021 $3,136 $420,400 $217,500 $202,900
2020 $4,112 $420,400 $217,500 $202,900
2019 $4,065 $420,400 $217,500 $202,900
2018 $4,027 $420,400 $217,500 $202,900
2017 $3,964 $420,400 $217,500 $202,900
2016 $3,813 $420,400 $217,500 $202,900
2015 $3,763 $420,400 $217,500 $202,900
2014 $3,708 $420,400 $217,500 $202,900
Source: Public Records

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