2605 Asbury Ave Unit 7 Ocean City, NJ 08226
Estimated Value: $997,936 - $1,215,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                1,144
                Sq Ft
            
            
                
                    $976/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2605 Asbury Ave Unit 7, Ocean City, NJ 08226 and is currently estimated at $1,116,234, approximately $975 per square foot. 2605 Asbury Ave Unit 7 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
            
            
                Aug 3, 2021
            
        
                Sold by
            
            
                Hobson and Susan
            
        
                Bought by
            
            
                Abbott Raymond C and Abbott Elizabeth A
            
        
                            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
            
            
                $760,500
            
        
                Outstanding Balance
            
            
                $689,436
            
        
                Interest Rate
            
            
                2.7%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $426,798
            
        Purchase Details
                Closed on
            
            
                Nov 5, 2010
            
        
                Sold by
            
            
                Hobson David and Hobson Susan
            
        
                Bought by
            
            
                Hobson David
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Abbott Raymond C | $880,000 | Brownstein Ira M | |
| Hobson David | -- | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Abbott Raymond C | $760,500 | 
                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 | $5,831 | $519,700 | $268,500 | $251,200 | 
| 2024 | $5,831 | $519,700 | $268,500 | $251,200 | 
| 2023 | $5,566 | $519,700 | $268,500 | $251,200 | 
| 2022 | $5,223 | $519,700 | $268,500 | $251,200 | 
| 2021 | $3,877 | $519,700 | $268,500 | $251,200 | 
| 2020 | $5,083 | $519,700 | $268,500 | $251,200 | 
| 2019 | $5,026 | $519,700 | $268,500 | $251,200 | 
| 2018 | $4,979 | $519,700 | $268,500 | $251,200 | 
| 2017 | $4,901 | $519,700 | $268,500 | $251,200 | 
| 2016 | $4,714 | $519,700 | $268,500 | $251,200 | 
| 2015 | $4,651 | $519,700 | $268,500 | $251,200 | 
| 2014 | $4,584 | $519,700 | $268,500 | $251,200 | 
                Source: Public Records
                    
            
        Map
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