NOT LISTED FOR SALE

28 W 8th St Unit 28 Ocean City, NJ 08226

Estimated Value: $1,796,000 - $2,315,000

4 Beds
3 Baths
1,609 Sq Ft
$1,260/Sq Ft Est. Value

About This Home

This home is located at 28 W 8th St Unit 28, Ocean City, NJ 08226 and is currently estimated at $2,027,155, approximately $1,259 per square foot. 28 W 8th St Unit 28 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
Jan 30, 2025
Sold by
Jones Obie Bernard
Bought by
Kocher Jeffrey Robert and Kocher Julia Cheney
Current Estimated Value
$2,027,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Outstanding Balance
$1,626,658
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$400,497

Purchase Details

Closed on
Oct 9, 2024
Sold by
Phillips Rhonda Michelle and Jones Obie Bernard
Bought by
Jones Obie Bernard

Purchase Details

Closed on
Jul 31, 2013
Sold by
Bolton Eleanor
Bought by
Jones Obie Bernard and Jones Rhonda Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kocher Jeffrey Robert $2,050,000 Freedom Title
Jones Obie Bernard -- None Listed On Document
Jones Obie Bernard -- None Listed On Document
Jones Obie Bernard $760,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kocher Jeffrey Robert $1,640,000
Previous Owner Jones Obie Bernard $465,000
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 $8,801 $784,400 $381,600 $402,800
2024 $8,801 $784,400 $381,600 $402,800
2023 $8,401 $784,400 $381,600 $402,800
2022 $8,071 $784,400 $381,600 $402,800
2021 $5,852 $784,400 $381,600 $402,800
2020 $7,671 $784,400 $381,600 $402,800
2019 $7,585 $784,400 $381,600 $402,800
2018 $7,515 $784,400 $381,600 $402,800
2017 $7,397 $784,400 $381,600 $402,800
2016 $7,115 $784,400 $381,600 $402,800
2015 $7,020 $784,400 $381,600 $402,800
2014 $6,918 $784,400 $381,600 $402,800
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

28 W 8th St Unit 28, Ocean City, NJ

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