NOT LISTED FOR SALE

2905 Central Ave Unit 1 Ocean City, NJ 08226

Estimated Value: $2,314,575 - $3,160,000

3 Beds
3 Baths
3,298 Sq Ft
$826/Sq Ft Est. Value

About This Home

This home is located at 2905 Central Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $2,724,144, approximately $825 per square foot. 2905 Central Ave Unit 1 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
Apr 12, 2013
Sold by
Demauriac Barbara H
Bought by
Merkle Michael and Merkle Janet
Current Estimated Value
$2,724,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$674,074
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,050,070
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Merkle Michael $1,300,000 Infinity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkle Michael $975,000
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 $13,548 $1,207,500 $724,000 $483,500
2024 $13,548 $1,207,500 $724,000 $483,500
2023 $12,932 $1,207,500 $724,000 $483,500
2022 $12,425 $1,207,500 $724,000 $483,500
2021 $9,008 $1,207,500 $724,000 $483,500
2020 $11,809 $1,207,500 $724,000 $483,500
2019 $11,677 $1,207,500 $724,000 $483,500
2018 $11,568 $1,207,500 $724,000 $483,500
2017 $11,387 $1,207,500 $724,000 $483,500
2016 $10,952 $1,207,500 $724,000 $483,500
2015 $10,807 $1,207,500 $724,000 $483,500
2014 $10,650 $1,207,500 $724,000 $483,500
Source: Public Records

Map

New Jersey Cape May County Ocean City 08226

2905 Central Ave Unit 1, Ocean City, NJ

This home is located at 2905 Central Ave Unit 1, Ocean City, NJ 08226 and is currently estimated at $2,724,144, approximately $825 per square foot. 2905 Central Ave Unit 1 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.

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